South Africa: Market for Hair Lotion and Preparation 2024

Market Size for Hair Lotion and Preparation in South Africa

The South African hair lotion and preparation market stood at $X in 2022, approximately mirroring the previous year. In general, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Hair Lotion and Preparation in South Africa

In value terms, hair lotion and preparation production shrank slightly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

Exports of Hair Lotion and Preparation

Exports from South Africa

For the third year in a row, South Africa recorded growth in overseas shipments of hair lotion and preparation, which increased by X% to X tons in 2022. Overall, exports, however, continue to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, hair lotion and preparation exports rose significantly to $X in 2022. In general, exports, however, showed a mild downturn. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Namibia (X tons), Mozambique (X tons) and Zambia (X tons) were the main destinations of hair lotion and preparation exports from South Africa, with a combined X% share of total exports. Botswana, Zimbabwe, Kenya, Tanzania, the United Arab Emirates, Lesotho, Angola, Swaziland, the United States and Democratic Republic of the Congo lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for hair lotion and preparation exported from South Africa were Namibia ($X), Zambia ($X) and Botswana ($X), together accounting for X% of total exports. Zimbabwe, Mozambique, Tanzania, Kenya, the United Arab Emirates, the United States, Lesotho, Angola, Democratic Republic of the Congo and Swaziland lagged somewhat behind, together comprising a further X%.

The United States, 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

The average hair lotion and preparation export price stood at $X per ton in 2022, rising by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs 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 Namibia ($X per ton), while the average price for exports to Angola ($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 the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hair Lotion and Preparation

Imports into South Africa

In 2022, hair lotion and preparation imports into South Africa expanded rapidly to X tons, with an increase of X% on the previous year's figure. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, hair lotion and preparation imports expanded significantly to $X in 2022. Over the period under review, imports, however, saw a mild reduction. The pace of growth appeared the most rapid in 2021 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

France (X tons), the United States (X tons) and China (X tons) were the main suppliers of hair lotion and preparation imports to South Africa, together comprising X% of total imports. Italy, Germany, Belgium, Poland, Spain, the UK, Turkey, India, Canada and Saudi Arabia lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest hair lotion and preparation suppliers to South Africa were the United States ($X), France ($X) and Italy ($X), with a combined X% share of total imports. Germany, Belgium, China, the UK, Poland, Canada, Spain, India, Turkey and Saudi Arabia lagged somewhat behind, together accounting for a further X%.

Turkey, with a CAGR of X%, recorded the highest rates of growth with regard to 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 hair lotion and preparation import price stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the import price showed a noticeable decline. The growth pace was the most rapid in 2017 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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