MENA: Market for Preparations For Permanent Waving Or Straightening Of Hair 2024

Market Size for Preparations For Permanent Waving Or Straightening Of Hair in MENA

In 2022, after two years of decline, there was growth in the MENA's market for preparations for permanent waving or straightening of hair, when its value increased by X% to $X. Overall, consumption saw a buoyant expansion. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Preparations For Permanent Waving Or Straightening Of Hair in MENA

In value terms, hair waving or straightening preparations production declined to $X in 2022 estimated in export price. Overall, production showed a buoyant expansion. The growth pace was the most rapid in 2017 with an increase of X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Preparations For Permanent Waving Or Straightening Of Hair

Exports in MENA

In 2022, the amount of preparations for permanent waving or straightening of hair exported in MENA soared to X tons, rising by X% against the previous year. In general, exports saw a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, hair waving or straightening preparations exports skyrocketed to $X in 2022. Over the period under review, exports posted noticeable growth. The pace of growth appeared the most rapid in 2017 when exports increased by X%. The level of export peaked in 2022 and is likely to continue growth in years to come.

Exports by Country

The United Arab Emirates was the major exporting country with an export of around X tons, which amounted to X% of total exports. It was distantly followed by Lebanon (X tons), achieving a X% share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the preparations for permanent waving or straightening of hair exports, with a CAGR of X% from 2012 to 2022. Lebanon (X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Lebanon (X p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) and Lebanon ($X) were the countries with the highest levels of exports in 2022.

Among the main exporting countries, the United Arab Emirates, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the export price continues to indicate a perceptible downturn. The growth pace was the most rapid in 2015 an increase of X% against the previous year. The level of export peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Lebanon ($X per ton), while the United Arab Emirates stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (X%).

Imports of Preparations For Permanent Waving Or Straightening Of Hair

Imports in MENA

Hair waving or straightening preparations imports totaled X tons in 2022, with an increase of X% on the previous year's figure. Over the period under review, imports, however, saw a deep contraction. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, hair waving or straightening preparations imports rose to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) and Saudi Arabia (X tons) represented the key importers of preparations for permanent waving or straightening of hair in MENA, together amounting to approx. X% of total imports. Iraq (X tons) ranks next in terms of the total imports with an X% share, followed by Morocco (X%). The following importers - Oman (X tons), Algeria (X tons), Kuwait (X tons) and Qatar (X tons) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Qatar (with a CAGR of X%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Saudi Arabia ($X), the United Arab Emirates ($X) and Iraq ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Morocco, Oman, Algeria, Qatar and Kuwait lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Qatar, with a CAGR of X%, recorded 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

In 2022, the import price in MENA amounted to $X per ton, shrinking by X% against the previous year. Import price indicated a noticeable 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. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2021, and then declined in the following year.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Saudi Arabia ($X per ton) and Oman ($X per ton), while Algeria ($X per ton) and Kuwait ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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