French cosmetics exports might decline in 2025, a primary “in at the least 20 years”

“That is the primary time in at the least twenty years — excluding the Covid interval — that [French] cosmetics exports haven’t elevated,” FEBEA’s normal delegate, Emmanuel Guichard, informed AFP. The commerce group notes, in reality, that the pattern is now downward.

Within the first ten months of 2025, France’s cosmetics exports reached EUR 18.75 billion (-1.16%), whereas till now development had been round 6% per 12 months, “aside from the 12 months of Covid when one quarter noticed a decline,” he mentioned.

Improve in US tariffs

FEBEA attributes the decline in French cosmetics exports totally to larger customs duties in the US, their predominant market. Exports to the US have dropped by 18%, whereas gross sales “in every single place else” are up — together with in China (+2%) and the European Union (+4%), in line with Emmanuel Guichard.

In the meantime, imports are up 6% to EUR 4.46 billion, pushed specifically by purchases from China by way of on-line platforms and from Korea, following the “Okay-Magnificence” pattern, explains the FEBEA’s normal delegate.

Consequently, the commerce stability stands at EUR 14.29 billion, down EUR 473 million in contrast with the primary ten months of 2024, a decline of three.2%.

“There may be inevitably some uncertainty concerning the closing two months of 2025, however we see no actual indicators that the year-end will reverse these preliminary figures,” FEBEA emphasised.

Rebound in 2026?

“We stay the second largest contributor to the [French] commerce stability,” asserted Mr. Guichard.

For 2026, FEBEA expects “a lift” from the EU-India free commerce settlement, which opens up a possible market of 70 million shoppers for cosmetics. At current, France exports EUR 58 million price of cosmetics to India.

“We additionally want to spice up our competitiveness and innovation to maintain tempo with South Korea,” Emmanuel Guichard added.