MERCOSUR: Cosmetics Market 2024

Cosmetics Market Size in MERCOSUR

The MERCOSUR cosmetics market reduced slightly to $X in 2022, flattening at the previous year. Overall, consumption saw a mild decrease. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Cosmetics Production in MERCOSUR

In value terms, cosmetics production contracted to $X in 2022 estimated in export price. Overall, production recorded a perceptible decrease. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Cosmetics Exports

Exports in MERCOSUR

In 2022, the amount of cosmetics exported in MERCOSUR shrank to X tons, with a decrease of X% on the previous year's figure. In general, exports saw a perceptible slump. The growth pace was the most rapid in 2021 when exports increased by X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, cosmetics exports stood at $X in 2022. Overall, exports recorded a perceptible contraction. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Colombia represented the main exporter of cosmetics in MERCOSUR, with the volume of exports reaching X tons, which was near X% of total exports in 2022. It was distantly followed by Brazil (X tons) and Argentina (X tons), together making up a X% share of total exports. Peru (X tons) and Chile (X tons) took a little share of total exports.

Exports from Colombia increased at an average annual rate of X% from 2012 to 2022. At the same time, Brazil (X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, Argentina (X%), Peru (X%) and Chile (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Colombia and Brazil increased by X and X percentage points, respectively.

In value terms, the largest cosmetics supplying countries in MERCOSUR were Colombia ($X), Brazil ($X) and Argentina ($X), together accounting for X% of total exports.

In terms of the main exporting countries, Brazil, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, picking up by X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Brazil ($X per ton), while Colombia ($X per ton) was amongst the lowest.

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

Cosmetics Imports

Imports in MERCOSUR

In 2022, cosmetics imports in MERCOSUR contracted to X tons, shrinking by X% compared with the previous year's figure. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when imports increased by X%. The volume of import peaked at X tons in 2021, and then reduced slightly in the following year.

In value terms, cosmetics imports reached $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the near future.

Imports by Country

In 2022, Chile (X tons), distantly followed by Colombia (X tons), Argentina (X tons), Peru (X tons), Brazil (X tons) and Ecuador (X tons) represented the key importers of cosmetics, together achieving X% of total imports. Paraguay (X tons) held a little share of total imports.

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

In value terms, Chile ($X), Brazil ($X) and Colombia ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

In terms of the main importing countries, Chile, 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 import price in MERCOSUR amounted to $X per ton, jumping by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Brazil ($X per ton), while Argentina ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform