United Kingdom: Shaving Preparations Market 2024

Shaving Preparations Market Size in the UK

The UK shaving preparations market expanded notably to $X in 2021, growing by 10% against the previous year. Over the period under review, consumption enjoyed significant growth. Shaving preparations consumption peaked in 2021 and is likely to see gradual growth in years to come.

Shaving Preparations Production in the UK

In value terms, shaving preparations production expanded slightly to $X in 2021 estimated in export price. Overall, production continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2018 when the production volume increased by 8.3%. Over the period under review, production reached the maximum level at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Shaving Preparations Exports

Exports from the UK

In 2021, overseas shipments of pre-shave, shaving and after-shave preparations (excluding soap in blocks) decreased by -38.6% to X tons, falling for the third consecutive year after four years of growth. Overall, exports continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2017 with an increase of 53%. 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 contracted to $X in 2021. Over the period under review, exports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2013 when exports increased by 9.9%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Belgium (X tons) was the main destination for shaving preparations exports from the UK, with a 70% share of total exports. Moreover, shaving preparations exports to Belgium exceeded the volume sent to the second major destination, the United States (X tons), fivefold. The third position in this ranking was held by Canada (X tons), with a 4.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Belgium amounted to +29.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+12.1% per year) and Canada (+8.8% per year).

In value terms, Belgium ($X) remains the key foreign market for pre-shave, shaving and after-shave preparations (excluding soap in blocks) exports from the UK, comprising 63% of total exports. The second position in the ranking was taken by the United States ($X), with a 14% share of total exports. It was followed by Ireland, with a 4.2% share.

From 2012 to 2021, the average annual growth rate of value to Belgium amounted to +24.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-0.4% per year) and Ireland (-9.8% per year).

Export Prices by Country

The average shaving preparations export price stood at $X per ton in 2021, jumping by 45% against the previous year. Over the period under review, the export price, however, showed a perceptible contraction. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Italy ($X per ton), while the average price for exports to Canada ($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 Italy (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

Shaving Preparations Imports

Imports into the UK

For the fourth year in a row, the UK recorded decline in overseas purchases of pre-shave, shaving and after-shave preparations (excluding soap in blocks), which decreased by -11.3% to X tons in 2021. In general, imports continue to indicate a pronounced descent. The most prominent rate of growth was recorded in 2015 with an increase of 17%. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, shaving preparations imports dropped rapidly to $X in 2021. Overall, imports saw a deep setback. The most prominent rate of growth was recorded in 2017 with an increase of 20% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Poland (X tons), Germany (X tons) and Belgium (X tons) were the main suppliers of shaving preparations imports to the UK, together comprising 60% of total imports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +16.3%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, France ($X), Poland ($X) and Germany ($X) appeared to be the largest shaving preparations suppliers to the UK, with a combined 47% share of total imports.

Poland, with a CAGR of +6.9%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average shaving preparations import price amounted to $X per ton, declining by -15.6% against the previous year. In general, the import price showed a slight contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 11% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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