Key Market Indicators
Luxembourg's cosmetics export is expected to reach around $259 million by 2026, up from $219 million in 2021. This is an average growth rate of 2.8% year on year since 2004. In 2021, Luxembourg was ranked 48th in the world, overtaken by Saudi Arabia at $219 million. The United States, Germany and Ireland were ranked 2nd, 3rd and 4th in the world respectively. Luxembourg's cosmetics import is expected to reach $188 million by 2026, up from $175 million in 2021. This is an average growth rate of 1.3% year on year since 2004. In 2021, Luxembourg was ranked 77th in the world, overtaken by Estonia at $175 million. China, Germany and the United Kingdom were ranked 2nd, 3rd and 4th in the world respectively.
