Japan: Eye Make-Up Preparations Market 2024

Eye Make-Up Preparations Market Size in Japan

The Japanese eye make-up preparations market rose markedly to $X in 2022, growing by 5.2% against the previous year. Overall, consumption showed prominent growth. Eye make-up preparations consumption peaked in 2022 and is likely to continue growth in the near future.

Eye Make-Up Preparations Production in Japan

In value terms, eye make-up preparations production stood at $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by 45% against the previous year. Over the period under review, production hit record highs at $X in 2020; afterwards, it flattened through to 2022.

Eye Make-Up Preparations Exports

Exports from Japan

In 2022, eye make-up preparations exports from Japan reduced to X tons, waning by -10.9% compared with the year before. Over the period under review, total exports indicated a perceptible increase from 2012 to 2022: its volume increased at an average annual rate of +3.6% 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 +6.5% against 2020 indices. The most prominent rate of growth was recorded in 2015 when exports increased by 21%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, eye make-up preparations exports declined notably to $X in 2022. In general, exports, however, recorded strong growth. The most prominent rate of growth was recorded in 2016 when exports increased by 32% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

China (X tons), the United States (X tons) and South Korea (X tons) were the main destinations of eye make-up preparations exports from Japan, with a combined 50% share of total exports. Taiwan (Chinese), Hong Kong SAR, Singapore, France, Germany, Belgium, the UK, Thailand, Canada and Myanmar lagged somewhat behind, together accounting for a further 43%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Myanmar (with a CAGR of +75.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for eye make-up preparations exported from Japan were China ($X), the United States ($X) and Hong Kong SAR ($X), with a combined 59% share of total exports. South Korea, Taiwan (Chinese), France, Singapore, Germany, Belgium, the UK, Canada, Thailand and Myanmar lagged somewhat behind, together accounting for a further 36%.

Myanmar, with a CAGR of +58.1%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average eye make-up preparations export price stood at $X per ton in 2022, falling by -15% against the previous year. Over the period under review, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when the average export price increased by 22% against the previous year. The export price peaked at $X per ton in 2021, and then declined rapidly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Myanmar ($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 Hong Kong SAR (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.

Eye Make-Up Preparations Imports

Imports into Japan

In 2022, the amount of eye make-up preparations imported into Japan skyrocketed to X tons, with an increase of 16% against 2021 figures. Overall, imports enjoyed a resilient increase. The pace of growth appeared the most rapid in 2019 with an increase of 32%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, eye make-up preparations imports amounted to $X in 2022. Over the period under review, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 25%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the near future.

Imports by Country

China (X tons), South Korea (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of eye make-up preparations imports to Japan, together accounting for 81% of total imports.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +14.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest eye make-up preparations suppliers to Japan were South Korea ($X), China ($X) and France ($X), with a combined 71% share of total imports.

South Korea, with a CAGR of +18.3%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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 eye make-up preparations import price amounted to $X per ton, shrinking by -10.3% against the previous year. In general, the import price showed a noticeable slump. The growth pace was the most rapid in 2021 when the average import price increased by 20%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 United States ($X per ton), while the price for China ($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 United States (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :