Cameroon: Market for Beauty, Make-Up And Skin Care Preparations 2024

Market Size for Beauty, Make-Up And Skin Care Preparations in Cameroon

The Cameroonian market for beauty, make-up and skin care preparations reached $X in 2022, approximately reflecting the previous year. Overall, consumption recorded a resilient expansion. Consumption of peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Beauty, Make-Up And Skin Care Preparations in Cameroon

In value terms, production of beauty, make-up and skin care preparations reached $X in 2022 estimated in export price. In general, production, however, continues to indicate a perceptible reduction. The pace of growth was the most pronounced in 2015 with an increase of 18% against the previous year. Production of peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Beauty, Make-Up And Skin Care Preparations

Exports from Cameroon

In 2022, overseas shipments of beauty, make-up and skin care preparations were finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. In general, exports, however, saw a sharp contraction. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of beauty, make-up and skin care preparations surged to $X in 2022. Over the period under review, exports, however, recorded a sharp contraction. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Congo (X tons), Democratic Republic of the Congo (X tons) and Senegal (X tons) were the main destinations of exports of beauty, make-up and skin care preparations from Cameroon, with a combined 67% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Senegal (with a CAGR of -14.2%), while the other leaders experienced a decline.

In value terms, Democratic Republic of the Congo ($X), Nigeria ($X) and Congo ($X) appeared to be the largest markets for beauty, make-up and skin care preparations exported from Cameroon worldwide, together accounting for 55% of total exports.

Nigeria, with a CAGR of -14.8%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average export price for beauty, make-up and skin care preparations amounted to $X per ton, declining by -6.6% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by 45%. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nigeria ($X per ton), while the average price for exports to Senegal ($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 Nigeria (+8.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Beauty, Make-Up And Skin Care Preparations

Imports into Cameroon

After three years of growth, overseas purchases of beauty, make-up and skin care preparations decreased by -1.3% to X tons in 2022. Over the period under review, imports, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2019 when imports increased by 103%. Over the period under review, imports of reached the maximum at X tons in 2021, and then shrank in the following year.

In value terms, imports of beauty, make-up and skin care preparations contracted modestly to $X in 2022. Overall, imports, however, recorded a resilient increase. The pace of growth was the most pronounced in 2019 when imports increased by 64% against the previous year. Imports peaked at $X in 2021, and then fell slightly in the following year.

Imports by Country

In 2022, Nigeria (X tons) constituted the largest beauty, make-up and skin care preparations supplier to Cameroon, accounting for a 41% share of total imports. Moreover, imports of beauty, make-up and skin care preparations from Nigeria exceeded the figures recorded by the second-largest supplier, France (X tons), threefold. China (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from Nigeria stood at +57.4%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+25.8% per year) and China (+13.9% per year).

In value terms, France ($X) constituted the largest supplier of beauty, make-up and skin care preparations to Cameroon, comprising 43% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 12% share of total imports. It was followed by India, with an 8.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from France amounted to +19.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+36.5% per year) and India (+6.8% per year).

Import Prices by Country

The average import price for beauty, make-up and skin care preparations stood at $X per ton in 2022, flattening at the previous year. Over the period under review, the import price saw a mild downturn. The pace of growth was the most pronounced in 2018 when the average import price increased by 34% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Nigeria ($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 (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform