Cosmetics import value South Korea 2014-2022

In 2022, the value of cosmetics imported into South Korea amounted to around 1.71 trillion South Korean won, about 1.33 billion U.S. dollars according to source. That year, the market size of the South Korean cosmetics industry stood at approximately five trillion South Korean won. Recently, the production and exports of South Korean cosmetics have grown greatly thanks to the global popularity of K-beauty.