Key Market Indicators
Cosmetic exports from Benin are forecast to reach around $170 million by 2026, down from $187 million in 2021. This represents a yearly average decrease of 1.6%. Since 2003, Benin's supply of cosmetics has decreased year-on-year by 11.2%. In 2021, the country came in 124th place, with Mozambique ahead with $187 million. The United States, Germany and Ireland ranked 2nd, 3rd and 4th respectively. Cosmetic imports to Benin are expected to reach approximately $12.1 million by 2026, up from $11.5 million in 2021. This equates to an average annual growth rate of 0.8%. Since 2003, Benin's demand for cosmetics has decreased year-on-year by 0.3%. In 2021, the country came in 127th place, with Togo ahead with $11.5 million. China, Germany and the United Kingdom ranked 2nd, 3rd and 4th respectively.
