Australia and Oceania: Market for Electric Shavers, Hair-Removing Appliances And Hair Clippers 2024

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

Exports in Australia and Oceania

Exports of electric shavers, hair-removing appliances and hair clippers surged to X units in 2022, growing by 61% compared with the previous year. Overall, exports showed strong growth. The most prominent rate of growth was recorded in 2014 with an increase of 120%. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of electric shavers, hair-removing appliances and hair clippers surged to $X in 2022. In general, exports posted a resilient expansion. The pace of growth was the most pronounced in 2014 with an increase of 72% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Australia prevails in clippers structure, accounting for X units, which was near 97% of total exports in 2022. New Zealand (X units) followed a long way behind the leaders.

Australia was also the fastest-growing in terms of the electric shavers, hair-removing appliances and hair clippers exports, with a CAGR of +18.3% from 2012 to 2022. New Zealand (-13.0%) illustrated a downward trend over the same period. Australia (+33 p.p.) significantly strengthened its position in terms of the total exports, while New Zealand saw its share reduced by -32.5% from 2012 to 2022, respectively.

In value terms, Australia ($X) remains the largest electric shavers, hair-removing appliances and hair clippers supplier in Australia and Oceania, comprising 98% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 2.2% share of total exports.

In Australia, exports of electric shavers, hair-removing appliances and hair clippers increased at an average annual rate of +19.4% over the period from 2012-2022.

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2022, with a decrease of -15% against the previous year. Over the period under review, the export price, however, saw slight growth. The most prominent rate of growth was recorded in 2018 an increase of 60% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per unit), while New Zealand totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+1.5%).

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

Imports in Australia and Oceania

In 2022, the amount of electric shavers, hair-removing appliances and hair clippers imported in Australia and Oceania expanded rapidly to X units, surging by 8.7% compared with 2021. Total imports indicated pronounced growth from 2012 to 2022: its volume increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -1.8% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 33% against the previous year. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of electric shavers, hair-removing appliances and hair clippers stood at $X in 2022. The total import value increased at an average annual rate of +3.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 14% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

Australia prevails in clippers structure, finishing at X units, which was near 89% of total imports in 2022. It was distantly followed by New Zealand (X units), constituting an 8.9% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to electric shavers, hair-removing appliances and hair clippers imports into Australia stood at +4.5%. At the same time, New Zealand (+5.7%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +5.7% from 2012-2022. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported electric shavers, hair-removing appliances and hair clippers in Australia and Oceania, comprising 86% of total imports. The second position in the ranking was held by New Zealand ($X), with a 13% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Australia stood at +3.5%.

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per unit, reducing by -3.4% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 26% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was New Zealand ($X per unit), while Australia stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (-0.2%).

Source: IndexBox Platform

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