Key Market Indicators
Bulgarian make-up exports are forecast to reach around $78 million by 2026, up from $65 million in 2021. This marks an annual growth rate of 3.1%. Over the past 20 years, however, supplies have decreased by 0.3% a year on average. Bulgaria was the 43rd largest exporter in 2021, narrowly losing out to Slovakia at $65 million. The leading exporters were the US, Singapore and South Korea. Imports of make-up into Bulgaria are expected to reach around $108 million by 2026, up from $93 million in 2021. This equates to a yearly growth rate of 2.5%. Since 2001, demand has grown by 1.1% a year. Bulgaria ranked 56th in 2021, with Ecuador surpassing it at $93 million. The leading importers were the US, Singapore and Germany.
