CIS: Eye Make-Up Preparations Market 2024

Eye Make-Up Preparations Market Size in CIS

The CIS eye make-up preparations market stood at $X in 2022, increasing by 4.9% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Eye Make-Up Preparations Production in CIS

In value terms, eye make-up preparations production contracted to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2019 with an increase of 31%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Eye Make-Up Preparations Exports

Exports in CIS

After three years of growth, overseas shipments of eye make-up preparations decreased by -0.5% to X tons in 2022. Over the period under review, exports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 39%. Over the period under review, the exports reached the maximum at X tons in 2021, and then contracted in the following year.

In value terms, eye make-up preparations exports reduced to $X in 2022. Overall, exports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 37%. As a result, the exports reached the peak of $X, and then reduced in the following year.

Exports by Country

Russia (X tons) and Belarus (X tons) represented roughly 99% of total exports in 2022.

From 2012 to 2022, the biggest increases were recorded for Belarus (with a CAGR of +23.4%).

In value terms, the largest eye make-up preparations supplying countries in the CIS were Belarus ($X) and Russia ($X).

Belarus, with a CAGR of +14.8%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, shrinking by -6.2% against the previous year. Over the period under review, the export price saw a pronounced decline. The pace of growth was the most pronounced in 2016 an increase of 14% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belarus ($X per ton), while Russia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-2.6%).

Eye Make-Up Preparations Imports

Imports in CIS

In 2022, approx. X tons of eye make-up preparations were imported in the CIS; increasing by 30% compared with the year before. Total imports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +98.7% against 2015 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, eye make-up preparations imports expanded to $X in 2022. In general, imports, however, continue to indicate a slight descent. The growth pace was the most rapid in 2021 with an increase of 22% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Russia was the main importing country with an import of around X tons, which resulted at 54% of total imports. Kazakhstan (X tons) ranks second in terms of the total imports with a 26% share, followed by Belarus (14%). Azerbaijan (X tons) followed a long way behind the leaders.

Russia experienced a relatively flat trend pattern with regard to volume of imports of eye make-up preparations. At the same time, Azerbaijan (+23.1%), Belarus (+20.6%) and Kazakhstan (+17.3%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +23.1% from 2012-2022. While the share of Kazakhstan (+17 p.p.), Belarus (+11 p.p.) and Azerbaijan (+1.9 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Russia (-30.4 p.p.) displayed negative dynamics.

In value terms, Russia ($X) constitutes the largest market for imported eye make-up preparations in the CIS, comprising 72% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a 12% share of total imports. It was followed by Belarus, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia amounted to -2.9%. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (+4.8% per year) and Belarus (+9.4% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, shrinking by -21.6% against the previous year. In general, the import price showed a deep downturn. The most prominent rate of growth was recorded in 2021 when the import price increased by 5.9% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-3.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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