Luxembourg: Market for Manicure Or Pedicure Preparations 2024

Market Size for Manicure Or Pedicure Preparations in Luxembourg

The Luxembourg manicure or pedicure preparations market reduced to $X in 2022, shrinking by -8.7% against the previous year. Over the period under review, consumption continues to indicate a deep setback. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Production of Manicure Or Pedicure Preparations in Luxembourg

In value terms, manicure or pedicure preparations production amounted to less than $X in 2022 estimated in export price. Overall, production, however, showed a sharp decrease. The growth pace was the most rapid in 2013 with an increase of 27%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Exports of Manicure Or Pedicure Preparations

Exports from Luxembourg

In 2022, manicure or pedicure preparations exports from Luxembourg expanded remarkably to X tons, with an increase of 7% compared with the previous year. Over the period under review, exports, however, showed a noticeable reduction. The pace of growth was the most pronounced in 2013 when exports increased by 21% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, manicure or pedicure preparations exports fell notably to $X in 2022. In general, exports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when exports increased by 28% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for manicure or pedicure preparations exports from Luxembourg, accounting for a 69% share of total exports. Moreover, manicure or pedicure preparations exports to Germany exceeded the volume sent to the second major destination, Hungary (X tons), ninefold. The third position in this ranking was taken by Italy (X tons), with a 4.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany totaled +1.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+21.8% per year) and Italy (-4.3% per year).

In value terms, Germany ($X) remains the key foreign market for manicure or pedicure preparations exports from Luxembourg, comprising 56% of total exports. The second position in the ranking was taken by Hungary ($X), with a 9.1% share of total exports. It was followed by Italy, with a 5.9% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to -10.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+15.2% per year) and Italy (-11.0% per year).

Export Prices by Country

In 2022, the average manicure or pedicure preparations export price amounted to $X per ton, with a decrease of -27.1% against the previous year. In general, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2013 an increase of 6.1%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Germany ($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 Poland (+14.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Manicure Or Pedicure Preparations

Imports into Luxembourg

In 2022, the amount of manicure or pedicure preparations imported into Luxembourg dropped to X tons, falling by -3.1% on the previous year's figure. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 351%. Imports peaked at X tons in 2021, and then contracted slightly in the following year.

In value terms, manicure or pedicure preparations imports shrank to $X in 2022. Over the period under review, total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -16.4% against 2019 indices. The growth pace was the most rapid in 2014 with an increase of 71%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) was the main manicure or pedicure preparations supplier to Luxembourg, accounting for a 96% share of total imports. It was followed by France (X tons), with a 1.2% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at +60.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+10.5% per year) and Belgium (-13.7% per year).

In value terms, Germany ($X) constituted the largest supplier of manicure or pedicure preparations to Luxembourg, comprising 61% of total imports. The second position in the ranking was taken by France ($X), with a 15% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Germany totaled +26.4%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+0.2% per year) and Belgium (-8.1% per year).

Import Prices by Country

In 2022, the average manicure or pedicure preparations import price amounted to $X per ton, waning by -11.9% against the previous year. Over the period under review, the import price continues to indicate a sharp shrinkage. The pace of growth was the most pronounced in 2017 when the average import price increased by 82% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+6.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :