Key Market Indicators
Bulgaria's cosmetics export is forecast to reach nearly $500 million by 2026, a 3% yearly increase from 2021. In 2001, exports rose 6.6% year-on-year. Bulgaria ranked 40th in 2021, behind Malaysia's $399.3 million. The United States, Germany and Ireland were ranked second, third and fourth, respectively. The country's cosmetics import is expected to reach $387 million by 2026, a 2.2% annual growth from 2021. Since 2001, imports have risen 3.1% year-on-year. Bulgaria was 60th in 2021, behind Nigeria's $340.1 million. China, Germany and the United Kingdom were ranked second, third and fourth, respectively.