Argentina: Eye Make-Up Preparations Market 2024

Eye Make-Up Preparations Market Size in Argentina

The Argentinian eye make-up preparations market was estimated at $X in 2022, with an increase of 2.8% against the previous year. Over the period under review, the total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +1.0% against 2019 indices. Eye make-up preparations consumption peaked in 2022 and is likely to continue growth in years to come.

Eye Make-Up Preparations Production in Argentina

In value terms, eye make-up preparations production reduced modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.8% 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 2013 when the production volume increased by 39% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Eye Make-Up Preparations Exports

Exports from Argentina

In 2022, after five years of decline, there was significant growth in shipments abroad of eye make-up preparations, when their volume increased by 157% to X tons. In general, exports, however, recorded a abrupt decrease. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, eye make-up preparations exports soared to $X in 2022. Over the period under review, exports, however, saw a abrupt shrinkage. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Brazil (X tons), Chile (X tons) and Mexico (X tons) were the main destinations of eye make-up preparations exports from Argentina, with a combined 82% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of -1.3%), while shipments for the other leaders experienced a decline.

In value terms, Brazil ($X), Mexico ($X) and Chile ($X) constituted the largest markets for eye make-up preparations exported from Argentina worldwide, together comprising 81% of total exports. Peru and Uruguay lagged somewhat behind, together accounting for a further 19%.

Peru, with a CAGR of -0.5%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average eye make-up preparations export price amounted to $X per ton, with an increase of 19% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.8%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($X per ton), while the average price for exports to Uruguay ($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 Bolivia (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.

Eye Make-Up Preparations Imports

Imports into Argentina

In 2022, supplies from abroad of eye make-up preparations increased by 44% to X tons, rising for the second year in a row after two years of decline. In general, imports recorded measured growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, eye make-up preparations imports surged to $X in 2022. Overall, total imports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.3% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of 37% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, China (X tons) constituted the largest eye make-up preparations supplier to Argentina, accounting for a 61% share of total imports. Moreover, eye make-up preparations imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), sevenfold. Italy (X tons) ranked third in terms of total imports with a 6.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+2.9% per year) and Italy (-3.5% per year).

In value terms, China ($X), the United States ($X) and Brazil ($X) constituted the largest eye make-up preparations suppliers to Argentina, with a combined 65% share of total imports. Italy, the UK, France and Colombia lagged somewhat behind, together comprising a further 24%.

In terms of the main suppliers, the UK, with a CAGR of +18.8%, saw 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 average eye make-up preparations import price amounted to $X per ton, reducing by -7.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The pace of growth was the most pronounced in 2013 an increase of 33%. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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