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

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

After three years of growth, the Bahraini market for electric shavers, hair-removing appliances and hair clippers decreased by -33.9% to $X in 2022. In general, consumption saw a pronounced downturn. Over the period under review, the market hit record highs at $X in 2021, and then dropped remarkably in the following year.

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

Exports from Bahrain

In 2022, the amount of electric shavers, hair-removing appliances and hair clippers exported from Bahrain shrank remarkably to X units, reducing by -90.9% compared with the year before. Overall, exports showed a pronounced curtailment. The most prominent rate of growth was recorded in 2017 when exports increased by 1,231% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, exports of electric shavers, hair-removing appliances and hair clippers dropped sharply to $X in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 723%. The exports peaked at $X in 2021, and then shrank notably in the following year.

Exports by Country

Saudi Arabia (X units), Oman (X units) and Qatar (X units) were the main destinations of exports of electric shavers, hair-removing appliances and hair clippers from Bahrain, together comprising 100% of total exports.

From 2012 to 2022, the biggest increases were recorded for Qatar (with a CAGR of +11.4%), while shipments for the other leaders experienced a decline.

In value terms, Saudi Arabia ($X), Oman ($X) and Qatar ($X) appeared to be the largest markets for electric shavers, hair-removing appliances and hair clippers exported from Bahrain worldwide, together comprising 100% of total exports.

Saudi Arabia, with a CAGR of -2.9%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average export price for electric shavers, hair-removing appliances and hair clippers amounted to $X per unit, jumping by 30% against the previous year. Overall, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for electric shavers, hair-removing appliances and hair clippers increased by +138.9% against 2020 indices. The growth pace was the most rapid in 2021 when the average export price increased by 84% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($X per unit), while the average price for exports to the United Arab Emirates ($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 Saudi Arabia (+4.7%), while the prices for the other major destinations experienced a decline.

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

Imports into Bahrain

In 2022, after three 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 -37.1% to X units. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 62% against the previous year. Imports peaked at X units in 2021, and then shrank notably in the following year.

In value terms, imports of electric shavers, hair-removing appliances and hair clippers contracted sharply to $X in 2022. Over the period under review, imports continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2014 when imports increased by 31%. Imports peaked at $X in 2021, and then declined notably in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of electric shavers, hair-removing appliances and hair clippers to Bahrain, with a 85% 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), more than tenfold. Germany (X units) ranked third in terms of total imports with a 5.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +13.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+16.9% per year) and Germany (-9.8% per year).

In value terms, China ($X) constituted the largest supplier of electric shavers, hair-removing appliances and hair clippers to Bahrain, comprising 65% of total imports. The second position in the ranking was taken by Germany ($X), with an 11% share of total imports. It was followed by Indonesia, with a 9.4% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +7.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-11.1% per year) and Indonesia (+13.3% per year).

Import Prices by Country

The average import price for electric shavers, hair-removing appliances and hair clippers stood at $X per unit in 2022, which is down by -8.4% against the previous year. Overall, the import price showed a pronounced downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by 18%. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per unit), while the price for China ($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 United Arab Emirates (+3.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform