Mexico: Eye Make-Up Preparations Market 2024

Eye Make-Up Preparations Market Size in Mexico

In 2022, the Mexican eye make-up preparations market decreased by X% to $X, falling for the third consecutive year after three years of growth. In general, the total consumption 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, consumption decreased by X% against 2019 indices. Eye make-up preparations consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Eye Make-Up Preparations Production in Mexico

In value terms, eye make-up preparations production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production, however, posted a significant expansion. The growth pace was the most rapid in 2013 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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Eye Make-Up Preparations Exports

Exports from Mexico

In 2022, approx. X tons of eye make-up preparations were exported from Mexico; jumping by X% compared with the previous year. Overall, exports enjoyed prominent growth. 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 the immediate term.

In value terms, eye make-up preparations exports skyrocketed to $X in 2022. Over the period under review, exports recorded resilient growth. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

The United States (X tons) was the main destination for eye make-up preparations exports from Mexico, accounting for a X% share of total exports. It was followed by Guatemala (X tons), with a X% share of total exports. El Salvador (X tons) ranked third in terms of total exports with a X% share.

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

In value terms, the United States ($X) remains the key foreign market for eye make-up preparations exports from Mexico, comprising X% of total exports. The second position in the ranking was taken by Guatemala ($X), with a X% share of total exports. It was followed by El Salvador, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (X% per year) and El Salvador (X% per year).

Export Prices by Country

The average eye make-up preparations export price stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the export price, however, enjoyed a mild increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. The export price peaked at $X per ton in 2018; however, from 2019 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 Colombia ($X per ton), while the average price for exports to Honduras ($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 Colombia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Eye Make-Up Preparations Imports

Imports into Mexico

In 2022, approx. X tons of eye make-up preparations were imported into Mexico; with a decrease of X% compared with the previous year. In general, imports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, eye make-up preparations imports rose markedly to $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 throughout the analyzed period. The growth pace was the most rapid in 2017 when imports increased by X%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports failed to regain momentum.

Imports by Country

The United States (X tons), China (X tons) and Germany (X tons) were the main suppliers of eye make-up preparations imports to Mexico, with a combined X% share of total imports. Colombia, Italy, Brazil, Japan, France and Canada lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest eye make-up preparations suppliers to Mexico were the United States ($X), China ($X) and Germany ($X), with a combined X% share of total imports. Colombia, Italy, France, Brazil, Canada and Japan lagged somewhat behind, together comprising a further X%.

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

Import Prices by Country

The average eye make-up preparations import price stood at $X per ton in 2022, rising by X% against the previous year. In general, the import price saw a prominent expansion. The growth pace was the most rapid in 2014 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform