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

Contents:

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

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

In June 2023, the average import price for shavers; with self-contained electric motors amounted to $35.6 per unit, falling by -1.9% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 20% m-o-m. As a result, import price attained the peak level of $37.2 per unit. From October 2022 to June 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Sweden ($54.3 per unit), while the price for China ($7.7 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 Germany (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for shavers; with self-contained electric motors amounted to $32 per unit, growing by 50% against the previous year. Over the period under review, the export price, however, showed a pronounced curtailment. The pace of growth was the most pronounced in 2019 when the average export price increased by 144%. The export price peaked at $119 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($51 per unit), while the average price for exports to Russia ($17 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+8.5%), while the prices for the other major destinations experienced a decline.

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

After three years of growth, supplies from abroad of shavers; with self-contained electric motors decreased by -24.9% to 281K units in 2022. Over the period under review, imports recorded a deep contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 9.8% against the previous year. As a result, imports reached the peak of 374K units, and then contracted significantly in the following year.

In value terms, shavers; with self-contained electric motor imports dropped slightly to $9M in 2022. The total import value increased at an average annual rate of +1.2% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 2.7%. Over the period under review, imports reached the maximum at $9.1M in 2021, and then shrank modestly in the following year.

Import of Shavers; with Self-Contained Electric Motor in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands3.53.02.73.3-1.9%
Indonesia1.22.43.02.731.0%
China1.81.61.81.6-3.9%
Germany1.00.70.80.7-11.2%
Sweden0.70.60.60.3-24.6%
Denmark0.30.40.10.1-30.7%
Others0.20.20.20.20.0%
Total8.78.99.19.01.1%

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

  1. Indonesia (130.8K units)
  2. China (106.9K units)
  3. Netherlands (74.1K units)
  4. Sweden (23.8K units)
  5. Germany (11.0K units)
  6. Denmark (2.4K units)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of shavers; with self-contained electric motors, when their volume decreased by -48.9% to 4.2K units. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 292%. Over the period under review, the exports hit record highs at 8.1K units in 2021, and then fell dramatically in the following year.

In value terms, shavers; with self-contained electric motor exports fell markedly to $133K in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +8.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 43%. The exports peaked at $173K in 2021, and then shrank rapidly in the following year.

Export of Shavers; with Self-Contained Electric Motor in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia75.085.211175.90.4%
Germany0.10.1N/A16.0442.9%
Russia13.314.24.213.2-0.3%
Sweden3.128.337.513.061.3%
Lithuania1.52.61.45.957.9%
CanadaN/A0.30.13.1221.5%
Denmark5.813.314.82.1-28.7%
Others6.05.83.93.6-15.7%
Total1051501731338.2%

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

  1. Estonia (1796.0 units)
  2. Russia (779.0 units)
  3. Sweden (420.0 units)
  4. Germany (393.0 units)
  5. Lithuania (115.0 units)
  6. Denmark (101.0 units)
  7. Canada (74.0 units)

Source: IndexBox Market Intelligence Platform

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