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

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

The MENA's market for beauty, make-up and skin care preparations rose rapidly to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption, however, posted a strong increase. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

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

In value terms, production of beauty, make-up and skin care preparations skyrocketed to $X in 2022 estimated in export price. Over the period under review, production posted resilient growth. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production of growth remained at a lower figure.

Exports of Beauty, Make-Up And Skin Care Preparations

Exports in MENA

In 2022, overseas shipments of beauty, make-up and skin care preparations increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, exports showed a prominent increase. 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 skyrocketed to $X in 2022. Overall, exports saw a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United Arab Emirates prevails in preparations structure, recording X tons, which was approx. X% of total exports in 2022. It was distantly followed by Turkey (X tons) and Israel (X tons), together committing a X% share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the beauty, make-up and skin care preparations exports, with a CAGR of X% from 2012 to 2022. At the same time, Turkey (X%) displayed positive paces of growth. Israel experienced a relatively flat trend pattern. While the share of the United Arab Emirates (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Turkey (X p.p.) and Israel (X p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) emerged as the largest beauty, make-up and skin care preparations supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by Israel ($X), with a X% share of total exports.

In the United Arab Emirates, 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: Israel (X% per year) and Turkey (X% per year).

Export Prices by Country

In 2022, the export price in MENA amounted to $X per ton, declining by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the export price increased by X%. Over the period under review, the export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

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 Israel ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

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

Imports of Beauty, Make-Up And Skin Care Preparations

Imports in MENA

In 2022, purchases abroad of beauty, make-up and skin care preparations increased by X% to X tons, rising for the second year in a row after two years of decline. Total imports indicated a buoyant increase 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 2016 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is likely to see steady growth in the near future.

In value terms, imports of beauty, make-up and skin care preparations surged to $X in 2022. Total imports indicated a remarkable 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, imports increased by X% against 2020 indices. 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 hit record highs in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, the United Arab Emirates (X tons) represented the major importer of beauty, make-up and skin care preparations, mixing up X% of total imports. Saudi Arabia (X tons) held the second position in the ranking, distantly followed by Kuwait (X tons), Turkey (X tons) and Iraq (X tons). All these countries together took near X% share of total imports. Algeria (X tons), Morocco (X tons), Oman (X tons), Yemen (X tons), Israel (X tons) and Libya (X tons) followed a long way behind the leaders.

Imports into the United Arab Emirates increased at an average annual rate of X% from 2012 to 2022. At the same time, Kuwait (X%), Iraq (X%), Yemen (X%), Algeria (X%), Oman (X%), Morocco (X%), Turkey (X%), Saudi Arabia (X%) and Israel (X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. By contrast, Libya (X%) illustrated a downward trend over the same period. Kuwait (X p.p.), the United Arab Emirates (X p.p.) and Iraq (X p.p.) significantly strengthened its position in terms of the total imports, while Libya and Saudi Arabia saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X), Kuwait ($X) and Saudi Arabia ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Turkey, Israel, Iraq, Morocco, Algeria, Oman, Libya and Yemen lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Iraq, with a CAGR of X%, recorded the highest growth rate of 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

The import price in MENA stood at $X per ton in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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 Kuwait ($X per ton), while Yemen ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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