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

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

In 2021, the New Zealand market for electric shavers, hair-removing appliances and hair clippers increased by 4.3% to $X, rising for the fifth year in a row after two years of decline. In general, the total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +9.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +60.9% against 2016 indices. Consumption of peaked in 2021 and is likely to continue growth in the near future.

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

Exports from New Zealand

In 2021, the amount of electric shavers, hair-removing appliances and hair clippers exported from New Zealand surged to X units, with an increase of 140% on 2020 figures. Overall, exports, however, showed a deep reduction. Over the period under review, the exports of reached the peak figure at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, exports of electric shavers, hair-removing appliances and hair clippers soared to $X in 2021. In general, exports, however, continue to indicate a perceptible downturn. Over the period under review, the exports of attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Australia (X units), France (X units) and Samoa (X units) were the main destinations of exports of electric shavers, hair-removing appliances and hair clippers from New Zealand, with a combined 67% share of total exports. China, the UK, the United States, Japan, Fiji, Norway, Cook Islands, Germany, Chile and Taiwan (Chinese) lagged somewhat behind, together comprising a further 28%.

From 2012 to 2021, the biggest increases were in Norway (with a CAGR of +114.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) remains the key foreign market for electric shavers, hair-removing appliances and hair clippers exports from New Zealand, comprising 48% of total exports. The second position in the ranking was taken by Germany ($X), with a 17% share of total exports. It was followed by China, with a 3.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Australia stood at -8.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+21.2% per year) and China (+0.8% per year).

Export Prices by Country

The average export price for electric shavers, hair-removing appliances and hair clippers stood at $X per unit in 2021, declining by -13.4% against the previous year. In general, the export price, however, recorded prominent growth. The most prominent rate of growth was recorded in 2020 an increase of 175% against the previous year. As a result, the export price reached the peak level of $X per unit, and then shrank in the following year.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per unit), while the average price for exports to France ($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 Germany (+43.0%), 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 New Zealand

In 2021, imports of electric shavers, hair-removing appliances and hair clippers into New Zealand amounted to X units, picking up by 13% compared with 2020 figures. In general, total imports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +8.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +37.3% against 2014 indices. The growth pace was the most rapid in 2014 with an increase of 29%. Imports peaked in 2021 and are likely to continue growth in years to come.

In value terms, imports of electric shavers, hair-removing appliances and hair clippers amounted to $X in 2021. Overall, total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +7.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +51.1% against 2016 indices. The most prominent rate of growth was recorded in 2014 with an increase of 43% against the previous year. Over the period under review, imports of hit record highs in 2021 and are likely to continue growth in years to come.

Imports by Country

In 2021, China (X units) constituted the largest electric shavers, hair-removing appliances and hair clippers supplier to New Zealand, with a 71% 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, Indonesia (X units), ninefold. The third position in this ranking was taken by the United States (X units), with a 7.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +6.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+57.5% per year) and the United States (+13.9% per year).

In value terms, China ($X) constituted the largest supplier of electric shavers, hair-removing appliances and hair clippers to New Zealand, comprising 52% of total imports. The second position in the ranking was held by Indonesia ($X), with a 13% share of total imports. It was followed by the United States, with a 6.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+63.0% per year) and the United States (+15.3% per year).

Import Prices by Country

In 2021, the average import price for electric shavers, hair-removing appliances and hair clippers amounted to $X per unit, waning by -7.4% against the previous year. In general, the import price showed a mild contraction. The pace of growth appeared the most rapid in 2018 an increase of 15% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+18.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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