Peru: Market for Hair Lotion and Preparation 2024

Market Size for Hair Lotion and Preparation in Peru

The Peruvian hair lotion and preparation market totaled $X in 2022, with an increase of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. Hair lotion and preparation consumption peaked in 2022 and is likely to continue growth in the immediate term.

Exports of Hair Lotion and Preparation

Exports from Peru

Hair lotion and preparation exports from Peru fell modestly to X tons in 2022, with a decrease of X% compared with 2021. Overall, exports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons, and then shrank in the following year.

In value terms, hair lotion and preparation exports expanded slightly to $X in 2022. Over the period under review, exports, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Ecuador (X tons) was the main destination for hair lotion and preparation exports from Peru, with a X% share of total exports. Moreover, hair lotion and preparation exports to Ecuador exceeded the volume sent to the second major destination, Colombia (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 growth rate of volume to Ecuador amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (X% per year) and Spain (X% per year).

In value terms, Ecuador ($X) remains the key foreign market for hair lotion and preparation exports from Peru, comprising X% of total exports. The second position in the ranking was taken by Spain ($X), with a X% share of total exports. It was followed by Colombia, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Ecuador amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and Colombia (X% per year).

Export Prices by Country

The average hair lotion and preparation export price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2015 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Bolivia ($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 Chile (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hair Lotion and Preparation

Imports into Peru

In 2022, the amount of hair lotion and preparation imported into Peru shrank to X tons, waning by X% compared with 2021. The total import volume 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 pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons, and then reduced in the following year.

In value terms, hair lotion and preparation imports surged 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 somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Colombia (X tons), Mexico (X tons) and Argentina (X tons) were the main suppliers of hair lotion and preparation imports to Peru, together accounting for X% of total imports. Brazil, Italy, Spain and China lagged somewhat behind, together accounting for a further X%.

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

In value terms, Mexico ($X), Colombia ($X) and Italy ($X) constituted the largest hair lotion and preparation suppliers to Peru, together accounting for X% of total imports. Argentina, Brazil, Spain and China lagged somewhat behind, together comprising a further X%.

China, with a CAGR of X%, recorded the highest growth rate of the value of imports, among 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 2022, the average hair lotion and preparation import price amounted to $X per ton, increasing by X% against the previous year. Overall, the import price, however, showed a mild setback. The import price peaked at $X per ton in 2012; however, from 2013 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 Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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