U.S. - Electric Smoothing Irons - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSmoothing Iron Price in the United States - 2023
Contents:
- Smoothing Iron Price in the United States (CIF) - 2023
- Smoothing Iron Price in the United States (FOB) - 2023
- Smoothing Iron Imports in the United States
- Smoothing Iron Exports in the United States
Smoothing Iron Price in the United States (CIF) - 2023
The average smoothing iron import price stood at $8.9 per unit in July 2023, rising by 9% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in April 2023 an increase of 9.8% m-o-m. Over the period under review, average import prices attained the maximum at $11.2 per unit in December 2022; however, from January 2023 to July 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From July 2022 to July 2023, the rate of growth in terms of prices for China amounted to -0.3% per month.
Smoothing Iron Price in the United States (FOB) - 2023
The average smoothing iron export price stood at $18.3 per unit in July 2023, with a decrease of -3% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 41% m-o-m. Over the period under review, the average export prices reached the peak figure at $20.4 per unit in December 2022; however, from January 2023 to July 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Trinidad and Tobago ($28.2 per unit), while the average price for exports to Germany ($11.7 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.
Smoothing Iron Imports in the United States
In 2022, the amount of electric smoothing irons imported into the United States expanded slightly to 17M units, growing by 3.6% compared with the year before. In general, imports, however, continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2021 with an increase of 13%. Over the period under review, imports hit record highs at 19M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, smoothing iron imports rose significantly to $177M in 2022. Over the period under review, imports, however, saw a noticeable shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 13% against the previous year. Over the period under review, imports hit record highs at $198M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Smoothing Iron in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 176 | 125 | 140 | 160 | -3.1% |
| Germany | 19.6 | 13.3 | 14.7 | 10.4 | -19.0% |
| Others | 2.6 | 1.9 | 3.8 | 6.7 | 37.1% |
| Total | 198 | 140 | 159 | 177 | -3.7% |
Top Suppliers of Smoothing Iron to the United States in 2022:
- China (16.8M units)
- Germany (0.3M units)
Smoothing Iron Exports in the United States
In 2022, smoothing iron exports from the United States soared to 633K units, rising by 40% compared with the year before. Overall, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +8.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +80.7% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, smoothing iron exports skyrocketed to $11M in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +8.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +83.6% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Smoothing Iron in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 3,402 | 2,366 | 3,046 | 4,534 | 10.0% |
| Mexico | 1,096 | 726 | 642 | 2,270 | 27.5% |
| Qatar | 94.8 | 255 | 302 | 451 | 68.2% |
| Trinidad and Tobago | 388 | 153 | 149 | 316 | -6.6% |
| Guatemala | 198 | 227 | 170 | 257 | 9.1% |
| New Zealand | 97.4 | 182 | N/A | 244 | 35.8% |
| Dominican Republic | 188 | 81.0 | 248 | 228 | 6.6% |
| Nicaragua | 75.2 | 137 | 367 | 224 | 43.9% |
| Costa Rica | 303 | 167 | 176 | 206 | -12.1% |
| Taiwan (Chinese) | N/A | N/A | 87.7 | 205 | 133.8% |
| Ecuador | 436 | 180 | 108 | 83.3 | -42.4% |
| Curacao | 345 | N/A | N/A | N/A | 0% |
| Others | 1,651 | 1,304 | 1,861 | 1,590 | -1.2% |
| Total | 8,275 | 5,780 | 7,157 | 10,609 | 8.6% |
Top Export Markets for Smoothing Iron from the United States in 2022:
- Canada (266.5K units)
- Mexico (142.7K units)
- Qatar (38.5K units)
- Trinidad and Tobago (16.8K units)
- Taiwan (Chinese) (16.2K units)
- Nicaragua (15.3K units)
- New Zealand (13.4K units)
- Guatemala (12.9K units)
- Costa Rica (11.8K units)
- Dominican Republic (11.4K units)
- Ecuador (4.9K units)
This report provides an in-depth analysis of the smoothing iron market in the U.S.. 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 States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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 value terms, smoothing iron imports skyrocketed to $12M in April 2023.
77
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In April 2023, the electric hair dryer price amounted to $15.2 per unit (CIF, US), declining by -5.9% against the previous month.
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In February 2023, the price of a microwave oven was $75.9 (CIF, US) - an 11% increase compared to the previous month.
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In August 2022, the microwave oven price stood at $85 per unit (CIF, US), with a decrease of -7% against the previous month.
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Despite global logistical tensions amid the sharp container shortage, the U.S. continues to boosts microwave oven imports. Last year, American purchases spiked by +16.3% to $1.6B, reaching the highest level ever. In the first seven months of 2021, American imports reached 12.9M units, exceeding last year’s 12.1M units over the same period. China dominates American imports, supplying 95% of the total volume. In 2020, Chinese shipments to the U.S. jumped by +29% y-o-y to 22M units, while Malaysia saw a 19%-decline in supplies. Chinese microwave ovens thus drive out Malaysian products from the American market.
