Mexico - Perfumes And Toilet Waters - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Mexico - Perfumes And Toilet Waters - Market Analysis, Forecast, Size, Trends and Insights

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Perfume Price in Mexico - 2023

Contents:

  1. Perfume Price in Mexico (CIF) - 2022
  2. Perfume Price in Mexico (FOB) - 2022
  3. Perfume Imports in Mexico
  4. Perfume Exports in Mexico

Perfume Price in Mexico (CIF) - 2022

In 2022, the average perfume import price amounted to $43,877 per ton, increasing by 13% against the previous year. In general, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, perfume import price decreased by -19.6% against 2016 indices. The pace of growth appeared the most rapid in 2015 when the average import price increased by 47%. The import price peaked at $54,547 per ton in 2016; however, from 2017 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 the UK ($157,983 per ton), while the price for China ($21,045 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Perfume Price in Mexico (FOB) - 2022

In 2022, the average perfume export price amounted to $18,265 per ton, declining by -37.2% against the previous year. Over the period under review, the export price continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2016 when the average export price increased by 40%. The export price peaked at $45,896 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($35,251 per ton), while the average price for exports to the United States ($13,727 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 Guatemala (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.

Perfume Imports in Mexico

In 2022, perfume imports into Mexico rose remarkably to 6.9K tons, picking up by 6.4% against the previous year. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +6.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +95.1% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 83% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, perfume imports surged to $305M in 2022. Overall, total imports indicated perceptible growth from 2019 to 2022: its value increased at an average annual rate of +4.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 48% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Perfume in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France86.152.588.01129.2%
Spain53.731.049.965.87.0%
United States56.032.947.253.0-1.8%
Italy21.619.328.331.613.5%
Colombia14.715.916.816.33.5%
Brazil3.22.82.44.713.7%
Germany13.15.44.93.4-36.2%
China4.11.62.33.1-8.9%
Others18.510.113.914.7-7.4%
Total2711722543054.0%

Top Suppliers of Perfume to Mexico in 2022:

  1. France (2813.5 tons)
  2. United States (1770.8 tons)
  3. Spain (1010.7 tons)
  4. Colombia (431.5 tons)
  5. Italy (309.2 tons)
  6. China (147.0 tons)
  7. Brazil (139.5 tons)
  8. Germany (40.5 tons)

Perfume Exports in Mexico

In 2022, exports of perfumes and toilet waters from Mexico soared to 4.8K tons, rising by 31% compared with the previous year. Overall, exports enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 64% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, perfume exports reduced notably to $88M in 2022. In general, exports, however, continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year.

Export of Perfume in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States68.751.565.549.4-10.4%
Guatemala32.220.022.820.5-14.0%
El Salvador8.97.29.49.00.4%
Nicaragua3.93.93.25.08.6%
Costa Rica3.22.92.62.7-5.5%
Others8.67.03.21.4-45.4%
Total12592.510788.0-11.0%

Top Export Markets for Perfume from Mexico in 2022:

  1. United States (3597.9 tons)
  2. Guatemala (582.2 tons)
  3. El Salvador (268.0 tons)
  4. Costa Rica (182.3 tons)
  5. Nicaragua (144.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the perfume market in Mexico. 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 20421150 - Perfumes
  • Prodcom 20421170 - Toilet waters

Country coverage:

  • Mexico

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Mexico
  • 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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Event
World's Best Import Markets for Perfume
Feb 19, 2024
Eye 194

Explore the top import markets for perfume around the world and get insights into the industry with key statistics and numbers.

Which Country Imports the Most Perfumery, Cosmetic and Toilet Preparations in the World?
Jul 26, 2018
Eye 987

In value terms, perfumery, cosmetic and toilet preparations imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the tr...

Which Country Exports the Most Perfumery, Cosmetic and Toilet Preparations in the World?
Jul 26, 2018
Eye 1089

In value terms, perfumery, cosmetic and toilet preparations exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indic...

Which Country Imports the Most Perfumes and Toilet Waters in the World?
May 28, 2018
Eye 2340

In 2016, the global imports of perfume totaled X tons, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the period fr...

Which Country Exports the Most Perfumes and Toilet Waters in the World?
May 28, 2018
Eye 1868

In 2016, the global imports of perfume totaled X tons, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the period fr...

World's Best Import Markets for Perfume
Feb 19, 2024
Eye 194

Explore the top import markets for perfume around the world and get insights into the industry with key statistics and numbers.

Which Country Imports the Most Perfumery, Cosmetic and Toilet Preparations in the World?
Jul 26, 2018
Eye 987

In value terms, perfumery, cosmetic and toilet preparations imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the tr...

Which Country Exports the Most Perfumery, Cosmetic and Toilet Preparations in the World?
Jul 26, 2018
Eye 1089

In value terms, perfumery, cosmetic and toilet preparations exports totaled $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indic...

Which Country Imports the Most Perfumes and Toilet Waters in the World?
May 28, 2018
Eye 2340

In 2016, the global imports of perfume totaled X tons, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the period fr...

Which Country Exports the Most Perfumes and Toilet Waters in the World?
May 28, 2018
Eye 1868

In 2016, the global imports of perfume totaled X tons, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the period fr...

Free Data: Perfumes And Toilet Waters - Mexico