United Arab Emirates: Lip Make-Up Preparations Market 2024

Lip Make-Up Preparations Market Size in the United Arab Emirates

The lip make-up preparations market in the United Arab Emirates fell to $X in 2022, shrinking by -14.7% 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, showed a resilient increase. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Lip Make-Up Preparations Exports

Exports from the United Arab Emirates

In 2022, the amount of lip make-up preparations exported from the United Arab Emirates fell markedly to X tons, which is down by -17.4% against the previous year's figure. In general, exports, however, recorded a strong expansion. The growth pace was the most rapid in 2017 when exports increased by 156% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, lip make-up preparations exports shrank to $X in 2022. Over the period under review, exports, however, recorded prominent growth. The growth pace was the most rapid in 2017 when exports increased by 193%. Over the period under review, the exports attained the peak figure at $X in 2021, and then shrank in the following year.

Exports by Country

India (X tons) was the main destination for lip make-up preparations exports from the United Arab Emirates, with a 25% share of total exports. Moreover, lip make-up preparations exports to India exceeded the volume sent to the second major destination, Georgia (X tons), twofold. The United States (X tons) ranked third in terms of total exports with a 7.5% share.

From 2012 to 2022, the average annual growth rate of volume to India stood at +53.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (+37.1% per year) and the United States (+108.7% per year).

In value terms, India ($X) emerged as the key foreign market for lip make-up preparations exports from the United Arab Emirates, comprising 61% of total exports. The second position in the ranking was taken by the United States ($X), with a 10% share of total exports. It was followed by Cyprus, with a 2.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to India stood at +60.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+88.6% per year) and Cyprus (+61.0% per year).

Export Prices by Country

The average lip make-up preparations export price stood at $X per ton in 2022, growing by 12% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 47%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.

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 India ($X per ton), while the average price for exports to Rwanda ($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 India (+4.3%), while the prices for the other major destinations experienced a decline.

Lip Make-Up Preparations Imports

Imports into the United Arab Emirates

In 2022, the amount of lip make-up preparations imported into the United Arab Emirates reduced to X tons, with a decrease of -14% on the previous year. Overall, imports, however, showed buoyant growth. The pace of growth was the most pronounced in 2017 with an increase of 68%. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, lip make-up preparations imports reduced remarkably to $X in 2022. In general, imports, however, showed strong growth. The growth pace was the most rapid in 2019 with an increase of 48%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest lip make-up preparations supplier to the United Arab Emirates, with a 41% share of total imports. Moreover, lip make-up preparations imports from China exceeded the figures recorded by the second-largest supplier, France (X tons), fourfold. The United States (X tons) ranked third in terms of total imports with a 7% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +6.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+10.8% per year) and the United States (+11.2% per year).

In value terms, France ($X) constituted the largest supplier of lip make-up preparations to the United Arab Emirates, comprising 22% of total imports. The second position in the ranking was held by the United States ($X), with an 11% share of total imports. It was followed by China, with a 9.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from France stood at +6.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+12.8% per year) and China (+5.7% per year).

Import Prices by Country

In 2022, the average lip make-up preparations import price amounted to $X per ton, shrinking by -2.5% against the previous year. Over the last decade, it increased at an average annual rate of +3.3%. The pace of growth was the most pronounced in 2016 an increase of 25%. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the average 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 Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+23.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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