Ghana - 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 Ghana - 2022
Contents:
- Price for Beauty, Make-Up and Skin Care Preparations in Ghana (CIF) - 2022
- Price for Beauty, Make-Up and Skin Care Preparations in Ghana (FOB) - 2022
- Imports of Beauty, Make-Up and Skin Care Preparations in Ghana
- Exports of Beauty, Make-Up and Skin Care Preparations in Ghana
Price for Beauty, Make-Up and Skin Care Preparations in Ghana (CIF) - 2022
In 2022, the average import price for beauty, make-up and skin care preparations amounted to $2,851 per ton, surging by 2.9% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 8%. Over the period under review, average import prices attained the peak figure at $2,944 per ton in 2013; afterwards, it flattened through to 2022.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($6,669 per ton), while the price for Nigeria ($1,968 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 (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Beauty, Make-Up and Skin Care Preparations in Ghana (FOB) - 2022
In 2022, the average export price for beauty, make-up and skin care preparations amounted to $2,661 per ton, jumping by 26% against the previous year. Overall, the export price, however, saw a pronounced decrease. The most prominent rate of growth was recorded in 2015 an increase of 295% against the previous year. As a result, the export price reached the peak level of $7,415 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
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 the United Arab Emirates ($3,339 per ton), while the average price for exports to Togo ($522 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 the UK (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Beauty, Make-Up and Skin Care Preparations in Ghana
In 2022, supplies from abroad of beauty, make-up and skin care preparations decreased by -0.3% to 24K tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 15%. As a result, imports attained the peak of 26K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of beauty, make-up and skin care preparations reached $68M in 2022. The total import value increased at an average annual rate of +5.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 22%. As a result, imports attained the peak of $70M. From 2021 to 2022, the growth of imports of remained at a lower figure.
Import of Beauty, Make-Up and Skin Care Preparations in Ghana (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cote d'Ivoire | 20.2 | 53.0 | 48.4 | 48.5 | 33.9% |
Togo | 4.0 | 4.3 | 3.0 | 2.7 | -12.3% |
Senegal | 0.7 | 2.0 | 2.1 | 2.3 | 48.7% |
Nigeria | 2.3 | 0.1 | 0.4 | 1.9 | -6.2% |
Indonesia | 2.2 | 1.0 | 1.0 | 1.7 | -8.2% |
South Africa | 4.5 | 1.0 | 1.4 | 1.5 | -30.7% |
Spain | 3.3 | 1.0 | 1.2 | 1.5 | -23.1% |
China | 1.3 | 0.6 | 0.6 | 0.6 | -22.7% |
Others | 18.9 | 6.9 | 8.6 | 7.6 | -26.2% |
Total | 57.5 | 70.0 | 66.6 | 68.3 | 5.9% |
Top Suppliers of Beauty, Make-Up and Skin Care Preparations to Ghana in 2022:
- Cote d'Ivoire (18.2K tons)
- Togo (0.9K tons)
- Nigeria (0.9K tons)
- South Africa (0.7K tons)
- Senegal (0.7K tons)
- Indonesia (0.6K tons)
- Spain (0.6K tons)
- China (0.3K tons)
Exports of Beauty, Make-Up and Skin Care Preparations in Ghana
In 2022, shipments abroad of beauty, make-up and skin care preparations decreased by -18.3% to 1.3K tons, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2020 with an increase of 76%. As a result, the exports reached the peak of 2.4K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of beauty, make-up and skin care preparations rose to $3.4M in 2022. The total export value increased at an average annual rate of +2.3% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 9.7% against the previous year. As a result, the exports reached the peak of $3.4M; afterwards, it flattened through to 2022.
Export of Beauty, Make-Up and Skin Care Preparations in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 17.9 | 56.2 | 158 | 2,578 | 424.2% |
Mali | 1,040 | 1,384 | 1,036 | 210 | -41.3% |
Cote d'Ivoire | 129 | 410 | 553 | 161 | 7.7% |
Togo | 74.0 | 191 | 111 | 62.2 | -5.6% |
United Kingdom | 17.3 | 158 | 161 | 43.6 | 36.1% |
Nigeria | 111 | 158 | 127 | 27.5 | -37.2% |
Burkina Faso | 1,340 | 54.7 | 124 | 22.2 | -74.5% |
Niger | 10.9 | 28.3 | 73.3 | 20.2 | 22.8% |
Others | 403 | 1,006 | 931 | 236 | -16.3% |
Total | 3,143 | 3,447 | 3,274 | 3,360 | 2.3% |
Top Export Markets for Beauty, Make-Up and Skin Care Preparations from Ghana in 2022:
- United Arab Emirates (772.1 tons)
- Cote d'Ivoire (129.6 tons)
- Togo (119.2 tons)
- Mali (90.9 tons)
- Niger (31.4 tons)
- United Kingdom (22.6 tons)
- Nigeria (17.4 tons)
- Burkina Faso (8.7 tons)
This report provides an in-depth analysis of the market for beauty, make-up and skin care preparations in Ghana. 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:
- Ghana
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ghana
- 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 Ghana.
This report provides an in-depth analysis of the cosmetics market in Ghana.
This report provides an in-depth analysis of the eye make-up preparations market in Ghana.
This report provides an in-depth analysis of the lip make-up preparations market in Ghana.
This report provides an in-depth analysis of the market for manicure or pedicure preparations in Ghana.
This report provides an in-depth analysis of the market for talcum and cosmetic powder in Ghana.
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.
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