South-Eastern Asia: Market for Preparations For Permanent Waving Or Straightening Of Hair 2024

Market Size for Preparations For Permanent Waving Or Straightening Of Hair in South-Eastern Asia

The Southeast Asian market for preparations for permanent waving or straightening of hair skyrocketed to $X in 2022, surging by X% against the previous year. The market value 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 throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Production of Preparations For Permanent Waving Or Straightening Of Hair in South-Eastern Asia

In value terms, hair waving or straightening preparations production declined to $X in 2022 estimated in export price. Overall, production recorded a abrupt contraction. The growth pace was the most rapid in 2021 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Preparations For Permanent Waving Or Straightening Of Hair

Exports in South-Eastern Asia

After two years of growth, overseas shipments of preparations for permanent waving or straightening of hair decreased by X% to X tons in 2022. Over the period under review, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, hair waving or straightening preparations exports contracted to $X in 2022. In general, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Thailand was the key exporter of preparations for permanent waving or straightening of hair in South-Eastern Asia, with the volume of exports accounting for X tons, which was approx. X% of total exports in 2022. It was distantly followed by Singapore (X tons) and Malaysia (X tons), together mixing up a X% share of total exports. Indonesia (X tons) followed a long way behind the leaders.

Exports from Thailand decreased at an average annual rate of X% from 2012 to 2022. At the same time, Singapore (X%) and Indonesia (X%) displayed positive paces of growth. Moreover, Singapore emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Malaysia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Singapore, Malaysia and Indonesia increased by X, X and X percentage points, respectively.

In value terms, Thailand ($X) remains the largest hair waving or straightening preparations supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Singapore ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Thailand totaled X%. In the other countries, the average annual rates were as follows: Singapore (X% per year) and Malaysia (X% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2019; however, from 2020 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 Singapore ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other leaders experienced a decline in the export price figures.

Imports of Preparations For Permanent Waving Or Straightening Of Hair

Imports in South-Eastern Asia

Hair waving or straightening preparations imports soared to X tons in 2022, rising by X% against 2021. Over the period under review, imports continue to indicate a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, hair waving or straightening preparations imports skyrocketed to $X in 2022. Overall, imports recorded a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Indonesia (X tons), Thailand (X tons) and Vietnam (X tons) was the largest importer of preparations for permanent waving or straightening of hair in South-Eastern Asia, committing X% of total import. Singapore (X tons) ranks next in terms of the total imports with an X% share, followed by the Philippines (X%) and Malaysia (X%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Indonesia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), Indonesia ($X) and Thailand ($X) were the countries with the highest levels of imports in 2022, together comprising X% of total imports.

Vietnam, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries 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 South-Eastern Asia amounted to $X per ton, falling by X% against the previous year. In general, the import price recorded a slight descent. The most prominent rate of growth was recorded in 2014 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Singapore ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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