Sweden: Eye Make-Up Preparations Market 2024

Eye Make-Up Preparations Market Size in Sweden

The Swedish eye make-up preparations market expanded markedly to $X in 2022, growing by 7.8% against the previous year. In general, consumption, however, showed a perceptible downturn. The pace of growth appeared the most rapid in 2020 with an increase of 9.7% against the previous year. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Eye Make-Up Preparations Production in Sweden

In value terms, eye make-up preparations production stood at $X in 2022 estimated in export price. Overall, production, however, saw a deep slump. The pace of growth appeared the most rapid in 2019 with an increase of 55%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Eye Make-Up Preparations Exports

Exports from Sweden

In 2022, the amount of eye make-up preparations exported from Sweden dropped to X tons, reducing by -9.6% on the previous year. Overall, total exports indicated tangible growth from 2012 to 2022: its volume increased at an average annual rate of +2.6% 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 +19.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 33%. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, eye make-up preparations exports declined notably to $X in 2022. Over the period under review, total exports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +4.8% 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 +56.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 81%. As a result, the exports attained the peak of $X, and then plummeted in the following year.

Exports by Country

Norway (X tons) was the main destination for eye make-up preparations exports from Sweden, accounting for a 54% share of total exports. Moreover, eye make-up preparations exports to Norway exceeded the volume sent to the second major destination, Finland (X tons), fourfold. The third position in this ranking was taken by the United Arab Emirates (X tons), with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Norway totaled +3.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (-1.1% per year) and the United Arab Emirates (+138.7% per year).

In value terms, Norway ($X) remains the key foreign market for eye make-up preparations exports from Sweden, comprising 54% of total exports. The second position in the ranking was taken by Finland ($X), with a 13% share of total exports. It was followed by Denmark, with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Norway stood at +6.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+5.2% per year) and Denmark (-0.2% per year).

Export Prices by Country

In 2022, the average eye make-up preparations export price amounted to $X per ton, which is down by -15.5% against the previous year. Over the period under review, the export price, however, enjoyed moderate growth. The most prominent rate of growth was recorded in 2021 an increase of 36% against the previous year. As a result, the export price attained the peak level of $X per ton, and then fell remarkably in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Poland ($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 Finland (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Eye Make-Up Preparations Imports

Imports into Sweden

In 2022, overseas purchases of eye make-up preparations increased by 2.2% to X tons, rising for the second consecutive year after four years of decline. Over the period under review, total imports indicated a modest expansion from 2012 to 2022: its volume increased at an average annual rate of +1.3% 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 +7.1% against 2020 indices. The pace of growth appeared the most rapid in 2014 with an increase of 34%. Over the period under review, imports reached the peak figure at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, eye make-up preparations imports reduced modestly to $X in 2022. The total import value increased at an average annual rate of +1.9% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 17%. As a result, imports reached the peak of $X, and then declined slightly in the following year.

Imports by Country

Belgium (X tons), Denmark (X tons) and Switzerland (X tons) were the main suppliers of eye make-up preparations imports to Sweden, with a combined 55% share of total imports. China, Germany, the United States, Italy, France, Poland, the Netherlands, Finland, South Korea and the UK lagged somewhat behind, together accounting for a further 39%.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +48.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest eye make-up preparations suppliers to Sweden were Denmark ($X), Switzerland ($X) and Germany ($X), with a combined 49% share of total imports. France, the United States, South Korea, China, Belgium, Italy, Poland, Finland, the Netherlands and the UK lagged somewhat behind, together comprising a further 43%.

South Korea, with a CAGR of +63.3%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average eye make-up preparations import price amounted to $X per ton, which is down by -4.2% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 16%. The import price peaked at $X per ton in 2021, and then contracted slightly 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 France ($X per ton), while the price for Belgium ($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 (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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