Market research

Lip make up preparations market in Greece

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

Greek production of lip make-up preparations declined significantly from 13.0 million US dollars in 2018 to 6.7 million in 2020, before stabilizing at 7.1 million in 2021. The domestic market size mirrored this trend, contracting from 29.3 million dollars in 2018 to 17.3 million in 2021.

Imports into Greece fell from 18.2 million dollars in 2018 to 12.5 million in 2021, but then expanded rapidly to 30.6 million by 2024. Exports grew consistently over the period, rising from 1.9 million dollars in 2018 to 6.4 million in 2024.

The post-2021 period was marked by a strong recovery in trade flows, with import values more than doubling from their 2021 low and export values tripling between 2018 and 2024.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In value
    1. 4.1.1.1. Production, 2018-2021
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2021
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Greece
  1. 5.1.1. In value, 2018-2021, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In value, 2018-2024, K $ US
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, K unit
    1. 6.1.2.1. Annual dynamics of product's imports to Greece in kind, 2018-2024, K unit
    2. 6.1.2.2. Dynamics of product's imports in kind to Greece by countries, 2018-2024, K unit
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Greece in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Greece by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/K unit
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Greece, 2018-2024, $ US/K unit
    2. 6.1.4.2. Dynamics of average price of product's imports to Greece by countries, 2018-2024, $ US/K unit
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, K unit
    1. 6.2.2.1. Annual dynamics of product's imports to Greece in kind, 2018-2024, K unit
    2. 6.2.2.2. Dynamics of product's imports in kind to Greece by countries, 2018-2024, K unit
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Greece in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Greece by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/K unit
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Greece, 2018-2024, $ US/K unit
    2. 6.2.4.2. Dynamics of average price of product's imports to Greece by countries, 2018-2024, $ US/K unit
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, K unit
    1. 7.1.2.1. Annual dynamics of product's exports from Greece in kind, 2018-2024, K unit
    2. 7.1.2.2. Dynamics of product's exports in kind from Greece by countries, 2018-2024, K unit
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Greece in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Greece by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/K unit
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Greece, 2018-2024, $ US/K unit
    2. 7.1.4.2. Dynamics of average price of product's exports from Greece by countries, 2018-2024, $ US/K unit
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, K unit
    1. 7.2.2.1. Annual dynamics of product's exports from Greece in kind, 2018-2024, K unit
    2. 7.2.2.2. Dynamics of product's exports in kind from Greece by countries, 2018-2024, K unit
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Greece in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Greece by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/K unit
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Greece, 2018-2024, $ US/K unit
    2. 7.2.4.2. Dynamics of average price of product's exports from Greece by countries, 2018-2024, $ US/K unit
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K unit
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K unit
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production lip make up preparations in Greece

In value, 2017-2020, K $ US

Greece's production of lip makeup preparations has declined for the third consecutive year. In 2020, output was valued at 6 706 thousand US dollars, representing a significant year-over-year decrease of 25.0%. Over the period from 2017 to 2020, production fell by 49.4%, with a compound annual growth rate of -20.3%.

Annual dynamics of production in Greece in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(1.7%)	(31.4%)	(25.0%)	(20.3%)

Source: SHEV.io

Exports lip make up preparations from Greece

Exports in kind, K unit

Greece's exports of lip makeup preparations have declined for the second consecutive year. In 2020, the country exported 1 214 thousand units, which is a 32.6% decrease compared to the previous year. Over the 2017-2020 period, exports dropped by 39%, with a compound annual growth rate of -15.2%. The highest export volume was recorded in 2018 at 2 057 thousand units, which also saw the largest annual increase of 3.4%.

Annual dynamics of product's exports from Greece in kind, 2017-2020, K unit

Parameter		2018	2019	2020	CAGR
1	Change from last year	3.4%	(12.5%)	(32.6%)	(15.2%)

Source: SHEV.io

From 2017 to 2020, Cyprus, Spain, and Italy were the top buyers of Greek lip makeup preparations in volume terms. Cyprus accounted for 31.2% of exports, Spain for 24.4%, and Italy for 8.6%. Together, these three markets represented 64.2% of Greece's total exports in kind.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Greece in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

In 2020, Greece's exports of lip makeup preparations in value terms totaled 1 877 thousand US dollars, down 5.4% from the previous year. Over the 2017-2020 period, export value decreased by 5.9%, with a compound annual growth rate of -2.0%. The lowest value was recorded in 2018 at 1 873 thousand US dollars, which also experienced the largest annual decline of 6.1%. In contrast, 2019 saw the largest increase of 5.9%.

Annual dynamics of product's exports from Greece in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(6.1%)	5.9%	(5.4%)	(2.0%)

Source: SHEV.io

Throughout 2017-2020, Cyprus, Spain, and Belgium were the three largest markets for Greek lip makeup preparations in value terms, collectively accounting for 63.4% of total export flows.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Greece in value, 2017-2020

Source: SHEV.io

Imports lip make up preparations to Greece

Imports in kind, K unit

Greece's imports of lip makeup preparations have declined for the second consecutive year. In 2020, imports amounted to 7 868 thousand units, marking a 40.9% year-over-year decrease. Between 2017 and 2020, imports fell by 53%, equating to an annualized rate of -22.2%. The peak import volume was recorded in 2018 at 17 075 thousand units, which also saw the largest annual increase of 2.0%.

Annual dynamics of product's imports to Greece in kind, 2017-2020, K unit

Parameter		2018	2019	2020	CAGR
1	Change from last year	2.0%	(22.1%)	(40.9%)	(22.2%)

Source: SHEV.io

An analysis of Greece's imports in kind from 2017 to 2020 reveals a broad distribution across many markets. Czechia accounted for 18.9% of imports, France for 14.2%, and Italy for 12.2%. Together, these three countries represented 45.3% of total import flows, while the remaining 54.7% came from various other partners.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Greece in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

Greece's imports of lip makeup preparations have declined for the second consecutive year. In 2020, import value amounted to 12 671 thousand US dollars, showing a sharp drop of 25.8% compared to 2019. Over the 2017-2020 period, imports decreased by 24.4%, with a compound annual growth rate of -8.9%. The highest import value was recorded in 2018 at 18 173 thousand US dollars, which also experienced the largest annual increase of 8.5%.

Annual dynamics of product's imports to Greece in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	8.5%	(6.0%)	(25.8%)	(8.9%)

Source: SHEV.io

From 2017 to 2020, France, Czechia, and Italy were the main sources of lip makeup preparations imported by Greece in value terms. France accounted for 26.2% of imports, Czechia for 17.9%, and Italy for 12.6%. Together, these three countries absorbed 56.7% of Greece's total import value.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Greece in value, 2017-2020

Source: SHEV.io