Scandinavia: Market for Hair Lotion and Preparation 2024

Market Size for Hair Lotion and Preparation in Scandinavia

The Scandinavia hair lotion and preparation market expanded markedly to $X in 2023, increasing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Hair Lotion and Preparation in Scandinavia

In value terms, hair lotion and preparation production contracted slightly to $X in 2023 estimated in export price. In general, production, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2022, and then declined modestly in the following year.

Exports of Hair Lotion and Preparation

Exports in Scandinavia

For the sixth year in a row, Scandinavia recorded growth in overseas shipments of hair lotion and preparation, which increased by X% to X tons in 2023. Total exports indicated strong growth from 2012 to 2023: its volume 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 2014 indices. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2023 and are likely to see gradual growth in the immediate term.

In value terms, hair lotion and preparation exports soared to $X in 2023. In general, exports posted a buoyant expansion. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, the exports reached the peak figure in 2023 and are expected to retain growth in the immediate term.

Exports by Country

Sweden represented the major exporting country with an export of around X tons, which amounted to X% of total exports. It was distantly followed by Finland (X tons), committing a X% share of total exports. Norway (X tons) followed a long way behind the leaders.

Sweden was also the fastest-growing in terms of the hair lotion and preparation exports, with a CAGR of X% from 2012 to 2023. At the same time, Finland (X%) displayed positive paces of growth. By contrast, Norway (X%) illustrated a downward trend over the same period. While the share of Sweden (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Finland (X p.p.) and Norway (X p.p.) displayed negative dynamics.

In value terms, Sweden ($X) remains the largest hair lotion and preparation supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was held by Finland ($X), with a X% share of total exports.

In Sweden, hair lotion and preparation exports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Finland (X% per year) and Norway (X% per year).

Export Prices by Country

In 2023, the export price in Scandinavia amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X%. The level of export peaked at $X per ton in 2021; however, from 2022 to 2023, 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 Norway ($X per ton), while Sweden ($X per ton) was amongst the lowest.

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

Imports of Hair Lotion and Preparation

Imports in Scandinavia

In 2023, the amount of hair lotion and preparation imported in Scandinavia reached X tons, with an increase of X% on the year before. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. The volume of import peaked in 2023 and is likely to see steady growth in the immediate term.

In value terms, hair lotion and preparation imports surged to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Sweden represented the largest importing country with an import of around X tons, which amounted to X% of total imports. Finland (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Norway (X%).

Imports into Sweden increased at an average annual rate of X% from 2012 to 2023. At the same time, Finland (X%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing importer imported in Scandinavia, with a CAGR of X% from 2012-2023. Norway experienced a relatively flat trend pattern. While the share of Finland (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Norway (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest hair lotion and preparation importing markets in Scandinavia were Sweden ($X), Norway ($X) and Finland ($X).

Finland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2023, the import price in Scandinavia amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Norway ($X per ton), while Sweden ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform