United Arab Emirates: Shaving Preparations Market 2024

Shaving Preparations Market Size in the United Arab Emirates

In 2021, the shaving preparations market in the United Arab Emirates was finally on the rise to reach $X after two years of decline. In general, consumption, however, recorded a abrupt descent. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Shaving Preparations Exports

Exports from the United Arab Emirates

In 2021, after two years of decline, there was significant growth in shipments abroad of pre-shave, shaving and after-shave preparations (excluding soap in blocks), when their volume increased by 13% to X tons. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when exports increased by 66%. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, shaving preparations exports reached $X in 2021. Over the period under review, exports, however, showed a noticeable reduction. The most prominent rate of growth was recorded in 2016 with an increase of 57%. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for shaving preparations exports from the United Arab Emirates, with a 71% share of total exports. Moreover, shaving preparations exports to Saudi Arabia exceeded the volume sent to the second major destination, Oman (X tons), fivefold. Morocco (X tons) ranked third in terms of total exports with a 2.3% share.

From 2012 to 2021, the average annual growth rate of volume to Saudi Arabia stood at +37.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (-11.8% per year) and Morocco (+37.9% per year).

In value terms, the largest markets for shaving preparations exported from the United Arab Emirates were Saudi Arabia ($X), Oman ($X) and the United States ($X), together comprising 66% of total exports.

The United States, with a CAGR of +58.5%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average shaving preparations export price stood at $X per ton in 2021, which is down by -5.8% against the previous year. Over the period under review, the export price showed a noticeable reduction. The most prominent rate of growth was recorded in 2020 an increase of 50%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

Shaving Preparations Imports

Imports into the United Arab Emirates

After two years of decline, purchases abroad of pre-shave, shaving and after-shave preparations (excluding soap in blocks) increased by 61% to X tons in 2021. In general, imports, however, showed a abrupt descent. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, shaving preparations imports skyrocketed to $X in 2021. Over the period under review, imports, however, continue to indicate a abrupt slump. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Italy (X tons), Germany (X tons) and India (X tons) were the main suppliers of shaving preparations imports to the United Arab Emirates, with a combined 31% share of total imports. These countries were followed by Saudi Arabia, Belgium, the UK, the Netherlands, Turkey, China, the United States, France and Spain, which together accounted for a further 28%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Saudi Arabia (with a CAGR of +45.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Germany ($X) and Italy ($X) appeared to be the largest shaving preparations suppliers to the United Arab Emirates, together accounting for 30% of total imports.

In terms of the main suppliers, Belgium, with a CAGR of +43.5%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average shaving preparations import price stood at $X per ton in 2021, rising by 4.8% against the previous year. Over the last nine years, it increased at an average annual rate of +3.3%. The pace of growth appeared the most rapid in 2020 an increase of 14%. The import price peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Belgium ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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