CIS: Market for Beauty, Make-Up And Skin Care Preparations 2024

Market Size for Beauty, Make-Up And Skin Care Preparations in CIS

The CIS market for beauty, make-up and skin care preparations rose significantly to $X in 2023, picking up by X% against the previous year. Over the period under review, consumption saw a prominent increase. The level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Production of Beauty, Make-Up And Skin Care Preparations in CIS

In value terms, production of beauty, make-up and skin care preparations expanded slightly to $X in 2023 estimated in export price. In general, production continues to indicate a strong increase. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, production of reached the maximum level at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Exports of Beauty, Make-Up And Skin Care Preparations

Exports in CIS

In 2023, approx. X tons of beauty, make-up and skin care preparations were exported in the CIS; increasing by X% compared with the previous year's figure. Total exports indicated a temperate increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The volume of export peaked at X tons in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

In value terms, exports of beauty, make-up and skin care preparations skyrocketed to $X in 2023. Overall, exports enjoyed a notable expansion. The level of export peaked at $X in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Russia was the largest exporting country with an export of about X tons, which finished at X% of total exports. It was distantly followed by Belarus (X tons), creating a X% share of total exports. The following exporters - Kyrgyzstan (X tons) and Kazakhstan (X tons) - each reached an X% share of total exports.

Exports from Russia increased at an average annual rate of X% from 2012 to 2023. At the same time, Kyrgyzstan (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2023. Belarus experienced a relatively flat trend pattern. Kyrgyzstan (X p.p.) significantly strengthened its position in terms of the total exports, while Russia and Belarus saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest beauty, make-up and skin care preparations supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Belarus ($X), with an X% share of total exports. It was followed by Kazakhstan, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Russia totaled X%. In the other countries, the average annual rates were as follows: Belarus (X% per year) and Kazakhstan (X% per year).

Export Prices by Country

The export price in the CIS stood at $X per ton in 2023, surging by X% against the previous year. Export price indicated a noticeable expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, export price for beauty, make-up and skin care preparations increased by X% against 2015 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Russia ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Beauty, Make-Up And Skin Care Preparations

Imports in CIS

In 2023, the amount of beauty, make-up and skin care preparations imported in the CIS surged to X tons, jumping by X% against the year before. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of beauty, make-up and skin care preparations surged to $X in 2023. Total imports indicated a slight expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of $X. From 2022 to 2023, the growth of imports of failed to regain momentum.

Imports by Country

Russia represented the key importer of beauty, make-up and skin care preparations in the CIS, with the volume of imports reaching X tons, which was near X% of total imports in 2023. Kyrgyzstan (X tons) held the second position in the ranking, followed by Kazakhstan (X tons). All these countries together took approx. X% share of total imports. Belarus (X tons), Uzbekistan (X tons) and Azerbaijan (X tons) followed a long way behind the leaders.

Imports into Russia decreased at an average annual rate of X% from 2012 to 2023. At the same time, Kyrgyzstan (X%), Uzbekistan (X%), Azerbaijan (X%), Kazakhstan (X%) and Belarus (X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2023. Kyrgyzstan (X p.p.), Uzbekistan (X p.p.) and Kazakhstan (X p.p.) significantly strengthened its position in terms of the total imports, while Russia saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported beauty, make-up and skin care preparations in the CIS, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with an X% share of total imports. It was followed by Azerbaijan, with a X% share.

In Russia, imports of beauty, make-up and skin care preparations remained relatively stable over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (X% per year) and Azerbaijan (X% per year).

Import Prices by Country

In 2023, the import price in the CIS amounted to $X per ton, declining by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2021; however, from 2022 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Russia ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Azerbaijan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform