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Malaysia - Electric Hair Dryers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectric Hair Dryer Price in Malaysia - 2021
Contents:
- Electric Hair Dryer Price in Malaysia (FOB) - 2022
- Electric Hair Dryer Price in Malaysia (CIF) - 2022
- Electric Hair Dryer Exports in Malaysia
- Electric Hair Dryer Imports in Malaysia
Electric Hair Dryer Price in Malaysia (FOB) - 2022
The average electric hair dryer export price stood at $18 per unit in 2022, declining by -25.2% against the previous year. In general, the export price saw a abrupt descent. The growth pace was the most rapid in 2020 when the average export price increased by 11% against the previous year. The export price peaked at $33 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were the Netherlands ($18 per unit) and Australia ($18 per unit), while the average price for exports to the United States ($18 per unit) and Singapore ($18 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+1.5%), while the prices for the other major destinations experienced a decline.
Electric Hair Dryer Price in Malaysia (CIF) - 2022
In 2022, the average electric hair dryer import price amounted to $9.9 per unit, increasing by 2.5% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electric hair dryer import price increased by +80.2% against 2019 indices. The pace of growth was the most pronounced in 2020 an increase of 37%. The import price peaked in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($24 per unit), while the price for Hong Kong SAR ($8.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+4.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Electric Hair Dryer Exports in Malaysia
In 2022, the amount of electric hair dryers exported from Malaysia soared to 7.9M units, jumping by 37% on the year before. The total export volume increased at an average annual rate of +9.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, electric hair dryer exports rose modestly to $147M in 2022. The total export value increased at an average annual rate of +5.5% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.
Export of Electric Hair Dryer in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 94.0 | 86.9 | 97.8 | 99.6 | 1.9% |
Netherlands | N/A | N/A | 3.2 | 6.4 | 100.0% |
Australia | 5.0 | 2.3 | 3.4 | 6.2 | 7.4% |
Hong Kong SAR | 3.1 | 2.9 | 7.1 | 6.0 | 24.6% |
United Kingdom | 0.4 | 4.9 | 1.2 | 5.4 | 138.1% |
Singapore | 3.1 | 5.5 | 8.1 | 5.3 | 19.6% |
United Arab Emirates | 9.3 | 13.0 | 9.7 | 4.5 | -21.5% |
South Korea | 4.7 | 6.7 | 5.6 | 3.5 | -9.4% |
Thailand | 0.9 | 1.1 | 1.1 | 2.8 | 46.0% |
Others | 4.3 | 2.1 | 5.4 | 6.9 | 17.1% |
Total | 125 | 126 | 143 | 147 | 5.6% |
Top Export Markets for Electric Hair Dryer from Malaysia in 2022:
- China (5410.0K units)
- Netherlands (348.1K units)
- Australia (334.5K units)
- Hong Kong SAR (327.3K units)
- United Kingdom (292.1K units)
- Singapore (287.0K units)
- United Arab Emirates (242.5K units)
- South Korea (190.2K units)
- Thailand (154.6K units)
Electric Hair Dryer Imports in Malaysia
In 2022, imports of electric hair dryers into Malaysia reduced to 467K units, which is down by -6.9% compared with the year before. Over the period under review, imports showed a precipitous decline. The smallest decline of -2.1% was in 2021. Over the period under review, imports attained the maximum at 1.5M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, electric hair dryer imports reduced slightly to $4.6M in 2022. In general, imports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 26%. Over the period under review, imports reached the maximum at $8M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Electric Hair Dryer in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 5.9 | 2.8 | 3.6 | 3.3 | -17.6% |
Thailand | 1.6 | 0.8 | 0.8 | 0.9 | -17.5% |
Italy | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
Hong Kong SAR | N/A | N/A | N/A | 0.2 | 0% |
India | 0.1 | N/A | N/A | N/A | 0% |
Others | 0.2 | 0.1 | 0.3 | 0.1 | -20.6% |
Total | 8.0 | 3.8 | 4.8 | 4.6 | -16.8% |
Top Suppliers of Electric Hair Dryer to Malaysia in 2022:
- China (362.9K units)
- Thailand (72.4K units)
- Hong Kong SAR (21.3K units)
- Italy (7.1K units)
This report provides an in-depth analysis of the electric hair dryer market in Malaysia. 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:
- Malaysia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Malaysia
- 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
-
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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