CIS: Market for Manicure Or Pedicure Preparations 2024

Market Size for Manicure Or Pedicure Preparations in CIS

The CIS manicure or pedicure preparations market rose to $X in 2021, with an increase of 4.1% against the previous year. In general, consumption, however, saw a mild decrease. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Manicure Or Pedicure Preparations in CIS

In value terms, manicure or pedicure preparations production reached $X in 2021 estimated in export price. Overall, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the production volume increased by 36%. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Exports of Manicure Or Pedicure Preparations

Exports in CIS

In 2021, overseas shipments of manicure or pedicure preparations decreased by -13.3% to X tons for the first time since 2018, thus ending a two-year rising trend. Total exports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +8.1% 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 +102.3% against 2012 indices. The growth pace was the most rapid in 2014 when exports increased by 26%. Over the period under review, the exports hit record highs at X tons in 2020, and then declined in the following year.

In value terms, manicure or pedicure preparations exports stood at $X in 2021. Over the period under review, exports, however, recorded a strong expansion. The growth pace was the most rapid in 2019 with an increase of 38% against the previous year. The level of export peaked in 2021 and is likely to see gradual growth in the immediate term.

Exports by Country

Russia represented the key exporting country with an export of around X tons, which amounted to 74% of total exports. It was distantly followed by Belarus (X tons), mixing up a 24% share of total exports.

Exports from Russia increased at an average annual rate of +6.8% from 2012 to 2021. At the same time, Belarus (+18.8%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +18.8% from 2012-2021. While the share of Belarus (+14 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Russia (-8.7 p.p.) displayed negative dynamics.

In value terms, Russia ($X) remains the largest manicure or pedicure preparations supplier in the CIS, comprising 78% of total exports. The second position in the ranking was taken by Belarus ($X), with a 17% share of total exports.

In Russia, manicure or pedicure preparations exports expanded at an average annual rate of +13.7% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per ton, surging by 19% against the previous year. Export price indicated a tangible expansion from 2012 to 2021: its price increased at an average annual rate of +3.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, manicure or pedicure preparations export price increased by +100.5% against 2015 indices. The pace of growth appeared the most rapid in 2019 an increase of 27% against the previous year. The level of export peaked in 2021 and is likely to continue growth in the near future.

Average prices varied somewhat amongst the major exporting countries. In 2021, the country with the highest price was Russia ($X per ton), while Belarus stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+6.4%).

Imports of Manicure Or Pedicure Preparations

Imports in CIS

In 2021, manicure or pedicure preparations imports in the CIS was estimated at X tons, leveling off at 2020. Overall, imports, however, saw a abrupt decline. The pace of growth was the most pronounced in 2017 with an increase of 11% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, manicure or pedicure preparations imports amounted to $X in 2021. In general, imports, however, continue to indicate a abrupt curtailment. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Russia (X tons) was the main importer of manicure or pedicure preparations, committing 50% of total imports. It was distantly followed by Kazakhstan (X tons), Belarus (X tons) and Azerbaijan (X tons), together mixing up a 44% share of total imports. The following importers - Uzbekistan (X tons) and Moldova (X tons) - each accounted for a 3.9% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Azerbaijan (with a CAGR of +6.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constitutes the largest market for imported manicure or pedicure preparations in the CIS, comprising 73% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a 13% share of total imports. It was followed by Belarus, with a 5.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Russia amounted to -6.9%. In the other countries, the average annual rates were as follows: Kazakhstan (+0.5% per year) and Belarus (-2.3% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2021, surging by 9% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 14% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Moldova ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Moldova (+10.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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