Sri Lanka - Cosmetics - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCosmetics Price in Sri Lanka - 2021
Contents:
- Cosmetics Price in Sri Lanka (CIF) - 2022
- Cosmetics Price in Sri Lanka (FOB) - 2022
- Cosmetics Imports in Sri Lanka
- Cosmetics Exports in Sri Lanka
Cosmetics Price in Sri Lanka (CIF) - 2022
In 2022, the average cosmetics import price amounted to $9,822 per ton, shrinking by -4.9% against the previous year. Overall, the import price, however, showed moderate growth. The growth pace was the most rapid in 2018 when the average import price increased by 42%. Over the period under review, average import prices reached the peak figure at $11,001 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($39,765 per ton), while the price for Indonesia ($4,492 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Cosmetics Price in Sri Lanka (FOB) - 2022
In 2022, the average cosmetics export price amounted to $11,118 per ton, with a decrease of -4% against the previous year. Over the period under review, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cosmetics export price increased by +89.5% against 2018 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 41% against the previous year. As a result, the export price attained the peak level of $11,581 per ton, and then dropped slightly in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($31,616 per ton), while the average price for exports to the United Arab Emirates ($5,091 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 Japan (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.
Cosmetics Imports in Sri Lanka
In 2022, the amount of cosmetics imported into Sri Lanka declined notably to 321 tons, shrinking by -71.7% on 2021 figures. Overall, imports faced a significant curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 89% against the previous year.
In value terms, cosmetics imports reduced rapidly to $3.2M in 2022. Over the period under review, imports showed a dramatic decline. The most prominent rate of growth was recorded in 2021 when imports increased by 78% against the previous year.
| Import of Cosmetics in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 4,548 | 2,239 | 3,195 | 1,021 | -39.2% |
| France | 399 | 240 | 416 | 450 | 4.1% |
| Poland | 284 | 157 | 795 | 287 | 0.4% |
| United States | 208 | 185 | 209 | 199 | -1.5% |
| United Kingdom | 218 | 110 | 312 | 182 | -5.8% |
| China | 432 | 166 | 175 | 106 | -37.4% |
| Malaysia | 171 | 115 | 107 | 94.2 | -18.0% |
| Thailand | 2,187 | 282 | 305 | 71.7 | -68.0% |
| Pakistan | 21.4 | 105 | 27.3 | 70.3 | 48.7% |
| United Arab Emirates | 472 | 165 | 177 | 66.3 | -48.0% |
| Indonesia | 122 | 11.6 | 7.3 | 64.2 | -19.3% |
| Germany | 301 | 83.6 | 353 | 43.3 | -47.6% |
| Singapore | 638 | 581 | 614 | 39.0 | -60.6% |
| Others | 3,431 | 2,150 | 5,017 | 457 | -48.9% |
| Total | 13,434 | 6,589 | 11,709 | 3,151 | -38.3% |
Top Suppliers of Cosmetics to Sri Lanka in 2022:
- India (163.6 tons)
- Poland (38.8 tons)
- Malaysia (20.1 tons)
- China (15.1 tons)
- Indonesia (14.3 tons)
- United States (11.5 tons)
- France (11.3 tons)
- United Kingdom (10.3 tons)
- United Arab Emirates (8.6 tons)
- Pakistan (5.5 tons)
- Thailand (3.5 tons)
- Germany (2.8 tons)
- Singapore (1.3 tons)
Cosmetics Exports in Sri Lanka
In 2022, the amount of cosmetics exported from Sri Lanka reduced sharply to 330 tons, shrinking by -20.1% compared with the previous year's figure. In general, exports continue to indicate a deep reduction. The smallest decline of -6.8% was in 2021.
In value terms, cosmetics exports fell rapidly to $3.7M in 2022. Over the period under review, exports showed a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 31% against the previous year. As a result, the exports reached the peak of $4.8M, and then reduced rapidly in the following year.
| Export of Cosmetics in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,545 | 682 | 1,309 | 1,701 | 3.3% |
| Pakistan | 47.8 | 330 | 697 | 427 | 107.5% |
| United Kingdom | 768 | 488 | 618 | 330 | -24.5% |
| Japan | 169 | 68.5 | 196 | 227 | 10.3% |
| Maldives | 309 | 148 | 299 | 215 | -11.4% |
| United Arab Emirates | 5.9 | 1,071 | 634 | 177 | 210.7% |
| India | 702 | 41.2 | 125 | 25.3 | -67.0% |
| Russia | 206 | 116 | 90.7 | N/A | -33.6% |
| Others | 712 | 707 | 816 | 567 | -7.3% |
| Total | 4,465 | 3,652 | 4,785 | 3,669 | -6.3% |
Top Export Markets for Cosmetics from Sri Lanka in 2022:
- United States (110.4 tons)
- United Kingdom (64.7 tons)
- Pakistan (47.1 tons)
- United Arab Emirates (34.7 tons)
- Maldives (31.0 tons)
- Japan (7.2 tons)
- India (1.3 tons)
This report provides an in-depth analysis of the cosmetics market in Sri Lanka. 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:
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sri Lanka
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the cosmetics market in Sri Lanka.
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This report provides an in-depth analysis of the eye make-up preparations market in Sri Lanka.
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This report provides an in-depth analysis of the lip make-up preparations market in Sri Lanka.
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This report provides an in-depth analysis of the market for manicure or pedicure preparations in Sri Lanka.
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This report provides an in-depth analysis of the market for talcum and cosmetic powder in Sri Lanka.
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This report provides an in-depth analysis of the market for beauty, make-up and skin care preparations in Sri Lanka.
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This report provides an in-depth analysis of the global cosmetics market.
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This report provides an in-depth analysis of the global eye make-up preparations market.
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This report provides an in-depth analysis of the global lip make-up preparations market.
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This report provides an in-depth analysis of the global market for manicure or pedicure preparations.
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Discover the top import markets for cosmetics around the world. China, Hong Kong SAR, United States, Singapore, and more. Get key statistics and data.
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The pandemic hit the cosmetic market hard due to the closures of retail outlets. The market responds by switching to personal care goods and developing innovative digital services. While China remains the global leader in terms of cosmetics consumption, Hong Kong and Singapore feature the highest cosmetics per capita consumption in the world.
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The global skin care market revenue amounted to $129.7B in 2018, surging by 9.2% against the previous year. This...
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Global skin care imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. Overall, it indicated a noticeable increase from 2007 to 2016: the ...
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Global skin care imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. Overall, it indicated a noticeable increase from 2007 to 2016: the ...
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Explore the top import markets for beauty, make-up, and skin care preparations, including countries like China, Hong Kong SAR, the United States, and more. Learn about the key statistics and market insights from IndexBox market intelligence platform.
353
Discover the top import markets for cosmetics around the world. China, Hong Kong SAR, United States, Singapore, and more. Get key statistics and data.
693
The pandemic hit the cosmetic market hard due to the closures of retail outlets. The market responds by switching to personal care goods and developing innovative digital services. While China remains the global leader in terms of cosmetics consumption, Hong Kong and Singapore feature the highest cosmetics per capita consumption in the world.
791
The global skin care market revenue amounted to $129.7B in 2018, surging by 9.2% against the previous year. This...
1957
Global skin care imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. Overall, it indicated a noticeable increase from 2007 to 2016: the ...
