United Kingdom - Electric Smoothing Irons - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSmoothing Iron Price in the UK - 2023
Contents:
- Smoothing Iron Price in the UK (CIF) - 2023
- Smoothing Iron Price in the UK (FOB) - 2022
- Smoothing Iron Imports in the UK
- Smoothing Iron Exports in the UK
Smoothing Iron Price in the UK (CIF) - 2023
The average smoothing iron import price stood at $16.1 per unit in May 2023, picking up by 10% against the previous month. Over the period under review, the import price, however, continues to indicate a mild decline. The most prominent rate of growth was recorded in March 2023 an increase of 44% m-o-m. As a result, import price attained the peak level of $18.8 per unit. From April 2023 to May 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Indonesia ($75.5 per unit), while the price for China ($13.2 per unit) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Indonesia (+5.0%), while the prices for the other major suppliers experienced a decline.
Smoothing Iron Price in the UK (FOB) - 2022
The average smoothing iron export price stood at $26 per unit in 2022, with a decrease of -16.4% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by 26% against the previous year. Over the period under review, the average export prices reached the peak figure at $31 per unit in 2021, and then shrank markedly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($64 per unit), while the average price for exports to Poland ($18 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 Italy (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.
Smoothing Iron Imports in the UK
In 2022, after two years of decline, there was growth in supplies from abroad of electric smoothing irons, when their volume increased by 0.3% to 4.8M units. In general, imports, however, saw a abrupt shrinkage. Over the period under review, imports hit record highs at 6.4M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, smoothing iron imports expanded sharply to $82M in 2022. Over the period under review, imports, however, showed a perceptible decline. Over the period under review, imports attained the maximum at $93M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Smoothing Iron in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 56.7 | 49.6 | 43.9 | 56.6 | -0.1% |
| Indonesia | 0.4 | 0.3 | 0.2 | 11.4 | 205.5% |
| France | 9.2 | 15.3 | 7.5 | 6.8 | -9.6% |
| South Korea | 0.4 | 3.0 | 4.0 | 4.3 | 120.7% |
| Germany | 6.0 | 5.3 | 3.6 | 0.8 | -48.9% |
| Netherlands | 15.3 | 13.0 | 16.6 | N/A | 4.2% |
| Others | 5.4 | 3.7 | 2.1 | 2.3 | -24.8% |
| Total | 93.4 | 90.2 | 77.9 | 82.2 | -4.2% |
Top Suppliers of Smoothing Iron to the UK in 2022:
- China (4210.3K units)
- France (672.2K units)
- Indonesia (570.4K units)
- South Korea (107.7K units)
- Germany (13.8K units)
- Netherlands (0.6K units)
Smoothing Iron Exports in the UK
For the third consecutive year, the UK recorded decline in shipments abroad of electric smoothing irons, which decreased by -6% to 188K units in 2022. Over the period under review, exports faced a precipitous decline. The exports peaked at 652K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, smoothing iron exports fell dramatically to $4.9M in 2022. In general, exports saw a significant curtailment. The exports peaked at $19M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Smoothing Iron in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 6,592 | 6,554 | 2,966 | 2,867 | -24.2% |
| Cyprus | 336 | 317 | 83.1 | 389 | 5.0% |
| Netherlands | 1,816 | 424 | 952 | 317 | -44.1% |
| Poland | 163 | 122 | 182 | 210 | 8.8% |
| Germany | 2,602 | 507 | 187 | 106 | -65.6% |
| Romania | 255 | 177 | 70.3 | 90.3 | -29.3% |
| France | 1,597 | 948 | 66.1 | 85.4 | -62.3% |
| United Arab Emirates | 8.7 | 2.3 | 8.4 | 82.2 | 111.4% |
| Italy | 2,144 | 1,160 | 5.4 | 3.4 | -88.3% |
| Others | 3,634 | 1,750 | 1,696 | 734 | -41.3% |
| Total | 19,148 | 11,962 | 6,216 | 4,884 | -36.6% |
Top Export Markets for Smoothing Iron from the UK in 2022:
- Ireland (128.4K units)
- Cyprus (13.3K units)
- Poland (11.4K units)
- Netherlands (8.1K units)
- Romania (3.4K units)
- United Arab Emirates (3.0K units)
- Germany (2.8K units)
- France (2.2K units)
- Italy (0.1K units)
This report provides an in-depth analysis of the smoothing iron market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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
339
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In June 2023, the price of the Smoothing Iron reached $17.0 per unit (CIF, United Kingdom), indicating a 5.7% increase compared to the previous month.
309
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Despite a X% drop in exports in 2014, France held the second spot in the global electric smoothing iron trade. In 2014, France exported X thousand tons of electric smoothing irons totaling X million USD. Its primary trading partner was Germany,
