Key Market Indicators
Portuguese exports of cosmetics are expected to hit $263 million by 2026, up from $232 million in 2021. This represents an average annual growth rate of 2.1%. Since 1993, exports have increased by 6.2% year-on-year. Portugal ranked 46th in 2021, with Ivory Coast just ahead at $231 million. The United States, Germany and Ireland were 2nd, 3rd and 4th in the ranking. Imports of cosmetics into Portugal are set to hit $897 million by 2026, up from $823 million in 2021. This is an average annual growth rate of 1.5%. Since 1993, demand has increased by 4.9% year-on-year. Portugal ranked 35th in 2021, with Hungary ahead at $823 million. China, Germany and the United Kingdom were 2nd, 3rd and 4th in the ranking.
