Key Market Indicators
Nigeria's cosmetics import and export is expected to grow over the next five years. Imports are projected to reach $355 million by 2026, up 0.3% from 2021. Exports are projected to reach $5.98 million by 2026, an increase of 17.7% from 2018. Since 2001, Nigerian demand for cosmetics has decreased by 5% year-on-year, while the supply has decreased by 44.3% over the same period. However, over the next five years, Nigeria's cosmetics import and export is expected to grow.
