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

Contents:

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

Price for Shavers; with Self-Contained Electric Motor in China (FOB) - 2023

The average export price for shavers; with self-contained electric motors stood at $7.4 per unit in June 2023, falling by -5.5% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 20% month-to-month. The export price peaked at $9.7 per unit in August 2022; however, from September 2022 to June 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($16.9 per unit), while the average price for exports to Algeria ($1.8 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for shavers; with self-contained electric motors stood at $47.5 per unit in June 2023, surging by 7.6% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The growth pace was the most rapid in January 2023 an increase of 44% m-o-m. As a result, import price attained the peak level of $52.5 per unit. From February 2023 to June 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($124 per unit), while the price for Indonesia ($24.4 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

After three years of growth, shipments abroad of shavers; with self-contained electric motors decreased by -1.1% to 56M units in 2022. The total export volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 3.6% against the previous year. As a result, the exports reached the peak of 57M units, and then shrank in the following year.

In value terms, shavers; with self-contained electric motor exports rose modestly to $444M in 2022. The total export value increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Export of Shavers; with Self-Contained Electric Motor in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan10392.810294.7-2.8%
United States74.781.083.586.34.9%
Germany38.336.750.741.62.8%
Singapore8.93.15.822.035.2%
Australia14.112.613.321.014.2%
United Kingdom12.514.616.613.52.6%
South Korea24.123.617.012.4-19.9%
Russia6.37.512.110.016.7%
Vietnam1.74.25.79.174.9%
Poland5.26.18.18.718.7%
Mexico4.75.67.28.320.9%
Netherlands8.36.78.57.8-2.0%
India3.83.03.03.90.9%
Others96.886.592.21052.7%
Total4023844264443.4%

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

  1. United States (11.3M units)
  2. Japan (6.8M units)
  3. Germany (4.2M units)
  4. Poland (2.5M units)
  5. Mexico (2.4M units)
  6. Vietnam (1.8M units)
  7. Singapore (1.7M units)
  8. Australia (1.6M units)
  9. United Kingdom (1.4M units)
  10. Russia (1.3M units)
  11. Netherlands (1.2M units)
  12. South Korea (1.1M units)
  13. India (1.0M units)

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

In 2022, overseas purchases of shavers; with self-contained electric motors decreased by -19% to 2.7M units, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 8.2% against the previous year. As a result, imports attained the peak of 3.4M units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, shavers; with self-contained electric motor imports fell markedly to $110M in 2022. Overall, imports recorded a mild decrease. The most prominent rate of growth was recorded in 2020 with an increase of 32% against the previous year. As a result, imports reached the peak of $150M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Shavers; with Self-Contained Electric Motor in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany53.641.244.138.7-10.3%
Netherlands42.750.941.533.7-7.6%
Indonesia5.99.914.117.944.8%
Japan6.27.411.98.611.5%
Others5.840.932.811.425.3%
Total114150144110-1.2%

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

  1. Germany (926.3K units)
  2. Indonesia (797.1K units)
  3. Netherlands (327.0K units)
  4. Japan (200.2K units)

Source: IndexBox Market Intelligence Platform

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