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

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

The Pakistani market for beauty, make-up and skin care preparations fell rapidly to $X in 2022, with a decrease of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a slight descent. Consumption of peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Exports of Beauty, Make-Up And Skin Care Preparations

Exports from Pakistan

In 2022, exports of beauty, make-up and skin care preparations from Pakistan soared to X tons, rising by X% on 2021. Overall, exports saw a strong expansion. As a result, the exports reached 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. In general, exports continue to indicate resilient growth. The pace of growth was the most pronounced in 2013 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

The United Arab Emirates (X tons) was the main destination for exports of beauty, make-up and skin care preparations from Pakistan, with a X% share of total exports. It was followed by Afghanistan (X tons), with a X% share of total exports. The third position in this ranking was held by Mauritania (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Afghanistan (X% per year) and Mauritania (X% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for beauty, make-up and skin care preparations exports from Pakistan, comprising X% of total exports. The second position in the ranking was held by Iraq ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United Arab Emirates totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iraq (X% per year) and Malaysia (X% per year).

Export Prices by Country

The average export price for beauty, make-up and skin care preparations stood at $X per ton in 2022, falling by X% against the previous year. In general, the export price showed a perceptible descent. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then fell dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iraq ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Imports of Beauty, Make-Up And Skin Care Preparations

Imports into Pakistan

In 2022, imports of beauty, make-up and skin care preparations into Pakistan contracted markedly to X tons, falling by X% on 2021 figures. Overall, imports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports of hit record highs at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, imports of beauty, make-up and skin care preparations reduced markedly to $X in 2022. In general, imports, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports of reached the peak figure at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of beauty, make-up and skin care preparations to Pakistan, accounting for a X% share of total imports. Moreover, imports of beauty, make-up and skin care preparations from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), threefold. Indonesia (X tons) ranked third in terms of total imports with an X% share.

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

In value terms, the largest beauty, make-up and skin care preparations suppliers to Pakistan were China ($X), the United Arab Emirates ($X) and Indonesia ($X), with a combined X% share of total imports.

In terms of the main suppliers, China, with a CAGR of X%, saw 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 average import price for beauty, make-up and skin care preparations stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the import price saw a pronounced contraction. The most prominent rate of growth was recorded in 2019 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 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 UK ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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