Denmark: Lip Make-Up Preparations Market 2024

Lip Make-Up Preparations Market Size in Denmark

In 2022, the Danish lip make-up preparations market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. In general, consumption, however, continues to indicate a deep downturn. Lip make-up preparations consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Lip Make-Up Preparations Production in Denmark

In value terms, lip make-up preparations production rose sharply to $X in 2022 estimated in export price. Overall, production enjoyed a buoyant increase. The growth pace was the most rapid in 2016 when the production volume increased by 160%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Lip Make-Up Preparations Exports

Exports from Denmark

For the third consecutive year, Denmark recorded growth in overseas shipments of lip make-up preparations, which increased by 48% to X tons in 2022. Overall, exports recorded a buoyant increase. The growth pace was the most rapid in 2013 with an increase of 109%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, lip make-up preparations exports surged to $X in 2022. Over the period under review, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 48%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Norway (X tons), Sweden (X tons) and Finland (X tons) were the main destinations of lip make-up preparations exports from Denmark, together accounting for 77% of total exports. France, the UK and Russia lagged somewhat behind, together comprising a further 15%.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +46.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), Sweden ($X) and France ($X) were the largest markets for lip make-up preparations exported from Denmark worldwide, together accounting for 75% of total exports.

France, with a CAGR of +25.0%, saw the highest rates of growth with regard to the value of exports, in terms of 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 lip make-up preparations export price amounted to $X per ton, which is down by -1.8% against the previous year. Overall, the export price saw a pronounced decrease. The most prominent rate of growth was recorded in 2016 an increase of 31% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Russia ($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 Norway (+0.1%), while the prices for the other major destinations experienced a decline.

Lip Make-Up Preparations Imports

Imports into Denmark

In 2022, the amount of lip make-up preparations imported into Denmark skyrocketed to X tons, surging by 49% on the year before. In general, total imports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of +8.8% 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 +83.0% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 56% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, lip make-up preparations imports skyrocketed to $X in 2022. Overall, total imports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +5.3% 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 +54.5% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), France (X tons) and Belgium (X tons) were the main suppliers of lip make-up preparations imports to Denmark, with a combined 75% share of total imports.

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 +25.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), China ($X) and Germany ($X) were the largest lip make-up preparations suppliers to Denmark, together comprising 59% of total imports.

Among the main suppliers, China, with a CAGR of +23.1%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average lip make-up preparations import price stood at $X per ton in 2022, dropping by -13.5% against the previous year. Overall, the import price continues to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2018 an increase of 33%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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