Uganda: Shaving Preparations Market 2024

Shaving Preparations Market Size in Uganda

The Ugandan 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, consumption, however, saw a slight curtailment. Shaving preparations consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Shaving Preparations Exports

Exports from Uganda

In 2022, overseas shipments of pre-shave, shaving and after-shave preparations (excluding soap in blocks) were finally on the rise to reach X kg after two years of decline. In general, exports, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, shaving preparations exports totaled $X in 2022. Over the period under review, exports, however, recorded a significant curtailment. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Democratic Republic of the Congo (X kg) was the main destination for shaving preparations exports from Uganda, with a X% share of total exports. Moreover, shaving preparations exports to Democratic Republic of the Congo exceeded the volume sent to the second major destination, Kenya (X kg), more than tenfold. Tanzania (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Democratic Republic of the Congo totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kenya (X% per year) and Tanzania (X% per year).

In value terms, Democratic Republic of the Congo ($X), Tanzania ($X) and Kenya ($X) constituted the largest markets for shaving preparations exported from Uganda worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, Kenya, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average shaving preparations export price amounted to $X per ton, falling by X% against the previous year. Over the period under review, the export price saw a abrupt decline. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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

Shaving Preparations Imports

Imports into Uganda

In 2022, imports of pre-shave, shaving and after-shave preparations (excluding soap in blocks) into Uganda skyrocketed to X tons, rising by X% against 2021. In general, imports, however, continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, shaving preparations imports surged to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. Imports peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest shaving preparations supplier to Uganda, with a X% share of total imports. Moreover, shaving preparations imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, the UK (X tons), threefold. The United States (X kg) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and the United States (X% per year).

In value terms, the United Arab Emirates ($X), the UK ($X) and the United States ($X) constituted the largest shaving preparations suppliers to Uganda, with a combined X% share of total imports.

The UK, 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 mixed trend patterns.

Import Prices by Country

The average shaving preparations import price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the import price recorded a temperate expansion. The growth pace was the most rapid in 2019 an increase of X%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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