Report Update Nov 1, 2024

Dominican Republic - Lip Make-Up Preparations - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Lip Make-Up Preparations Market 2024

Lip Make-Up Preparations Market Size in the Dominican Republic

The Dominican lip make-up preparations market was finally on the rise to reach $X in 2022, after two years of decline. In general, consumption saw significant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Lip Make-Up Preparations Exports

Exports from the Dominican Republic

In 2022, overseas shipments of lip make-up preparations decreased by -57.7% to X tons for the first time since 2016, thus ending a five-year rising trend. Overall, exports continue to indicate a noticeable contraction. The pace of growth was the most pronounced in 2014 with an increase of 201% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then shrank significantly in the following year.

In value terms, lip make-up preparations exports amounted to $X in 2022. Over the period under review, exports saw a pronounced slump. The most prominent rate of growth was recorded in 2019 with an increase of 252%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for lip make-up preparations exports from the Dominican Republic, with a 46% share of total exports. Moreover, lip make-up preparations exports to the United States exceeded the volume sent to the second major destination, Haiti (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at -9.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Haiti (+6.4% per year) and Turks and Caicos Islands (+69.1% per year).

In value terms, the United States ($X) remains the key foreign market for lip make-up preparations exports from the Dominican Republic, comprising 70% of total exports. The second position in the ranking was taken by Haiti ($X), with a 1.6% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to +2.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Haiti (+10.7% per year) and Turks and Caicos Islands (+85.3% per year).

Export Prices by Country

The average lip make-up preparations export price stood at $X per ton in 2022, increasing by 147% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average export price increased by 226%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Haiti ($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 the United States (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.

Lip Make-Up Preparations Imports

Imports into the Dominican Republic

In 2022, supplies from abroad of lip make-up preparations was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. In general, imports saw a buoyant expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 84%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, lip make-up preparations imports surged to $X in 2022. Over the period under review, imports posted prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Colombia (X tons), Mexico (X tons) and the United States (X tons) were the main suppliers of lip make-up preparations imports to the Dominican Republic, with a combined 86% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of +42.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest lip make-up preparations suppliers to the Dominican Republic were Colombia ($X), the United States ($X) and China ($X), with a combined 90% share of total imports.

Colombia, with a CAGR of +21.6%, saw 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 lip make-up preparations import price stood at $X per ton in 2022, increasing by 33% against the previous year. Over the period under review, the import price, however, recorded a slight slump. Over the period under review, average import prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Mexico ($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 States (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lip make-up preparations in the world?

Russia remains the largest lip make-up preparations consuming country worldwide, comprising approx. 43% of total volume. Moreover, lip make-up preparations consumption in Russia exceeded the figures recorded by the second-largest consumer, China, threefold. The third position in this ranking was occupied by the United States, with a 6.8% share.

What are the largest producers of lip make-up preparations in the world?

The countries with the highest volumes of in 2021 were Russia, China and the United States, with a combined 71% share of global production. These countries were followed by France, Brazil, Japan, Italy, South Korea, Spain and Singapore, which together accounted for a further 16%.

What are the leading suppliers of lip make-up preparations to the Dominican Republic?

In value terms, the United States constituted the largest supplier of lip make-up preparations to the Dominican Republic, comprising 55% of total imports. The second position in the ranking was occupied by Colombia, with a 19% share of total imports. It was followed by China, with a 10% share.

What are the leading importers of lip make-up preparations from the Dominican Republic?

In value terms, the United States remains the key foreign market for lip make-up preparations exports from the Dominican Republic, comprising 81% of total exports. The second position in the ranking was occupied by Haiti, with a 9.5% share of total exports.

What is the average export price for lip make-up preparations in the Dominican Republic?

The average lip make-up preparations export price stood at $7,011 per ton in 2021, surging by 7.3% against the previous year.

What is the average import price for lip make-up preparations in the Dominican Republic?

In 2021, the average lip make-up preparations import price amounted to $27,440 per ton, which is down by -37.5% against the previous year.

This report provides an in-depth analysis of the lip make-up preparations market in the Dominican Republic. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20421250 - Lip make-up preparations

Country coverage:

Dominican Republic

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Dominican Republic
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
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While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023