From 2013 to 2023, the imports of pre-shave, shaving, and after shaving preparations to Finland have shown some fluctuations. Starting at 343.61 thousand kilograms in 2013, the volume saw slight increases and decreases over the years, reaching 368.54 thousand kilograms by 2023. The year-on-year variation over this period included notable peaks and troughs, such as a high increase in 2017 (12.36%) and a sharp decline in 2020 (-4.65%). Over the last two years (2021-2023), the year-on-year variations stabilized with incremental increases of 0.35% per annum. The compounded annual growth rate (CAGR) over the last five years stands at 0.35%.
Looking ahead, the forecast from 2024 to 2028 suggests a steady growth trajectory, with the volume projected to inch upwards from 369.94 thousand kilograms in 2024 to 375.2 thousand kilograms by 2028. The five-year forecasted CAGR is a modest 0.28%, indicating a gradual annual increase. Over this period, the total growth rate is estimated to be 1.42%.
Future trends to watch for include shifts in consumer grooming habits, innovations in shaving products, and potential trade policy changes. Market dynamics such as increased preference for eco-friendly and organic grooming products could also impact import volumes.
