Northern America: Eye Make-Up Preparations Market 2024

Eye Make-Up Preparations Market Size in Northern America

The North American eye make-up preparations market declined to $X in 2022, waning by -8.5% against the previous year. In general, consumption, however, posted a strong expansion. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Eye Make-Up Preparations Production in Northern America

In value terms, eye make-up preparations production shrank remarkably to $X in 2022 estimated in export price. In general, production, however, saw a tangible increase. The pace of growth was the most pronounced in 2021 with an increase of 65% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Eye Make-Up Preparations Exports

Exports in Northern America

In 2022, overseas shipments of eye make-up preparations increased by 3% to X tons, rising for the second year in a row after three years of decline. In general, exports, however, continue to indicate a slight setback. The growth pace was the most rapid in 2015 when exports increased by 17%. The volume of export peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, eye make-up preparations exports rose significantly to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 14%. The level of export peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

The United States was the major exporting country with an export of about X tons, which finished at 81% of total exports. It was distantly followed by Canada (X tons), committing a 19% share of total exports.

The United States experienced a relatively flat trend pattern with regard to volume of exports of eye make-up preparations. Canada (-5.0%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United States increased by +9.1 percentage points.

In value terms, the United States ($X) remains the largest eye make-up preparations supplier in Northern America, comprising 80% of total exports. The second position in the ranking was held by Canada ($X), with a 20% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the United States amounted to +1.9%.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2022, growing by 7.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The pace of growth appeared the most rapid in 2014 when the export price increased by 11% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the United States totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+2.6%).

Eye Make-Up Preparations Imports

Imports in Northern America

In 2022, overseas purchases of eye make-up preparations decreased by -13.4% to X tons for the first time since 2019, thus ending a two-year rising trend. Total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of +5.0% 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 +41.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 61%. As a result, imports reached the peak of X tons, and then declined in the following year.

In value terms, eye make-up preparations imports expanded significantly to $X in 2022. Total imports indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +4.4% 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 +29.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 19%. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United States represented the major importer of eye make-up preparations in Northern America, with the volume of imports reaching X tons, which was approx. 86% of total imports in 2022. It was distantly followed by Canada (X tons), comprising a 14% share of total imports.

The United States was also the fastest-growing in terms of the eye make-up preparations imports, with a CAGR of +5.8% from 2012 to 2022. At the same time, Canada (+1.0%) displayed positive paces of growth. While the share of the United States (+6.4 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Canada (-6.5 p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported eye make-up preparations in Northern America, comprising 81% of total imports. The second position in the ranking was taken by Canada ($X), with a 19% share of total imports.

In the United States, eye make-up preparations imports increased at an average annual rate of +4.5% over the period from 2012-2022.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2022, with an increase of 25% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. Over the period under review, import prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per ton), while the United States totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+2.8%).

Source: IndexBox Platform

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