Uganda: Cosmetics Market 2024

Cosmetics Market Size in Uganda

The Ugandan cosmetics market rose to $X in 2022, surging by X% against the previous year. In general, the total consumption indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Cosmetics consumption peaked in 2022 and is likely to continue growth in years to come.

Cosmetics Production in Uganda

In value terms, cosmetics production stood at $X in 2022 estimated in export price. In general, the total production indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Cosmetics Exports

Exports from Uganda

In 2022, after two years of growth, there was significant decline in shipments abroad of cosmetics, when their volume decreased by X% to X tons. Overall, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The exports peaked at X tons in 2021, and then dropped significantly in the following year.

In value terms, cosmetics exports declined to $X in 2022. In general, exports, however, enjoyed a prominent increase. The growth pace was the most rapid in 2020 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2021, and then fell in the following year.

Exports by Country

The United Arab Emirates (X tons) was the main destination for cosmetics exports from Uganda, accounting for a X% share of total exports. It was followed by Kenya (X tons), with a X% share of total exports. The third position in this ranking was held by Democratic Republic of the Congo (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kenya (X% per year) and Democratic Republic of the Congo (X% per year).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for cosmetics exports from Uganda, comprising X% of total exports. The second position in the ranking was taken by Kenya ($X), with a X% share of total exports. It was followed by Democratic Republic of the Congo, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kenya (X% per year) and Democratic Republic of the Congo (X% per year).

Export Prices by Country

In 2022, the average cosmetics export price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the export price saw strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($X per ton), while the average price for exports to Democratic Republic of the Congo ($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 Rwanda (X%), while the prices for the other major destinations experienced more modest paces of growth.

Cosmetics Imports

Imports into Uganda

In 2022, overseas purchases of cosmetics decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2021, and then fell modestly in the following year.

In value terms, cosmetics imports dropped slightly to $X in 2022. Overall, total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2012 indices. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

Tanzania (X tons), Kenya (X tons) and Cote d'Ivoire (X tons) were the main suppliers of cosmetics imports to Uganda, together accounting for X% of total imports. Senegal, Rwanda and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest cosmetics suppliers to Uganda were Kenya ($X), Tanzania ($X) and Cote d'Ivoire ($X), with a combined X% share of total imports. Senegal, the United Arab Emirates and Rwanda lagged somewhat behind, together accounting for a further X%.

The United Arab Emirates, with a CAGR of X%, recorded 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

The average cosmetics import price stood at $X per ton in 2022, almost unchanged from the previous year. In general, the import price showed a pronounced decrease. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for Rwanda ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform