Africa: Market for Hair Lotion and Preparation 2024

Market Size for Hair Lotion and Preparation in Africa

In 2023, the African hair lotion and preparation market decreased by X% to $X, falling for the second year in a row after two years of growth. In general, consumption saw a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2017; afterwards, it flattened through to 2023.

Production of Hair Lotion and Preparation in Africa

In value terms, hair lotion and preparation production totaled $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2023, production failed to regain momentum.

Exports of Hair Lotion and Preparation

Exports in Africa

In 2023, the amount of hair lotion and preparation exported in Africa skyrocketed to X tons, growing by X% on the year before. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2023, the exports remained at a lower figure.

In value terms, hair lotion and preparation exports surged to $X in 2023. Total exports indicated a slight increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

In 2023, South Africa (X tons) represented the main exporter of hair lotion and preparation, comprising X% of total exports. Nigeria (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Egypt (X%), Cote d'Ivoire (X%) and Uganda (X%). Kenya (X tons) and Tunisia (X tons) took a minor share of total exports.

Exports from South Africa decreased at an average annual rate of X% from 2012 to 2023. At the same time, Uganda (X%), Nigeria (X%), Egypt (X%) and Tunisia (X%) displayed positive paces of growth. Moreover, Uganda emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2023. By contrast, Kenya (X%) and Cote d'Ivoire (X%) illustrated a downward trend over the same period. While the share of Nigeria (X p.p.), Egypt (X p.p.) and Uganda (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Cote d'Ivoire (X p.p.) and South Africa (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X), Egypt ($X) and Cote d'Ivoire ($X) were the countries with the highest levels of exports in 2023, together comprising X% of total exports. Nigeria, Uganda, Kenya and Tunisia lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Uganda, 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 more modest paces of growth.

Export Prices by Country

The export price in Africa stood at $X per ton in 2023, surging by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2022 when the export price increased by X% against the previous year. The level of export peaked in 2023 and is likely to see steady growth in years to come.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Uganda (X%), while the other leaders experienced more modest paces of growth.

Imports of Hair Lotion and Preparation

Imports in Africa

For the third year in a row, Africa recorded growth in supplies from abroad of hair lotion and preparation, which increased by X% to X tons in 2023. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, hair lotion and preparation imports reduced modestly to $X in 2023. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, South Africa (X tons), Morocco (X tons), Libya (X tons), Ghana (X tons), Kenya (X tons), Ethiopia (X tons), Algeria (X tons), Tanzania (X tons), Cameroon (X tons), Tunisia (X tons), Angola (X tons) and Zambia (X tons) was the key importer of hair lotion and preparation in Africa, generating X% of total import. Sudan (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Cameroon (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Morocco ($X) and Libya ($X) appeared to be the countries with the highest levels of imports in 2023, together accounting for X% of total imports. Tunisia, Sudan, Algeria, Kenya, Ethiopia, Angola, Ghana, Cameroon, Tanzania and Zambia lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Cameroon, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Africa amounted to $X per ton, with a decrease of X% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 to 2023, import prices remained at a lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Sudan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform