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Canada - Electric Hair Dryers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectric Hair Dryer Price in Canada - 2023
Contents:
- Electric Hair Dryer Price in Canada (CIF) - 2023
- Electric Hair Dryer Price in Canada (FOB) - 2022
- Electric Hair Dryer Imports in Canada
- Electric Hair Dryer Exports in Canada
Electric Hair Dryer Price in Canada (CIF) - 2023
The average electric hair dryer import price stood at $32.4 per unit in September 2023, growing by 91% against the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 91% m-o-m. As a result, import price reached the peak level of $52.0 per unit. From March 2023 to September 2023, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was China ($33.5 per unit), while the price for the Philippines amounted to $28.6 per unit.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+9.3%).
Electric Hair Dryer Price in Canada (FOB) - 2022
In 2022, the average electric hair dryer export price amounted to $20 per unit, waning by -10% against the previous year. In general, the export price recorded a abrupt setback. The growth pace was the most rapid in 2018 when the average export price increased by 57%. Over the period under review, the average export prices reached the maximum at $48 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Saint Kitts and Nevis ($25 per unit), while the average price for exports to the United States stood at $19 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.3%).
Electric Hair Dryer Imports in Canada
In 2022, supplies from abroad of electric hair dryers was finally on the rise to reach 2.1M units after two years of decline. Overall, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports attained the peak figure at 2.2M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, electric hair dryer imports soared to $46M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Electric Hair Dryer in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 20.7 | 15.1 | 17.0 | 23.5 | 4.3% |
Philippines | 10.7 | 11.3 | 12.6 | 20.6 | 24.4% |
United States | 1.4 | 3.5 | 4.2 | 0.6 | -24.6% |
Others | 2.3 | 1.5 | 1.4 | 1.7 | -9.6% |
Total | 35.1 | 31.5 | 35.2 | 46.5 | 9.8% |
Top Suppliers of Electric Hair Dryer to Canada in 2022:
- China (1700.6K units)
- Philippines (350.6K units)
- United States (15.9K units)
Electric Hair Dryer Exports in Canada
In 2022, overseas shipments of electric hair dryers decreased by -35.1% to 17K units, falling for the second year in a row after two years of growth. Overall, exports showed a abrupt contraction. The pace of growth was the most pronounced in 2020 when exports increased by 15%. As a result, the exports attained the peak of 27K units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, electric hair dryer exports fell markedly to $340K in 2022. In general, exports faced a precipitous setback. The growth pace was the most rapid in 2021 when exports increased by 8.8% against the previous year. Over the period under review, the exports attained the maximum at $728K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Electric Hair Dryer in Canada (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 681 | 525 | 572 | 319 | -22.3% |
Saint Kitts and Nevis | N/A | N/A | N/A | 11.1 | 0% |
Chile | 16.3 | N/A | 9.9 | N/A | -22.1% |
Others | 31.1 | 10.2 | 0.3 | 10.8 | -29.7% |
Total | 728 | 535 | 582 | 340 | -22.4% |
Top Export Markets for Electric Hair Dryer from Canada in 2022:
- United States (16.4K units)
- Saint Kitts and Nevis (0.4K units)
This report provides an in-depth analysis of the electric hair dryer market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27512310 - Electric hair dryers
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In February 2023, the hair curler price stood at $27.1 per unit (CIF, Canada), surging by 67% against the previous month.
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