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

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

In July 2023, the average import price for shavers; with self-contained electric motors amounted to $52.6 per unit, approximately mirroring the previous month. Over the period under review, import price indicated a perceptible increase from July 2022 to July 2023: its price increased at an average monthly rate of +2.7% over the last twelve months. 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 decreased by -32.2% against March 2023 indices. The pace of growth appeared the most rapid in October 2022 when the average import price increased by 61% month-to-month. As a result, import price reached the peak level of $87.0 per unit. From November 2022 to July 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Spain ($96.8 per unit), while the price for China ($14.6 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 France (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In July 2023, the average export price for shavers; with self-contained electric motors amounted to $66.6 per unit, waning by -15% against the previous month. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 when the average export price increased by 73% month-to-month. Over the period under review, the average export prices attained the peak figure at $99.7 per unit in May 2023; however, from June 2023 to July 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Austria ($96.4 per unit), while the average price for exports to France ($32.6 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 Romania (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 1.9M units of shavers; with self-contained electric motors were imported into Italy; which is down by -33% against 2021. In general, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 11% against the previous year. As a result, imports reached the peak of 2.8M units, and then shrank significantly in the following year.

In value terms, shavers; with self-contained electric motor imports contracted slightly to $37M in 2022. Over the period under review, total imports indicated a measured increase from 2019 to 2022: its value increased at an average annual rate of +2.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -27.2% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 47% against the previous year. As a result, imports reached the peak of $51M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Shavers; with Self-Contained Electric Motor in Italy (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	0.5	1.4	5.3	17.4	226.5%
Germany	7.8	9.9	10.0	8.9	4.5%
China	3.7	4.4	7.5	4.3	5.1%
France	15.9	28.6	10.2	3.5	-39.6%
Spain	1.8	2.9	2.1	1.9	1.8%
Poland	2.6	1.9	2.0	0.8	-32.5%
Others	2.0	1.4	0.7	N/A	-40.8%
Total	34.4	50.5	37.7	36.8	2.3%

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

China (914.1K units)
Germany (370.9K units)
Netherlands (366.6K units)
France (235.0K units)
Spain (168.6K units)
Poland (96.9K units)

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

Shavers; with self-contained electric motor exports from Italy declined rapidly to 245K units in 2022, waning by -34.3% compared with 2021 figures. In general, exports continue to indicate a sharp reduction. The smallest decline of -17.7% was in 2021. Over the period under review, the exports reached the maximum at 1.2M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, shavers; with self-contained electric motor exports contracted notably to $6.2M in 2022. Over the period under review, exports saw a dramatic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 6.8% against the previous year. As a result, the exports attained the peak of $15M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Shavers; with Self-Contained Electric Motor in Italy (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Czech Republic	569	1,131	1,730	1,419	35.6%
Germany	2,220	3,529	2,121	1,344	-15.4%
France	1,741	2,208	2,551	1,014	-16.5%
Spain	1,518	2,178	1,306	665	-24.1%
Poland	2,271	373	293	348	-46.5%
Hong Kong SAR	4.5	N/A	6.4	272	292.5%
Belgium	225	189	186	243	2.6%
Malta	85.5	122	85.0	115	10.4%
United Kingdom	366	685	187	86.2	-38.2%
Greece	181	1,026	178	76.7	-24.9%
Russia	34.1	86.7	24.7	41.6	6.9%
Bulgaria	51.8	4.7	9.2	30.3	-16.4%
Equatorial Guinea	37.1	N/A	N/A	N/A	0%
Others	4,574	3,292	1,700	592	-49.4%
Total	13,879	14,823	10,379	6,247	-23.4%