Middle East: Market for Manicure Or Pedicure Preparations 2024

Market Size for Manicure Or Pedicure Preparations in the Middle East

The Middle Eastern manicure or pedicure preparations market declined significantly to $X in 2022, reducing by -30.6% against the previous year. Over the period under review, consumption, however, posted a buoyant increase. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Manicure Or Pedicure Preparations in the Middle East

In value terms, manicure or pedicure preparations production contracted markedly to $X in 2022 estimated in export price. Overall, production, however, enjoyed a perceptible expansion. The pace of growth appeared the most rapid in 2019 with an increase of 69%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Exports of Manicure Or Pedicure Preparations

Exports in the Middle East

In 2022, overseas shipments of manicure or pedicure preparations increased by 4.4% to X tons, rising for the second consecutive year after three years of decline. Overall, exports, however, saw a perceptible decrease. The pace of growth was the most pronounced in 2021 when exports increased by 72%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, manicure or pedicure preparations exports rose markedly to $X in 2022. In general, exports, however, showed a pronounced downturn. The most prominent rate of growth was recorded in 2021 with an increase of 29%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Turkey dominates exports structure, accounting for X tons, which was near 89% of total exports in 2022. It was distantly followed by the United Arab Emirates (X tons), mixing up an 8.2% share of total exports.

Turkey was also the fastest-growing in terms of the manicure or pedicure preparations exports, with a CAGR of -2.4% from 2012 to 2022. The United Arab Emirates (-4.1%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Turkey increased by +3.9 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest manicure or pedicure preparations supplier in the Middle East, comprising 83% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 13% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Turkey stood at -5.3%.

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, with an increase of 6% against the previous year. Overall, the export price, however, saw a mild downturn. The growth pace was the most rapid in 2017 an increase of 9.2% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Turkey totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+6.5%).

Imports of Manicure Or Pedicure Preparations

Imports in the Middle East

In 2022, the amount of manicure or pedicure preparations imported in the Middle East shrank to X tons, dropping by -10.7% against the previous year's figure. In general, imports recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 32%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, manicure or pedicure preparations imports fell to $X in 2022. Over the period under review, imports recorded a mild contraction. The pace of growth was the most pronounced in 2013 with an increase of 25%. The level of import peaked at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

Saudi Arabia represented the largest importer of manicure or pedicure preparations in the Middle East, with the volume of imports resulting at X tons, which was approx. 33% of total imports in 2022. The United Arab Emirates (X tons) took the second position in the ranking, followed by Yemen (X tons), Turkey (X tons), Iraq (X tons), Kuwait (X tons) and Israel (X tons). All these countries together took near 54% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Yemen (with a CAGR of +16.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), the United Arab Emirates ($X) and Israel ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising 60% of total imports. Turkey, Kuwait, Iraq and Yemen lagged somewhat behind, together comprising a further 25%.

Among the main importing countries, Yemen, with a CAGR of +11.9%, saw 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

The import price in the Middle East stood at $X per ton in 2022, rising by 7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2014 an increase of 19%. The level of import peaked at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iraq (+5.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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