
Cuba - Electric Shavers, Hair-Removing Appliances and Hair Clippers - Market Analysis, Forecast, Size, Trends and Insights
Cuba: Market for Electric Shavers, Hair-Removing Appliances And Hair Clippers 2022
Market Size for Electric Shavers, Hair-Removing Appliances And Hair Clippers in Cuba
The Cuban market for electric shavers, hair-removing appliances and hair clippers was finally on the rise to reach $X in 2021, after two years of decline. Overall, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.
Exports of Electric Shavers, Hair-Removing Appliances And Hair Clippers
Exports from Cuba
In 2012, exports of electric shavers, hair-removing appliances and hair clippers from Cuba amounted to X units, almost unchanged from 2011. Over the period under review, exports showed a relatively flat trend pattern. Over the period under review, the exports of attained the peak figure in 2012 and are likely to see steady growth in years to come.
In value terms, exports of electric shavers, hair-removing appliances and hair clippers stood at $X in 2012. In general, exports saw a relatively flat trend pattern. The exports peaked in 2012 and are likely to see gradual growth in the immediate term.
Exports by Country
Venezuela (X units) was the main destination for exports of electric shavers, hair-removing appliances and hair clippers from Cuba, with a 67% share of total exports. Moreover, exports of electric shavers, hair-removing appliances and hair clippers to Venezuela exceeded the volume sent to the second major destination, Bosnia and Herzegovina (X units), twofold.
From 2012 to 2012, the average annual rate of growth in terms of volume to Venezuela was relatively modest.
In value terms, the largest markets for electric shavers, hair-removing appliances and hair clippers exported from Cuba were Venezuela ($X) and Bosnia and Herzegovina ($X).
Venezuela, with a CAGR of 0.0%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review.
Imports of Electric Shavers, Hair-Removing Appliances And Hair Clippers
Imports into Cuba
In 2021, approx. X units of electric shavers, hair-removing appliances and hair clippers were imported into Cuba; growing by 28% compared with 2020 figures. Over the period under review, imports posted a modest increase. The most prominent rate of growth was recorded in 2015 with an increase of 119%. As a result, imports reached the peak of X units. From 2016 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 rose rapidly to $X in 2021. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when imports increased by 109% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports of remained at a somewhat lower figure.
Imports by Country
In 2021, China (X units) constituted the largest electric shavers, hair-removing appliances and hair clippers supplier to Cuba, accounting for a 75% share of total imports. Moreover, imports of electric shavers, hair-removing appliances and hair clippers from China exceeded the figures recorded by the second-largest supplier, the Dominican Republic (X units), fourfold. Austria (X units) ranked third in terms of total imports with a 3.4% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +30.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Dominican Republic (+221.5% per year) and Austria (0.0% per year).
In value terms, China ($X), the Dominican Republic ($X) and Angola ($X) constituted the largest electric shavers, hair-removing appliances and hair clippers suppliers to Cuba, together comprising 93% of total imports.
Angola, with a CAGR of +698.7%, 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 more modest paces of growth.
Import Prices by Country
In 2021, the average import price for electric shavers, hair-removing appliances and hair clippers amounted to $X per unit, which is down by -15.8% against the previous year. In general, the import price saw a pronounced decline. The pace of growth was the most pronounced in 2016 when the average import price increased by 29%. The import price peaked at $X per unit in 2019; however, from 2020 to 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Panama ($X per unit), while the price for Austria ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Panama (+50.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for electric shavers, hair-removing appliances and hair clippers in Cuba. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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