Czech Republic: Cosmetics Market 2024

Cosmetics Market Size in the Czech Republic

The Czech cosmetics market rose rapidly to $X in 2022, surging by X% against the previous year. Overall, consumption showed a measured expansion. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Cosmetics Production in the Czech Republic

In value terms, cosmetics production reached $X in 2022 estimated in export price. Overall, production, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Cosmetics Exports

Exports from the Czech Republic

For the fifth consecutive year, the Czech Republic recorded growth in shipments abroad of cosmetics, which increased by X% to X tons in 2022. In general, exports showed buoyant growth. The most prominent rate of growth was recorded in 2019 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, cosmetics exports rose sharply to $X in 2022. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

Germany (X tons), Switzerland (X tons) and Slovakia (X tons) were the main destinations of cosmetics exports from the Czech Republic, together comprising X% 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 Switzerland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cosmetics exported from the Czech Republic were Switzerland ($X), Germany ($X) and Slovakia ($X), together accounting for X% of total exports.

Switzerland, with a CAGR of X%, 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 more modest paces of growth.

Export Prices by Country

In 2022, the average cosmetics export price amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the export price, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then dropped modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Croatia ($X per ton), while the average price for exports to Russia ($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 Croatia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Cosmetics Imports

Imports into the Czech Republic

Cosmetics imports into the Czech Republic surged to X tons in 2022, growing by X% against the year before. In general, total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2018 indices. The growth pace was the most rapid in 2018 when imports increased by X%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, cosmetics imports rose slightly to $X in 2022. Overall, imports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

Germany (X tons), Poland (X tons) and France (X tons) were the main suppliers of cosmetics imports to the Czech Republic, together accounting for X% of total imports. Belgium, Slovakia, the UK, Hungary, the United States, Spain, Italy and China lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Germany ($X) and Belgium ($X) were the largest cosmetics suppliers to the Czech Republic, together comprising X% of total imports.

Belgium, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cosmetics import price stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the import price, however, posted a resilient increase. The growth pace was the most rapid in 2019 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :