Angola: Market for Beauty, Make-Up And Skin Care Preparations 2024

Market Size for Beauty, Make-Up And Skin Care Preparations in Angola

In 2022, the Angolan market for beauty, make-up and skin care preparations increased by X% to $X, rising for the second year in a row after three years of decline. Over the period under review, consumption, however, recorded a deep slump. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Exports of Beauty, Make-Up And Skin Care Preparations

Exports from Angola

In 2022, overseas shipments of beauty, make-up and skin care preparations decreased by X% to X tons, falling for the third consecutive year after two years of growth. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of beauty, make-up and skin care preparations contracted dramatically to $X in 2022. Over the period under review, exports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Brazil (X tons) was the main destination for exports of beauty, make-up and skin care preparations from Angola, accounting for a X% share of total exports. Moreover, exports of beauty, make-up and skin care preparations to Brazil exceeded the volume sent to the second major destination, Congo (X tons), eightfold. The third position in this ranking was held by Germany (X kg), with a X% share.

From 2015 to 2022, the average annual growth rate of volume to Brazil totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Congo (X% per year) and Germany (X% per year).

In value terms, Brazil ($X) emerged as the key foreign market for beauty, make-up and skin care preparations exports from Angola, comprising X% of total exports. The second position in the ranking was taken by Congo ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2015 to 2022, the average annual rate of growth in terms of value to Brazil stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Congo (X% per year) and Germany (X% per year).

Export Prices by Country

The average export price for beauty, make-up and skin care preparations stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the export price, however, faced a deep contraction. The pace of growth appeared the most rapid in 2017 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while the average price for exports to Democratic Republic of the Congo ($X per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Imports of Beauty, Make-Up And Skin Care Preparations

Imports into Angola

In 2022, overseas purchases of beauty, make-up and skin care preparations increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, imports, however, continue to indicate a perceptible decline. The growth pace was the most rapid in 2014 with an increase of X%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of beauty, make-up and skin care preparations soared to $X in 2022. Over the period under review, imports, however, continue to indicate a abrupt decrease. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

In 2022, Cote d'Ivoire (X tons) constituted the largest supplier of beauty, make-up and skin care preparations to Angola, with a X% share of total imports. Moreover, imports of beauty, make-up and skin care preparations from Cote d'Ivoire exceeded the figures recorded by the second-largest supplier, South Africa (X tons), twofold. The third position in this ranking was taken by Democratic Republic of the Congo (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Cote d'Ivoire stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (X% per year) and Democratic Republic of the Congo (X% per year).

In value terms, Portugal ($X) constituted the largest supplier of beauty, make-up and skin care preparations to Angola, comprising X% of total imports. The second position in the ranking was held by Cote d'Ivoire ($X), with a X% share of total imports. It was followed by South Africa, with an X% share.

From 2012 to 2022, the average annual growth rate of value from Portugal stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Cote d'Ivoire (X% per year) and South Africa (X% per year).

Import Prices by Country

The average import price for beauty, make-up and skin care preparations stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, the import price, however, saw a noticeable reduction. The growth pace was the most rapid in 2018 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Portugal ($X per ton), while the price for Tanzania ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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