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

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

In June 2023, the average import price for shavers; with self-contained electric motors amounted to $14.3 per unit, growing by 2.1% against the previous month. In general, the import price, however, showed a slight setback. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 13% against the previous month. Over the period under review, average import prices reached the maximum at $19.4 per unit in December 2022; however, from January 2023 to June 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($66.8 per unit), while the price for China ($7.3 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Hungary (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In June 2023, the average export price for shavers; with self-contained electric motors amounted to $27.0 per unit, picking up by 4.3% against the previous month. Overall, the export price, however, recorded a noticeable curtailment. The growth pace was the most rapid in August 2022 an increase of 63% month-to-month. Over the period under review, the average export prices hit record highs at $41.1 per unit in October 2022; however, from November 2022 to June 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Ireland ($30.1 per unit), while the average price for exports to Spain ($12.2 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+21.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Shavers; with Self-Contained Electric Motor in the UK

For the third year in a row, the UK recorded decline in supplies from abroad of shavers; with self-contained electric motors, which decreased by -0.8% to 3.7M units in 2022. Over the period under review, imports recorded a deep reduction. Over the period under review, imports hit record highs at 4.9M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, shavers; with self-contained electric motor imports declined to $65M in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 9.3%. As a result, imports attained the peak of $71M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Shavers; with Self-Contained Electric Motor in the UK (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	16.0	18.2	15.0	22.1	11.4%
Netherlands	21.9	26.9	36.5	20.4	-2.3%
Indonesia	N/A	N/A	N/A	11.8	0%
Germany	19.3	15.4	7.7	7.1	-28.3%
Hungary	0.1	3.0	2.5	1.5	146.6%
Poland	4.0	3.4	2.0	0.1	-70.8%
Others	3.6	3.9	2.8	2.1	-16.4%
Total	64.9	70.9	66.4	65.0	0.1%

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

China (2173.3K units)
Indonesia (595.4K units)
Netherlands (570.2K units)
Germany (187.3K units)
Hungary (63.7K units)
Poland (14.8K units)

Exports of Shavers; with Self-Contained Electric Motor in the UK

In 2022, shipments abroad of shavers; with self-contained electric motors decreased by -63.3% to 206K units, falling for the second year in a row after two years of growth. In general, exports recorded a dramatic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 44%. As a result, the exports attained the peak of 757K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, shavers; with self-contained electric motor exports contracted remarkably to $6.5M in 2022. Over the period under review, exports faced a precipitous slump. The pace of growth appeared the most rapid in 2020 with an increase of 2.6%. As a result, the exports reached 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 the UK (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Ireland	5,904	6,407	4,421	3,725	-14.2%
Netherlands	830	542	677	502	-15.4%
France	456	705	375	484	2.0%
United Arab Emirates	14.1	7.4	7.2	338	188.3%
Germany	2,398	3,473	191	322	-48.8%
United States	536	112	198	153	-34.2%
Iceland	25.7	8.8	53.1	129	71.2%
Poland	514	428	209	82.2	-45.7%
Singapore	869	347	39.4	76.7	-55.5%
Hong Kong SAR	708	140	3.3	66.2	-54.6%
Spain	1,136	817	8.3	37.7	-67.9%
Others	1,713	2,506	1,700	545	-31.7%
Total	15,104	15,494	7,882	6,463	-24.6%