China - Electric Smoothing Irons - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSmoothing Iron Price in China - 2023
Contents:
- Smoothing Iron Price in China (FOB) - 2023
- Smoothing Iron Price in China (CIF) - 2023
- Smoothing Iron Exports in China
- Smoothing Iron Imports in China
Smoothing Iron Price in China (FOB) - 2023
The average smoothing iron export price stood at $9.4 per unit in June 2023, reducing by -1.9% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 an increase of 5.9% against the previous month. As a result, the export price reached the peak level of $10.8 per unit. From October 2022 to June 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Italy ($18.7 per unit), while the average price for exports to South Africa ($5.7 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 Italy (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.
Smoothing Iron Price in China (CIF) - 2023
In June 2023, the average smoothing iron import price amounted to $222 per unit, growing by 80% against the previous month. Overall, the import price recorded a buoyant increase. The most prominent rate of growth was recorded in February 2023 an increase of 267% month-to-month. As a result, import price reached the peak level of $303 per unit. From March 2023 to June 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 June 2023, the country with the highest price was Hungary ($333 per unit), while the price for Indonesia ($26.6 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 (+6.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Smoothing Iron Exports in China
Smoothing iron exports from China totaled 104M units in 2022, picking up by 4.7% against the year before. Over the period under review, exports, however, saw a noticeable decrease. The pace of growth was the most pronounced in 2021 with an increase of 8.7% against the previous year. The exports peaked at 114M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, smoothing iron exports rose rapidly to $1.1B in 2022. The total export value increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 16%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Smoothing Iron in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 160 | 131 | 153 | 197 | 7.2% |
| Russia | 36.5 | 46.1 | 64.1 | 55.6 | 15.1% |
| United Kingdom | 50.4 | 49.8 | 45.7 | 55.2 | 3.1% |
| Japan | 57.7 | 51.4 | 54.0 | 47.5 | -6.3% |
| United Arab Emirates | 35.5 | 26.4 | 40.8 | 47.3 | 10.0% |
| Italy | 49.6 | 48.0 | 75.4 | 44.2 | -3.8% |
| Germany | 36.0 | 31.3 | 39.3 | 32.5 | -3.4% |
| Mexico | 33.2 | 23.7 | 23.6 | 30.4 | -2.9% |
| Spain | 26.2 | 25.8 | 27.3 | 26.0 | -0.3% |
| Thailand | 11.0 | 11.3 | 13.9 | 23.1 | 28.1% |
| Brazil | 31.6 | 23.6 | 24.6 | 22.9 | -10.2% |
| South Africa | 24.2 | 17.3 | 18.9 | 18.6 | -8.4% |
| Indonesia | 9.0 | 8.3 | 13.5 | 16.7 | 22.9% |
| Others | 414 | 355 | 388 | 441 | 2.1% |
| Total | 975 | 849 | 982 | 1,058 | 2.8% |
Top Export Markets for Smoothing Iron from China in 2022:
- United States (17.1M units)
- United Arab Emirates (5.2M units)
- Russia (4.8M units)
- United Kingdom (4.5M units)
- Mexico (4.0M units)
- Brazil (3.7M units)
- South Africa (3.4M units)
- Indonesia (2.9M units)
- Japan (2.8M units)
- Italy (2.7M units)
- Germany (2.7M units)
- Thailand (2.7M units)
- Spain (2.4M units)
Smoothing Iron Imports in China
For the third consecutive year, China recorded decline in overseas purchases of electric smoothing irons, which decreased by -50.3% to 34K units in 2022. In general, imports saw a precipitous shrinkage. The smallest decline of -22.5% was in 2021. Imports peaked at 232K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, smoothing iron imports declined markedly to $3.5M in 2022. Overall, imports continue to indicate a dramatic contraction. The pace of growth was the most pronounced in 2021 when imports increased by 102% against the previous year. Over the period under review, imports attained the peak figure at $12M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Smoothing Iron in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 0.4 | 0.3 | 3.9 | 1.8 | 65.1% |
| Indonesia | 5.5 | 0.6 | 1.4 | 0.9 | -45.3% |
| Japan | N/A | N/A | 0.1 | N/A | 0% |
| France | 1.0 | 0.2 | N/A | N/A | -80.0% |
| United Arab Emirates | 0.5 | N/A | N/A | N/A | 0% |
| Portugal | 3.8 | 1.0 | N/A | N/A | -73.7% |
| Others | 0.9 | 1.2 | 1.4 | 0.8 | -3.9% |
| Total | 12.0 | 3.4 | 6.8 | 3.5 | -33.7% |
Top Suppliers of Smoothing Iron to China in 2022:
- Portugal (undefinedK units)
- Indonesia (14.1K units)
- Hungary (6.3K units)
- Japan (0.4K units)
- France (0.2K units)
This report provides an in-depth analysis of the smoothing iron market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27512370 - Electric smoothing irons
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In February 2023, the price of smoothing irons was $10.4 per unit (FOB, China), a 3.7% rise from the prior month.
282
In September 2022, the smoothing iron price amounted to $10.8 per unit (FOB, China), increasing by 5.9% against the previous month.
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