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

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

The Estonian market for shampoos, hair lacquers and other preparations skyrocketed to $X in 2022, with an increase of X% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Shampoos, Hair Lacquers And Other Preparations in Estonia

In value terms, production of shampoos, hair lacquers and other preparations fell rapidly to $X in 2022 estimated in export price. Overall, production recorded significant growth. The growth pace was the most rapid in 2021 when the production volume increased by X%. As a result, production attained the peak level of $X, and then fell significantly in the following year.

Exports of Shampoos, Hair Lacquers And Other Preparations

Exports from Estonia

In 2022, the amount of shampoos, hair lacquers and other preparations exported from Estonia fell dramatically to X tons, with a decrease of X% compared with the year before. Over the period under review, exports, however, posted a strong expansion. The pace of growth was the most pronounced in 2017 when exports increased by X%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, exports of shampoos, hair lacquers and other preparations contracted markedly to $X in 2022. In general, exports, however, continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then reduced notably in the following year.

Exports by Country

Russia (X tons), Poland (X tons) and Latvia (X tons) were the main destinations of exports of shampoos, hair lacquers and other preparations from Estonia, with a combined X% share of total exports. Lithuania, Spain, the Czech Republic, Finland, Turkey, Vietnam, Saudi Arabia, France, Sweden and Romania lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Lithuania ($X), Russia ($X) and Latvia ($X) appeared to be the largest markets for shampoo, hair lacquer and other preparations exported from Estonia worldwide, together accounting for X% of total exports. Finland, Poland, Sweden, Spain, the Czech Republic, Saudi Arabia, Turkey, France, Vietnam and Romania lagged somewhat behind, together accounting for a further X%.

Spain, 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, picking up by X% against the previous year. Overall, export price indicated a modest increase from 2012 to 2022: its price 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, export price for shampoos, hair lacquers and other preparations increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Vietnam ($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 Vietnam (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 Estonia

In 2022, purchases abroad of shampoos, hair lacquers and other preparations increased by X% to X tons for the first time since 2017, thus ending a four-year declining trend. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2017 when imports increased by X%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of shampoos, hair lacquers and other preparations fell to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Poland (X tons), Finland (X tons) and Lithuania (X tons) were the main suppliers of imports of shampoos, hair lacquers and other preparations to Estonia, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Lithuania (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest shampoo, hair lacquer and other preparations suppliers to Estonia were Poland ($X), Germany ($X) and Finland ($X), together comprising X% of total imports. Italy, Latvia, Lithuania, the United States, Russia, the UK, the Netherlands, China, Spain and France lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Lithuania, with a CAGR of X%, saw the highest growth rate of 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 import price for shampoos, hair lacquers and other preparations stood at $X per ton in 2022, which is down by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 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 ($X per ton), while the price for China ($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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