U.S.: Market for Cosmetics And Toilet Preparations 2024

Market Size for Cosmetics And Toilet Preparations in the U.S.

In 2022, the U.S. cosmetic and toilet preparation market increased by X% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of X% from 2013 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Cosmetic and toilet preparation consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Cosmetics And Toilet Preparations in the U.S.

In value terms, cosmetic and toilet preparation production reduced modestly to $X in 2022. The total output value increased at an average annual rate of X% over the period from 2013 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Cosmetics And Toilet Preparations

Exports from the U.S.

In 2022, shipments abroad of cosmetics and toilet preparations increased by X% to X tons, rising for the sixth consecutive year after three years of decline. In general, exports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, cosmetic and toilet preparation exports stood at $X in 2022. The total export value increased at an average annual rate of X% over the period from 2013 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Canada (X tons) was the main destination for cosmetic and toilet preparation exports from the United States, accounting for a X% share of total exports. Moreover, cosmetic and toilet preparation exports to Canada exceeded the volume sent to the second major destination, Mexico (X tons), threefold. The third position in this ranking was held by the UK (X tons), with a X% share.

From 2013 to 2022, the average annual rate of growth in terms of volume to Canada totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and the UK (X% per year).

In value terms, Canada ($X) remains the key foreign market for cosmetics and toilet preparations exports from the United States, comprising X% of total exports. The second position in the ranking was taken by China ($X), with a X% share of total exports. It was followed by the UK, with a X% share.

From 2013 to 2022, the average annual growth rate of value to Canada stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and the UK (X% per year).

Export Prices by Country

The average cosmetic and toilet preparation export price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the export price, however, saw a abrupt shrinkage. The pace of growth was the most pronounced in 2014 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Mexico ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (X%), while the prices for the other major destinations experienced a decline.

Imports of Cosmetics And Toilet Preparations

Imports into the U.S.

For the tenth year in a row, the United States recorded growth in overseas purchases of cosmetics and toilet preparations, which increased by X% to X tons in 2022. Overall, imports showed a resilient expansion. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, cosmetic and toilet preparation imports soared to $X in 2022. In general, total imports indicated a strong expansion from 2013 to 2022: its value increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

Canada (X tons), China (X tons) and Mexico (X tons) were the main suppliers of cosmetic and toilet preparation imports to the United States, with a combined X% share of total imports. France, Italy, South Korea, Spain, the UK, India, Germany, Ireland, Turkey and Thailand lagged somewhat behind, together accounting for a further X%.

From 2013 to 2022, the biggest increases were recorded for Thailand (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of cosmetics and toilet preparations to the United States, comprising X% of total imports. The second position in the ranking was taken by Canada ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2013 to 2022, the average annual growth rate of value from France stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (X% per year) and Italy (X% per year).

Import Prices by Country

In 2022, the average cosmetic and toilet preparation import price amounted to $X per ton, picking up by X% against the previous year. In general, the import price, however, saw a deep setback. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

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

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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