Western Africa: Shaving Preparations Market 2024

Shaving Preparations Market Size in Western Africa

The West African shaving preparations market expanded notably to $X in 2022, picking up by X% against the previous year. In general, consumption posted a resilient expansion. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Shaving Preparations Production in Western Africa

In value terms, shaving preparations production amounted to $X in 2022 estimated in export price. Overall, production posted buoyant growth. The growth pace was the most rapid in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Shaving Preparations Exports

Exports in Western Africa

In 2022, approx. X tons of pre-shave, shaving and after-shave preparations (excluding soap in blocks) were exported in Western Africa; declining by X% against the previous year's figure. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, shaving preparations exports fell notably to $X in 2022. Overall, exports, however, recorded a buoyant expansion. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Senegal (X tons) represented the major exporter of pre-shave, shaving and after-shave preparations (excluding soap in blocks), generating X% of total exports. It was distantly followed by Nigeria (X tons), constituting a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Senegal (with a CAGR of X%).

In value terms, Senegal ($X) emerged as the largest shaving preparations supplier in Western Africa, comprising X% of total exports. The second position in the ranking was taken by Nigeria ($X), with a X% share of total exports.

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

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price, however, saw a abrupt decrease. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Senegal ($X per ton), while Nigeria amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (X%).

Shaving Preparations Imports

Imports in Western Africa

After two years of growth, purchases abroad of pre-shave, shaving and after-shave preparations (excluding soap in blocks) decreased by X% to X tons in 2022. Over the period under review, imports, however, enjoyed a measured expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, shaving preparations imports dropped to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The level of import peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

Ghana represented the major importing country with an import of around X tons, which recorded X% of total imports. Nigeria (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Senegal (X%). Cote d'Ivoire (X tons) held a minor share of total imports.

Ghana was also the fastest-growing in terms of the pre-shave, shaving and after-shave preparations (excluding soap in blocks) imports, with a CAGR of X% from 2012 to 2022. Cote d'Ivoire experienced a relatively flat trend pattern. Senegal (X%) and Nigeria (X%) illustrated a downward trend over the same period. Ghana (X p.p.) significantly strengthened its position in terms of the total imports, while Senegal and Nigeria saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest shaving preparations importing markets in Western Africa were Ghana ($X), Nigeria ($X) and Cote d'Ivoire ($X), together comprising X% of total imports.

Ghana, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in Western Africa amounted to $X per ton, growing by X% against the previous year. In general, the import price, however, showed a mild shrinkage. The most prominent rate of growth was recorded in 2014 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Cote d'Ivoire ($X per ton), while Ghana ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :