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

Contents:

1. Price for Shavers; with Self-Contained Electric Motor in Ecuador (CIF) - 2022
2. Price for Shavers; with Self-Contained Electric Motor in Ecuador (FOB) - 2022
3. Imports of Shavers; with Self-Contained Electric Motor in Ecuador
4. Exports of Shavers; with Self-Contained Electric Motor in Ecuador

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

The average import price for shavers; with self-contained electric motors stood at $27 per unit in 2022, increasing by 58% against the previous year. Over the period under review, the import price recorded measured growth. The growth pace was the most rapid in 2021 an increase of 137%. The import price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($148 per unit), while the price for Mexico ($8.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+23.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for shavers; with self-contained electric motors stood at $21 per unit in 2022, declining by -35.6% against the previous year. Over the period under review, the export price continues to indicate a noticeable shrinkage. The growth pace was the most rapid in 2019 when the average export price increased by 131%. Over the period under review, the average export prices hit record highs at $33 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 Ireland ($68 per unit), while the average price for exports to the Netherlands ($11 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 the Netherlands (+40.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, approx. 31K units of shavers; with self-contained electric motors were imported into Ecuador; picking up by 33% on the previous year's figure. In general, imports, however, saw a dramatic setback. Imports peaked at 90K units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, shavers; with self-contained electric motor imports soared to $852K in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +10.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. China (15.4K units)
2. Indonesia (1.0K units)
3. Panama (0.2K units)
4. United States (0.1K units)

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

Shavers; with self-contained electric motor exports from Ecuador declined dramatically to 19 units in 2022, dropping by -26.9% compared with the previous year. In general, exports, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of 136%. As a result, the exports attained the peak of 26 units, and then declined remarkably in the following year.

In value terms, shavers; with self-contained electric motor exports reduced rapidly to $399 in 2022. Over the period under review, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 149%. As a result, the exports attained the peak of $848, and then dropped dramatically in the following year.

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

1. Netherlands (4.0 units)
2. Ireland (3.0 units)
3. Panama (2.0 units)
4. Colombia (1.0 units)

Source: IndexBox Market Intelligence Platform