Hong Kong SAR, China - Beauty, Make-Up And Skin Care Preparations - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Beauty, Make-Up and Skin Care Preparations in Hong Kong SAR - 2023
Contents:
- Price for Beauty, Make-Up and Skin Care Preparations in Hong Kong SAR (CIF) - 2022
- Price for Beauty, Make-Up and Skin Care Preparations in Hong Kong SAR (FOB) - 2022
- Imports of Beauty, Make-Up and Skin Care Preparations in Hong Kong SAR
- Exports of Beauty, Make-Up and Skin Care Preparations in Hong Kong SAR
Price for Beauty, Make-Up and Skin Care Preparations in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for beauty, make-up and skin care preparations amounted to $28,550 per ton, surging by 2.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +5.0%. The most prominent rate of growth was recorded in 2021 an increase of 16%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($28,550 per ton) and the United States ($28,550 per ton), while the price for Singapore ($28,550 per ton) and France ($28,550 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Beauty, Make-Up and Skin Care Preparations in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for beauty, make-up and skin care preparations amounted to $27,568 per ton, increasing by 7.6% against the previous year. Over the period under review, the export price posted resilient growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 24%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Australia ($27,568 per ton) and Japan ($27,568 per ton), while the average price for exports to Singapore ($27,568 per ton) and China ($27,568 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Beauty, Make-Up and Skin Care Preparations in Hong Kong SAR
In 2022, supplies from abroad of beauty, make-up and skin care preparations decreased by -14.4% to 207K tons, falling for the second consecutive year after two years of growth. In general, total imports indicated a noticeable expansion from 2019 to 2022: its volume increased at an average annual rate of +4.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -25.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 53% against the previous year. As a result, imports reached the peak of 280K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of beauty, make-up and skin care preparations fell to $5.9B in 2022. The total import value increased at an average annual rate of +8.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 44%.
Import of Beauty, Make-Up and Skin Care Preparations in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 885 | 2,943 | 3,067 | 3,050 | 51.0% |
Singapore | 722 | 902 | 774 | 569 | -7.6% |
Japan | 701 | 589 | 579 | 518 | -9.6% |
Switzerland | 316 | 453 | 372 | 418 | 9.8% |
China | 546 | 380 | 414 | 311 | -17.1% |
United States | 344 | 361 | 292 | 204 | -16.0% |
France | 314 | 233 | 266 | 170 | -18.5% |
Others | 818 | 819 | 968 | 684 | -5.8% |
Total | 4,646 | 6,680 | 6,732 | 5,924 | 8.4% |
Top Suppliers of Beauty, Make-Up and Skin Care Preparations to Hong Kong SAR in 2022:
- South Korea (106.8K tons)
- Singapore (19.9K tons)
- Japan (18.2K tons)
- Switzerland (14.6K tons)
- China (10.9K tons)
- United States (7.1K tons)
- France (5.9K tons)
Exports of Beauty, Make-Up and Skin Care Preparations in Hong Kong SAR
In 2022, shipments abroad of beauty, make-up and skin care preparations decreased by -19.9% to 128K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +2.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 35% against the previous year.
In value terms, exports of beauty, make-up and skin care preparations shrank to $3.5B in 2022. The total export value increased at an average annual rate of +7.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 35% against the previous year.
Export of Beauty, Make-Up and Skin Care Preparations in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,771 | 2,496 | 2,608 | 2,393 | 10.6% |
Macao SAR | 629 | 917 | 1,075 | 734 | 5.3% |
Japan | 157 | 167 | 151 | 103 | -13.1% |
United States | 49.9 | 56.1 | 45.4 | 79.6 | 16.8% |
Taiwan (Chinese) | 24.2 | 27.3 | 48.6 | 54.5 | 31.1% |
Others | 175 | 128 | 164 | 163 | -2.3% |
Total | 2,806 | 3,790 | 4,093 | 3,526 | 7.9% |
Top Export Markets for Beauty, Make-Up and Skin Care Preparations from Hong Kong SAR in 2022:
- China (86.8K tons)
- Macao SAR (26.6K tons)
- Japan (3.7K tons)
- United States (2.9K tons)
- Taiwan (Chinese) (2.0K tons)
This report provides an in-depth analysis of the market for beauty, make-up and skin care preparations in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20421500 - Beauty, make-up and skin care preparations including suntan (excluding medicaments, lip and eye make-up, manicure and pedicure preparations, powders for cosmetic use and talcum powder)
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for beauty, make-up and skin care preparations in Hong Kong SAR, China.
This report provides an in-depth analysis of the cosmetics market in Hong Kong SAR, China.
This report provides an in-depth analysis of the eye make-up preparations market in Hong Kong SAR, China.
This report provides an in-depth analysis of the lip make-up preparations market in Hong Kong SAR, China.
This report provides an in-depth analysis of the market for manicure or pedicure preparations in Hong Kong SAR, China.
This report provides an in-depth analysis of the market for talcum and cosmetic powder in Hong Kong SAR, China.
This report provides an in-depth analysis of the global market for beauty, make-up and skin care preparations.
This report provides an in-depth analysis of the global cosmetics market.
This report provides an in-depth analysis of the global eye make-up preparations market.
This report provides an in-depth analysis of the global lip make-up preparations market.
In January 2023, Cosmetics saw a significant 81% month-on-month growth in imports. By October 2023, the value of cosmetics imports slightly contracted to $425M.
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