India - Electric Smoothing Irons - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSmoothing Iron Price in India - 2023
Contents:
- Smoothing Iron Price in India (CIF) - 2023
- Smoothing Iron Price in India (FOB) - 2022
- Smoothing Iron Imports in India
- Smoothing Iron Exports in India
Smoothing Iron Price in India (CIF) - 2023
The average smoothing iron import price stood at $9.2 per unit in June 2023, surging by 11% against the previous month. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in March 2023 an increase of 101% month-to-month. Over the period under review, average import prices reached the maximum at $13.6 per unit in September 2022; however, from October 2022 to June 2023, import prices remained at a 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 Indonesia ($42.3 per unit), while the price for China stood at $7.3 per unit.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Indonesia (+1.2%).
Smoothing Iron Price in India (FOB) - 2022
In 2022, the average smoothing iron export price amounted to $7.3 per unit, increasing by 28% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2015 an increase of 31% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($17 per unit), while the average price for exports to Sudan ($4.2 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 Somalia (+32.5%), while the prices for the other major destinations experienced more modest paces of growth.
Smoothing Iron Imports in India
In 2022, after two years of decline, there was significant growth in overseas purchases of electric smoothing irons, when their volume increased by 49% to 754K units. Over the period under review, imports, however, showed a deep downturn. Over the period under review, imports attained the maximum at 1.2M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, smoothing iron imports skyrocketed to $7.7M in 2022. In general, imports recorded a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Smoothing Iron in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.6 | 4.9 | 2.9 | 6.4 | -1.0% |
| Indonesia | 0.3 | 0.3 | 0.6 | 1.0 | 49.4% |
| Others | 0.6 | 0.4 | 0.3 | 0.2 | -30.7% |
| Total | 7.5 | 5.7 | 3.7 | 7.7 | 0.9% |
Top Suppliers of Smoothing Iron to India in 2022:
- China (716.5K units)
- Indonesia (25.2K units)
Smoothing Iron Exports in India
For the third consecutive year, India recorded decline in overseas shipments of electric smoothing irons, which decreased by -21.5% to 237K units in 2022. Overall, exports continue to indicate a deep contraction. The smallest decline of -1.4% was in 2020. Over the period under review, the exports hit record highs at 361K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, smoothing iron exports stood at $1.7M in 2022. Over the period under review, exports showed a abrupt curtailment. Over the period under review, the exports attained the maximum at $2.5M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Smoothing Iron in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 29.5 | 22.2 | 143 | 488 | 154.8% |
| Nepal | 285 | 221 | 370 | 373 | 9.4% |
| Bangladesh | 135 | 101 | 101 | 264 | 25.1% |
| Sudan | 127 | 373 | 217 | 233 | 22.4% |
| Nigeria | 24.5 | 14.4 | 43.4 | 70.5 | 42.2% |
| Tanzania | 0.2 | 18.0 | 14.6 | 52.2 | 539.1% |
| Somalia | N/A | N/A | 46.9 | 40.7 | -13.2% |
| Qatar | 308 | 316 | 53.2 | 32.3 | -52.8% |
| Kenya | 89.1 | 5.5 | 1.7 | 30.3 | -30.2% |
| Sri Lanka | 302 | 328 | 164 | 10.2 | -67.7% |
| Thailand | 944 | 603 | 252 | N/A | -48.3% |
| Others | 304 | 121 | 327 | 152 | -20.6% |
| Total | 2,549 | 2,123 | 1,733 | 1,745 | -11.9% |
Top Export Markets for Smoothing Iron from India in 2022:
- Nepal (69.1K units)
- Sudan (55.8K units)
- Bangladesh (35.8K units)
- United Arab Emirates (28.0K units)
- Nigeria (9.2K units)
- Somalia (7.8K units)
- Tanzania (7.3K units)
- Kenya (4.9K units)
- Qatar (4.4K units)
- Sri Lanka (0.6K units)
This report provides an in-depth analysis of the smoothing iron market in India. 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:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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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