Middle East: Market for Preparations For Permanent Waving Or Straightening Of Hair 2024

Market Size for Preparations For Permanent Waving Or Straightening Of Hair in the Middle East

In 2022, after two years of decline, there was growth in the Middle Eastern market for preparations for permanent waving or straightening of hair, when its value increased by X% to $X. Overall, consumption showed a significant increase. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Preparations For Permanent Waving Or Straightening Of Hair in the Middle East

In value terms, hair waving or straightening preparations production contracted slightly to $X in 2022 estimated in export price. In general, production recorded a strong increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Preparations For Permanent Waving Or Straightening Of Hair

Exports in the Middle East

In 2022, exports of preparations for permanent waving or straightening of hair in the Middle East skyrocketed to X tons, surging by X% against 2021. Overall, exports enjoyed strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, hair waving or straightening preparations exports surged to $X in 2022. In general, exports posted a noticeable increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of export peaked in 2022 and is likely to continue growth in the near future.

Exports by Country

The United Arab Emirates was the key exporting country with an export of around X tons, which resulted at X% of total exports. It was distantly followed by Lebanon (X tons), creating a X% share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the preparations for permanent waving or straightening of hair exports, with a CAGR of X% from 2012 to 2022. Lebanon (X%) illustrated a downward trend over the same period. The United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total exports, while Lebanon saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the United Arab Emirates ($X) and Lebanon ($X) constituted the countries with the highest levels of exports in 2022.

Among the main exporting countries, the United Arab Emirates, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the export price saw a noticeable descent. The growth pace was the most rapid in 2015 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2020; however, from 2021 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 Lebanon ($X per ton), while the United Arab Emirates amounted to $X per ton.

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

Imports of Preparations For Permanent Waving Or Straightening Of Hair

Imports in the Middle East

In 2022, approx. X tons of preparations for permanent waving or straightening of hair were imported in the Middle East; picking up by X% on 2021 figures. Over the period under review, imports, however, continue to indicate a perceptible setback. The pace of growth appeared the most rapid in 2019 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, hair waving or straightening preparations imports expanded notably to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

The United Arab Emirates (X tons) and Saudi Arabia (X tons) represented roughly X% of total imports in 2022. It was distantly followed by Iraq (X tons), committing a X% share of total imports. The following importers - Oman (X tons), Kuwait (X tons) and Qatar (X tons) - together made up X% of total imports.

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

In value terms, the largest hair waving or straightening preparations importing markets in the Middle East were Saudi Arabia ($X), the United Arab Emirates ($X) and Iraq ($X), with a combined X% share of total imports. Oman, Qatar and Kuwait lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Qatar, with a CAGR of X%, saw the highest growth rate of 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

The import price in the Middle East stood at $X per ton in 2022, falling by X% against the previous year. Import price indicated notable growth from 2012 to 2022: its price 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 was the most pronounced in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2021, and then dropped in the following year.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Saudi Arabia ($X per ton) and Oman ($X per ton), while Kuwait ($X per ton) and Iraq ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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