Asia: Eye Make-Up Preparations Market 2024

Eye Make-Up Preparations Market Size in Asia

The Asian eye make-up preparations market was estimated at $X in 2022, leveling off at the previous year. In general, consumption, however, posted resilient growth. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Eye Make-Up Preparations Production in Asia

In value terms, eye make-up preparations production fell modestly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2018 when the production volume increased by 35% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Eye Make-Up Preparations Exports

Exports in Asia

In 2022, approx. X tons of eye make-up preparations were exported in Asia; falling by -12.6% on the previous year. In general, exports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2017 with an increase of 34% against the previous year. The volume of export peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, eye make-up preparations exports declined to $X in 2022. Overall, exports, however, posted a strong expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 25% against the previous year. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

China dominates exports structure, resulting at X tons, which was approx. 71% of total exports in 2022. It was distantly followed by South Korea (X tons), achieving a 6.7% share of total exports. Taiwan (Chinese) (X tons), Japan (X tons), Singapore (X tons), Turkey (X tons) and Hong Kong SAR (X tons) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +6.4% from 2012 to 2022. At the same time, South Korea (+14.5%), Turkey (+4.4%), Japan (+3.6%) and Hong Kong SAR (+3.3%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in Asia, with a CAGR of +14.5% from 2012-2022. Taiwan (Chinese) and Singapore experienced a relatively flat trend pattern. While the share of China (+5.6 p.p.) and South Korea (+3.7 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Taiwan (Chinese) (-2.9 p.p.) and Singapore (-3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest eye make-up preparations supplier in Asia, comprising 40% of total exports. The second position in the ranking was held by Japan ($X), with a 17% share of total exports. It was followed by South Korea, with a 16% share.

In China, eye make-up preparations exports expanded at an average annual rate of +9.6% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Japan (+5.8% per year) and South Korea (+21.4% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2022, remaining constant against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. The pace of growth was the most pronounced in 2015 when the export price increased by 12%. Over the period under review, the export prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.2%), while the other leaders experienced more modest paces of growth.

Eye Make-Up Preparations Imports

Imports in Asia

Eye make-up preparations imports fell slightly to X tons in 2022, stabilizing at 2021. Total imports indicated measured growth from 2012 to 2022: its volume increased at an average annual rate of +4.3% 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 +15.6% against 2020 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 21%. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, eye make-up preparations imports contracted to $X in 2022. Total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.8% 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 +5.4% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of 22%. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Japan (X tons), the United Arab Emirates (X tons), Indonesia (X tons), Kazakhstan (X tons), Turkey (X tons), India (X tons) and Hong Kong SAR (X tons) represented roughly 64% of total imports in 2022. Thailand (X tons), Singapore (X tons), Taiwan (Chinese) (X tons), China (X tons), Pakistan (X tons) and Malaysia (X tons) held a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Kazakhstan (with a CAGR of +17.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest eye make-up preparations importing markets in Asia were China ($X), Japan ($X) and Hong Kong SAR ($X), with a combined 46% share of total imports.

China, with a CAGR of +16.7%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia stood at $X per ton in 2022, reducing by -10.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2020 when the import price increased by 10%. The level of import peaked at $X per ton in 2021, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while Pakistan ($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 (+19.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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