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

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

The CIS market for beauty, make-up and skin care preparations expanded modestly to $X in 2022, increasing by X% against the previous year. The total consumption indicated a resilient expansion 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, consumption decreased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Beauty, Make-Up And Skin Care Preparations in CIS

In value terms, production of beauty, make-up and skin care preparations expanded markedly to $X in 2022 estimated in export price. The total production indicated a temperate increase 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production of growth failed to regain momentum.

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Exports of Beauty, Make-Up And Skin Care Preparations

Exports in CIS

In 2022, overseas shipments of beauty, make-up and skin care preparations decreased by X% to X tons for the first time since 2014, thus ending a seven-year rising trend. Over the period under review, exports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports of reached the maximum at X tons in 2021, and then dropped sharply in the following year.

In value terms, exports of beauty, make-up and skin care preparations dropped rapidly to $X in 2022. Overall, exports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports of hit record highs at $X in 2021, and then declined significantly in the following year.

Exports by Country

Russia was the major exporter of beauty, make-up and skin care preparations in the CIS, with the volume of exports amounting to X tons, which was near X% of total exports in 2022. It was distantly followed by Belarus (X tons), making up a X% share of total exports. The following exporters - Armenia (X tons), Kyrgyzstan (X tons) and Kazakhstan (X tons) - together made up X% of total exports.

Exports from Russia increased at an average annual rate of X% from 2012 to 2022. At the same time, Armenia (X%), Kyrgyzstan (X%), Kazakhstan (X%) and Belarus (X%) displayed positive paces of growth. Moreover, Armenia emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Armenia and Kyrgyzstan increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest beauty, make-up and skin care preparations supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Belarus ($X), with an X% share of total exports. It was followed by Kazakhstan, with a X% share.

In Russia, exports of beauty, make-up and skin care preparations expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Belarus (X% per year) and Kazakhstan (X% per year).

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, falling by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton, and then dropped in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Beauty, Make-Up And Skin Care Preparations

Imports in CIS

In 2022, the amount of beauty, make-up and skin care preparations imported in the CIS dropped notably to X tons, which is down by X% on 2021. Total imports indicated a perceptible expansion 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. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports of reached the peak figure at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, imports of beauty, make-up and skin care preparations dropped dramatically to $X in 2022. Overall, imports, however, saw a measured increase. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports of attained the maximum at $X in 2021, and then declined sharply in the following year.

Imports by Country

In 2022, Russia (X tons) was the key importer of beauty, make-up and skin care preparations, making up X% of total imports. It was distantly followed by Kazakhstan (X tons), Kyrgyzstan (X tons) and Belarus (X tons), together generating a X% share of total imports. Uzbekistan (X tons) and Azerbaijan (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to beauty, make-up and skin care preparations imports into Russia stood at X%. At the same time, Uzbekistan (X%), Kyrgyzstan (X%), Belarus (X%), Kazakhstan (X%) and Azerbaijan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. While the share of Kyrgyzstan (X p.p.), Uzbekistan (X p.p.) and Kazakhstan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Russia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported beauty, make-up and skin care preparations in the CIS, comprising X% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a X% share of total imports. It was followed by Belarus, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Russia stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (X% per year) and Belarus (X% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, dropping by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2021, and then dropped in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Azerbaijan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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