New Zealand: Lip Make-Up Preparations Market 2024

Lip Make-Up Preparations Market Size in New Zealand

The New Zealand lip make-up preparations market reduced slightly to $X in 2022, which is down by -4% 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). Overall, the total consumption indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +3.4% against 2020 indices. Lip make-up preparations consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Lip Make-Up Preparations Exports

Exports from New Zealand

In 2022, the amount of lip make-up preparations exported from New Zealand soared to X tons, with an increase of 19% against the previous year's figure. Overall, exports saw a resilient increase. The most prominent rate of growth was recorded in 2015 with an increase of 162%. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, lip make-up preparations exports soared to $X in 2022. Over the period under review, exports enjoyed a significant increase. The growth pace was the most rapid in 2015 with an increase of 245%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Germany (X tons), Australia (X tons) and the United States (X tons) were the main destinations of lip make-up preparations exports from New Zealand, with a combined 85% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +66.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Australia ($X) and the United States ($X) constituted the largest markets for lip make-up preparations exported from New Zealand worldwide, with a combined 85% share of total exports.

In terms of the main countries of destination, Germany, with a CAGR of +58.6%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average lip make-up preparations export price amounted to $X per ton, increasing by 17% against the previous year. In general, the export price continues to indicate notable growth. The pace of growth was the most pronounced in 2013 when the average export price increased by 62%. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to French Polynesia ($X per ton) and Japan ($X per ton), while the average price for exports to Hong Kong SAR ($X per ton) and Singapore ($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 Australia (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.

Lip Make-Up Preparations Imports

Imports into New Zealand

In 2022, purchases abroad of lip make-up preparations increased by 0.7% to X tons, rising for the second year in a row after four years of decline. Over the period under review, total imports indicated a notable expansion from 2012 to 2022: its volume increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +3.2% against 2020 indices. The growth pace was the most rapid in 2015 when imports increased by 62%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, lip make-up preparations imports fell modestly to $X in 2022. In general, total imports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +11.1% against 2020 indices. The pace of growth appeared the most rapid in 2016 with an increase of 22%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest lip make-up preparations supplier to New Zealand, accounting for a 31% share of total imports. Moreover, lip make-up preparations imports from the United States exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. France (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled +7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+28.6% per year) and France (+6.8% per year).

In value terms, the United States ($X) constituted the largest supplier of lip make-up preparations to New Zealand, comprising 31% of total imports. The second position in the ranking was held by Italy ($X), with a 13% share of total imports. It was followed by France, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled +3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+24.4% per year) and France (+2.6% per year).

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. Overall, the import price continues to indicate a slight contraction. The growth pace was the most rapid in 2017 an increase of 12%. The import price peaked at $X per ton in 2014; however, from 2015 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 the UK ($X per ton) and Taiwan (Chinese) ($X per ton), while the price for South Korea ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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