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

Contents:

  1. Price for Shavers; with Self-Contained Electric Motor in Pakistan (CIF) - 2022
  2. Imports of Shavers; with Self-Contained Electric Motor in Pakistan

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

In 2022, the average import price for shavers; with self-contained electric motors amounted to $4.7 per unit, dropping by -28.4% against the previous year. In general, the import price, however, continues to indicate a tangible expansion. The growth pace was the most rapid in 2020 when the average import price increased by 62%. Over the period under review, average import prices hit record highs at $6.6 per unit in 2021, and then declined remarkably in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($5.9 per unit), while the price for Bosnia and Herzegovina ($4.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Shavers; with self-contained electric motor imports into Pakistan skyrocketed to 197K units in 2022, growing by 20% compared with 2021. The total import volume increased at an average annual rate of +2.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, shavers; with self-contained electric motor imports shrank to $934K in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.1% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 33% against the previous year. As a result, imports reached the peak of $1.1M, and then fell in the following year.

Import of Shavers; with Self-Contained Electric Motor in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China59772696085012.5%
Bosnia and Herzegovina30.636.743.836.96.4%
Poland5.17.728.033.988.0%
Others43.047.958.713.0-32.9%
Total6768191,09093411.4%

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

  1. China (143.5K units)
  2. Bosnia and Herzegovina (8.9K units)
  3. Poland (6.8K units)

Source: IndexBox Market Intelligence Platform

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