Slovakia: Market for Manicure Or Pedicure Preparations 2024

Market Size for Manicure Or Pedicure Preparations in Slovakia

In 2021, the Slovak manicure or pedicure preparations market decreased by -1.1% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption, however, continues to indicate a slight curtailment. Manicure or pedicure preparations consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Manicure Or Pedicure Preparations in Slovakia

In value terms, manicure or pedicure preparations production declined slightly to $X in 2021 estimated in export price. In general, production, however, showed a pronounced decline. The most prominent rate of growth was recorded in 2014 when the production volume increased by 17% against the previous year. Manicure or pedicure preparations production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Manicure Or Pedicure Preparations

Exports from Slovakia

Manicure or pedicure preparations exports from Slovakia soared to X tons in 2021, picking up by 342% compared with the previous year. Over the period under review, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, manicure or pedicure preparations exports skyrocketed to $X in 2021. In general, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2017 when exports increased by 183% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

The UK (X tons), Germany (X tons) and Italy (X tons) were the main destinations of manicure or pedicure preparations exports from Slovakia, together accounting for 63% of total exports. The Netherlands, the Czech Republic, Poland, Hungary, Austria, Romania and Croatia lagged somewhat behind, together accounting for a further 34%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +126,316.7%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and the Czech Republic ($X) constituted the largest markets for manicure or pedicure preparations exported from Slovakia worldwide, together accounting for 62% of total exports. These countries were followed by the UK, Austria, Poland, Hungary, the Netherlands, Croatia and Romania, which together accounted for a further 34%.

In terms of the main countries of destination, the Netherlands, with a CAGR of +14,360.1%, recorded 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

The average manicure or pedicure preparations export price stood at $X per ton in 2021, falling by -52.4% against the previous year. Overall, the export price recorded a abrupt setback. The pace of growth was the most pronounced in 2017 when the average export price increased by 41% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+6.2%), while the prices for the other major destinations experienced a decline.

Imports of Manicure Or Pedicure Preparations

Imports into Slovakia

In 2021, purchases abroad of manicure or pedicure preparations increased by 38% to X tons, rising for the second year in a row after four years of decline. Overall, total imports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +5.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +103.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 48%. Imports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, manicure or pedicure preparations imports skyrocketed to $X in 2021. In general, total imports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +8.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +81.7% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the Czech Republic (X tons) constituted the largest manicure or pedicure preparations supplier to Slovakia, with a 38% share of total imports. Moreover, manicure or pedicure preparations imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Poland (X tons), twofold. Germany (X tons) ranked third in terms of total imports with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Czech Republic stood at +26.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+24.2% per year) and Germany (-6.1% per year).

In value terms, the Czech Republic ($X) constituted the largest supplier of manicure or pedicure preparations to Slovakia, comprising 48% of total imports. The second position in the ranking was held by Germany ($X), with a 12% share of total imports. It was followed by Poland, with a 9.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Czech Republic amounted to +35.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-0.4% per year) and Poland (+27.0% per year).

Import Prices by Country

The average manicure or pedicure preparations import price stood at $X per ton in 2021, increasing by 13% against the previous year. Over the period under review, import price indicated a noticeable increase from 2012 to 2021: its price increased at an average annual rate of +2.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, manicure or pedicure preparations import price decreased by -11.6% against 2017 indices. The growth pace was the most rapid in 2014 an increase of 64%. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Spain ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+32.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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