Key Market Indicators
Paraguay's cosmetics import is predicted to grow to nearly $279 million by 2026, up from $243 million in 2021. This represents an annual growth rate of 2.3%. Since 1994, demand for cosmetics has grown 6.9% annually. In 2021, Paraguay placed 70th in this ranking, with Jordan in 69th place at $243 million. China, Germany, and the UK held the top three spots. Paraguay's cosmetics export is estimated to reach $22 million by 2026, up from $20 million in 2021. This translates to a year-on-year growth rate of 1.5%. Since 1994, supply has decreased by 0.5% annually. In 2021, Paraguay came in 78th place in the ranking, with Kazakhstan in 77th place at $20 million. The US, Germany, and Ireland were the top three.
