Report Ghana - Eye Make-Up Preparations - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Ghana - Eye Make-Up Preparations - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Eye Make-Up Preparations Market 2024

Eye Make-Up Preparations Market Size in Ghana

After two years of decline, the Ghanian eye make-up preparations market increased by 83% to $X in 2022. Over the period under review, consumption continues to indicate significant growth. Eye make-up preparations consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Eye Make-Up Preparations Exports

Exports from Ghana

In 2022, after three years of growth, there was significant decline in overseas shipments of eye make-up preparations, when their volume decreased by -50.5% to X kg. Over the period under review, exports, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 395%. As a result, the exports reached the peak of X kg, and then reduced markedly in the following year.

In value terms, eye make-up preparations exports dropped notably to $X in 2022. In general, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 when exports increased by 211% against the previous year. As a result, the exports reached the peak of $X, and then declined rapidly in the following year.

Exports by Country

The Netherlands (X kg) and Switzerland (X kg) were the main destinations of eye make-up preparations exports from Ghana.

From 2012 to 2022, the biggest increases were recorded for Switzerland (with a CAGR of +33.4%).

In value terms, the Netherlands ($X) remains the key foreign market for eye make-up preparations exports from Ghana, comprising 47% of total exports. The second position in the ranking was held by Switzerland ($X), with a 5.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands totaled +20.9%.

Export Prices by Country

The average eye make-up preparations export price stood at $X per ton in 2022, surging by 33% against the previous year. Overall, the export price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2018 an increase of 199% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Switzerland amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (+38.8%), while the prices for the other major destinations experienced more modest paces of growth.

Eye Make-Up Preparations Imports

Imports into Ghana

In 2022, purchases abroad of eye make-up preparations increased by 86% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2014 when imports increased by 360% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, eye make-up preparations imports surged to $X in 2022. Overall, imports enjoyed significant growth. The pace of growth was the most pronounced in 2014 with an increase of 401%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

India (X tons), China (X tons) and the UK (X tons) were the main suppliers of eye make-up preparations imports to Ghana, together accounting for 95% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +20.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X) constituted the largest supplier of eye make-up preparations to Ghana, comprising 56% of total imports. The second position in the ranking was taken by the UK ($X), with an 18% share of total imports. It was followed by China, with a 13% share.

From 2012 to 2022, the average annual growth rate of value from India stood at +17.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+26.0% per year) and China (-9.6% per year).

Import Prices by Country

The average eye make-up preparations import price stood at $X per ton in 2022, shrinking by -27.7% against the previous year. Over the period under review, the import price saw a pronounced contraction. The most prominent rate of growth was recorded in 2016 an increase of 63%. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+6.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were China, the United States and Russia, with a combined 34% share of global consumption. These countries were followed by Japan, Pakistan, the UK, Mexico, Canada, Italy, Germany, Thailand and Argentina, which together accounted for a further 30%.
The country with the largest volume of eye make-up preparations production was China, comprising approx. 40% of total volume. Moreover, eye make-up preparations production in China exceeded the figures recorded by the second-largest producer, Italy, sixfold. The third position in this ranking was occupied by the United States, with a 6.8% share.
In value terms, India constituted the largest supplier of eye make-up preparations to Ghana.
In 2021, the average eye make-up preparations export price amounted to $81,400 per ton, with an increase of 662% against the previous year.
The average eye make-up preparations import price stood at $7,670 per ton in 2021, reducing by -34.5% against the previous year.

This report provides an in-depth analysis of the eye make-up preparations market in Ghana. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20421270 - Eye make-up preparations

Country coverage:

  • Ghana

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Ghana
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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