Guatemala: Perfumes Lead Cosmetics Exports

Cosmetics exports within Central America increased 7.6% in the first five months of the year, led by perfumes.

Monday, August 9, 2010

Perfumes make up between 40% and 50% of all cosmetics sold abroad.

Though hardly a magnificent year, there was not the negative trend of last year and importers showed confidence. It is also worth highlighting that Guatemala has a lot of more experience in cosmetic products than the rest of the Central American region, Grupo Oclan's corporate director, Salvador Flores, commented to Sigloxxi.com.

El Salvador is the largest purchaser of Guatemalan perfumes.



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The Cosmetics Industry in Guatemala

February 2012

Guatemalan cosmetics producers are organizing themselves in order to increase their exports to the Dominican Republic and Central America by 20%.

The beauty products industry, comprised of over 15 companies, aims to increase exports by 20% in order to reach $300 million. Last year $250 million worth of items were sold.

Guatemala: Growing Cosmetics Industry

October 2011

Between January and August foreign sales increased by 14% compared to the same period in 2010.

The production and export of cosmetics and fragrances in Guatemala is growing steadily, so much so that more than $100 million worth has bee exported so far this year.

The main destinations for the products are Central America countries, which account for 84% of the country's export supply.

Growing Trend for Vegan Cosmetics

April 2013

The vegetarian trend has become more radical in the UK, where there is a demand for cosmetics produced free of any animal inputs.

From an article by the Costa Rican Trade Promotion Office (PROCOMER):

In the UK, hand in hand with the lifestyle trend of vegetarianism and veganism, there has been a growth in the demand for cosmetics which do not contain animal inputs, with some products satisfying this criteria already existing already in the market.

Central America: Figures for Beauty and Personal Care Market

January 2017

During the first half of 2016 the Central American countries as a whole imported $329 million worth of beauty and personal hygiene products.

Data from the report  on Imports of Beauty and Personal Care items in Central America, presented by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graphics"]

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