Angola: Market for Electric Shavers, Hair-Removing Appliances And Hair Clippers 2022

Market Size for Electric Shavers, Hair-Removing Appliances And Hair Clippers in Angola

In 2021, after three years of decline, there was significant growth in the Angolan market for electric shavers, hair-removing appliances and hair clippers, when its value increased by 8.3% to $X. Overall, consumption, however, saw a abrupt descent. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Exports of Electric Shavers, Hair-Removing Appliances And Hair Clippers

Exports from Angola

In 2021, overseas shipments of electric shavers, hair-removing appliances and hair clippers increased by 56% to X units, rising for the second consecutive year after three years of decline. In general, exports, however, showed a perceptible reduction. The growth pace was the most rapid in 2020 with an increase of 274%. Over the period under review, the exports of attained the maximum at X units in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, exports of electric shavers, hair-removing appliances and hair clippers surged to $X in 2021. Overall, exports, however, recorded a slight setback. The pace of growth appeared the most rapid in 2020 with an increase of 138% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Cuba (X units) was the main destination for exports of electric shavers, hair-removing appliances and hair clippers from Angola, accounting for a 55% share of total exports. Moreover, exports of electric shavers, hair-removing appliances and hair clippers to Cuba exceeded the volume sent to the second major destination, Brazil (X units), threefold. Portugal (X units) ranked third in terms of total exports with an 8.1% share.

From 2012 to 2021, the average annual growth rate of volume to Cuba totaled +89.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (+50.2% per year) and Portugal (-19.7% per year).

In value terms, Cuba ($X), Portugal ($X) and France ($X) appeared to be the largest markets for electric shavers, hair-removing appliances and hair clippers exported from Angola worldwide, together comprising 94% of total exports.

Among the main countries of destination, Cuba, with a CAGR of +74.3%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average export price for electric shavers, hair-removing appliances and hair clippers amounted to $X per unit, growing by 1.7% against the previous year. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average export price increased by 60%. As a result, the export price reached the peak level of $X per unit. From 2020 to 2021, the the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Portugal ($X per unit), while the average price for exports to Brazil ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electric Shavers, Hair-Removing Appliances And Hair Clippers

Imports into Angola

In 2021, supplies from abroad of electric shavers, hair-removing appliances and hair clippers was finally on the rise to reach X units for the first time since 2017, thus ending a three-year declining trend. In general, imports, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2013 when imports increased by 252% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2021, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of electric shavers, hair-removing appliances and hair clippers stood at $X in 2021. Overall, imports, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2013 when imports increased by 139%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports of remained at a lower figure.

Imports by Country

Portugal (X units), China (X units) and South Africa (X units) were the main suppliers of imports of electric shavers, hair-removing appliances and hair clippers to Angola, together accounting for 85% of total imports. These countries were followed by Spain and the United Arab Emirates, which together accounted for a further 11%.

From 2012 to 2021, the biggest increases were in Spain (with a CAGR of +6.2%), while purchases for the other leaders experienced a decline.

In value terms, the largest electric shavers, hair-removing appliances and hair clippers suppliers to Angola were Portugal ($X), China ($X) and South Africa ($X), together comprising 85% of total imports. These countries were followed by Spain and the United Arab Emirates, which together accounted for a further 11%.

Spain, with a CAGR of +12.3%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average import price for electric shavers, hair-removing appliances and hair clippers stood at $X per unit in 2021, reducing by -8.8% against the previous year. In general, the import price, however, enjoyed a pronounced expansion. The most prominent rate of growth was recorded in 2018 an increase of 60% against the previous year. The import price peaked at $X per unit in 2020, and then fell in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were the United Arab Emirates ($X per unit) and Portugal ($X per unit), while the price for Spain ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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