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

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

In 2022, after five years of growth, there was significant decline in the African market for electric shavers, hair-removing appliances and hair clippers, when its value decreased by -8.6% to $X. In general, consumption, however, showed a strong expansion. Over the period under review, the market hit record highs at $X in 2021, and then declined in the following year.

Production of Electric Shavers, Hair-Removing Appliances And Hair Clippers in Africa

In value terms, production of electric shavers, hair-removing appliances and hair clippers declined to $X in 2022 estimated in export price. Overall, production, however, posted measured growth. The most prominent rate of growth was recorded in 2015 with an increase of 171%. As a result, production reached the peak level of $X. From 2016 to 2022, production of growth remained at a somewhat lower figure.

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

Exports in Africa

In 2022, overseas shipments of electric shavers, hair-removing appliances and hair clippers increased by 1.6% to X units, rising for the third consecutive year after two years of decline. Total exports indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of +3.8% 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 +94.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 48% against the previous year. The volume of export peaked at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, exports of electric shavers, hair-removing appliances and hair clippers shrank dramatically to $X in 2022. In general, exports, however, showed a pronounced decrease. The growth pace was the most rapid in 2020 when exports increased by 8% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

South Africa (X units) represented roughly 95% of total exports in 2022.

South Africa was also the fastest-growing in terms of the electric shavers, hair-removing appliances and hair clippers exports, with a CAGR of +3.8% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest electric shavers, hair-removing appliances and hair clippers supplier in Africa.

In South Africa, exports of electric shavers, hair-removing appliances and hair clippers contracted by an average annual rate of -4.2% over the period from 2012-2022.

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, declining by -16.4% against the previous year. Over the period under review, the export price recorded a abrupt decline. The pace of growth appeared the most rapid in 2018 when the export price increased by 45%. The level of export peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to -7.7% per year.

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

Imports in Africa

After five years of growth, supplies from abroad of electric shavers, hair-removing appliances and hair clippers decreased by -11.1% to X units in 2022. Overall, imports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 21%. The volume of import peaked at X units in 2021, and then declined in the following year.

In value terms, imports of electric shavers, hair-removing appliances and hair clippers declined to $X in 2022. Total imports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 24% against the previous year. Over the period under review, imports of hit record highs at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, Algeria (X units) and South Africa (X units) were the largest importers of electric shavers, hair-removing appliances and hair clippers in Africa, together achieving 54% of total imports. Kenya (X units) ranks next in terms of the total imports with a 10% share, followed by Libya (7.8%) and Morocco (5.8%). Tunisia (X units), Egypt (X units), Somalia (X units), Djibouti (X units) and Madagascar (X units) took a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Madagascar (with a CAGR of +44.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Algeria ($X), South Africa ($X) and Morocco ($X) constituted the countries with the highest levels of imports in 2022, with a combined 57% share of total imports. Egypt, Libya, Kenya, Tunisia, Somalia, Djibouti and Madagascar lagged somewhat behind, together comprising a further 27%.

Kenya, with a CAGR of +30.0%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Africa amounted to $X per unit, picking up by 2.2% against the previous year. In general, the import price, however, showed a pronounced setback. The most prominent rate of growth was recorded in 2020 when the import price increased by 11% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Morocco ($X per unit), while Madagascar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Somalia (+10.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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