Price for Shavers; with Self-Contained Electric Motor in Hong Kong SAR - 2023
Contents:
- Price for Shavers; with Self-Contained Electric Motor in Hong Kong SAR (CIF) - 2023
- Price for Shavers; with Self-Contained Electric Motor in Hong Kong SAR (FOB) - 2022
- Imports of Shavers; with Self-Contained Electric Motor in Hong Kong SAR
- Exports of Shavers; with Self-Contained Electric Motor in Hong Kong SAR
Price for Shavers; with Self-Contained Electric Motor in Hong Kong SAR (CIF) - 2023
The average import price for shavers; with self-contained electric motors stood at $37.6 per unit in June 2023, dropping by -11.3% against the previous month. Overall, import price indicated a moderate increase from June 2022 to June 2023: its price increased at an average monthly rate of +3.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, shavers; with self-contained electric motor import price decreased by -16.2% against March 2023 indices. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 49% m-o-m. Over the period under review, average import prices attained the peak figure at $44.9 per unit in March 2023; however, from April 2023 to June 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Belgium ($84.1 per unit), while the price for Thailand ($4.6 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 Poland (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Shavers; with Self-Contained Electric Motor in Hong Kong SAR (FOB) - 2022
The average export price for shavers; with self-contained electric motors stood at $30 per unit in 2022, increasing by 106% against the previous year. In general, the export price posted prominent growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 356%. As a result, the export price reached the peak level of $35 per unit. From 2014 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($60 per unit), while the average price for exports to Poland ($2.7 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 China (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Shavers; with Self-Contained Electric Motor in Hong Kong SAR
In 2022, approx. 2M units of shavers; with self-contained electric motors were imported into Hong Kong SAR; which is down by -65.6% against the previous year's figure. Over the period under review, imports continue to indicate a dramatic descent. The pace of growth was the most pronounced in 2021 with an increase of 18% against the previous year. Over the period under review, imports reached the peak figure at 7.1M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, shavers; with self-contained electric motor imports contracted markedly to $49M in 2022. Overall, imports saw a precipitous shrinkage. The smallest decline of less than 0.1% was in 2021. Over the period under review, imports hit record highs at $104M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Shavers; with Self-Contained Electric Motor in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 51.2 | 36.1 | 40.5 | 19.7 | -27.3% |
| Netherlands | 22.8 | 19.7 | 16.8 | 16.7 | -9.9% |
| Germany | 2.0 | 3.0 | 6.0 | 3.4 | 19.3% |
| United Arab Emirates | 4.4 | 6.0 | 1.8 | 2.2 | -20.6% |
| Japan | 8.9 | 3.8 | 2.9 | 1.9 | -40.2% |
| Singapore | 10.1 | 8.1 | 8.4 | 1.5 | -47.0% |
| United States | 0.6 | 1.0 | 2.2 | 1.3 | 29.4% |
| Others | 4.3 | 6.4 | 5.5 | 2.6 | -15.4% |
| Total | 104 | 84.1 | 84.1 | 49.3 | -22.0% |
Top Suppliers of Shavers; with Self-Contained Electric Motor to Hong Kong SAR in 2022:
- China (1201.8K units)
- Netherlands (322.3K units)
- Germany (116.9K units)
- United Arab Emirates (58.2K units)
- Singapore (50.8K units)
- Japan (48.9K units)
- United States (42.1K units)
Exports of Shavers; with Self-Contained Electric Motor in Hong Kong SAR
In 2022, approx. 1.3M units of shavers; with self-contained electric motors were exported from Hong Kong SAR; falling by -78.1% against 2021 figures. Overall, exports recorded a dramatic decline. The pace of growth was the most pronounced in 2021 when exports increased by 12% against the previous year. The exports peaked at 6.2M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, shavers; with self-contained electric motor exports declined dramatically to $38M in 2022. Over the period under review, exports saw a precipitous slump. The pace of growth was the most pronounced in 2021 when exports increased by 0.9%. The exports peaked at $85M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Shavers; with Self-Contained Electric Motor in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 54.2 | 37.6 | 46.5 | 26.2 | -21.5% |
| Japan | 4.7 | 26.7 | 17.0 | 2.8 | -15.9% |
| Macao SAR | 2.4 | 3.6 | 2.4 | 1.5 | -14.5% |
| Chile | 0.3 | 0.4 | 0.6 | 1.0 | 49.4% |
| Australia | 0.7 | 1.2 | 0.8 | 0.6 | -5.0% |
| Belgium | N/A | N/A | N/A | 0.6 | 0% |
| United Arab Emirates | N/A | N/A | N/A | 0.5 | 0% |
| India | 0.2 | 0.2 | 0.2 | 0.5 | 35.7% |
| United States | 6.8 | 2.8 | 4.3 | 0.4 | -61.1% |
| United Kingdom | 0.9 | 1.0 | 0.4 | 0.3 | -30.7% |
| Singapore | 0.3 | 0.3 | 0.1 | 0.2 | -12.6% |
| Mexico | 5.4 | 3.8 | 4.1 | 0.2 | -66.7% |
| Poland | 2.8 | 0.7 | 1.1 | 0.1 | -67.1% |
| Others | 6.2 | 4.8 | 6.3 | 2.8 | -23.3% |
| Total | 85.0 | 83.1 | 83.8 | 37.7 | -23.7% |
Top Export Markets for Shavers; with Self-Contained Electric Motor from Hong Kong SAR in 2022:
- China (434.5K units)
- Japan (181.8K units)
- United States (114.8K units)
- Belgium (112.0K units)
- India (82.2K units)
- Mexico (71.9K units)
- United Kingdom (67.1K units)
- Poland (39.1K units)
- Macao SAR (32.8K units)
- Australia (31.8K units)
- United Arab Emirates (31.5K units)
- Chile (28.2K units)
- Singapore (26.3K units)
282
This report provides an in-depth analysis of the market for electric shavers, hair-removing appliances and hair clippers in Hong Kong SAR, China.
393
This report provides an in-depth analysis of the global market for electric shavers, hair-removing appliances and hair clippers.
282
This report provides an in-depth analysis of the market for electric shavers, hair-removing appliances and hair clippers in Hong Kong SAR, China.
393
This report provides an in-depth analysis of the global market for electric shavers, hair-removing appliances and hair clippers.
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