Key Market Indicators
Exports of Ecuadorian cosmetics are expected to hit $6 million by 2026, down 2.8% from 2021's figure of $7.1 million. Since 1996, exports have grown by an average of 2.6% every year. In 2021, Ecuador placed 93rd in this ranking, with Fiji in 1st place at $7.1 million. The United States, Germany and Ireland were 2nd, 3rd and 4th respectively. Imports of Ecuadorian cosmetics are predicted to reach $342 million in 2026, an increase of 1.7% from 2021's $309 million. Since 1996, imports have increased 6.2% annually on average. In 2021, Ecuador ranked 63rd, with Belarus ahead of them at $309 million. China, Germany and the United Kingdom were 2nd, 3rd and 4th respectively.
