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

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

The average import price for shavers; with self-contained electric motors stood at $73.0 per unit in July 2023, jumping by 19% against the previous month. Overall, import price indicated a resilient expansion from July 2022 to July 2023: its price increased at an average monthly rate of +5.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, shavers; with self-contained electric motor import price increased by +40.9% against April 2023 indices. The most prominent rate of growth was recorded in August 2022 an increase of 45% m-o-m. Over the period under review, average import prices hit record highs at $82.5 per unit in January 2023; however, from February 2023 to July 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was France ($97.4 per unit), while the price for China ($29.5 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Belgium (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for shavers; with self-contained electric motors amounted to $15 per unit, waning by -40% against the previous year. Overall, the export price showed a pronounced downturn. The growth pace was the most rapid in 2014 when the average export price increased by 335% against the previous year. Over the period under review, the average export prices reached the maximum at $25 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($36 per unit), while the average price for exports to France ($8.9 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 Poland (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of shavers; with self-contained electric motors imported into Spain dropped to 1.7M units, declining by -11.3% against 2021. Over the period under review, imports faced a deep downturn. The growth pace was the most rapid in 2021 when imports increased by 9.4% against the previous year. Imports peaked at 2.5M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, shavers; with self-contained electric motor imports fell to $32M in 2022. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 7.8%. As a result, imports attained the peak of $37M, and then reduced in the following year.

Import of Shavers; with Self-Contained Electric Motor in Spain (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	10.3	9.5	12.4	11.1	2.5%
Germany	6.2	9.8	10.8	8.1	9.3%
China	4.5	4.5	4.9	6.8	14.8%
Italy	1.5	2.7	1.4	1.2	-7.2%
Belgium	0.2	0.5	0.8	1.0	71.0%
Poland	3.4	3.2	2.1	0.9	-35.8%
Indonesia	3.5	2.2	1.9	0.8	-38.9%
Others	3.2	1.8	2.3	2.0	-14.5%
Total	32.8	34.0	36.7	31.9	-0.9%

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

China (763.9K units)
Germany (353.2K units)
Netherlands (294.4K units)
Poland (107.0K units)
Belgium (38.8K units)
Indonesia (36.9K units)
Italy (26.2K units)

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

Shavers; with self-contained electric motor exports from Spain soared to 1.2M units in 2022, surging by 25% against 2021. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +13.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.4% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, shavers; with self-contained electric motor exports reduced rapidly to $17M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +7.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 40% against the previous year. The exports peaked at $23M in 2021, and then reduced rapidly in the following year.

Export of Shavers; with Self-Contained Electric Motor in Spain (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	3.6	5.0	6.2	4.1	4.4%
France	3.3	4.1	4.4	3.1	-2.1%
Italy	1.8	3.2	2.3	2.8	15.9%
Portugal	2.0	2.4	2.0	2.3	4.8%
Poland	1.2	1.7	5.9	2.1	20.5%
Netherlands	0.1	0.2	0.3	0.3	44.2%
Others	2.1	3.0	2.1	2.5	6.0%
Total	14.0	19.6	23.0	17.3	7.3%