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

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

The Colombian market for shampoos, hair lacquers and other preparations rose to $X in 2022, picking up by X% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Production of Shampoos, Hair Lacquers And Other Preparations in Colombia

In value terms, production of shampoos, hair lacquers and other preparations reached $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. Over the period under review, production of reached the maximum level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Exports of Shampoos, Hair Lacquers And Other Preparations

Exports from Colombia

In 2022, overseas shipments of shampoos, hair lacquers and other preparations increased by X% to X tons, rising for the fifth consecutive year after two years of decline. In general, total exports indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2017 indices. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, exports of shampoos, hair lacquers and other preparations dropped to $X in 2022. The total export 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 in certain years. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2021, and then dropped in the following year.

Exports by Country

Peru (X tons), Ecuador (X tons) and Mexico (X tons) were the main destinations of exports of shampoos, hair lacquers and other preparations from Colombia, with a combined X% share of total exports. Venezuela, the United States, El Salvador, Costa Rica, Guatemala, Nicaragua, Chile, Brazil, Panama and the Dominican Republic lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Nicaragua (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Ecuador ($X), Peru ($X) and Mexico ($X) were the largest markets for shampoo, hair lacquer and other preparations exported from Colombia worldwide, together comprising X% of total exports. The United States, Venezuela, Brazil, Guatemala, Panama, Costa Rica, El Salvador, Chile, Nicaragua and the Dominican Republic lagged somewhat behind, together comprising a further X%.

El Salvador, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the average export price for shampoos, hair lacquers and other preparations amounted to $X per ton, waning by X% against the previous year. In general, the export price saw a pronounced contraction. The growth pace was the most rapid in 2016 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($X per ton), while the average price for exports to Nicaragua ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Shampoos, Hair Lacquers And Other Preparations

Imports into Colombia

After two years of decline, supplies from abroad of shampoos, hair lacquers and other preparations increased by X% to X tons in 2022. 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 most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports of hit record highs at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of shampoos, hair lacquers and other preparations skyrocketed to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Mexico (X tons) constituted the largest shampoo, hair lacquer and other preparations supplier to Colombia, with a X% share of total imports. Moreover, imports of shampoos, hair lacquers and other preparations from Mexico exceeded the figures recorded by the second-largest supplier, Brazil (X tons), threefold. The third position in this ranking was held by Spain (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Mexico was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Spain (X% per year).

In value terms, Mexico ($X) constituted the largest supplier of shampoos, hair lacquers and other preparations to Colombia, comprising X% of total imports. The second position in the ranking was taken by Brazil ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Mexico was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Spain (X% per year).

Import Prices by Country

The average import price for shampoos, hair lacquers and other preparations stood at $X per ton in 2022, increasing by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Argentina ($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 United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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