Report Cuba - Electric Shavers, Hair-Removing Appliances and Hair Clippers - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: May 1, 2023

Cuba - Electric Shavers, Hair-Removing Appliances and Hair Clippers - Market Analysis, Forecast, Size, Trends and Insights

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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.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for electric shavers, hair-removing appliances and hair clippers in the world?
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The country with the largest volume of consumption of electric shavers, hair-removing appliances and hair clippers was the United States, accounting for 21% of total volume. Moreover, consumption of electric shavers, hair-removing appliances and hair clippers in the United States exceeded the figures recorded by the second-largest consumer, China, twofold. The third position in this ranking was taken by India, with a 6.8% share.
What are the largest producers of electric shavers, hair-removing appliances and hair clippers in the world?
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China constituted the country with the largest volume of production of electric shavers, hair-removing appliances and hair clippers, accounting for 82% of total volume. Moreover, production of electric shavers, hair-removing appliances and hair clippers in China exceeded the figures recorded by the second-largest producer, Indonesia, ninefold. The third position in this ranking was taken by Poland, with a 2.8% share.
What are the leading suppliers of electric shavers, hair-removing appliances and hair clippers to Cuba?
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In value terms, China, the Dominican Republic and Angola constituted the largest electric shavers, hair-removing appliances and hair clippers suppliers to Cuba, together accounting for 93% of total imports.
What are the leading importers of electric shavers, hair-removing appliances and hair clippers from Cuba?
+
In value terms, Venezuela and Bosnia and Herzegovina were the largest markets for electric shavers, hair-removing appliances and hair clippers exported from Cuba worldwide.
What is the average import price for electric shavers, hair-removing appliances and hair clippers in Cuba?
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The average import price for electric shavers, hair-removing appliances and hair clippers stood at $20 per unit in 2021, waning by -15.8% against the previous year.

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.


Product coverage:
• Prodcom 27512200 - Shavers, hair-removing appliances and hair clippers, with selfcontained electric motor
Country coverage:
• Cuba

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Cuba
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2012-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
Figure 5:
Trade Balance, In Physical Terms, 2012-2022
Figure 6:
Trade Balance, In Value Terms, 2012-2022
Figure 7:
Per Capita Consumption, 2012-2022
Figure 8:
Market Volume Forecast to 2030
Figure 9:
Market Value Forecast to 2030
Figure 10:
Products: Market Size And Growth, By Type
Figure 11:
Products: Average Per Capita Consumption, By Type
Figure 12:
Products: Exports And Growth, By Type
Figure 13:
Products: Export Prices And Growth, By Type
Figure 14:
Production Volume And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2022
Figure 22:
Production, In Value Terms, 2012–2022
Figure 23:
Imports, In Physical Terms, 2012–2022
Figure 24:
Imports, In Value Terms, 2012–2022
Figure 25:
Imports, In Physical Terms, By Country, 2022
Figure 26:
Imports, In Physical Terms, By Country, 2012–2022
Figure 27:
Imports, In Value Terms, By Country, 2012–2022
Figure 28:
Import Prices, By Country Of Origin, 2012–2022
Figure 29:
Exports, In Physical Terms, 2012–2022
Figure 30:
Exports, In Value Terms, 2012–2022
Figure 31:
Exports, In Physical Terms, By Country, 2022
Figure 32:
Exports, In Physical Terms, By Country, 2012–2022
Figure 33:
Exports, In Value Terms, By Country, 2012–2022
Figure 34:
Export Prices, By Country Of Destination, 2012–2022
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