Africa: Market for Manicure Or Pedicure Preparations 2024

Market Size for Manicure Or Pedicure Preparations in Africa

The African manicure or pedicure preparations market declined to $X in 2022, remaining constant against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Production of Manicure Or Pedicure Preparations in Africa

In value terms, manicure or pedicure preparations production declined slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the production volume increased by 5.9% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Manicure Or Pedicure Preparations

Exports in Africa

In 2022, the amount of manicure or pedicure preparations exported in Africa expanded notably to X tons, surging by 12% compared with the previous year. Overall, exports, however, saw a perceptible setback. The growth pace was the most rapid in 2020 with an increase of 39% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, manicure or pedicure preparations exports totaled $X in 2022. Over the period under review, exports, however, recorded a deep slump. The growth pace was the most rapid in 2020 with an increase of 11%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa was the major exporter of manicure or pedicure preparations in Africa, with the volume of exports recording X tons, which was approx. 83% of total exports in 2022. It was distantly followed by Cote d'Ivoire (X tons), constituting a 10% share of total exports. Egypt (X tons) held a minor share of total exports.

South Africa experienced a relatively flat trend pattern with regard to volume of exports of manicure or pedicure preparations. Cote d'Ivoire (-9.5%) and Egypt (-19.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Africa increased by +33 percentage points.

In value terms, South Africa ($X) remains the largest manicure or pedicure preparations supplier in Africa, comprising 81% of total exports. The second position in the ranking was taken by Egypt ($X), with a 10% share of total exports.

From 2012 to 2022, the average annual growth rate of value in South Africa stood at -8.3%. The remaining exporting countries recorded the following average annual rates of exports growth: Egypt (-7.8% per year) and Cote d'Ivoire (-14.2% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, waning by -9.3% against the previous year. In general, the export price showed a perceptible decrease. The growth pace was the most rapid in 2021 when the export price increased by 33% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Egypt ($X per ton), while Cote d'Ivoire ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+15.0%), while the other leaders experienced a decline in the export price figures.

Imports of Manicure Or Pedicure Preparations

Imports in Africa

Manicure or pedicure preparations imports dropped to X tons in 2022, shrinking by -7% compared with the previous year's figure. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 40%. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, manicure or pedicure preparations imports fell to $X in 2022. Over the period under review, imports recorded a noticeable shrinkage. The growth pace was the most rapid in 2021 when imports increased by 35%. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

South Africa represented the main importing country with an import of about X tons, which accounted for 48% of total imports. It was distantly followed by Morocco (X tons) and Algeria (X tons), together committing a 21% share of total imports. The following importers - Botswana (X tons), Nigeria (X tons), Egypt (X tons), Rwanda (X tons), Namibia (X tons) and Libya (X tons) - together made up 13% of total imports.

From 2012 to 2022, average annual rates of growth with regard to manicure or pedicure preparations imports into South Africa stood at +5.0%. At the same time, Rwanda (+14.9%), Nigeria (+14.2%), Morocco (+6.3%) and Algeria (+4.0%) displayed positive paces of growth. Moreover, Rwanda emerged as the fastest-growing importer imported in Africa, with a CAGR of +14.9% from 2012-2022. By contrast, Egypt (-3.9%), Libya (-5.4%), Namibia (-7.1%) and Botswana (-10.9%) illustrated a downward trend over the same period. While the share of South Africa (+21 p.p.), Morocco (+7.5 p.p.), Algeria (+2.2 p.p.), Nigeria (+1.9 p.p.) and Rwanda (+1.5 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Namibia (-1.6 p.p.) and Botswana (-6.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported manicure or pedicure preparations in Africa, comprising 39% of total imports. The second position in the ranking was taken by Morocco ($X), with an 18% share of total imports. It was followed by Egypt, with an 8.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa stood at -1.9%. In the other countries, the average annual rates were as follows: Morocco (+5.1% per year) and Egypt (+4.5% per year).

Import Prices by Country

The import price in Africa stood at $X per ton in 2022, which is down by -3.1% against the previous year. In general, the import price continues to indicate a noticeable decrease. The pace of growth appeared the most rapid in 2015 when the import price increased by 22%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Egypt ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+8.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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