Denmark: Eye Make-Up Preparations Market 2024

Eye Make-Up Preparations Market Size in Denmark

In 2022, after four years of growth, there was significant decline in the Danish eye make-up preparations market, when its value decreased by -88.2% to $X. Overall, consumption recorded a abrupt shrinkage. As a result, consumption attained the peak level of $X, and then fell notably in the following year.

Eye Make-Up Preparations Production in Denmark

In value terms, eye make-up preparations production contracted to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the production volume increased by 231%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Eye Make-Up Preparations Exports

Exports from Denmark

In 2022, overseas shipments of eye make-up preparations increased by 30% to X tons, rising for the second year in a row after three years of decline. Overall, exports recorded a strong increase. The pace of growth was the most pronounced in 2021 when exports increased by 67%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, eye make-up preparations exports surged to $X in 2022. In general, total exports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +6.8% 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 +118.2% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 58% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Norway (X tons), Sweden (X tons) and Finland (X tons) were the main destinations of eye make-up preparations exports from Denmark, with a combined 71% share of total exports. France, Poland, Iceland, Germany and Canada lagged somewhat behind, together accounting for a further 18%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +31.6%), while the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), Sweden ($X) and France ($X) appeared to be the largest markets for eye make-up preparations exported from Denmark worldwide, together accounting for 64% of total exports. Finland, Germany, Poland, Iceland and Canada lagged somewhat behind, together accounting for a further 24%.

Among the main countries of destination, Iceland, with a CAGR of +25.2%, saw the highest rates of growth with regard to the value of exports, 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 eye make-up preparations export price amounted to $X per ton, falling by -4.1% against the previous year. Over the period under review, the export price recorded a pronounced reduction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 17%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the 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 Germany ($X per ton), while the average price for exports to Finland ($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 Canada (+0.3%), while the prices for the other major destinations experienced a decline.

Eye Make-Up Preparations Imports

Imports into Denmark

In 2022, purchases abroad of eye make-up preparations increased by 20% to X tons, rising for the third year in a row after two years of decline. Overall, total imports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of +5.5% 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 +38.9% against 2019 indices. The pace of growth appeared the most rapid in 2016 with an increase of 70%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, eye make-up preparations imports reduced to $X in 2022. The total import value increased at an average annual rate of +2.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 27%. As a result, imports attained the peak of $X, and then fell in the following year.

Imports by Country

Italy (X tons), China (X tons) and Belgium (X tons) were the main suppliers of eye make-up preparations imports to Denmark, together accounting for 73% of total imports. Germany, France, Sweden, Poland, the UK and Spain lagged somewhat behind, together comprising a further 21%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +34.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest eye make-up preparations suppliers to Denmark were Germany ($X), Italy ($X) and China ($X), together accounting for 56% of total imports. France, Belgium, Poland, Sweden, the UK and Spain lagged somewhat behind, together comprising a further 31%.

Poland, with a CAGR of +41.8%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average eye make-up preparations import price amounted to $X per ton, declining by -22.3% against the previous year. In general, the import price showed a noticeable contraction. The pace of growth was the most pronounced in 2015 an increase of 21%. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the average import prices failed to regain momentum.

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 Germany ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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