Cote d'Ivoire: Lip Make-Up Preparations Market 2025

Lip Make-Up Preparations Market Size in Cote d'Ivoire

In 2022, the Cote d'Ivoire's lip make-up preparations market decreased by -19.4% to $X for the first time since 2018, thus ending a three-year rising trend. In general, consumption, however, saw significant growth. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Lip Make-Up Preparations Exports

Exports from Cote d'Ivoire

In 2022, exports of lip make-up preparations from Cote d'Ivoire soared to X kg, with an increase of 197% on the year before. In general, exports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2014 with an increase of 209% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, lip make-up preparations exports soared to $X in 2022. Overall, exports, however, continue to indicate a abrupt setback. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Benin (X kg) was the main destination for lip make-up preparations exports from Cote d'Ivoire, with a 54% share of total exports. Moreover, lip make-up preparations exports to Benin exceeded the volume sent to the second major destination, Niger (X kg), twofold. The third position in this ranking was held by France (X kg), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume to Benin stood at +993.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Niger (-56.7% per year) and France (+1,175.0% per year).

In value terms, Benin ($X) emerged as the key foreign market for lip make-up preparations exports from Cote d'Ivoire, comprising 58% of total exports. The second position in the ranking was held by France ($X), with a 12% share of total exports. It was followed by Niger, with an 8.4% share.

From 2012 to 2022, the average annual growth rate of value to Benin stood at +1,262.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+620.7% per year) and Niger (-73.3% per year).

Export Prices by Country

In 2022, the average lip make-up preparations export price amounted to $X per ton, rising by 7.2% against the previous year. Overall, the export price saw a strong expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 367%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Niger ($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 Angola (+29.7%), while the prices for the other major destinations experienced mixed trend patterns.

Lip Make-Up Preparations Imports

Imports into Cote d'Ivoire

In 2022, overseas purchases of lip make-up preparations decreased by -13% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 1,173%. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, lip make-up preparations imports dropped significantly to $X in 2022. Over the period under review, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2016 when imports increased by 771%. Over the period under review, imports hit record highs at $X in 2021, and then reduced rapidly in the following year.

Imports by Country

In 2022, France (X tons) constituted the largest lip make-up preparations supplier to Cote d'Ivoire, accounting for a 30% share of total imports. Moreover, lip make-up preparations imports from France exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. South Africa (X tons) ranked third in terms of total imports with a 5.7% share.

From 2012 to 2022, the average annual growth rate of volume from France stood at +72.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-4.1% per year) and South Africa (+84.1% per year).

In value terms, France ($X) constituted the largest supplier of lip make-up preparations to Cote d'Ivoire, comprising 26% of total imports. The second position in the ranking was held by Italy ($X), with an 11% share of total imports. It was followed by Turkey, with a 5.5% share.

From 2012 to 2022, the average annual growth rate of value from France stood at +47.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+4.6% per year) and Turkey (+8.4% per year).

Import Prices by Country

The average lip make-up preparations import price stood at $X per ton in 2022, shrinking by -20.6% against the previous year. Over the period under review, the import price, however, continues to indicate prominent growth. The most prominent rate of growth was recorded in 2021 an increase of 94%. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+30.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform