Price for Shavers; with Self-Contained Electric Motor in the United States - 2023

Contents:

  1. Price for Shavers; with Self-Contained Electric Motor in the United States (CIF) - 2023
  2. Price for Shavers; with Self-Contained Electric Motor in the United States (FOB) - 2023
  3. Imports of Shavers; with Self-Contained Electric Motor in the United States
  4. Exports of Shavers; with Self-Contained Electric Motor in the United States

Price for Shavers; with Self-Contained Electric Motor in the United States (CIF) - 2023

In August 2023, the average import price for shavers; with self-contained electric motors amounted to $13.3 per unit, growing by 45% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.7%. Over the period under review, average import prices hit record highs at $13.6 per unit in September 2022; however, from October 2022 to August 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($37.2 per unit), while the price for Vietnam ($3.2 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Shavers; with Self-Contained Electric Motor in the United States (FOB) - 2023

In August 2023, the average export price for shavers; with self-contained electric motors amounted to $28.4 per unit, surging by 9.9% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +2.5%. The most prominent rate of growth was recorded in September 2022 when the average export price increased by 23% against the previous month. Over the period under review, the average export prices attained the maximum at $32.5 per unit in November 2022; however, from December 2022 to August 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Hong Kong SAR ($82.8 per unit), while the average price for exports to Costa Rica ($18.7 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+22.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Shavers; with Self-Contained Electric Motor in the United States

For the third consecutive year, the United States recorded decline in purchases abroad of shavers; with self-contained electric motors, which decreased by -14.2% to 26M units in 2022. In general, imports recorded a abrupt setback. The smallest decline of -10.3% was in 2021. Imports peaked at 39M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, shavers; with self-contained electric motor imports contracted to $264M in 2022. Over the period under review, imports continue to indicate a abrupt contraction. The smallest decline of -3.2% was in 2021. Over the period under review, imports hit record highs at $355M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Shavers; with Self-Contained Electric Motor in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China155128111110-10.8%
Germany43.345.055.658.610.6%
Indonesia60.470.360.538.3-14.1%
Netherlands64.635.839.736.1-17.6%
Mexico6.05.16.76.73.7%
Vietnam10.80.81.31.4-49.4%
Others14.06.78.312.9-2.7%
Total355292283264-9.4%

Top Suppliers of Shavers; with Self-Contained Electric Motor to the United States in 2022:

  1. China (17.4M units)
  2. Indonesia (4.0M units)
  3. Germany (1.5M units)
  4. Mexico (1.3M units)
  5. Netherlands (0.8M units)
  6. Vietnam (0.6M units)

Exports of Shavers; with Self-Contained Electric Motor in the United States

In 2022, the amount of shavers; with self-contained electric motors exported from the United States reduced dramatically to 1.3M units, waning by -15.6% on the previous year's figure. Over the period under review, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 24% against the previous year. Over the period under review, the exports hit record highs at 1.6M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, shavers; with self-contained electric motor exports contracted to $35M in 2022. In general, exports recorded a deep contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 3.5% against the previous year. The exports peaked at $42M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Shavers; with Self-Contained Electric Motor in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada22.623.923.424.02.0%
Mexico0.81.91.22.546.2%
Germany4.81.83.31.8-27.9%
Hong Kong SAR0.60.71.61.122.4%
United Kingdom2.01.43.00.8-26.3%
Australia2.41.00.30.1-65.3%
Others8.56.25.64.7-17.9%
Total41.736.938.235.0-5.7%

Top Export Markets for Shavers; with Self-Contained Electric Motor from the United States in 2022:

  1. Canada (918.2K units)
  2. Mexico (101.9K units)
  3. Germany (49.9K units)
  4. Hong Kong SAR (30.8K units)
  5. United Kingdom (25.6K units)
  6. Australia (4.5K units)

Source: IndexBox Market Intelligence Platform

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