Key Market Indicators
Uruguayan cosmetics exports are projected to reach nearly $6 million by 2026. This is up 2.1% year on year on average from $5.2 million in 2021, when the country ranked 97th. Honduras had the highest exports at $5.2 million. The United States, Germany and Ireland followed as the 2nd, 3rd and 4th highest exporters respectively. On the other hand, Uruguayan cosmetics imports are expected to rise to $140.5 million by 2026. This is a 2.1% year on year rise from $123.9 million in 2021, when the country was ranked 87th. Andorra had the highest imports at $123.9 million. China, Germany and the United Kingdom followed as the 2nd, 3rd and 4th highest importers respectively. Since 1999, Uruguayan supply and demand of cosmetics have increased by 4.8% and 3.6% year on year respectively.