Tanzania: Market for Hair Lotion and Preparation 2024

Market Size for Hair Lotion and Preparation in Tanzania

In 2023, the Tanzanian hair lotion and preparation market increased by X% to $X, rising for the fifth year in a row after two years of decline. In general, the total consumption indicated prominent growth 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, consumption increased by X% against 2018 indices. Hair lotion and preparation consumption peaked in 2023 and is expected to retain growth in the near future.

Production of Hair Lotion and Preparation in Tanzania

In value terms, hair lotion and preparation production expanded sharply to $X in 2023 estimated in export price. Overall, production posted a prominent expansion. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2023, production failed to regain momentum.

Exports of Hair Lotion and Preparation

Exports from Tanzania

In 2023, approx. X tons of hair lotion and preparation were exported from Tanzania; surging by X% on 2022 figures. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2022 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, hair lotion and preparation exports surged to $X in 2023. In general, exports showed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2022 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Kenya (X tons) was the main destination for hair lotion and preparation exports from Tanzania, with a X% share of total exports. Moreover, hair lotion and preparation exports to Kenya exceeded the volume sent to the second major destination, Somalia (X tons), fivefold. Comoros (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Kenya totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Somalia (X.5% per year) and Comoros (X% per year).

In value terms, Kenya ($X) remains the key foreign market for hair lotion and preparation exports from Tanzania, comprising X% of total exports. The second position in the ranking was held by Somalia ($X), with an X% share of total exports. It was followed by Mozambique, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Kenya amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Somalia (X.2% per year) and Mozambique (X% per year).

Export Prices by Country

In 2023, the average hair lotion and preparation export price amounted to $X per ton, flattening at the previous year. Overall, the export price saw strong growth. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Burundi ($X per ton), while the average price for exports to Comoros ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Comoros (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hair Lotion and Preparation

Imports into Tanzania

For the third consecutive year, Tanzania recorded growth in purchases abroad of hair lotion and preparation, which increased by X% to X tons in 2023. Over the period under review, imports, however, saw a noticeable decrease. The pace of growth was the most pronounced in 2022 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2023, imports failed to regain momentum.

In value terms, hair lotion and preparation imports soared to $X in 2023. Overall, imports, however, recorded a deep downturn. The pace of growth appeared the most rapid in 2014 when imports increased by X%. As a result, imports reached the peak of $X. From 2015 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X tons), the United Arab Emirates (X tons) and South Africa (X tons) were the main suppliers of hair lotion and preparation imports to Tanzania, with a combined X% share of total imports. Turkey, India, Spain, the United States, Kenya and the UK lagged somewhat behind, together accounting for a further X%.

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

In value terms, South Africa ($X) constituted the largest supplier of hair lotion and preparation to Tanzania, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2023, the average annual growth rate of value from South Africa totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

The average hair lotion and preparation import price stood at $X per ton in 2023, with an increase of X% against the previous year. Overall, the import price, however, continues to indicate a slight decline. The growth pace was the most rapid in 2018 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2019 to 2023, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for India ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform