Egypt: Eye Make-Up Preparations Market 2024

Eye Make-Up Preparations Market Size in Egypt

The Egyptian eye make-up preparations market dropped modestly to $X in 2022, with a decrease of -3.9% against the previous year. Over the period under review, consumption, however, saw a resilient expansion. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Eye Make-Up Preparations Production in Egypt

In value terms, eye make-up preparations production shrank modestly to $X in 2022 estimated in export price. Overall, production, however, recorded a strong increase. The growth pace was the most rapid in 2018 with an increase of 164%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Eye Make-Up Preparations Exports

Exports from Egypt

In 2022, shipments abroad of eye make-up preparations decreased by -98.5% to X kg, falling for the second consecutive year after two years of growth. In general, exports showed a abrupt slump. The pace of growth appeared the most rapid in 2015 with an increase of 385% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, eye make-up preparations exports fell dramatically to $X in 2022. Over the period under review, exports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2015 with an increase of 163%. Over the period under review, the exports attained the peak figure at $X in 2021, and then shrank dramatically in the following year.

Exports by Country

Hong Kong SAR (X kg), the United Arab Emirates (X kg) and Switzerland (X kg) were the main destinations of eye make-up preparations exports from Egypt.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Switzerland (with a CAGR of +54.5%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for eye make-up preparations exported from Egypt were Hong Kong SAR ($X), the United Arab Emirates ($X) and Switzerland ($X).

Switzerland, with a CAGR of +42.6%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average eye make-up preparations export price stood at $X per ton in 2022, surging by 131% against the previous year. In general, the export price saw a prominent increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Switzerland ($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 Indonesia (+69.5%), while the prices for the other major destinations experienced more modest paces of growth.

Eye Make-Up Preparations Imports

Imports into Egypt

For the third consecutive year, Egypt recorded decline in supplies from abroad of eye make-up preparations, which decreased by -46.6% to X tons in 2022. Over the period under review, imports faced a abrupt decline. The growth pace was the most rapid in 2015 when imports increased by 148%. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, eye make-up preparations imports surged to $X in 2022. Overall, imports showed a deep slump. The most prominent rate of growth was recorded in 2015 with an increase of 264% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest eye make-up preparations supplier to Egypt, with a 65% share of total imports. Moreover, eye make-up preparations imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), sixfold. The third position in this ranking was taken by Italy (X tons), with a 9.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to -1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-15.8% per year) and Italy (+25.1% per year).

In value terms, the largest eye make-up preparations suppliers to Egypt were China ($X), Germany ($X) and Italy ($X), with a combined 83% share of total imports.

Italy, with a CAGR of +28.9%, saw the highest growth rate of 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

The average eye make-up preparations import price stood at $X per ton in 2022, rising by 344% against the previous year. Over the period under review, the import price saw strong growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for the United Arab Emirates ($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 (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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