Israel: Lip Make-Up Preparations Market 2024

Lip Make-Up Preparations Market Size in Israel

The Israeli lip make-up preparations market reduced to $X in 2022, waning by -13.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Lip Make-Up Preparations Exports

Exports from Israel

In 2022, overseas shipments of lip make-up preparations increased by 269% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports recorded a resilient increase. The most prominent rate of growth was recorded in 2016 when exports increased by 374%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, lip make-up preparations exports surged to $X in 2022. Overall, exports saw a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of 343%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X tons) was the main destination for lip make-up preparations exports from Israel, accounting for a 34% share of total exports. Moreover, lip make-up preparations exports to the UK exceeded the volume sent to the second major destination, Australia (X tons), twofold. The third position in this ranking was held by the United States (X tons), with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK totaled +29.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+5,500.0% per year) and the United States (+6.6% per year).

In value terms, the UK ($X) emerged as the key foreign market for lip make-up preparations exports from Israel, comprising 34% of total exports. The second position in the ranking was taken by Australia ($X), with a 16% share of total exports. It was followed by the United States, with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK totaled +33.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+4,565.3% per year) and the United States (+9.9% per year).

Export Prices by Country

The average lip make-up preparations export price stood at $X per ton in 2022, reducing by -2.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. The most prominent rate of growth was recorded in 2017 when the average export price increased by 25%. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then declined slightly in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to China ($X per ton) and Italy ($X per ton), while the average price for exports to Belgium ($X per ton) and Australia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.

Lip Make-Up Preparations Imports

Imports into Israel

In 2022, the amount of lip make-up preparations imported into Israel declined to X tons, dropping by -5.3% on the previous year. Overall, imports recorded a perceptible decline. The most prominent rate of growth was recorded in 2016 with an increase of 40%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, lip make-up preparations imports contracted to $X in 2022. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), Italy (X tons) and France (X tons) were the main suppliers of lip make-up preparations imports to Israel, with a combined 54% share of total imports. Germany, the United States, Belgium, Poland, Canada, Turkey, Luxembourg, South Korea and the UK lagged somewhat behind, together comprising a further 43%.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of +33.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Italy ($X) and France ($X) constituted the largest lip make-up preparations suppliers to Israel, with a combined 54% share of total imports. Germany, the United States, Belgium, Poland, Canada, Turkey, Luxembourg, South Korea and the UK lagged somewhat behind, together comprising a further 43%.

Among the main suppliers, Canada, with a CAGR of +37.8%, 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 2022, the average lip make-up preparations import price amounted to $X per ton, waning by -3.6% against the previous year. Over the last decade, it increased at an average annual rate of +3.1%. The most prominent rate of growth was recorded in 2015 an increase of 18%. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Canada ($X per ton) and Germany ($X per ton), while the price for South Korea ($X per ton) and Luxembourg ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :