ASEAN: Market for Shampoos, Hair Lacquers And Other Preparations 2024

Market Size for Shampoos, Hair Lacquers And Other Preparations in ASEAN

In 2022, the ASEAN market for shampoos, hair lacquers and other preparations decreased by X% to $X, falling for the second year in a row after three years of growth. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Shampoos, Hair Lacquers And Other Preparations in ASEAN

In value terms, production of shampoos, hair lacquers and other preparations stood at $X in 2022 estimated in export price. Over the period under review, production, however, showed a slight curtailment. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production of attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Exports of Shampoos, Hair Lacquers And Other Preparations

Exports in ASEAN

In 2022, after two years of growth, there was decline in shipments abroad of shampoos, hair lacquers and other preparations, when their volume decreased by X% to X tons. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X%. The volume of export peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, exports of shampoos, hair lacquers and other preparations reduced slightly to $X in 2022. Overall, exports continue to indicate a noticeable curtailment. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Thailand was the largest exporting country with an export of about X tons, which finished at X% of total exports. Singapore (X tons) ranks second in terms of the total exports with an X% share, followed by Indonesia (X%) and Malaysia (X%). Vietnam (X tons) held a relatively small share of total exports.

Exports from Thailand decreased at an average annual rate of X% from 2012 to 2022. At the same time, Singapore (X%) and Indonesia (X%) displayed positive paces of growth. Moreover, Singapore emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2022. Malaysia experienced a relatively flat trend pattern. By contrast, Vietnam (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Singapore and Indonesia increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) remains the largest shampoo, hair lacquer and other preparations supplier in ASEAN, comprising X% of total exports. The second position in the ranking was held by Singapore ($X), with a X% share of total exports. It was followed by Indonesia, with an X% share.

From 2012 to 2022, the average annual growth rate of value in Thailand amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Singapore (X% per year) and Indonesia (X% per year).

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per ton, almost unchanged from the previous year. In general, the export price, however, saw a mild reduction. The most prominent rate of growth was recorded in 2016 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Shampoos, Hair Lacquers And Other Preparations

Imports in ASEAN

In 2022, imports of shampoos, hair lacquers and other preparations in ASEAN reached X tons, increasing by X% on the previous year. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of shampoos, hair lacquers and other preparations rose markedly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of X%. The level of import peaked in 2022 and is likely to see steady growth in years to come.

Imports by Country

In 2022, the Philippines (X tons) and Malaysia (X tons) were the key importers of shampoos, hair lacquers and other preparations in ASEAN, together comprising X% of total imports. Singapore (X tons) took an X% share (based on physical terms) of total imports, which put it in second place, followed by Vietnam (X%), Thailand (X%), Indonesia (X%), Cambodia (X%), Lao People's Democratic Republic (X%) and Myanmar (X%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Lao People's Democratic Republic (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Philippines ($X), Singapore ($X) and Malaysia ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Vietnam, Thailand, Indonesia, Cambodia, Lao People's Democratic Republic and Myanmar lagged somewhat behind, together accounting for a further X%.

Lao People's Democratic Republic, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in ASEAN stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Singapore ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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