Russian Federation: Market for Manicure Or Pedicure Preparations 2024

Market Size for Manicure Or Pedicure Preparations in the Russian Federation

In 2022, the Russian manicure or pedicure preparations market increased by 9.4% to $X, rising for the sixth consecutive year after four years of decline. Overall, consumption continues to indicate a pronounced increase. Manicure or pedicure preparations consumption peaked in 2022 and is expected to retain growth in years to come.

Production of Manicure Or Pedicure Preparations in the Russian Federation

In value terms, manicure or pedicure preparations production reached $X in 2022 estimated in export price. In general, production saw tangible growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by 104%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Manicure Or Pedicure Preparations

Exports from the Russian Federation

In 2022, the amount of manicure or pedicure preparations exported from Russia skyrocketed to X tons, increasing by 34% compared with 2021. In general, total exports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +9.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.9% against 2018 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, manicure or pedicure preparations exports totaled $X in 2022. Over the period under review, exports showed buoyant growth. The pace of growth appeared the most rapid in 2019 when exports increased by 57%. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Belarus (X tons) was the main destination for manicure or pedicure preparations exports from Russia, accounting for a 60% share of total exports. Moreover, manicure or pedicure preparations exports to Belarus exceeded the volume sent to the second major destination, Kazakhstan (X tons), fourfold. Ukraine (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belarus amounted to +32.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (-4.4% per year) and Ukraine (+11.0% per year).

In value terms, Belarus ($X) remains the key foreign market for manicure or pedicure preparations exports from Russia, comprising 33% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a 14% share of total exports. It was followed by Ukraine, with a 13% share.

From 2012 to 2022, the average annual growth rate of value to Belarus amounted to +26.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+4.0% per year) and Ukraine (+2.3% per year).

Export Prices by Country

The average manicure or pedicure preparations export price stood at $X per ton in 2022, dropping by -24.1% against the previous year. In general, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when the average export price increased by 26%. Over the period under review, the average export prices reached the maximum at $X per ton in 2021, and then fell markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Uzbekistan ($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 Kazakhstan (+8.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Manicure Or Pedicure Preparations

Imports into the Russian Federation

Manicure or pedicure preparations imports into Russia fell to X tons in 2022, which is down by -8.3% on the previous year. Overall, imports saw a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 27%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, manicure or pedicure preparations imports fell to $X in 2022. Over the period under review, imports saw a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 40% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest manicure or pedicure preparations supplier to Russia, accounting for a 52% share of total imports. Moreover, manicure or pedicure preparations imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), sixfold. Poland (X tons) ranked third in terms of total imports with an 8.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +10.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-21.2% per year) and Poland (-5.5% per year).

In value terms, China ($X) constituted the largest supplier of manicure or pedicure preparations to Russia, comprising 33% of total imports. The second position in the ranking was held by France ($X), with a 15% share of total imports. It was followed by Poland, with a 13% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +8.5%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-10.6% per year) and Poland (+1.8% per year).

Import Prices by Country

The average manicure or pedicure preparations import price stood at $X per ton in 2022, waning by -6.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 23%. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+22.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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