Southern Asia: Eye Make-Up Preparations Market 2024

Eye Make-Up Preparations Market Size in Southern Asia

The South Asian eye make-up preparations market contracted to $X in 2022, declining by -2.2% against the previous year. Overall, consumption showed a buoyant increase. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Eye Make-Up Preparations Production in Southern Asia

In value terms, eye make-up preparations production contracted to $X in 2022 estimated in export price. Over the period under review, production enjoyed a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of 43%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Eye Make-Up Preparations Exports

Exports in Southern Asia

After two years of growth, shipments abroad of eye make-up preparations decreased by -19.7% to X tons in 2022. The total export volume increased at an average annual rate of +1.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 with an increase of 32%. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, eye make-up preparations exports rose remarkably to $X in 2022. In general, exports, however, posted a strong increase. The pace of growth appeared the most rapid in 2018 with an increase of 74% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Pakistan was the major exporter of eye make-up preparations in Southern Asia, with the volume of exports resulting at X tons, which was near 66% of total exports in 2022. It was distantly followed by India (X tons), constituting a 34% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Pakistan (with a CAGR of +8.1%).

In value terms, India ($X) and Pakistan ($X) were the countries with the highest levels of exports in 2022.

In terms of the main exporting countries, India, with a CAGR of +10.5%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, jumping by 32% against the previous year. In general, the export price recorded buoyant growth. The pace of growth was the most pronounced in 2017 when the export price increased by 37%. Over the period under review, the export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while Pakistan stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+16.0%).

Eye Make-Up Preparations Imports

Imports in Southern Asia

In 2022, approx. X tons of eye make-up preparations were imported in Southern Asia; growing by 13% compared with the previous year's figure. Over the period under review, imports posted buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 81%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, eye make-up preparations imports surged to $X in 2022. In general, imports posted prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 59% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

India was the key importer of eye make-up preparations in Southern Asia, with the volume of imports recording X tons, which was approx. 67% of total imports in 2022. It was distantly followed by Pakistan (X tons) and Bangladesh (X tons), together achieving a 28% share of total imports. Afghanistan (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to eye make-up preparations imports into India stood at +8.4%. At the same time, Bangladesh (+29.7%), Afghanistan (+28.9%) and Pakistan (+9.1%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +29.7% from 2012-2022. From 2012 to 2022, the share of Bangladesh and Afghanistan increased by +3.8 and +2.8 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported eye make-up preparations in Southern Asia, comprising 86% of total imports. The second position in the ranking was taken by Pakistan ($X), with a 5.1% share of total imports. It was followed by Bangladesh, with a 3.8% share.

In India, eye make-up preparations imports expanded at an average annual rate of +15.0% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Pakistan (+7.9% per year) and Bangladesh (+20.9% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, growing by 3% against the previous year. Over the period under review, the import price continues to indicate a temperate increase. The most prominent rate of growth was recorded in 2015 an increase of 27% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was India ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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