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

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

In July 2023, the average import price for shavers; with self-contained electric motors amounted to $6.8 per unit, with a decrease of -26% against the previous month. Overall, the import price continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in October 2022 an increase of 86% month-to-month. As a result, import price attained the peak level of $23.5 per unit. From November 2022 to July 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the Netherlands ($56.2 per unit), while the price for China ($3.6 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 the Netherlands (+5.8%), while the prices for the other major suppliers experienced a decline.

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

The average export price for shavers; with self-contained electric motors stood at $28 per unit in 2022, jumping by 168% against the previous year. In general, the export price enjoyed a strong increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($69 per unit), while the average price for exports to Georgia ($6.1 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 (+63.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, supplies from abroad of shavers; with self-contained electric motors decreased by -24.5% to 509K units, falling for the second consecutive year after two years of growth. In general, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 53% against the previous year. As a result, imports reached the peak of 1.3M units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, shavers; with self-contained electric motor imports skyrocketed to $6.2M in 2022. Over the period under review, imports showed a perceptible slump. The most prominent rate of growth was recorded in 2020 when imports increased by 44%. As a result, imports reached the peak of $9.7M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Shavers; with Self-Contained Electric Motor in Turkey (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	3.8	4.7	2.5	2.6	-11.9%
Indonesia	1.0	2.6	1.0	1.7	19.3%
Germany	1.2	1.0	1.3	0.9	-9.1%
Hungary	N/A	0.1	N/A	0.6	144.9%
Netherlands	0.5	0.9	0.4	0.4	-7.2%
Others	0.3	0.4	0.1	0.1	-30.7%
Total	6.7	9.7	5.3	6.2	-2.6%

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

China (352.9K units)
Indonesia (103.8K units)
Germany (18.3K units)
Netherlands (16.8K units)
Hungary (14.3K units)

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

Shavers; with self-contained electric motor exports from Turkey contracted sharply to 71K units in 2022, which is down by -23% on 2021. Overall, exports showed a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 51% against the previous year. The exports peaked at 158K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, shavers; with self-contained electric motor exports skyrocketed to $2M in 2022. Over the period under review, exports, however, enjoyed a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Shavers; with Self-Contained Electric Motor in Turkey (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	N/A	N/A	0.7	1,373	196042.9%
Poland	322	772	347	238	-9.6%
United States	N/A	0.1	34.1	83.3	2786.2%
Azerbaijan	3.7	6.2	28.7	52.9	142.7%
Germany	839	31.6	183	49.5	-61.1%
Romania	20.6	58.0	7.9	14.9	-10.2%
Croatia	0.8	0.2	1.2	14.5	162.7%
Georgia	0.4	5.5	2.2	14.4	230.2%
Cyprus	40.5	32.6	12.2	6.1	-46.8%
Belgium	188	112	0.3	4.3	-71.6%
Iraq	18.5	4.2	13.1	2.4	-49.4%
Morocco	96.8	0.6	0.1	0.3	-85.4%
Jordan	15.5	1.2	158	N/A	219.3%
Others	129	162	184	156	6.5%
Total	1,675	1,187	972	2,009	6.2%