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

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

The average import price for shavers; with self-contained electric motors stood at $34.8 per unit in July 2023, picking up by 7.7% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 83% against the previous month. Over the period under review, average import prices reached the peak figure at $65.4 per unit in April 2023; however, from May 2023 to July 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the Netherlands ($149 per unit), while the price for Sweden ($16.4 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 the Netherlands (+2.1%), while the prices for the other major suppliers experienced a decline.

Price for Shavers; with Self-Contained Electric Motor in Denmark (FOB) - 2023

The average export price for shavers; with self-contained electric motors stood at $121 per unit in July 2023, rising by 13% against the previous month. In general, export price indicated a buoyant increase from July 2022 to July 2023: its price increased at an average monthly rate of +5.5% 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 export price decreased by -5.3% against April 2023 indices. The pace of growth was the most pronounced in October 2022 an increase of 67% against the previous month. Over the period under review, the average export prices reached the maximum at $128 per unit in April 2023; however, from May 2023 to July 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Norway ($217 per unit), while the average price for exports to the Netherlands ($94.1 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of shavers; with self-contained electric motors into Denmark soared to 876K units, with an increase of 25% on the year before. Over the period under review, imports continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 42%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, shavers; with self-contained electric motor imports rose slightly to $14M in 2022. The total import value increased at an average annual rate of +4.2% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 18%. As a result, imports attained the peak of $15M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Shavers; with Self-Contained Electric Motor in Denmark (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	2.2	4.3	4.6	6.6	44.2%
Sweden	6.0	6.8	5.6	4.9	-6.5%
Germany	2.7	2.2	1.2	1.2	-23.7%
China	0.1	0.2	0.1	0.4	58.7%
Spain	N/A	N/A	0.2	0.3	50.0%
Others	1.8	1.5	2.3	1.0	-17.8%
Total	12.8	15.2	13.9	14.5	4.2%

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

Netherlands (272.2K units)
Sweden (159.1K units)
Germany (49.5K units)
China (30.6K units)
Spain (13.3K units)

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

In 2022, overseas shipments of shavers; with self-contained electric motors decreased by -40.8% to 115K units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted significant growth. The growth pace was the most rapid in 2020 when exports increased by 223% against the previous year. Over the period under review, the exports reached the maximum at 194K units in 2021, and then fell notably in the following year.

In value terms, shavers; with self-contained electric motor exports fell sharply to $3.5M in 2022. Over the period under review, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 102% against the previous year. Over the period under review, the exports attained the maximum at $5.4M in 2021, and then contracted notably in the following year.

Export of Shavers; with Self-Contained Electric Motor in Denmark (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Norway	358	525	1,107	1,153	47.7%
Sweden	688	922	1,327	978	12.4%
Germany	501	1,353	1,240	473	-1.9%
Finland	50.5	101	328	391	97.8%
France	6.2	36.8	229	282	257.0%
Netherlands	73.3	185	980	156	28.6%
Greenland	36.9	18.3	26.8	24.4	-12.9%
Poland	34.5	104	28.6	19.9	-16.8%
Faroe Islands	14.1	16.6	15.1	11.5	-6.6%
Estonia	N/A	95.4	0.3	N/A	-99.7%
Others	66.4	338	124	45.5	-11.8%
Total	1,829	3,695	5,406	3,534	24.6%