Northern America: Smoothing Iron Market 2024

Smoothing Iron Market Size in Northern America

After two years of decline, the North American smoothing iron market increased by X% to $X in 2022. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Smoothing Iron Production in Northern America

In value terms, smoothing iron production expanded sharply to $X in 2022 estimated in export price. Over the period under review, production recorded a buoyant increase. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

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Smoothing Iron Exports

Exports in Northern America

In 2022, approx. X units of electric smoothing irons were exported in Northern America; with an increase of X% against the year before. Total exports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2016 when exports increased by X%. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, smoothing iron exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States represented the main exporter of electric smoothing irons in Northern America, with the volume of exports amounting to X units, which was approx. X% of total exports in 2022. It was distantly followed by Canada (X units), achieving a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to smoothing iron exports from the United States stood at X%. At the same time, Canada (X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of X% from 2012-2022. Canada (X p.p.) significantly strengthened its position in terms of the total exports, while the United States saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the United States ($X) remains the largest smoothing iron supplier in Northern America, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with a X% share of total exports.

In the United States, smoothing iron exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2022, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Canada ($X per unit), while the United States stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%).

Smoothing Iron Imports

Imports in Northern America

In 2022, overseas purchases of electric smoothing irons increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, recorded a slight shrinkage. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, smoothing iron imports rose sharply to $X in 2022. In general, imports, however, continue to indicate a slight shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United States prevails in imports structure, recording X units, which was near X% of total imports in 2022. Canada (X units) took a little share of total imports.

The United States experienced a relatively flat trend pattern with regard to volume of imports of electric smoothing irons. Canada (X%) illustrated a downward trend over the same period. The United States (X p.p.) significantly strengthened its position in terms of the total imports, while Canada saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the United States ($X) constitutes the largest market for imported electric smoothing irons in Northern America, comprising X% of total imports. The second position in the ranking was held by Canada ($X), with a X% share of total imports.

In the United States, smoothing iron imports remained relatively stable over the period from 2012-2022.

Import Prices by Country

The import price in Northern America stood at $X per unit in 2022, growing by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. Over the period under review, import prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per unit), while the United States amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%).

Source: IndexBox Platform

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