EU: Market for Manicure Or Pedicure Sets And Instruments 2024

Market Size for Manicure Or Pedicure Sets And Instruments in the EU

In 2022, the EU manicure or pedicure sets market increased by 20% to $X, rising for the fourth consecutive year after two years of decline. The market value increased at an average annual rate of +2.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Manicure Or Pedicure Sets And Instruments in the EU

In value terms, manicure or pedicure sets production reached $X in 2022 estimated in export price. Overall, production, however, saw a slight slump. The growth pace was the most rapid in 2016 when the production volume increased by 46% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Exports of Manicure Or Pedicure Sets And Instruments

Exports in the EU

In 2022, after two years of growth, there was significant decline in shipments abroad of manicure or pedicure sets and instruments, when their volume decreased by -9.1% to X units. Total exports indicated measured growth from 2012 to 2022: its volume increased at an average annual rate of +3.2% 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 +52.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 42% against the previous year. As a result, the exports attained the peak of X units, and then shrank in the following year.

In value terms, manicure or pedicure sets exports fell to $X in 2022. The total export value increased at an average annual rate of +1.2% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 25%. As a result, the exports attained the peak of $X, and then shrank in the following year.

Exports by Country

In 2022, Germany (X units), distantly followed by Greece (X units), the Netherlands (X units), France (X units), Poland (X units), Belgium (X units) and Romania (X units) represented the main exporters of manicure or pedicure sets and instruments, together achieving 79% of total exports. Spain (X units), Portugal (X units), Denmark (X units), Italy (X units), Hungary (X units) and the Czech Republic (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Greece (with a CAGR of +39.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest manicure or pedicure sets supplier in the European Union, comprising 37% of total exports. The second position in the ranking was taken by Poland ($X), with a 14% share of total exports. It was followed by France, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Germany totaled -2.2%. In the other countries, the average annual rates were as follows: Poland (+14.3% per year) and France (+4.2% per year).

Export Prices by Country

The export price in the European Union stood at $X per unit in 2022, waning by -1.8% against the previous year. Over the period under review, the export price showed a mild curtailment. The pace of growth was the most pronounced in 2018 an increase of 8.6%. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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 ($X per unit), while Greece ($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 the EU

In 2022, the amount of manicure or pedicure sets and instruments imported in the European Union reached X units, growing by 5.7% against 2021 figures. The total import volume increased at an average annual rate of +3.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 13% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, manicure or pedicure sets imports fell to $X in 2022. The total import value increased at an average annual rate of +2.2% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 21%. As a result, imports reached the peak of $X, and then dropped in the following year.

Imports by Country

In 2022, Germany (X units), France (X units), the Netherlands (X units), Poland (X units), Greece (X units), Italy (X units), Spain (X units) and Portugal (X units) represented the largest importer of manicure or pedicure sets and instruments in the European Union, committing 78% of total import. The following importers - Belgium (X units), Hungary (X units), the Czech Republic (X units), Romania (X units) and Sweden (X units) - together made up 13% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Greece (with a CAGR of +19.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Poland ($X) were the countries with the highest levels of imports in 2022, with a combined 43% share of total imports.

Poland, with a CAGR of +10.6%, recorded the highest growth rate of the value of imports, among the main importing countries 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 the European Union stood at $X per unit in 2022, waning by -7.1% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 6.7% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 Germany ($X per unit), while Greece ($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

Frequently Asked Questions (FAQ) :