GCC: Powder-Puffs And Pads Market 2024

Powder-Puffs And Pads Market Size in GCC

The GCC powder-puffs and pads market skyrocketed to $X in 2021, rising by 21% against the previous year. Over the period under review, consumption saw a temperate expansion. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Powder-Puffs And Pads Production in GCC

In value terms, powder-puffs and pads production skyrocketed to $X in 2021 estimated in export price. In general, production showed significant growth. The most prominent rate of growth was recorded in 2015 when the production volume increased by 24,320% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Powder-Puffs And Pads Exports

Exports in GCC

Powder-puffs and pads exports declined modestly to X tons in 2021, waning by -3% compared with the previous year's figure. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 4,018% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, powder-puffs and pads exports totaled $X in 2021. Overall, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2017 with an increase of 1,853% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates dominates exports structure, recording X tons, which was near 90% of total exports in 2021. It was distantly followed by Oman (X tons), achieving a 7.9% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to powder-puffs and pads exports from the United Arab Emirates stood at +37.8%. At the same time, Oman (+63.0%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in GCC, with a CAGR of +63.0% from 2012-2021. From 2012 to 2021, the share of the United Arab Emirates and Oman increased by +14 and +6.4 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest powder-puffs and pads supplier in GCC, comprising 80% of total exports. The second position in the ranking was held by Oman ($X), with an 11% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in the United Arab Emirates amounted to +26.9%.

Export Prices by Country

In 2021, the export price in GCC amounted to $X per ton, increasing by 9.6% against the previous year. In general, the export price, however, continues to indicate a abrupt descent. The growth pace was the most rapid in 2018 when the export price increased by 39% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Oman ($X per ton), while the United Arab Emirates totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Oman (-1.4%).

Powder-Puffs And Pads Imports

Imports in GCC

Powder-puffs and pads imports skyrocketed to X tons in 2021, growing by 19% compared with the previous year's figure. Overall, imports showed buoyant growth. The pace of growth appeared the most rapid in 2017 when imports increased by 383% against the previous year. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, powder-puffs and pads imports rose sharply to $X in 2021. In general, imports saw a prominent expansion. The growth pace was the most rapid in 2015 with an increase of 271% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United Arab Emirates (X tons), Oman (X tons) and Saudi Arabia (X tons) represented the key importer of powder-puffs and pads for the application of cosmetics or toilet preparations in GCC, generating 91% of total import. The following importers - Kuwait (X tons) and Qatar (X tons) - each recorded an 8.1% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Oman (with a CAGR of +57.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest powder-puffs and pads importing markets in GCC were the United Arab Emirates ($X), Saudi Arabia ($X) and Oman ($X), together comprising 87% of total imports.

In terms of the main importing countries, Oman, with a CAGR of +37.1%, recorded the highest growth rate of 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

In 2021, the import price in GCC amounted to $X per ton, which is down by -5.8% against the previous year. Over the period under review, the import price, however, posted a noticeable increase. The most prominent rate of growth was recorded in 2015 when the import price increased by 189%. The level of import peaked at $X per ton in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+4.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform