Price for Shavers; with Self-Contained Electric Motor in Malaysia - 2021

Contents:

  1. Price for Shavers; with Self-Contained Electric Motor in Malaysia (CIF) - 2021
  2. Price for Shavers; with Self-Contained Electric Motor in Malaysia (FOB) - 2022
  3. Imports of Shavers; with Self-Contained Electric Motor in Malaysia
  4. Exports of Shavers; with Self-Contained Electric Motor in Malaysia

Price for Shavers; with Self-Contained Electric Motor in Malaysia (CIF) - 2021

In December 2021, the average import price for shavers; with self-contained electric motors amounted to $76.6 per unit, remaining stable against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2021 when the average import price increased by 0.4% against the previous month. The import price peaked at $76.6 per unit in February 2021; afterwards, it flattened through to December 2021.

Average prices varied noticeably amongst the major supplying countries. In December 2021, the country with the highest price was Germany ($77.1 per unit), while the price for China ($76.5 per unit) was amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Germany (+0.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for shavers; with self-contained electric motors stood at $18 per unit in 2022, with an increase of 19% against the previous year. Over the period under review, the export price enjoyed prominent growth. The pace of growth was the most pronounced in 2020 an increase of 103% against the previous year. Over the period under review, the average export prices reached the peak figure at $47 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($208 per unit), while the average price for exports to the Philippines ($2.6 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 United States (+17.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

After two years of decline, purchases abroad of shavers; with self-contained electric motors increased by 30% to 62K units in 2022. Over the period under review, imports, however, saw a abrupt decline. Imports peaked at 89K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, shavers; with self-contained electric motor imports soared to $1.7M in 2022. In general, imports, however, continue to indicate a abrupt curtailment. Over the period under review, imports reached the peak figure at $2.1M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Shavers; with Self-Contained Electric Motor in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,2377355601,073-4.6%
Taiwan (Chinese)22022924470.1-31.7%
Mexico17818820459.4-30.6%
Others515262213494-1.4%
Total2,1501,4131,2211,696-7.6%

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

  1. China (34.5K units)
  2. Taiwan (Chinese) (9.6K units)
  3. Mexico (4.0K units)

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

In 2022, the amount of shavers; with self-contained electric motors exported from Malaysia reduced modestly to 10K units, therefore, remained relatively stable against the previous year's figure. Overall, exports continue to indicate a dramatic downturn. The growth pace was the most rapid in 2021 when exports increased by 333%. Over the period under review, the exports attained the peak figure at 21K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, shavers; with self-contained electric motor exports surged to $187K in 2022. Over the period under review, exports showed a perceptible shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 248%. Over the period under review, the exports attained the peak figure at $198K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Shavers; with Self-Contained Electric Motor in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore34.52.720.233.7-0.8%
Hong Kong SAR61.325.848.830.2-21.0%
Thailand3.72.512.64.45.9%
Vietnam1.31.010.03.539.1%
United Kingdom1.30.94.51.67.2%
Philippines1.60.60.91.1-11.7%
Taiwan (Chinese)0.30.31.40.518.6%
Kuwait77.1N/AN/AN/A0%
Others17.111.659.511287.1%
Total19845.4158187-1.9%

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

  1. Thailand (1.2K units)
  2. Singapore (0.7K units)
  3. Hong Kong SAR (0.5K units)
  4. Philippines (0.4K units)
  5. Taiwan (Chinese) (0.1K units)
  6. United Kingdom (0.1K units)
  7. Vietnam (0.1K units)

Source: IndexBox Market Intelligence Platform

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