Spain: Eye Make-Up Preparations Market 2024

Eye Make-Up Preparations Market Size in Spain

The Spanish eye make-up preparations market soared to $X in 2022, growing by 33% against the previous year. Overall, the total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +6.4% 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 +72.2% against 2020 indices. Eye make-up preparations consumption peaked in 2022 and is likely to see gradual growth in years to come.

Eye Make-Up Preparations Production in Spain

In value terms, eye make-up preparations production rose significantly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2013 with an increase of 53% against the previous year. Eye make-up preparations production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Eye Make-Up Preparations Exports

Exports from Spain

In 2022, overseas shipments of eye make-up preparations increased by 6.3% to X tons, rising for the second year in a row after four years of decline. In general, total exports indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of +5.9% 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 +30.0% against 2020 indices. The pace of growth was the most pronounced in 2016 when exports increased by 90% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, eye make-up preparations exports rose rapidly to $X in 2022. Overall, exports enjoyed a strong increase. The pace of growth was the most pronounced in 2016 when exports increased by 76%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

France (X tons), Australia (X tons) and the United Arab Emirates (X tons) were the main destinations of eye make-up preparations exports from Spain, together comprising 40% of total exports. The UK, Germany, Italy, Portugal, South Africa, Argentina, Poland, Turkey, the United States and Russia lagged somewhat behind, together comprising a further 42%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +51.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for eye make-up preparations exported from Spain were France ($X), Germany ($X) and Australia ($X), together accounting for 36% of total exports. Italy, Portugal, the UK, Poland, the United Arab Emirates, Russia, Turkey, South Africa, the United States and Argentina lagged somewhat behind, together accounting for a further 46%.

Among the main countries of destination, Turkey, with a CAGR of +56.9%, recorded the highest growth rate of 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

In 2022, the average eye make-up preparations export price amounted to $X per ton, rising by 7.9% against the previous year. Overall, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, eye make-up preparations export price increased by +18.2% against 2020 indices. The pace of growth was the most pronounced in 2018 when the average export price increased by 37% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to the United Arab Emirates ($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 Portugal (+19.3%), while the prices for the other major destinations experienced more modest paces of growth.

Eye Make-Up Preparations Imports

Imports into Spain

In 2022, the amount of eye make-up preparations imported into Spain soared to X tons, growing by 44% against 2021 figures. Over the period under review, imports enjoyed a buoyant increase. The pace of growth was the most pronounced in 2018 when imports increased by 52% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, eye make-up preparations imports soared to $X in 2022. In general, total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.0% against 2020 indices. The most prominent rate of growth was recorded in 2016 when imports increased by 31% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

China (X tons), France (X tons) and Italy (X tons) were the main suppliers of eye make-up preparations imports to Spain, together accounting for 58% of total imports. Germany, the UK, Belgium and Canada lagged somewhat behind, together comprising a further 22%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Canada (with a CAGR of +45.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of eye make-up preparations to Spain, comprising 35% of total imports. The second position in the ranking was held by Italy ($X), with a 17% share of total imports. It was followed by China, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from France stood at +9.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-0.7% per year) and China (+20.3% per year).

Import Prices by Country

In 2022, the average eye make-up preparations import price amounted to $X per ton, which is down by -20.4% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 19% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2017; however, from 2018 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 France ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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