Canada: Market for Manicure Or Pedicure Preparations 2024

Market Size for Manicure Or Pedicure Preparations in Canada

After two years of growth, the Canadian manicure or pedicure preparations market decreased by -9.6% to $X in 2022. Over the period under review, the total consumption indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +1.3% against 2018 indices. As a result, consumption reached the peak level of $X, and then shrank in the following year.

Production of Manicure Or Pedicure Preparations in Canada

In value terms, manicure or pedicure preparations production amounted to $X in 2022 estimated in export price. Overall, production, however, continues to indicate significant growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by 93% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Manicure Or Pedicure Preparations

Exports from Canada

In 2022, exports of manicure or pedicure preparations from Canada shrank slightly to X tons, therefore, remained relatively stable against the previous year. Over the period under review, total exports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +27.6% against 2020 indices. The pace of growth was the most pronounced in 2014 when exports increased by 67%. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, manicure or pedicure preparations exports shrank to $X in 2022. Overall, total exports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +8.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +31.0% against 2020 indices. The pace of growth was the most pronounced in 2014 when exports increased by 59%. The exports peaked at $X in 2021, and then reduced in the following year.

Exports by Country

The United States (X tons) was the main destination for manicure or pedicure preparations exports from Canada, with a 60% share of total exports. Moreover, manicure or pedicure preparations exports to the United States exceeded the volume sent to the second major destination, Turkey (X tons), fivefold. The third position in this ranking was held by Belgium (X tons), with a 5.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to +15.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+135.5% per year) and Belgium (-0.1% per year).

In value terms, the United States ($X) remains the key foreign market for manicure or pedicure preparations exports from Canada, comprising 60% of total exports. The second position in the ranking was taken by Turkey ($X), with a 12% share of total exports. It was followed by Belgium, with a 5.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at +16.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+144.2% per year) and Belgium (+0.4% per year).

Export Prices by Country

In 2022, the average manicure or pedicure preparations export price amounted to $X per ton, waning by -9.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2018 an increase of 19% against the previous year. The export price peaked at $X per ton in 2021, and then fell in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Australia ($X per ton) and Russia ($X per ton), while the average price for exports to the UK ($X per ton) and the United Arab Emirates ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+18.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Manicure Or Pedicure Preparations

Imports into Canada

In 2022, approx. X tons of manicure or pedicure preparations were imported into Canada; remaining stable against 2021 figures. In general, imports, however, showed a abrupt setback. The growth pace was the most rapid in 2013 with an increase of 21% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, manicure or pedicure preparations imports dropped to $X in 2022. Overall, imports, however, showed a pronounced downturn. The most prominent rate of growth was recorded in 2013 with an increase of 21%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of manicure or pedicure preparations to Canada, accounting for a 67% share of total imports. Moreover, manicure or pedicure preparations imports from the United States exceeded the figures recorded by the second-largest supplier, China (X tons), sixfold. The third position in this ranking was taken by France (X tons), with a 5.2% share.

From 2012 to 2022, the average annual growth rate of volume from the United States stood at -7.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-5.7% per year) and France (+6.0% per year).

In value terms, the United States ($X) constituted the largest supplier of manicure or pedicure preparations to Canada, comprising 67% of total imports. The second position in the ranking was held by China ($X), with an 11% share of total imports. It was followed by France, with a 5.2% share.

From 2012 to 2022, the average annual growth rate of value from the United States totaled -5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-4.3% per year) and France (+7.6% per year).

Import Prices by Country

In 2022, the average manicure or pedicure preparations import price amounted to $X per ton, waning by -5.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The growth pace was the most rapid in 2018 an increase of 11%. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Mexico ($X per ton) and the United States ($X per ton), while the price for Luxembourg ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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