Slovenia: Cosmetics Market 2024

Cosmetics Market Size in Slovenia

After two years of growth, the Slovene cosmetics market decreased by X% to $X in 2022. Over the period under review, the total consumption indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2019 indices. Over the period under review, the market hit record highs at $X in 2021, and then contracted rapidly in the following year.

Cosmetics Production in Slovenia

In value terms, cosmetics production stood at $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Cosmetics Exports

Exports from Slovenia

In 2022, after three years of decline, there was significant growth in shipments abroad of cosmetics, when their volume increased by X% to X tons. Over the period under review, total exports indicated a notable increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, cosmetics exports expanded rapidly to $X in 2022. In general, exports showed a buoyant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

France (X tons), Germany (X tons) and Croatia (X tons) were the main destinations of cosmetics exports from Slovenia, together accounting for X% of total exports. Serbia, Spain, Hungary, Italy, Bosnia and Herzegovina, the Czech Republic, the Netherlands, Russia, Turkey and Greece lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hungary (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cosmetics exported from Slovenia were Croatia ($X), Germany ($X) and Hungary ($X), together accounting for X% of total exports. Italy, France, Serbia, the Czech Republic, Spain, the Netherlands, Bosnia and Herzegovina, Greece, Turkey and Russia lagged somewhat behind, together accounting for a further X%.

Italy, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cosmetics export price stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cosmetics export price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2021, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to Russia ($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 Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Cosmetics Imports

Imports into Slovenia

In 2022, cosmetics imports into Slovenia stood at X tons, increasing by X% on the previous year. In general, total imports indicated notable growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, cosmetics imports contracted modestly to $X in 2022. Overall, imports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2019 when imports increased by X%. Imports peaked at $X in 2021, and then fell modestly in the following year.

Imports by Country

Germany (X tons), Italy (X tons) and Croatia (X tons) were the main suppliers of cosmetics imports to Slovenia, with a combined X% share of total imports. Israel, Hungary, China, France, Slovakia, Poland, the Czech Republic, Austria, the United States and Spain lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cosmetics suppliers to Slovenia were Croatia ($X), Germany ($X) and Hungary ($X), together accounting for X% of total imports. France, Italy, Israel, China, Poland, the Czech Republic, Slovakia, Spain, the United States and Austria lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Slovakia, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cosmetics import price stood at $X per ton in 2022, which is down by X% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cosmetics import price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2021, and then dropped in the following year.

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 Croatia ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform