Benelux: Lip Make-Up Preparations Market 2025

Lip Make-Up Preparations Market Size in Benelux

The Benelux lip make-up preparations market declined slightly to $X in 2022, falling by -3.8% against the previous year. Overall, consumption, however, saw a buoyant increase. The level of consumption peaked at $X in 2021, and then shrank slightly in the following year.

Lip Make-Up Preparations Production in Benelux

In value terms, lip make-up preparations production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, showed moderate growth. The growth pace was the most rapid in 2014 with an increase of 70% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Lip Make-Up Preparations Exports

Exports in Benelux

Lip make-up preparations exports soared to X tons in 2022, with an increase of 33% on the previous year. In general, exports posted a resilient increase. The growth pace was the most rapid in 2016 when exports increased by 59% against the previous year. The volume of export peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, lip make-up preparations exports rose modestly to $X in 2022. Overall, exports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of 58%. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands was the key exporter of lip make-up preparations in Benelux, with the volume of exports resulting at X tons, which was near 71% of total exports in 2022. Belgium (X tons) took the second position in the ranking, distantly followed by Luxembourg (X tons). All these countries together took near 29% share of total exports.

The Netherlands was also the fastest-growing in terms of the lip make-up preparations exports, with a CAGR of +20.4% from 2012 to 2022. At the same time, Luxembourg (+4.2%) and Belgium (+2.1%) displayed positive paces of growth. The Netherlands (+38 p.p.) significantly strengthened its position in terms of the total exports, while Luxembourg and Belgium saw its share reduced by -4.5% and -33.7% from 2012 to 2022, respectively.

In value terms, the largest lip make-up preparations supplying countries in Benelux were the Netherlands ($X), Belgium ($X) and Luxembourg ($X).

In terms of the main exporting countries, the Netherlands, with a CAGR of +19.4%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, falling by -21.2% against the previous year. In general, the export price saw a noticeable contraction. The most prominent rate of growth was recorded in 2015 when the export price increased by 14%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+1.1%), while the other leaders experienced a decline in the export price figures.

Lip Make-Up Preparations Imports

Imports in Benelux

In 2022, purchases abroad of lip make-up preparations increased by 20% to X tons, rising for the second consecutive year after two years of decline. In general, imports saw a buoyant increase. The most prominent rate of growth was recorded in 2015 when imports increased by 46% against the previous year. The volume of import peaked in 2022 and is likely to continue growth in years to come.

In value terms, lip make-up preparations imports surged to $X in 2022. Over the period under review, imports saw a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of 68%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

In 2022, the Netherlands (X tons) represented the largest importer of lip make-up preparations, constituting 70% of total imports. It was distantly followed by Belgium (X tons), mixing up a 28% share of total imports. Luxembourg (X tons) held a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to lip make-up preparations imports into the Netherlands stood at +13.8%. At the same time, Luxembourg (+14.0%) and Belgium (+9.1%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing importer imported in Benelux, with a CAGR of +14.0% from 2012-2022. The Netherlands (+8.8 p.p.) significantly strengthened its position in terms of the total imports, while Belgium saw its share reduced by -9.1% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest lip make-up preparations importing markets in Benelux were the Netherlands ($X), Belgium ($X) and Luxembourg ($X).

In terms of the main importing countries, the Netherlands, with a CAGR of +14.6%, recorded 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 import price in Benelux amounted to $X per ton, growing by 16% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 28%. Over the period under review, import prices reached the maximum in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+1.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform