ECOWAS: Market for Shampoos, Hair Lacquers And Other Preparations 2024

Market Size for Shampoos, Hair Lacquers And Other Preparations in ECOWAS

The ECOWAS market for shampoos, hair lacquers and other preparations totaled $X in 2022, leveling off at the previous year. In general, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Shampoos, Hair Lacquers And Other Preparations in ECOWAS

In value terms, production of shampoos, hair lacquers and other preparations reached $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X%. The level of production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Exports of Shampoos, Hair Lacquers And Other Preparations

Exports in ECOWAS

In 2022, the amount of shampoos, hair lacquers and other preparations exported in ECOWAS contracted slightly to X tons, shrinking by X% against the previous year's figure. Overall, exports recorded a mild descent. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports of attained the maximum at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of shampoos, hair lacquers and other preparations rose sharply to $X in 2022. Over the period under review, exports recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Cote d'Ivoire was the key exporting country with an export of around X tons, which recorded X% of total exports. It was distantly followed by Nigeria (X tons), mixing up a X% share of total exports. The following exporters - Ghana (X tons) and Senegal (X tons) - each accounted for a X% share of total exports.

Exports from Cote d'Ivoire decreased at an average annual rate of X% from 2012 to 2022. At the same time, Senegal (X%) and Nigeria (X%) displayed positive paces of growth. Moreover, Senegal emerged as the fastest-growing exporter exported in ECOWAS, with a CAGR of X% from 2012-2022. By contrast, Ghana (X%) illustrated a downward trend over the same period. Nigeria (X p.p.) and Senegal (X p.p.) significantly strengthened its position in terms of the total exports, while Ghana and Cote d'Ivoire saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Cote d'Ivoire ($X) remains the largest shampoo, hair lacquer and other preparations supplier in ECOWAS, comprising X% of total exports. The second position in the ranking was taken by Nigeria ($X), with a X% share of total exports. It was followed by Senegal, with a X% share.

In Cote d'Ivoire, exports of shampoos, hair lacquers and other preparations contracted by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Nigeria (X% per year) and Senegal (X% per year).

Export Prices by Country

In 2022, the export price in ECOWAS amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price, however, recorded a perceptible downturn. The pace of growth appeared the most rapid in 2013 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, 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 Cote d'Ivoire (X%), while the other leaders experienced a decline in the export price figures.

Imports of Shampoos, Hair Lacquers And Other Preparations

Imports in ECOWAS

After two years of growth, overseas purchases of shampoos, hair lacquers and other preparations decreased by X% to X tons in 2022. Total imports indicated mild 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. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of shampoos, hair lacquers and other preparations shrank to $X in 2022. Over the period under review, imports continue to indicate a pronounced reduction. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

Ghana (X tons) and Senegal (X tons) represented roughly X% of total imports in 2022. Mali (X tons) ranks next in terms of the total imports with a X% share, followed by Nigeria (X%), Burkina Faso (X%) and Guinea (X%). Cabo Verde (X tons) followed a long way behind the leaders.

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

In value terms, Ghana ($X) constitutes the largest market for imported shampoos, hair lacquers and other preparations in ECOWAS, comprising X% of total imports. The second position in the ranking was held by Nigeria ($X), with an X% share of total imports. It was followed by Mali, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Ghana stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Nigeria (X% per year) and Mali (X% per year).

Import Prices by Country

In 2022, the import price in ECOWAS amounted to $X per ton, with a decrease of X% against the previous year. Overall, the import price saw a perceptible decline. The most prominent rate of growth was recorded in 2021 an increase of X%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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