Turkey: Market for Manicure Or Pedicure Preparations 2024

Market Size for Manicure Or Pedicure Preparations in Turkey

After two years of growth, the Turkish manicure or pedicure preparations market decreased by -43.2% to $X in 2021. Over the period under review, consumption recorded a abrupt downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Manicure Or Pedicure Preparations in Turkey

In value terms, manicure or pedicure preparations production declined modestly to $X in 2021 estimated in export price. In general, production recorded a pronounced shrinkage. The growth pace was the most rapid in 2019 with an increase of 24%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Manicure Or Pedicure Preparations

Exports from Turkey

In 2021, shipments abroad of manicure or pedicure preparations increased by 88% to X tons for the first time since 2012, thus ending a eight-year declining trend. Over the period under review, exports, however, recorded a noticeable decline. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, manicure or pedicure preparations exports skyrocketed to $X in 2021. Overall, exports, however, continue to indicate a abrupt downturn. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for manicure or pedicure preparations exports from Turkey, with a 37% share of total exports. Moreover, manicure or pedicure preparations exports to the United States exceeded the volume sent to the second major destination, Russia (X tons), fivefold. The third position in this ranking was taken by the Netherlands (X tons), with a 5.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled +26.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-16.3% per year) and the Netherlands (+41.5% per year).

In value terms, the United States ($X), Russia ($X) and Iraq ($X) appeared to be the largest markets for manicure or pedicure preparations exported from Turkey worldwide, together accounting for 33% of total exports.

The United States, with a CAGR of +22.9%, 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 manicure or pedicure preparations export price stood at $X per ton in 2021, falling by -24.7% against the previous year. Over the period under review, the export price showed a pronounced curtailment. The growth pace was the most rapid in 2017 an increase of 4%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Poland ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Manicure Or Pedicure Preparations

Imports into Turkey

In 2021, the amount of manicure or pedicure preparations imported into Turkey declined remarkably to X tons, reducing by -40% compared with the previous year. Overall, imports recorded a drastic downturn. The growth pace was the most rapid in 2016 when imports increased by 37% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, manicure or pedicure preparations imports dropped significantly to $X in 2021. In general, imports saw a abrupt decline. The growth pace was the most rapid in 2017 when imports increased by 37% against the previous year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

France (X tons), China (X tons) and Luxembourg (X tons) were the main suppliers of manicure or pedicure preparations imports to Turkey, together accounting for 71% of total imports. These countries were followed by Germany, South Korea, Poland, the Netherlands, Spain, Sweden, the United States, Russia, the UK and Italy, which together accounted for a further 26%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sweden (with a CAGR of +72.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest manicure or pedicure preparations suppliers to Turkey were France ($X), China ($X) and Luxembourg ($X), together accounting for 54% of total imports. These countries were followed by Germany, Spain, Poland, Sweden, South Korea, the United States, Russia, the UK, the Netherlands and Italy, which together accounted for a further 40%.

In terms of the main suppliers, Sweden, with a CAGR of +93.9%, recorded the highest rates of growth with regard to 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 manicure or pedicure preparations import price stood at $X per ton in 2021, jumping by 29% against the previous year. Overall, the import price, however, showed a perceptible decline. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Spain ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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