Brazil: Perfume Market 2024

Perfume Market Size in Brazil

The Brazilian perfume market expanded markedly to $X in 2022, growing by X% against the previous year. Overall, consumption, however, saw a deep reduction. Perfume consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Perfume Production in Brazil

In value terms, perfume production fell modestly to $X in 2022 estimated in export price. Overall, production, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Perfume Exports

Exports from Brazil

In 2022, shipments abroad of perfumes and toilet waters increased by X% to X tons, rising for the fourth year in a row after two years of decline. Over the period under review, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, perfume exports skyrocketed to $X in 2022. Overall, exports recorded a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Chile (X tons), Argentina (X tons) and Colombia (X tons) were the main destinations of perfume exports from Brazil, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Colombia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), Colombia ($X) and Argentina ($X) appeared to be the largest markets for perfume exported from Brazil worldwide, together accounting for X% of total exports. Portugal, Mexico, Peru and Bolivia lagged somewhat behind, together comprising a further X%.

Bolivia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average perfume export price stood at $X per ton in 2022, rising by X% against the previous year. In general, the export price, however, saw a pronounced contraction. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($X per ton), while the average price for exports to Chile ($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 Bolivia (X%), while the prices for the other major destinations experienced a decline.

Perfume Imports

Imports into Brazil

In 2022, purchases abroad of perfumes and toilet waters increased by X% to X tons, rising for the second year in a row after two years of decline. In general, total imports indicated slight growth from 2012 to 2022: its volume 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 appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, perfume imports surged to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

France (X tons), Spain (X tons) and Poland (X tons) were the main suppliers of perfume imports to Brazil, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Spain ($X) and India ($X) constituted the largest perfume suppliers to Brazil, together comprising X% of total imports. The United States, Italy, Poland, the United Arab Emirates, Germany and Morocco lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average perfume import price amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the import price, however, showed a slight downturn. The growth pace was the most rapid in 2021 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 the United States ($X per ton), while the price for the United Arab Emirates ($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 more modest paces of growth.

Source: IndexBox Platform

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