Belgium: Market for Manicure Or Pedicure Sets And Instruments 2024

Market Size for Manicure Or Pedicure Sets And Instruments in Belgium

For the third consecutive year, the Belgian manicure or pedicure sets market recorded growth in sales value, which increased by 346% to $X in 2022. Over the period under review, consumption recorded significant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Manicure Or Pedicure Sets And Instruments in Belgium

In value terms, manicure or pedicure sets production surged to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2015 when the production volume increased by 437% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

Exports of Manicure Or Pedicure Sets And Instruments

Exports from Belgium

In 2022, overseas shipments of manicure or pedicure sets and instruments decreased by -57.8% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports saw a abrupt descent. The pace of growth was the most pronounced in 2020 when exports increased by 176% against the previous year. The exports peaked at X units in 2021, and then declined markedly in the following year.

In value terms, manicure or pedicure sets exports dropped dramatically to $X in 2022. In general, exports saw a abrupt descent. The pace of growth appeared the most rapid in 2020 with an increase of 145%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands (X units), France (X units) and Germany (X units) were the main destinations of manicure or pedicure sets exports from Belgium, together comprising 77% of total exports. Luxembourg, Italy, Cyprus, the UK and Poland lagged somewhat behind, together accounting for a further 16%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cyprus (with a CAGR of +56.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for manicure or pedicure sets exported from Belgium were France ($X), Germany ($X) and the Netherlands ($X), together accounting for 68% of total exports. Luxembourg, Italy, Cyprus, Poland and the UK lagged somewhat behind, together comprising a further 21%.

Cyprus, with a CAGR of +44.3%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average manicure or pedicure sets export price stood at $X per unit in 2022, declining by -4.5% against the previous year. Overall, the export price continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2019 when the average export price increased by 20% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+1.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Manicure Or Pedicure Sets And Instruments

Imports into Belgium

In 2022, purchases abroad of manicure or pedicure sets and instruments decreased by -67.7% to X units for the first time since 2016, thus ending a five-year rising trend. In general, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year. As a result, imports attained the peak of X units, and then contracted significantly in the following year.

In value terms, manicure or pedicure sets imports declined significantly to $X in 2022. Overall, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 60% against the previous year. Imports peaked at $X in 2021, and then shrank remarkably in the following year.

Imports by Country

China (X units), the Netherlands (X units) and France (X units) were the main suppliers of manicure or pedicure sets imports to Belgium, with a combined 89% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +10.4%), while purchases for the other leaders experienced a decline.

In value terms, the largest manicure or pedicure sets suppliers to Belgium were China ($X), France ($X) and the Netherlands ($X), together comprising 78% of total imports.

In terms of the main suppliers, China, with a CAGR of -1.1%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average manicure or pedicure sets import price stood at $X per unit in 2022, surging by 43% against the previous year. Over the period under review, the import price, however, saw a slight shrinkage. Over the period under review, average import prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Pakistan ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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