Tunisia: Lip Make-Up Preparations Market 2024

Lip Make-Up Preparations Market Size in Tunisia

The Tunisian lip make-up preparations market surged to $X in 2022, rising by 86% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, recorded a relatively flat trend pattern. Lip make-up preparations consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Lip Make-Up Preparations Exports

Exports from Tunisia

In 2022, approx. X tons of lip make-up preparations were exported from Tunisia; which is down by -14.3% against the previous year. In general, exports, however, continue to indicate a noticeable expansion. The pace of growth appeared the most rapid in 2015 when exports increased by 1,892%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, lip make-up preparations exports totaled $X in 2022. Over the period under review, exports, however, enjoyed a slight expansion. The pace of growth was the most pronounced in 2015 with an increase of 1,993%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Singapore (X tons) was the main destination for lip make-up preparations exports from Tunisia, accounting for a 62% share of total exports. Moreover, lip make-up preparations exports to Singapore exceeded the volume sent to the second major destination, Belgium (X kg), sixfold. The third position in this ranking was held by Russia (X kg), with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Singapore stood at +34.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+40.1% per year) and Russia (+18.6% per year).

In value terms, Singapore ($X) remains the key foreign market for lip make-up preparations exports from Tunisia, comprising 77% of total exports. The second position in the ranking was taken by Belgium ($X), with a 5.5% share of total exports. It was followed by Russia, with a 4.8% share.

From 2012 to 2022, the average annual growth rate of value to Singapore totaled +41.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+23.0% per year) and Russia (+8.9% per year).

Export Prices by Country

The average lip make-up preparations export price stood at $X per ton in 2022, surging by 27% against the previous year. Over the period under review, the export price, however, showed a noticeable reduction. The pace of growth appeared the most rapid in 2016 an increase of 38% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Russia ($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 Singapore (+5.1%), while the prices for the other major destinations experienced a decline.

Lip Make-Up Preparations Imports

Imports into Tunisia

In 2022, imports of lip make-up preparations into Tunisia surged to X tons, with an increase of 66% on 2021 figures. Overall, imports continue to indicate a modest expansion. The pace of growth appeared the most rapid in 2017 when imports increased by 87%. Over the period under review, imports attained the peak figure at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, lip make-up preparations imports surged to $X in 2022. Over the period under review, imports, however, saw a slight shrinkage. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), Turkey (X tons) and the United Arab Emirates (X tons) were the main suppliers of lip make-up preparations imports to Tunisia, together accounting for 74% of total imports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +27.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), France ($X) and Germany ($X) were the largest lip make-up preparations suppliers to Tunisia, with a combined 50% share of total imports.

Turkey, with a CAGR of +31.5%, recorded the highest growth rate of 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

The average lip make-up preparations import price stood at $X per ton in 2022, with a decrease of -2% against the previous year. Over the period under review, the import price showed a perceptible contraction. The pace of growth was the most pronounced in 2013 an increase of 55% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 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 Germany ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform