Philippines - Lip Make-Up Preparations - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Philippines - Lip Make-Up Preparations - Market Analysis, Forecast, Size, Trends And Insights

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Lip Make-Up Preparations Price in the Philippines - 2023

Contents:

  1. Lip Make-Up Preparations Price in the Philippines (CIF) - 2022
  2. Lip Make-Up Preparations Price in the Philippines (FOB) - 2022
  3. Lip Make-Up Preparations Imports in the Philippines
  4. Lip Make-Up Preparations Exports in the Philippines

Lip Make-Up Preparations Price in the Philippines (CIF) - 2022

In 2022, the average lip make-up preparations import price amounted to $31,760 per ton, increasing by 13% against the previous year. Overall, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lip make-up preparations import price increased by +77.0% against 2017 indices. The growth pace was the most rapid in 2021 when the average import price increased by 40% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($240,672 per ton), while the price for Germany ($5,530 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+38.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Lip Make-Up Preparations Price in the Philippines (FOB) - 2022

The average lip make-up preparations export price stood at $19,486 per ton in 2022, increasing by 106% against the previous year. Over the period under review, the export price recorded a strong increase. The growth pace was the most rapid in 2019 when the average export price increased by 110% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

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 Japan ($41,957 per ton), while the average price for exports to Hong Kong SAR ($2,131 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 Australia (+27.1%), while the prices for the other major destinations experienced more modest paces of growth.

Lip Make-Up Preparations Imports in the Philippines

In 2022, supplies from abroad of lip make-up preparations was finally on the rise to reach 468 tons after two years of decline. Over the period under review, imports, however, faced a dramatic curtailment.

In value terms, lip make-up preparations imports surged to $15M in 2022. In general, imports, however, showed a abrupt curtailment.

Import of Lip Make-Up Preparations in the Philippines (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12.33.52.26.9-17.5%
SwitzerlandN/AN/A0.52.6420.0%
Singapore1.20.30.91.610.1%
South Korea1.00.70.80.9-3.5%
France0.40.20.40.826.0%
United States1.10.60.50.8-10.1%
Thailand0.40.30.20.3-9.1%
Taiwan (Chinese)0.50.20.10.2-26.3%
Germany0.20.20.10.1-20.6%
Hong Kong SAR0.70.60.10.1-47.7%
Others1.00.90.40.6-15.7%
Total18.87.76.214.9-7.5%

Top Suppliers of Lip Make-Up Preparations to the Philippines in 2022:

  1. China (317.7 tons)
  2. South Korea (29.2 tons)
  3. Thailand (25.4 tons)
  4. United States (24.0 tons)
  5. Germany (12.7 tons)
  6. France (11.2 tons)
  7. Switzerland (10.7 tons)
  8. Singapore (9.3 tons)
  9. Taiwan (Chinese) (5.8 tons)
  10. Hong Kong SAR (4.0 tons)

Lip Make-Up Preparations Exports in the Philippines

In 2022, shipments abroad of lip make-up preparations decreased by -9.9% to 44 tons, falling for the second year in a row after two years of growth. Overall, exports recorded a dramatic descent. The pace of growth appeared the most rapid in 2020 when exports increased by 28% against the previous year. As a result, the exports reached the peak of 264 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, lip make-up preparations exports soared to $852K in 2022. Over the period under review, exports saw a precipitous setback.

Export of Lip Make-Up Preparations in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan1,6051,016185335-40.7%
KuwaitN/AN/AN/A2730%
United States27.60.60.994.650.8%
Malaysia14016815728.5-41.2%
South Africa19448.230.820.9-52.4%
India89.315.821.120.8-38.5%
Hong Kong SAR93.843313.512.7-48.7%
United Arab Emirates15.30.124.77.5-21.2%
Taiwan (Chinese)1664.42.1N/A-88.8%
Others22.157.224.759.939.4%
Total2,3531,743459852-28.7%

Top Export Markets for Lip Make-Up Preparations from the Philippines in 2022:

  1. Kuwait (9.0 tons)
  2. Japan (8.0 tons)
  3. Hong Kong SAR (6.0 tons)
  4. United States (5.6 tons)
  5. South Africa (4.8 tons)
  6. Malaysia (3.7 tons)
  7. India (3.0 tons)
  8. United Arab Emirates (2.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the lip make-up preparations market in the Philippines. 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

Country coverage:

  • Philippines

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the Philippines
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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