Belarus: Eye Make-Up Preparations Market 2024

Eye Make-Up Preparations Market Size in Belarus

The Belarusian eye make-up preparations market was finally on the rise to reach $X in 2022, after two years of decline. Over the period under review, consumption, however, recorded a perceptible shrinkage. Eye make-up preparations consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Eye Make-Up Preparations Production in Belarus

In value terms, eye make-up preparations production reduced to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Eye Make-Up Preparations Exports

Exports from Belarus

In 2022, overseas shipments of eye make-up preparations decreased by X% to X tons for the first time since 2015, thus ending a six-year rising trend. Overall, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2021, and then contracted in the following year.

In value terms, eye make-up preparations exports reached $X in 2022. Over the period under review, exports, however, continue to indicate strong growth. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

Russia (X tons) was the main destination for eye make-up preparations exports from Belarus, accounting for a X% share of total exports. Moreover, eye make-up preparations exports to Russia exceeded the volume sent to the second major destination, Ukraine (X tons), ninefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (X% per year) and Kazakhstan (X% per year).

In value terms, Russia ($X) remains the key foreign market for eye make-up preparations exports from Belarus, comprising X% of total exports. The second position in the ranking was taken by Ukraine ($X), with an X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (X% per year) and Kazakhstan (X% per year).

Export Prices by Country

The average eye make-up preparations export price 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, showed a drastic downturn. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Russia ($X 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 Ukraine (X%), while the prices for the other major destinations experienced a decline.

Eye Make-Up Preparations Imports

Imports into Belarus

Eye make-up preparations imports into Belarus surged to X tons in 2022, with an increase of X% compared with the year before. In general, imports recorded a remarkable increase. The pace of growth was the most pronounced in 2013 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, eye make-up preparations imports soared to $X in 2022. Overall, total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 when imports increased by X%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Italy (X tons) and Russia (X tons) were the main suppliers of eye make-up preparations imports to Belarus, with a combined X% share of total imports. Poland, Germany and the Czech Republic lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constituted the largest supplier of eye make-up preparations to Belarus, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Russia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Germany (X% per year).

Import Prices by Country

The average eye make-up preparations import price stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the import price showed a abrupt decrease. The growth pace was the most rapid in 2018 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform