CIS: Electric Hair Dryer Market 2025

Electric Hair Dryer Market Size in CIS

In 2021, after three years of growth, there was decline in the CIS electric hair dryer market, when its value decreased by -2.1% to $X. Overall, consumption showed a prominent expansion. The level of consumption peaked at $X in 2020, and then fell in the following year.

Electric Hair Dryer Production in CIS

In value terms, electric hair dryer production declined to $X in 2021 estimated in export price. Overall, production recorded a significant increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by 81%. Over the period under review, production reached the maximum level at $X in 2020, and then shrank in the following year.

Electric Hair Dryer Exports

Exports in CIS

Electric hair dryer exports rose sharply to X units in 2021, increasing by 14% compared with the previous year. In general, exports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2020 when exports increased by 149% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in the near future.

In value terms, electric hair dryer exports soared to $X in 2021. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 408%. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the near future.

Exports by Country

Russia represented the major exporter of electric hair dryers in the CIS, with the volume of exports amounting to X units, which was approx. 66% of total exports in 2021. It was distantly followed by Belarus (X units), committing a 33% share of total exports.

Exports from Russia increased at an average annual rate of +10.7% from 2012 to 2021. At the same time, Belarus (+48.0%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +48.0% from 2012-2021. From 2012 to 2021, the share of Belarus increased by +29 percentage points.

In value terms, Russia ($X) remains the largest electric hair dryer supplier in the CIS, comprising 88% of total exports. The second position in the ranking was taken by Belarus ($X), with a 9% share of total exports.

In Russia, electric hair dryer exports increased at an average annual rate of +22.1% over the period from 2012-2021.

Export Prices by Country

The export price in the CIS stood at $X per unit in 2021, surging by 7.8% against the previous year. Over the period under review, the export price posted strong growth. The growth pace was the most rapid in 2020 an increase of 104% against the previous year. The level of export peaked in 2021 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Russia ($X per unit), while Belarus totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+10.2%).

Electric Hair Dryer Imports

Imports in CIS

In 2021, the amount of electric hair dryers imported in the CIS surged to X units, rising by 23% compared with the year before. Total imports indicated a moderate increase from 2012 to 2021: its volume increased at an average annual rate of +3.0% 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 +62.0% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 32%. The volume of import peaked in 2021 and is expected to retain growth in years to come.

In value terms, electric hair dryer imports skyrocketed to $X in 2021. In general, imports saw a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 63% against the previous year. The level of import peaked in 2021 and is likely to see steady growth in the immediate term.

Imports by Country

Russia was the main importing country with an import of around X units, which finished at 72% of total imports. It was distantly followed by Kazakhstan (X units) and Belarus (X units), together committing a 20% share of total imports. Azerbaijan (X units) and Kyrgyzstan (X units) followed a long way behind the leaders.

Russia experienced a relatively flat trend pattern with regard to volume of imports of electric hair dryers. At the same time, Azerbaijan (+30.5%), Kyrgyzstan (+29.0%), Kazakhstan (+15.3%) and Belarus (+5.8%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +30.5% from 2012-2021. Kazakhstan (+9 p.p.), Azerbaijan (+2.7 p.p.) and Kyrgyzstan (+1.8 p.p.) significantly strengthened its position in terms of the total imports, while Russia saw its share reduced by -16.9% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported electric hair dryers in the CIS, comprising 74% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a 15% share of total imports. It was followed by Belarus, with a 5.6% share.

In Russia, electric hair dryer imports increased at an average annual rate of +4.7% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (+20.9% per year) and Belarus (+6.4% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2021, growing by 4% against the previous year. Import price indicated a temperate expansion from 2012 to 2021: its price increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, electric hair dryer import price increased by +92.5% against 2016 indices. The growth pace was the most rapid in 2017 an increase of 26% against the previous year. The level of import peaked in 2021 and is likely to see steady growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+4.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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