Report Update: May 1, 2024

Ethiopia - Beauty, Make-Up And Skin Care Preparations - Market Analysis, Forecast, Size, Trends And Insights

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Price for Beauty, Make-Up and Skin Care Preparations in Ethiopia - 2022

Price for Beauty, Make-Up and Skin Care Preparations in Ethiopia (CIF) - 2022

The average import price for beauty, make-up and skin care preparations stood at $2,390 per ton in 2022, waning by -45.5% against the previous year. Over the period under review, the import price saw a abrupt curtailment. The growth pace was the most rapid in 2018 an increase of 37% against the previous year. The import price peaked at $5,521 per ton in 2013; however, from 2014 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 Kenya ($4,135 per ton), while the price for Indonesia ($879 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+1.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Beauty, Make-Up and Skin Care Preparations in Ethiopia (FOB) - 2022

The average export price for beauty, make-up and skin care preparations stood at $1,084 per ton in 2022, falling by -71.8% against the previous year. In general, the export price continues to indicate a significant decline. The growth pace was the most rapid in 2017 when the average export price increased by 26% against the previous year. Over the period under review, the average export prices attained the peak figure at $12,032 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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 Germany ($2,798 per ton), while the average price for exports to Djibouti ($464 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 Kenya (-7.1%), while the prices for the other major destinations experienced a decline.

Imports of Beauty, Make-Up and Skin Care Preparations in Ethiopia

In 2022, approx. 2.2K tons of beauty, make-up and skin care preparations were imported into Ethiopia; increasing by 102% compared with 2021 figures. In general, imports enjoyed resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of beauty, make-up and skin care preparations rose markedly to $5.4M in 2022. Over the period under review, imports, however, saw a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 12% against the previous year.

Import of Beauty, Make-Up and Skin Care Preparations in Ethiopia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
South Africa	367	196	224	1,105	44.4%
China	113	40.8	102	711	84.6%
United Arab Emirates	3,230	3,330	3,100	705	-39.8%
Germany	41.8	34.6	284	689	154.5%
India	268	152	155	290	2.7%
Kenya	244	79.8	195	245	0.1%
Cote d'Ivoire	N/A	21.2	N/A	237	234.4%
Indonesia	N/A	N/A	N/A	185	0%
Others	2,052	502	808	1,185	-16.7%
Total	6,315	4,356	4,868	5,354	-5.4%

Top Suppliers of Beauty, Make-Up and Skin Care Preparations to Ethiopia in 2022:

South Africa (546.2 tons)
China (467.4 tons)
United Arab Emirates (304.6 tons)
Indonesia (210.7 tons)
Germany (190.1 tons)
India (145.1 tons)
Cote d'Ivoire (133.5 tons)
Kenya (59.2 tons)

Exports of Beauty, Make-Up and Skin Care Preparations in Ethiopia

For the fourth year in a row, Ethiopia recorded growth in overseas shipments of beauty, make-up and skin care preparations, which increased by 199% to 14 tons in 2022. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of beauty, make-up and skin care preparations contracted sharply to $15K in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 34%.

Export of Beauty, Make-Up and Skin Care Preparations in Ethiopia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Djibouti	N/A	N/A	N/A	5.5	0%
Germany	N/A	0.2	N/A	1.1	134.5%
Kenya	N/A	N/A	N/A	0.7	0%
United States	4.8	3.0	N/A	0.4	-56.3%
Cote d'Ivoire	3.1	0.9	12.8	N/A	103.2%
Norway	N/A	N/A	1.7	N/A	0%
Indonesia	N/A	0.1	N/A	N/A	0%
Others	2.1	9.2	3.5	7.3	51.5%
Total	9.9	13.4	17.9	15.1	15.1%

Top Export Markets for Beauty, Make-Up and Skin Care Preparations from Ethiopia in 2022:

Djibouti (11.9 tons)
Germany (0.4 tons)
Kenya (0.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for beauty, make-up and skin care preparations in Ethiopia. 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 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:

Ethiopia

Data coverage:

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