Key Market Indicators
The import of Hair Care products into Bulgaria is projected to increase by 1.4% year on year to reach $44.3 million by 2026. This figure, which was $40.6 million in 2021, will be driven by the continued growth of the country's demand since 2001, which has seen a 4.7% increase year on year. Bulgaria ranks 68th in the world for Hair Care imports, with Honduras slightly ahead at $40.6 million. The top three importers are the United Kingdom, Germany, and China. Bulgarian Hair Care exports are forecasted to experience a 0% year on year average rate to reach $36.5 million by 2026. This figure, which was $36.6 million in 2021, is attributed to the 2.7% year on year increase in supply since 2001. Bulgaria ranks 45th in the world for Hair Care exports, with Lebanon slightly ahead at $36.6 million. The top three exporters are the United States, Italy, and France.