SADC: Market for Manicure Or Pedicure Preparations 2024

Market Size for Manicure Or Pedicure Preparations in SADC

In 2021, the SADC manicure or pedicure preparations market increased by 34% to $X for the first time since 2014, thus ending a six-year declining trend. In general, consumption, however, saw a perceptible downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Manicure Or Pedicure Preparations in SADC

In value terms, manicure or pedicure preparations production fell to $X in 2021 estimated in export price. Overall, production continues to indicate a noticeable reduction. The growth pace was the most rapid in 2015 when the production volume increased by 28%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Manicure Or Pedicure Preparations

Exports in SADC

In 2021, the amount of manicure or pedicure preparations exported in SADC contracted markedly to X tons, waning by -48% on 2020 figures. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 111%. As a result, the exports reached the peak of X tons, and then shrank markedly in the following year.

In value terms, manicure or pedicure preparations exports fell significantly to $X in 2021. Overall, exports saw a abrupt downturn. The pace of growth appeared the most rapid in 2020 with an increase of 36%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The shipments of the one major exporters of manicure or pedicure preparations, namely South Africa, represented more than two-thirds of total export.

South Africa experienced a relatively flat trend pattern with regard to volume of exports of manicure or pedicure preparations. While the share of South Africa (+3 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest manicure or pedicure preparations supplier in SADC.

From 2012 to 2021, the average annual growth rate of value in South Africa amounted to -9.1%.

Export Prices by Country

In 2021, the export price in SADC amounted to $X per ton, picking up by 28% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt slump. Over the period under review, the export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2021, the rate of growth in terms of prices for South Africa amounted to -9.5% per year.

Imports of Manicure Or Pedicure Preparations

Imports in SADC

In 2021, purchases abroad of manicure or pedicure preparations was finally on the rise to reach X tons for the first time since 2016, thus ending a four-year declining trend. In general, imports, however, saw a slight shrinkage. The volume of import peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, manicure or pedicure preparations imports surged to $X in 2021. Overall, imports, however, recorded a perceptible reduction. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

South Africa represented the major importing country with an import of about X tons, which resulted at 63% of total imports. Zimbabwe (X tons) took a 13% share (based on physical terms) of total imports, which put it in second place, followed by Botswana (7.1%). Namibia (X tons), Madagascar (X tons), Democratic Republic of the Congo (X tons) and Mauritius (X tons) held a minor share of total imports.

Imports into South Africa increased at an average annual rate of +1.2% from 2012 to 2021. At the same time, Zimbabwe (+18.8%) and Madagascar (+3.9%) displayed positive paces of growth. Moreover, Zimbabwe emerged as the fastest-growing importer imported in SADC, with a CAGR of +18.8% from 2012-2021. Mauritius experienced a relatively flat trend pattern. By contrast, Democratic Republic of the Congo (-6.8%), Namibia (-6.9%) and Botswana (-8.8%) illustrated a downward trend over the same period. From 2012 to 2021, the share of South Africa and Zimbabwe increased by +12 and +11 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported manicure or pedicure preparations in SADC, comprising 68% of total imports. The second position in the ranking was taken by Zimbabwe ($X), with a 10% share of total imports. It was followed by Botswana, with a 4.5% share.

In South Africa, manicure or pedicure preparations imports contracted by an average annual rate of -2.2% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Zimbabwe (+18.6% per year) and Botswana (-15.7% per year).

Import Prices by Country

The import price in SADC stood at $X per ton in 2021, dropping by -6.1% against the previous year. Over the period under review, the import price showed a noticeable contraction. The pace of growth appeared the most rapid in 2015 when the import price increased by 37% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Mauritius ($X per ton), while Madagascar ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Madagascar (+2.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform