Italy: Market for Electric Shavers, Hair-Removing Appliances And Hair Clippers 2024

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

In 2022, after two years of growth, there was significant decline in the Italian market for electric shavers, hair-removing appliances and hair clippers, when its value decreased by -5.9% to $X. In general, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +24.2% against 2019 indices. Consumption of peaked at $X in 2021, and then reduced in the following year.

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

Exports from Italy

In 2022, shipments abroad of electric shavers, hair-removing appliances and hair clippers decreased by -43.4% to X units, falling for the second consecutive year after five years of growth. In general, exports, however, posted a prominent expansion. The pace of growth was the most pronounced in 2018 with an increase of 80% against the previous year. Over the period under review, the exports of reached the peak figure at X units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, exports of electric shavers, hair-removing appliances and hair clippers declined notably to $X in 2022. Over the period under review, exports, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2020 with an increase of 60% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Germany (X units), France (X units) and Belgium (X units) were the main destinations of exports of electric shavers, hair-removing appliances and hair clippers from Italy, together comprising 47% of total exports. Spain, the Czech Republic, Poland, Malta, the UK, Russia, Romania, the Netherlands, Iran and Israel lagged somewhat behind, together comprising a further 38%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Iran (with a CAGR of +61.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electric shavers, hair-removing appliances and hair clippers exported from Italy were Germany ($X), France ($X) and the Czech Republic ($X), with a combined 51% share of total exports. Poland, Spain, Belgium, the Netherlands, the UK, Romania, Iran, Malta, Russia and Israel lagged somewhat behind, together accounting for a further 35%.

In terms of the main countries of destination, Iran, with a CAGR of +62.2%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for electric shavers, hair-removing appliances and hair clippers stood at $X per unit in 2022, dropping by -4.2% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The growth pace was the most rapid in 2020 an increase of 37%. The export price peaked at $X per unit in 2021, and then declined slightly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per unit), while the average price for exports to Russia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Italy

In 2022, after two years of growth, there was significant decline in supplies from abroad of electric shavers, hair-removing appliances and hair clippers, when their volume decreased by -22.5% to X units. Over the period under review, total imports indicated perceptible growth from 2012 to 2022: its volume increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of 23% against the previous year. Over the period under review, imports of hit record highs at X units in 2021, and then declined rapidly in the following year.

In value terms, imports of electric shavers, hair-removing appliances and hair clippers fell to $X in 2022. In general, total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of 25%. Imports peaked at $X in 2021, and then fell in the following year.

Imports by Country

China (X units), Germany (X units) and the Netherlands (X units) were the main suppliers of imports of electric shavers, hair-removing appliances and hair clippers to Italy, together accounting for 79% of total imports. France, Spain, Poland, Austria and the Czech Republic lagged somewhat behind, together accounting for a further 19%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +63.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest electric shavers, hair-removing appliances and hair clippers suppliers to Italy were Germany ($X), the Netherlands ($X) and China ($X), together accounting for 81% of total imports.

The Netherlands, with a CAGR of +42.8%, recorded the highest growth rate of 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 2022, the average import price for electric shavers, hair-removing appliances and hair clippers amounted to $X per unit, jumping by 16% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for Austria ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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