Eastern Europe: Market for Manicure Or Pedicure Sets And Instruments 2024

Market Size for Manicure Or Pedicure Sets And Instruments in Eastern Europe

In 2022, the East European manicure or pedicure sets market decreased by -6.4% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Production of Manicure Or Pedicure Sets And Instruments in Eastern Europe

In value terms, manicure or pedicure sets production contracted slightly to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by 119% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Exports of Manicure Or Pedicure Sets And Instruments

Exports in Eastern Europe

In 2022, shipments abroad of manicure or pedicure sets and instruments increased by 18% to X units, rising for the second consecutive year after two years of decline. Total exports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of +7.6% 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 +29.8% against 2020 indices. The pace of growth appeared the most rapid in 2014 with an increase of 23%. The volume of export peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, manicure or pedicure sets exports declined to $X in 2022. Overall, exports enjoyed a resilient increase. The pace of growth appeared the most rapid in 2013 when exports increased by 31% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then declined in the following year.

Exports by Country

In 2022, Poland (X units), Romania (X units) and Belarus (X units) represented the major exporter of manicure or pedicure sets and instruments in Eastern Europe, constituting 67% of total export. Hungary (X units) held the next position in the ranking, followed by Russia (X units), the Czech Republic (X units) and Ukraine (X units). All these countries together held approx. 28% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Belarus (with a CAGR of +18.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) remains the largest manicure or pedicure sets supplier in Eastern Europe, comprising 45% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 17% share of total exports. It was followed by Romania, with a 12% share.

From 2012 to 2022, the average annual growth rate of value in Poland stood at +14.3%. The remaining exporting countries recorded the following average annual rates of exports growth: the Czech Republic (+13.7% per year) and Romania (+3.0% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per unit, dropping by -19.4% against the previous year. Export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 an increase of 25% against the previous year. The level of export peaked at $X per unit in 2021, and then fell remarkably in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while Belarus (less than $X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+7.7%), while the other leaders experienced more modest paces of growth.

Imports of Manicure Or Pedicure Sets And Instruments

Imports in Eastern Europe

In 2022, after two years of growth, there was decline in supplies from abroad of manicure or pedicure sets and instruments, when their volume decreased by -2.3% to X units. The total import volume increased at an average annual rate of +1.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when imports increased by 17% against the previous year. Over the period under review, imports reached the peak figure at X units in 2021, and then fell modestly in the following year.

In value terms, manicure or pedicure sets imports fell to $X in 2022. Total imports indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +4.8% 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 +49.9% against 2015 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 17%. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

Poland (X units) and Russia (X units) represented roughly 55% of total imports in 2022. Hungary (X units) held the next position in the ranking, followed by the Czech Republic (X units), Belarus (X units), Romania (X units) and Ukraine (X units). All these countries together held near 37% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Belarus (with a CAGR of +13.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest manicure or pedicure sets importing markets in Eastern Europe were Poland ($X), Russia ($X) and the Czech Republic ($X), together comprising 67% of total imports.

Among the main importing countries, Poland, with a CAGR of +10.6%, recorded the highest rates of growth with regard to 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 import price in Eastern Europe stood at $X per unit in 2022, with a decrease of -2.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. The pace of growth was the most pronounced in 2014 an increase of 12%. The level of import peaked at $X per unit in 2021, and then shrank modestly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+8.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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