Peru: Shaving Preparations Market 2024

Shaving Preparations Market Size in Peru

The Peruvian shaving preparations market skyrocketed to $X in 2022, jumping by 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). Over the period under review, the total consumption indicated modest growth from 2012 to 2022: its value 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, consumption increased by X% against 2020 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Shaving Preparations Exports

Exports from Peru

In 2022, overseas shipments of pre-shave, shaving and after-shave preparations (excluding soap in blocks) decreased by X% to X kg, falling for the third consecutive year after two years of growth. Overall, exports recorded a sharp slump. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, shaving preparations exports declined rapidly to $X in 2022. In general, exports recorded a sharp reduction. The pace of growth appeared the most rapid in 2019 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Bolivia (X kg) was the main destination for shaving preparations exports from Peru, accounting for a X% share of total exports. Moreover, shaving preparations exports to Bolivia exceeded the volume sent to the second major destination, Ecuador (X kg), fourfold.

From 2012 to 2022, the average annual growth rate of volume to Bolivia amounted to X%.

In value terms, Bolivia ($X) emerged as the key foreign market for pre-shave, shaving and after-shave preparations (excluding soap in blocks) exports from Peru, comprising X% of total exports. The second position in the ranking was taken by Ecuador ($X), with an X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Bolivia amounted to X%.

Export Prices by Country

In 2022, the average shaving preparations export price amounted to $X per ton, jumping by X% against the previous year. Overall, the export price posted a notable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

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 mixed trend patterns.

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Shaving Preparations Imports

Imports into Peru

In 2022, the amount of pre-shave, shaving and after-shave preparations (excluding soap in blocks) imported into Peru soared to X tons, increasing by X% compared with the previous year. In general, total imports indicated temperate growth 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, imports increased by X% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, shaving preparations imports skyrocketed to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when imports increased by X%. As a result, imports reached the peak of $X; afterwards, it flattened through to 2022.

Imports by Country

In 2022, Turkey (X tons) constituted the largest supplier of shaving preparations to Peru, with a X% share of total imports. Moreover, shaving preparations imports from Turkey exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold. The third position in this ranking was taken by Spain (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Turkey totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Spain (X% per year).

In value terms, the largest shaving preparations suppliers to Peru were the United States ($X), Turkey ($X) and Spain ($X), with a combined X% share of total imports.

Turkey, 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

The average shaving preparations import price stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, the import price recorded a perceptible slump. The growth pace was the most rapid in 2019 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for India ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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