Eastern Asia: Powder-Puffs And Pads Market 2024

Powder-Puffs And Pads Market Size in Eastern Asia

The East Asian powder-puffs and pads market contracted notably to $X in 2021, which is down by -24.8% against the previous year. In general, consumption recorded a perceptible shrinkage. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a somewhat lower figure.

Powder-Puffs And Pads Production in Eastern Asia

In value terms, powder-puffs and pads production stood at $X in 2021 estimated in export price. The total production indicated a mild increase from 2012 to 2021: its value increased at an average annual rate of +1.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -1.5% against 2017 indices. The pace of growth was the most pronounced in 2016 with an increase of 66% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a lower figure.

Powder-Puffs And Pads Exports

Exports in Eastern Asia

In 2021, approx. X tons of powder-puffs and pads for the application of cosmetics or toilet preparations were exported in Eastern Asia; jumping by 30% compared with the previous year's figure. Over the period under review, exports saw a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, powder-puffs and pads exports surged to $X in 2021. In general, exports saw a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China dominates exports structure, resulting at X tons, which was approx. 94% of total exports in 2021. The following exporters - Hong Kong SAR (X tons) and South Korea (X tons) - each amounted to a 4.3% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to powder-puffs and pads exports from China stood at +9.6%. At the same time, Hong Kong SAR (+16.3%) displayed positive paces of growth. Moreover, Hong Kong SAR emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +16.3% from 2012-2021. By contrast, South Korea (-5.4%) illustrated a downward trend over the same period. While the share of China (+8.1 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of South Korea (-4.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest powder-puffs and pads supplier in Eastern Asia, comprising 85% of total exports. The second position in the ranking was held by South Korea ($X), with a 5.5% share of total exports.

In China, powder-puffs and pads exports increased at an average annual rate of +14.0% over the period from 2012-2021. In the other countries, the average annual rates were as follows: South Korea (-1.6% per year) and Hong Kong SAR (+22.2% per year).

Export Prices by Country

In 2021, the export price in Eastern Asia amounted to $X per ton, increasing by 6.4% against the previous year. Over the last nine years, it increased at an average annual rate of +2.8%. The growth pace was the most rapid in 2015 when the export price increased by 18%. Over the period under review, the export prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was South Korea ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+5.1%), while the other leaders experienced more modest paces of growth.

Powder-Puffs And Pads Imports

Imports in Eastern Asia

In 2021, purchases abroad of powder-puffs and pads for the application of cosmetics or toilet preparations was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Total imports indicated modest growth from 2012 to 2021: its volume increased at an average annual rate of +1.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -35.1% against 2018 indices. The most prominent rate of growth was recorded in 2017 with an increase of 21% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, powder-puffs and pads imports reduced slightly to $X in 2021. Over the period under review, imports enjoyed a pronounced increase. The pace of growth was the most pronounced in 2015 with an increase of 28%. The level of import peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

Japan was the major importing country with an import of about X tons, which resulted at 46% of total imports. South Korea (X tons) held a 23% share (based on physical terms) of total imports, which put it in second place, followed by Hong Kong SAR (20%) and Taiwan (Chinese) (5.9%). China (X tons) held a little share of total imports.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +7.6%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Japan ($X) constitutes the largest market for imported powder-puffs and pads for the application of cosmetics or toilet preparations in Eastern Asia, comprising 50% of total imports. The second position in the ranking was held by South Korea ($X), with a 22% share of total imports. It was followed by China, with a 15% share.

In Japan, powder-puffs and pads imports remained relatively stable over the period from 2012-2021. In the other countries, the average annual rates were as follows: South Korea (+16.5% per year) and China (+8.0% per year).

Import Prices by Country

In 2021, the import price in Eastern Asia amounted to $X per ton, with a decrease of -1.6% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.0%. The pace of growth was the most pronounced in 2015 when the import price increased by 19% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2020, and then contracted in the following year.

Prices varied noticeably country of destination: the country with the highest price was China ($X per ton), while Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+15.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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