Key Market Indicators
Make-Up sales are expected to reach $66.7 million by 2026, representing a 0.6% average annual growth since 2020, when the market jumped by 1.3%. Japan, the United Kingdom, and Germany came in second, third, and fourth, respectively. Ecuadorian Make-Up exports are forecasted to decrease by 30.4% to $40.7 million by 2026 compared to 2021. Since 1996, the country's export market has declined by 17.9%. Ecuador was ranked 104th in 2021, with Swaziland overtaking it at $289,050. The United States, Singapore, and South Korea were respectively second, third, and fourth. Ecuadorian Make-Up imports are expected to reach $114.6 million by 2026, growing at an average rate of 2.2% year-on-year from 2021. Since 1996, the country's import market has increased 8.2% annually. Ecuador was ranked 55th in 2021, with Kazakhstan overtaking it at $100.6 million. The United States, Singapore, and Germany were the second, third, and fourth-biggest importers.
