Benelux: Market for Manicure Or Pedicure Preparations 2024

Market Size for Manicure Or Pedicure Preparations in Benelux

In 2021, the Benelux manicure or pedicure preparations market decreased by -19.4% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption recorded a abrupt decrease. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Manicure Or Pedicure Preparations in Benelux

In value terms, manicure or pedicure preparations production fell markedly to $X in 2021 estimated in export price. In general, production saw a dramatic decrease. The pace of growth appeared the most rapid in 2014 with an increase of 36% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Manicure Or Pedicure Preparations

Exports in Benelux

In 2021, overseas shipments of manicure or pedicure preparations increased by 15% to X tons, rising for the third year in a row after two years of decline. The total export volume increased at an average annual rate of +2.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 17%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, manicure or pedicure preparations exports expanded markedly to $X in 2021. Total exports indicated a mild increase from 2012 to 2021: its value increased at an average annual rate of +1.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +39.8% against 2018 indices. The most prominent rate of growth was recorded in 2020 with an increase of 23%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

The Netherlands represented the major exporter of manicure or pedicure preparations in Benelux, with the volume of exports recording X tons, which was near 65% of total exports in 2021. It was distantly followed by Luxembourg (X tons) and Belgium (X tons), together constituting a 35% share of total exports.

The Netherlands was also the fastest-growing in terms of the manicure or pedicure preparations exports, with a CAGR of +8.6% from 2012 to 2021. Belgium experienced a relatively flat trend pattern. Luxembourg (-4.7%) illustrated a downward trend over the same period. While the share of the Netherlands (+25 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Belgium (-4.6 p.p.) and Luxembourg (-20.8 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) remains the largest manicure or pedicure preparations supplier in Benelux, comprising 69% of total exports. The second position in the ranking was held by Belgium ($X), with a 23% share of total exports.

From 2012 to 2021, the average annual growth rate of value in the Netherlands amounted to +7.3%. The remaining exporting countries recorded the following average annual rates of exports growth: Belgium (-0.9% per year) and Luxembourg (-11.4% per year).

Export Prices by Country

The export price in Benelux stood at $X per ton in 2021, which is down by -5.2% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the export price increased by 6.9%. Over the period under review, the export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (-0.4%), while the other leaders experienced a decline in the export price figures.

Imports of Manicure Or Pedicure Preparations

Imports in Benelux

In 2021, approx. X tons of manicure or pedicure preparations were imported in Benelux; picking up by 2.8% on the year before. In general, imports saw a buoyant increase. The pace of growth was the most pronounced in 2019 with an increase of 37%. The volume of import peaked in 2021 and is likely to see steady growth in the near future.

In value terms, manicure or pedicure preparations imports soared to $X in 2021. The total import value increased at an average annual rate of +4.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the Netherlands (X tons) was the largest importer of manicure or pedicure preparations, constituting 50% of total imports. Luxembourg (X tons) ranks second in terms of the total imports with a 30% share, followed by Belgium (20%).

From 2012 to 2021, the biggest increases were in Luxembourg (with a CAGR of +44.7%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the Netherlands ($X) constitutes the largest market for imported manicure or pedicure preparations in Benelux, comprising 66% of total imports. The second position in the ranking was taken by Belgium ($X), with a 29% share of total imports.

In the Netherlands, manicure or pedicure preparations imports increased at an average annual rate of +7.4% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Belgium (-1.1% per year) and Luxembourg (+9.9% per year).

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per ton, rising by 29% against the previous year. Overall, the import price, however, recorded a noticeable reduction. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Belgium ($X per ton), while Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+0.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform