Key Market Indicators
Cosmetics exports in Cyprus are expected to reach nearly $13 million by 2026. In 2021, the country reached $12 million, a 1.3% year-on-year CAGR growth. Since 1994, Cypriot supply has decreased by 0.1% annually. Macedonia led the rankings with $12 million, followed by the United States, Germany, and Ireland. Meanwhile, cosmetics imports are projected to reach $133 million by 2026. This year, the country was at $128 million, a 0.6% year-on-year CAGR growth. Since 1994, Cypriot demand has increased by 3%. Ethiopia was the leader with $128 million, followed by China, Germany, and the United Kingdom.
