According to China’s General Administration of Customs, the import volume of beauty and personal care products in July 2024 dropped by 2.6% YoY to 27,000 tons, with the import value down 3.2% to 9.3 billion RMB ($1.29 billion). The cumulative cosmetics imports fell 12.1% to 185,000 tons, valued at 68.6 billion RMB ($9.53 billion), down 8.8% YoY. In July 2023, retail sales of consumer goods grew 2.5% to 3.67 trillion RMB ($509 billion), with cosmetics sales down 4.1% to 24.7 billion RMB ($3.42 billion). From January to July, total retail sales rose 7.3% to 26.43 trillion RMB ($3.67 trillion), while cosmetics sales increased 7.2% to 231.5 billion RMB ($32.2 billion).