Price for Shavers; with Self-Contained Electric Motor in Azerbaijan - 2023

Contents:

1. Price for Shavers; with Self-Contained Electric Motor in Azerbaijan (CIF) - 2023
2. Price for Shavers; with Self-Contained Electric Motor in Azerbaijan (FOB) - 2022
3. Imports of Shavers; with Self-Contained Electric Motor in Azerbaijan
4. Exports of Shavers; with Self-Contained Electric Motor in Azerbaijan

Price for Shavers; with Self-Contained Electric Motor in Azerbaijan (CIF) - 2023

The average import price for shavers; with self-contained electric motors stood at $7.3 per unit in July 2023, reducing by -4.2% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 202% m-o-m. As a result, import price attained the peak level of $17.3 per unit. From January 2023 to July 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Indonesia ($50.2 per unit), while the price for China stood at $4.6 per unit.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Indonesia (+8.0%).

Price for Shavers; with Self-Contained Electric Motor in Azerbaijan (FOB) - 2022

The average export price for shavers; with self-contained electric motors stood at $104 per unit in 2022, surging by 271% against the previous year. In general, the export price posted a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Georgia.

From 2016 to 2022, the rate of growth in terms of prices for Georgia amounted to -1.7% per year.

Imports of Shavers; with Self-Contained Electric Motor in Azerbaijan

In 2022, purchases abroad of shavers; with self-contained electric motors increased by 6.9% to 69K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a abrupt slump. Imports peaked at 91K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, shavers; with self-contained electric motor imports dropped to $572K in 2022. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 21%. As a result, imports reached the peak of $691K. From 2021 to 2022, the growth of imports failed to regain momentum.

Top Suppliers of Shavers; with Self-Contained Electric Motor to Azerbaijan in 2022:

1. China (65.0K units)
2. Netherlands (2.5K units)

Exports of Shavers; with Self-Contained Electric Motor in Azerbaijan

In 2022, overseas shipments of shavers; with self-contained electric motors decreased by -98.2% to 14 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 25,600%. As a result, the exports attained the peak of 771 units, and then shrank significantly in the following year.

In value terms, shavers; with self-contained electric motor exports dropped rapidly to $1.5K in 2022. In general, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 27,010% against the previous year. As a result, the exports reached the peak of $22K, and then contracted sharply in the following year.

Top Export Markets for Shavers; with Self-Contained Electric Motor from Azerbaijan in 2022:

1. Georgia (98.0 units)

Source: IndexBox Market Intelligence Platform