Which Country Imports the Most Skin Care in the World?

Soap And Detergents May 28, 2018
Author: Sergey Avramenko
Head of Global Markets Research Team

Which Country Imports the Most Skin Care in the World?

IndexBox has just published a new report "World: Silver Including Silver Plated With Gold Or Platinum ; Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.

In 2016, approx. 72K tonnes of silver were imported worldwide; coming down by ;5.6% against the previous year figure. In general, silver imports continue to indicate a moderate decline. The pace of growth appeared the most rapid in 2015, an increase of 5% year;to;year. Over the period under review, global silver imports reached its maximum volume of 92K tonnes in 2008; however, from 2009 to 2016, it stood at a somewhat lower level.

In value terms, silver imports stood at $17B in 2016. Overall, silver imports continue to indicate a temperate expansion. In that year, global silver imports attained its maximum level of $34B. From 2012 to 2016, growth of global silver imports failed to regain its strength.

Top Silver Importing Countries in the World

1. USA (4.4 billion USD)

2. United Kingdom (2.4 billion USD)

3. India (1.8 billion USD)

4. Canada (1.3 billion USD)

5. Japan (1.0 billion USD)

6. China (0.8 billion USD)

7. Switzerland (0.6 billion USD)

8. China, Hong Kong SAR (0.5 billion USD)

9. South Korea (0.4 billion USD)

10. Italy (0.4 billion USD)

11. Mexico (0.1 billion USD)

12. Russia (0.0 billion USD)

Silver Imports By Country

Japan (8.3K tonnes), the U.S. (7.8K tonnes), Mexico (6.8K tonnes), the UK (4.9K tonnes), Canada (4K tonnes), South Korea (3.5K tonnes), India (3.5K tonnes), China (3.4K tonnes), Russia (3.3K tonnes), and China, Hong Kong SAR (3.2K tonnes) represented roughly 68% of total imports of silver in 2016. The following importers ; Switzerland (2.1K tonnes), and Italy (2.1K tonnes) occupied approx. 6% of total imports, each.

From 2007 to 2016, the most notable growth rate of silver imports, among the main importing countries, was attained by Canada (+6.8% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the largest silver markets worldwide were the U.S. ($4.4B), the UK ($2.4B) and India ($1.8B), with a combined 50% share of global imports. These countries were followed by Canada, Japan, China, Switzerland, China, Hong Kong SAR, South Korea, Italy, Mexico and Russia, which together accounted for a further 29%.

Canada (+23.7% per year) experienced the highest rates of growth with regard to the silver imports, in terms of the main importing countries, over the last 9 years, while the other global leaders experienced more modest paces of growth.

Silver Import Prices By Country

The average silver import price stood at $242 per kg in 2016, flattening at the previous year level. In general, silver import price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2011, when import price increased by 58% against the previous year level. Global silver import peaked of $433 per kg in 2012; however, from 2013 to 2016, it stood at a somewhat lower level.

Import prices varied noticeably by country of destination. the country with the highest import prices was the U.S. ($565 per kg), while Russia ($1,262 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of silver import prices was attained by Canada (+15.9% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global silver market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • silver market share
  • silver prices
  • silver industry
  • silver sales
  • silver import
  • silver export
  • silver market forecast
  • silver price forecast
  • key silver producers

All data provided in this article covers the following product: HS Code 7106 ; Silver (including silver plated with gold or platinum); unwrought or in semi;manufactured forms, or in powder form.

Source: World: Silver Including Silver Plated With Gold Or Platinum ; Market Report. Analysis and Forecast to 2025"

"IndexBox has just published a new report "World: Skin Care - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.

Global skin care imports totaled 3.4M tonnes in 2016, import ,therefore, remained relatively stable against the previous year level. Overall, it indicated a noticeable increase from 2007 to 2016: the total imports volume increased at an average annual rate of +3.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, skin care imports increased by +3.3% against its level of 2014. The pace of growth was the most pronounced in 2013, when import increased by 40% y-o-y. In that year, global skin care imports reached its maximum volume of 4.7M tonnes. From 2014 to 2016, growth of global skin care imports stood at a somewhat lower level.

In value terms, skin care imports totaled $41B in 2016. Overall, it indicated a strong expansion from 2007 to 2016: the total imports value increased at an average annual rate of +3.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, skin care imports increased by +83.8% against its level of 2007. Global skin care import peaked in 2016, and are likely to see steady growth in the near future.

Top Skin Care Importing Countries in the World

1. USA (4.6 billion USD)

2. China (4.0 billion USD)

3. China, Hong Kong SAR (3.5 billion USD)

4. United Kingdom (2.3 billion USD)

5. Germany (2.2 billion USD)

6. France (1.5 billion USD)

7. Belgium (1.1 billion USD)

8. Italy (1.1 billion USD)

9. South Korea (1.0 billion USD)

10. Spain (0.9 billion USD)

11. Thailand (0.7 billion USD)

12. Poland (0.7 billion USD)

Skin Care Imports By Country

The countries with the highest levels of skin care imports in 2016 were France (274K tonnes), Germany (239K tonnes), China (201K tonnes), the UK (187K tonnes), the U.S. (165K tonnes), Poland (161K tonnes), China, Hong Kong SAR (157K tonnes), Spain (151K tonnes), South Korea (127K tonnes), Italy (98K tonnes), Belgium (81K tonnes), and Thailand (76K tonnes), together amounting to 56% of total import.

From 2007 to 2016, the most notable growth rate of skin care imports, among the main importing countries, was attained by South Korea (+26.8% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the U.S. ($4.6B), China ($4B) and China, Hong Kong SAR ($3.5B) were the countries with the highest levels of imports in 2016, together accounting for 29% of global imports.

China (+30.9% per year) recorded the highest growth rate of skin care imports, among the main importing countries, over the last 9 years, while the other global leaders experienced more modest paces of growth.

Skin Care Import Prices By Country

The average skin care import price stood at $12 per kg in 2016, increasing by 10% against the previous year. Over the last nine years it increased at an average annual rate of +3.1%.The most prominent rate of growth was recorded in 2014, when import increased by 55% from the previous year level. Over the period under review, average skin care import price attained its maximum level in 2016, and is expected to retain its growth in the immediate term.

There were significant differences in the average import prices amongst major importing countries. In 2016, the country with the highest import prices was the U.S. ($28 per kg), while Poland ($4,470 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of skin care import prices was attained by China (+23.0% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global skin care market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • skin care market share
  • skin care prices
  • skin care industry
  • skin care sales
  • skin care import
  • skin care export
  • skin care market forecast
  • skin care price forecast
  • key skin care producers

All data provided in this article covers the following product: HS Code 3304 - Cosmetic and toilet preparations- beauty, make-up and skin care preparations (excluding medicaments, including sunscreen or sun tan preparations), manicure or pedicure preparations.

Source: World: Skin Care - Market Report. Analysis and Forecast to 2025