Brazil: Market for Manicure Or Pedicure Preparations 2024

Market Size for Manicure Or Pedicure Preparations in Brazil

After seven years of decline, the Brazilian manicure or pedicure preparations market increased by 9.5% to $X in 2021. Overall, consumption, however, saw a pronounced decrease. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Production of Manicure Or Pedicure Preparations in Brazil

In value terms, manicure or pedicure preparations production rose significantly to $X in 2021 estimated in export price. Overall, production, however, showed a pronounced descent. The most prominent rate of growth was recorded in 2013 with an increase of 10%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Exports of Manicure Or Pedicure Preparations

Exports from Brazil

For the third year in a row, Brazil recorded growth in overseas shipments of manicure or pedicure preparations, which increased by 11% to X tons in 2021. Over the period under review, exports, however, continue to indicate a perceptible reduction. The pace of growth was the most pronounced in 2019 when exports increased by 31% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, manicure or pedicure preparations exports surged to $X in 2021. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by 44%. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Argentina (X tons) was the main destination for manicure or pedicure preparations exports from Brazil, with a 37% share of total exports. Moreover, manicure or pedicure preparations exports to Argentina exceeded the volume sent to the second major destination, Mexico (X tons), threefold. Chile (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Argentina totaled -2.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+129.8% per year) and Chile (-5.8% per year).

In value terms, Argentina ($X) remains the key foreign market for manicure or pedicure preparations exports from Brazil, comprising 37% of total exports. The second position in the ranking was held by Mexico ($X), with a 15% share of total exports. It was followed by the United States, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to Argentina was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+124.1% per year) and the United States (+0.9% per year).

Export Prices by Country

In 2021, the average manicure or pedicure preparations export price amounted to $X per ton, increasing by 6.4% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2018 an increase of 23%. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to Guyana ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Manicure Or Pedicure Preparations

Imports into Brazil

In 2021, approx. X tons of manicure or pedicure preparations were imported into Brazil; with an increase of 255% on the year before. Overall, imports enjoyed a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, manicure or pedicure preparations imports skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a pronounced reduction. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of manicure or pedicure preparations to Brazil, accounting for a 88% share of total imports. Moreover, manicure or pedicure preparations imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold. The third position in this ranking was held by Spain (X tons), with a 1.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +30.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-10.1% per year) and Spain (+5.7% per year).

In value terms, China ($X) constituted the largest supplier of manicure or pedicure preparations to Brazil, comprising 72% of total imports. The second position in the ranking was held by the United States ($X), with a 13% share of total imports. It was followed by Spain, with a 4.5% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +22.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-14.3% per year) and Spain (-4.7% per year).

Import Prices by Country

The average manicure or pedicure preparations import price stood at $X per ton in 2021, waning by -33.5% against the previous year. Overall, the import price faced a abrupt slump. The pace of growth was the most pronounced in 2017 when the average import price increased by 13% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (-1.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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