Mexico: Market for Manicure Or Pedicure Preparations 2024

Market Size for Manicure Or Pedicure Preparations in Mexico

The Mexican manicure or pedicure preparations market reduced slightly to $X in 2022, waning by X% against the previous year. Over the period under review, consumption showed a slight contraction. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Production of Manicure Or Pedicure Preparations in Mexico

In value terms, manicure or pedicure preparations production fell to $X in 2022 estimated in export price. Over the period under review, production showed a slight reduction. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

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Exports of Manicure Or Pedicure Preparations

Exports from Mexico

Manicure or pedicure preparations exports from Mexico totaled X tons in 2022, increasing by X% compared with 2021 figures. Over the period under review, total exports indicated a slight 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, manicure or pedicure preparations exports contracted slightly to $X in 2022. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for manicure or pedicure preparations exports from Mexico, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at X%.

In value terms, the United States ($X) also remains the key foreign market for manicure or pedicure preparations exports from Mexico.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States was relatively modest.

Export Prices by Country

The average manicure or pedicure preparations export price stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the export price recorded a mild decline. The pace of growth was the most pronounced in 2013 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Venezuela amounted to X% per year.

Imports of Manicure Or Pedicure Preparations

Imports into Mexico

In 2022, the amount of manicure or pedicure preparations imported into Mexico reduced modestly to X tons, remaining constant against 2021 figures. In general, imports, however, saw a modest expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2013; afterwards, it flattened through to 2022.

In value terms, manicure or pedicure preparations imports declined to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of manicure or pedicure preparations to Mexico, accounting for a X% share of total imports. Moreover, manicure or pedicure preparations imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and France (X% per year).

In value terms, the United States ($X) constituted the largest supplier of manicure or pedicure preparations to Mexico, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and France (X% per year).

Import Prices by Country

The average manicure or pedicure preparations import price stood at $X per ton in 2022, waning by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 ($X per ton), while the price for China ($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 mixed trend patterns.

Source: IndexBox Platform