U.S. - Electric Hair Dryers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectric Hair Dryer Price in the United States - 2023
Contents:
- Electric Hair Dryer Price in the United States (CIF) - 2023
- Electric Hair Dryer Price in the United States (FOB) - 2023
- Electric Hair Dryer Imports in the United States
- Electric Hair Dryer Exports in the United States
Electric Hair Dryer Price in the United States (CIF) - 2023
In October 2023, the average electric hair dryer import price amounted to $18.8 per unit, surging by 7.7% against the previous month. Overall, the import price, however, recorded a slight downturn. The pace of growth was the most pronounced in February 2023 when the average import price increased by 37% month-to-month. Over the period under review, average import prices hit record highs at $22.4 per unit in October 2022; however, from November 2022 to October 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Philippines ($100.0 per unit), while the price for Vietnam ($8.4 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Electric Hair Dryer Price in the United States (FOB) - 2023
The average electric hair dryer export price stood at $42.0 per unit in October 2023, waning by -33.7% against the previous month. Over the period under review, the export price, however, posted modest growth. The most prominent rate of growth was recorded in September 2023 an increase of 185% against the previous month. As a result, the export price attained the peak level of $63.3 per unit, and then shrank remarkably in the following month.
There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was Panama ($90.7 per unit), while the average price for exports to Nicaragua ($16.2 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.
Electric Hair Dryer Imports in the United States
Electric hair dryer imports into the United States declined notably to 25M units in 2022, reducing by -17.5% against the previous year's figure. In general, imports recorded a slight slump. The most prominent rate of growth was recorded in 2021 with an increase of 23%. As a result, imports attained the peak of 30M units, and then fell significantly in the following year.
In value terms, electric hair dryer imports rose modestly to $381M in 2022. The total import value increased at an average annual rate of +7.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 33%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
Import of Electric Hair Dryer in the United States (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 247 | 221 | 298 | 283 | 4.6% |
Philippines | 41.4 | 38.5 | 46.1 | 68.0 | 18.0% |
Cambodia | 1.3 | 4.3 | 5.7 | 5.5 | 61.7% |
Others | 19.5 | 15.1 | 20.7 | 24.0 | 7.2% |
Total | 310 | 279 | 370 | 381 | 7.1% |
Top Suppliers of Electric Hair Dryer to the United States in 2022:
- China (23.0M units)
- Philippines (0.7M units)
- Cambodia (0.6M units)
Electric Hair Dryer Exports in the United States
In 2022, the amount of electric hair dryers exported from the United States rose modestly to 585K units, picking up by 3.1% on the previous year. In general, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 51%. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, electric hair dryer exports rose remarkably to $24M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +15.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +88.5% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 72%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
Export of Electric Hair Dryer in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 2.0 | 1.5 | 5.2 | 12.3 | 83.2% |
Canada | 10.0 | 8.6 | 11.2 | 7.8 | -7.9% |
Ecuador | 0.5 | 0.3 | 0.5 | 0.6 | 6.3% |
Guatemala | 0.1 | 0.1 | 0.4 | 0.3 | 44.2% |
Colombia | 0.1 | 0.1 | 0.5 | 0.3 | 44.2% |
Others | 2.7 | 2.1 | 4.0 | 2.5 | -2.5% |
Total | 15.3 | 12.7 | 21.8 | 23.9 | 16.0% |
Top Export Markets for Electric Hair Dryer from the United States in 2022:
- Mexico (237.3K units)
- Canada (229.1K units)
- Ecuador (21.7K units)
- Colombia (10.5K units)
- Guatemala (9.2K units)
This report provides an in-depth analysis of the electric hair dryer market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27512310 - Electric hair dryers
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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During the review period, Electric Hair Dryer imports reached a peak of 2.3M units in May 2023, but from June to December 2023, the number of imports decreased. In terms of value, Electric Hair Dryer imports dropped significantly to $21M in December 2023.
In April 2023, the electric hair dryer price amounted to $15.2 per unit (CIF, US), declining by -5.9% against the previous month.
During the review period, Hair Curler imports reached a peak of 3.8M units in May 2023 before stabilizing until December 2023. In terms of value, imports saw a significant decline to $32M by December 2023.
Hair Curler imports reached a record high of $46 million in May 2023.
Electric heating radiator imports reached a staggering $2.6 million in June 2023.
In terms of value, imports of Electric Heating Resistors decreased to $60M in July 2023.
In February 2023, the price of a microwave oven was $75.9 (CIF, US) - an 11% increase compared to the previous month.
In August 2022, the microwave oven price stood at $85 per unit (CIF, US), with a decrease of -7% against the previous month.
Despite global logistical tensions amid the sharp container shortage, the U.S. continues to boosts microwave oven imports. Last year, American purchases spiked by +16.3% to $1.6B, reaching the highest level ever. In the first seven months of 2021, American imports reached 12.9M units, exceeding last year’s 12.1M units over the same period. China dominates American imports, supplying 95% of the total volume. In 2020, Chinese shipments to the U.S. jumped by +29% y-o-y to 22M units, while Malaysia saw a 19%-decline in supplies. Chinese microwave ovens thus drive out Malaysian products from the American market.
In April 2023, the domestic coffee machine price amounted to $35.2 per unit (CIF, US), with a decrease of -13.2% against the previous month.