Belarus: Eye Make-Up Preparations Market 2024

Eye Make-Up Preparations Market Size in Belarus

The Belarusian eye make-up preparations market was finally on the rise to reach $X in 2022, after two years of decline. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Eye make-up preparations consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Eye Make-Up Preparations Production in Belarus

In value terms, eye make-up preparations production reduced to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 61%. Eye make-up preparations production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Eye Make-Up Preparations Exports

Exports from Belarus

In 2022, after six years of growth, there was decline in shipments abroad of eye make-up preparations, when their volume decreased by -4.9% to X tons. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 93%. Over the period under review, the exports hit record highs at X tons in 2021, and then contracted slightly in the following year.

In value terms, eye make-up preparations exports amounted to $X in 2022. Overall, exports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by 39%. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

Russia (X tons) was the main destination for eye make-up preparations exports from Belarus, with a 87% share of total exports. Moreover, eye make-up preparations exports to Russia exceeded the volume sent to the second major destination, Ukraine (X tons), ninefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia totaled +24.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+17.1% per year) and Kazakhstan (+19.0% per year).

In value terms, Russia ($X) remains the key foreign market for eye make-up preparations exports from Belarus, comprising 73% of total exports. The second position in the ranking was taken by Ukraine ($X), with an 18% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia amounted to +14.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+17.5% per year) and Kazakhstan (+18.4% per year).

Export Prices by Country

The average eye make-up preparations export price stood at $X per ton in 2022, rising by 5.6% against the previous year. Over the period under review, the export price, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2018 when the average export price increased by 13% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Russia ($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 Ukraine (+0.3%), while the prices for the other major destinations experienced a decline.

Eye Make-Up Preparations Imports

Imports into Belarus

In 2022, the amount of eye make-up preparations imported into Belarus soared to X tons, growing by 65% against the previous year. Overall, imports saw a significant increase. As a result, imports attained 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. In general, imports recorded a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Italy (X tons) and Russia (X tons) were the main suppliers of eye make-up preparations imports to Belarus, with a combined 83% share of total imports. Poland, Germany and the Czech Republic lagged somewhat behind, together accounting for a further 11%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +55.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constituted the largest supplier of eye make-up preparations to Belarus, comprising 48% of total imports. The second position in the ranking was taken by Italy ($X), with a 15% share of total imports. It was followed by Germany, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia totaled +21.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+2.4% per year) and Germany (+18.7% per year).

Import Prices by Country

The average eye make-up preparations import price stood at $X per ton in 2022, falling by -9.9% against the previous year. Over the period under review, the import price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2018 an increase of 8.8%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+1.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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