Austria: Lip Make-Up Preparations Market 2024

Lip Make-Up Preparations Market Size in Austria

The Austrian lip make-up preparations market dropped to $X in 2022, waning by -5.4% 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, the total consumption indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -37.8% against 2018 indices. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Lip Make-Up Preparations Exports

Exports from Austria

In 2022, shipments abroad of lip make-up preparations was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a deep contraction. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, lip make-up preparations exports skyrocketed to $X in 2022. Over the period under review, exports, however, saw a perceptible setback. The most prominent rate of growth was recorded in 2018 when exports increased by 64%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons), Italy (X tons) and Slovakia (X tons) were the main destinations of lip make-up preparations exports from Austria, with a combined 38% share of total exports. The Czech Republic, Hungary, Bosnia and Herzegovina, Croatia, Serbia, France, Hong Kong SAR, the Netherlands and Slovenia lagged somewhat behind, together accounting for a further 49%.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +81.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for lip make-up preparations exports from Austria, comprising 35% of total exports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 12% share of total exports. It was followed by the Czech Republic, with a 6.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+96.2% per year) and the Czech Republic (-8.4% per year).

Export Prices by Country

In 2022, the average lip make-up preparations export price amounted to $X per ton, waning by -18.9% against the previous year. In general, the export price, however, saw a remarkable increase. The growth pace was the most rapid in 2014 an increase of 40% against the previous year. The export price peaked at $X per ton in 2021, and then contracted remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to the Netherlands ($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 Iran (+20.3%), while the prices for the other major destinations experienced more modest paces of growth.

Lip Make-Up Preparations Imports

Imports into Austria

In 2022, supplies from abroad of lip make-up preparations increased by 9.8% to X tons, rising for the second consecutive year after two years of decline. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by 29% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, lip make-up preparations imports fell slightly to $X in 2022. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when imports increased by 27% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest lip make-up preparations supplier to Austria, accounting for a 69% share of total imports. Moreover, lip make-up preparations imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X tons), ninefold. France (X tons) ranked third in terms of total imports with a 6.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to +1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+89.4% per year) and France (-7.9% per year).

In value terms, Germany ($X) constituted the largest supplier of lip make-up preparations to Austria, comprising 65% of total imports. The second position in the ranking was taken by France ($X), with an 8.5% share of total imports. It was followed by Poland, with a 7.2% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at +2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-7.3% per year) and Poland (+91.0% per year).

Import Prices by Country

In 2022, the average lip make-up preparations import price amounted to $X per ton, with a decrease of -13.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 21%. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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