Luxembourg: Eye Make-Up Preparations Market 2024

Eye Make-Up Preparations Market Size in Luxembourg

The Luxembourg eye make-up preparations market shrank rapidly to $X in 2022, waning by -74.1% against the previous year. In general, consumption, however, showed a strong increase. Eye make-up preparations consumption peaked at $X in 2021, and then contracted rapidly in the following year.

Eye Make-Up Preparations Production in Luxembourg

In value terms, eye make-up preparations production declined to $X in 2022 estimated in export price. Over the period under review, production, however, showed a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 256%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Eye Make-Up Preparations Exports

Exports from Luxembourg

In 2022, after two years of decline, there was significant growth in shipments abroad of eye make-up preparations, when their volume increased by 366% to X tons. In general, exports saw strong growth. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, eye make-up preparations exports surged to $X in 2022. Overall, exports showed perceptible growth. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Poland (X tons) was the main destination for eye make-up preparations exports from Luxembourg, with a 83% share of total exports. Moreover, eye make-up preparations exports to Poland exceeded the volume sent to the second major destination, Iran (X tons), more than tenfold. The third position in this ranking was taken by France (X tons), with a 3.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Poland stood at +43.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iran (+272.3% per year) and France (+1.4% per year).

In value terms, Poland ($X) remains the key foreign market for eye make-up preparations exports from Luxembourg, comprising 59% of total exports. The second position in the ranking was held by Ireland ($X), with an 11% share of total exports. It was followed by France, with a 9.2% share.

From 2012 to 2022, the average annual growth rate of value to Poland stood at +31.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (+76.5% per year) and France (+12.8% per year).

Export Prices by Country

The average eye make-up preparations export price stood at $X per ton in 2022, declining by -38.2% against the previous year. In general, the export price saw a deep contraction. The pace of growth appeared the most rapid in 2017 an increase of 33% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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 Ireland ($X per ton), while the average price for exports to Iran ($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 Ireland (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.

Eye Make-Up Preparations Imports

Imports into Luxembourg

In 2022, eye make-up preparations imports into Luxembourg contracted markedly to X tons, which is down by -20.2% on 2021. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when imports increased by 110% against the previous year. Over the period under review, imports attained the maximum at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, eye make-up preparations imports dropped to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 34%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

France (X tons), Belgium (X tons) and Germany (X tons) were the main suppliers of eye make-up preparations imports to Luxembourg, with a combined 83% share of total imports. China, Italy and Poland lagged somewhat behind, together accounting for a further 13%.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +34.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest eye make-up preparations suppliers to Luxembourg were France ($X), Belgium ($X) and Germany ($X), together comprising 91% of total imports. China, Italy and Poland lagged somewhat behind, together comprising a further 4.8%.

China, with a CAGR of +37.6%, recorded 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

The average eye make-up preparations import price stood at $X per ton in 2022, surging by 7.7% against the previous year. Over the period under review, the import price posted a modest increase. The most prominent rate of growth was recorded in 2018 an increase of 55%. Over the period under review, average import prices attained the peak figure at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+19.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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