Report Update: May 1, 2024

Morocco - Cosmetics - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Cosmetics Price in Morocco - 2022

Cosmetics Price in Morocco (CIF) - 2022

In 2022, the average cosmetics import price amounted to $13,316 per ton, picking up by 15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. Over the period under review, average import prices attained the peak figure at $14,373 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($27,352 per ton), while the price for China ($4,814 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Cosmetics Price in Morocco (FOB) - 2022

In 2022, the average cosmetics export price amounted to $23,276 per ton, surging by 19% against the previous year. Overall, the export price continues to indicate a modest increase. The pace of growth was the most pronounced in 2013 an increase of 181% against the previous year. The export price peaked at $89,728 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($87,833 per ton), while the average price for exports to Cote d'Ivoire ($2,138 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+15.6%), while the prices for the other major destinations experienced more modest paces of growth.

Cosmetics Imports in Morocco

Cosmetics imports into Morocco declined to 8.9K tons in 2022, which is down by -5.2% against 2021. The total import volume increased at an average annual rate of +4.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 26%. As a result, imports reached the peak of 9.4K tons, and then reduced in the following year.

In value terms, cosmetics imports expanded significantly to $119M in 2022. The total import value increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 24%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Cosmetics in Morocco (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	44.6	34.2	41.0	48.7	3.0%
China	11.3	10.9	12.1	12.8	4.2%
Spain	6.2	5.2	9.1	11.6	23.2%
Poland	7.1	6.3	6.7	7.5	1.8%
Germany	5.3	6.6	6.7	7.2	10.8%
Italy	5.9	3.6	6.2	6.9	5.4%
Turkey	4.5	2.6	4.2	4.1	-3.1%
United Arab Emirates	3.9	3.2	5.1	2.2	-17.4%
India	0.7	1.5	1.0	1.1	16.3%
Others	16.5	13.3	16.4	16.5	0.0%
Total	106	87.4	109	119	3.9%

Top Suppliers of Cosmetics to Morocco in 2022:

China (2650.5 tons)
France (1780.4 tons)
Spain (978.1 tons)
Poland (782.1 tons)
Germany (491.0 tons)
Italy (481.6 tons)
United Arab Emirates (335.0 tons)
Turkey (300.1 tons)
India (149.6 tons)

Cosmetics Exports in Morocco

Cosmetics exports from Morocco skyrocketed to 1.1K tons in 2022, increasing by 17% compared with the previous year. The total export volume increased at an average annual rate of +9.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 23% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, cosmetics exports surged to $25M in 2022. Overall, exports, however, continue to indicate a abrupt decrease.

Export of Cosmetics in Morocco (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	4,500	1,649	2,511	5,106	4.3%
Belgium	148	67.2	1,228	1,515	117.1%
Netherlands	809	3,067	1,288	1,466	21.9%
Libya	414	814	1,058	1,201	42.6%
Saudi Arabia	374	668	861	1,112	43.8%
Mauritania	166	237	417	582	51.9%
Tunisia	320	554	215	515	17.2%
United Arab Emirates	462	264	262	485	1.6%
United States	2,143	385	472	344	-45.7%
Senegal	166	155	158	343	27.4%
Poland	306	344	600	296	-1.1%
Malta	0.5	N/A	376	147	564.9%
Cote d'Ivoire	48.8	84.1	363	76.0	15.9%
Others	31,792	10,503	8,017	11,506	-28.7%
Total	41,650	18,791	17,827	24,692	-16.0%

Top Export Markets for Cosmetics from Morocco in 2022:

France (260.5 tons)
Netherlands (173.2 tons)
Mauritania (117.2 tons)
Saudi Arabia (72.7 tons)
Senegal (52.7 tons)
Libya (45.4 tons)
Cote d'Ivoire (35.6 tons)
Tunisia (35.0 tons)
United Arab Emirates (30.9 tons)
Poland (23.9 tons)
Malta (22.7 tons)
United States (18.2 tons)
Belgium (17.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cosmetics market in Morocco. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20421250 - Lip make-up preparations
Prodcom 20421270 - Eye make-up preparations
Prodcom 20421300 - Manicure or pedicure preparations
Prodcom 20421400 - Powders, whether or not compressed, for cosmetic use (including talcum powder)
Prodcom 20421500 - Beauty, make-up and skin care preparations including suntan (excluding medicaments, lip and eye make-up, manicure and pedicure preparations, powders for cosmetic use and talcum powder)

Country coverage:

Morocco

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Morocco
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023