Price for Shavers; with Self-Contained Electric Motor in Singapore - 2022

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

In 2022, the average export price for shavers; with self-contained electric motors amounted to $5.1 per unit, picking up by 57% against the previous year. In general, the export price, however, saw a deep contraction. The export price peaked at $31 per unit in 2014; however, from 2015 to 2022, the 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 ($37 per unit), while the average price for exports to Hungary ($3.1 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 (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Shavers; with Self-Contained Electric Motor in Singapore (CIF) - 2022

In 2022, the average import price for shavers; with self-contained electric motors amounted to $5.1 per unit, surging by 62% against the previous year. In general, the import price, however, saw a abrupt contraction. The import price peaked at $23 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($56 per unit), while the price for Thailand ($2.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (-1.7%), while the prices for the other major suppliers experienced a decline.

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

In 2022, overseas shipments of shavers; with self-contained electric motors decreased by -64% to 2.7M units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 126%. As a result, the exports reached the peak of 7.5M units, and then reduced dramatically in the following year.

In value terms, shavers; with self-contained electric motor exports contracted notably to $14M in 2022. Over the period under review, exports continue to indicate a precipitous decline. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. Over the period under review, the exports attained the maximum at $27M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Shavers; with Self-Contained Electric Motor in Singapore (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Hungary	0.2	0.3	1.7	2.9	143.8%
China	0.6	1.9	2.9	2.8	67.1%
United States	0.6	1.1	3.6	1.5	35.7%
Indonesia	3.7	2.0	1.7	1.2	-31.3%
Hong Kong SAR	16.9	7.6	9.6	1.1	-59.8%
United Arab Emirates	N/A	N/A	N/A	0.8	0%
Netherlands	0.9	0.6	0.5	0.6	-12.6%
Israel	1.6	1.6	1.1	0.5	-32.1%
Philippines	0.2	0.2	0.2	0.4	26.0%
Canada	0.2	0.4	0.4	0.2	0.0%
Japan	N/A	N/A	N/A	0.2	0%
Others	2.4	1.5	2.9	1.5	-14.5%
Total	27.1	17.2	24.5	13.9	-20.0%

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

Hungary (935.0K units)
Indonesia (179.1K units)
United States (80.8K units)
China (76.6K units)
Philippines (53.2K units)
Netherlands (49.2K units)
Canada (47.8K units)
United Arab Emirates (41.3K units)
Japan (39.0K units)
Hong Kong SAR (35.6K units)
Israel (19.7K units)

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

After three years of growth, overseas purchases of shavers; with self-contained electric motors decreased by -55.7% to 3.5M units in 2022. In general, imports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 124% against the previous year. As a result, imports reached the peak of 7.8M units, and then reduced dramatically in the following year.

In value terms, shavers; with self-contained electric motor imports contracted dramatically to $18M in 2022. Overall, imports saw a deep downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 71% against the previous year. Over the period under review, imports attained the peak figure at $29M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Shavers; with Self-Contained Electric Motor in Singapore (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Indonesia	2.8	3.7	9.5	7.1	36.4%
China	15.9	6.1	10.3	6.6	-25.4%
Netherlands	5.9	3.1	3.0	1.4	-38.1%
Germany	0.9	0.2	0.5	1.3	13.0%
Japan	0.7	0.4	0.2	0.5	-10.6%
Thailand	0.2	0.2	N/A	0.1	-20.6%
Others	2.6	0.6	0.8	0.5	-42.3%
Total	29.0	14.2	24.4	17.5	-15.5%