From 2013 to 2022, Argentina experienced fluctuating trends in the import of beauty, make-up, and skincare preparations. The highest year-on-year growth was in 2016 at 27.48%, whereas the largest decline was in 2015 at -15.74%. The import value has followed an upward trajectory, reaching 146.65 million USD in 2022. Future forecasts indicate continued growth, with import values projected to reach 176.03 million USD by 2028. The compound annual growth rate (CAGR) over the next five years is expected to be 2.37%, and the total five-year growth rate projected at 12.44%.
Future Trends to Watch: Monitoring the impact of economic reforms, shifts in consumer preferences towards premium products, and changes in trade policies will be crucial for predicting future import values in Argentina’s beauty and skincare market.