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

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

The East European market for electric shavers, hair-removing appliances and hair clippers dropped remarkably to $X in 2022, waning by -17.8% against the previous year. In general, consumption, however, enjoyed a prominent increase. As a result, consumption reached the peak level of $X, and then fell rapidly in the following year.

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

In value terms, production of electric shavers, hair-removing appliances and hair clippers dropped slightly to $X in 2022 estimated in export price. Overall, production saw a abrupt slump. The growth pace was the most rapid in 2018 when the production volume increased by 403% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production of growth failed to regain momentum.

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

Exports in Eastern Europe

In 2022, shipments abroad of electric shavers, hair-removing appliances and hair clippers decreased by -19.5% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2016 when exports increased by 29%. Over the period under review, the exports of hit record highs at X units in 2021, and then contracted markedly in the following year.

In value terms, exports of electric shavers, hair-removing appliances and hair clippers shrank dramatically to $X in 2022. In general, exports, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2018 with an increase of 27%. The level of export peaked at $X in 2021, and then dropped markedly in the following year.

Exports by Country

Poland (X units) and Hungary (X units) prevails in clippers structure, together achieving 84% of total exports. It was distantly followed by the Czech Republic (X units), achieving a 4.7% share of total exports. Slovakia (X units), Belarus (X units) and Russia (X units) took a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for Belarus (with a CAGR of +48.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Hungary ($X) and the Czech Republic ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined 91% share of total exports.

Among the main exporting countries, Poland, with a CAGR of +46.4%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per unit, increasing by 2.5% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2019 when the export price increased by 7.8% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Hungary ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.0%), while the other leaders experienced more modest paces of growth.

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

Imports in Eastern Europe

In 2022, purchases abroad of electric shavers, hair-removing appliances and hair clippers decreased by -14.6% to X units for the first time since 2014, thus ending a seven-year rising trend. Overall, imports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 19% against the previous year. The volume of import peaked at X units in 2021, and then reduced in the following year.

In value terms, imports of electric shavers, hair-removing appliances and hair clippers reduced dramatically to $X in 2022. In general, imports, however, continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2017 with an increase of 31%. The level of import peaked at $X in 2021, and then fell markedly in the following year.

Imports by Country

The countries with the highest levels of imports of electric shavers, hair-removing appliances and hair clippers in 2022 were Hungary (X units), Poland (X units) and Russia (X units), together resulting at 77% of total import. It was distantly followed by the Czech Republic (X units), making up a 5.5% share of total imports. Slovakia (X units), Romania (X units) and Ukraine (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +19.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), Poland ($X) and Russia ($X) were the countries with the highest levels of imports in 2022, with a combined 72% share of total imports. Slovakia, the Czech Republic, Romania and Ukraine lagged somewhat behind, together comprising a further 20%.

Slovakia, with a CAGR of +18.7%, recorded the highest growth rate of the value of imports, among 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 Eastern Europe amounted to $X per unit, shrinking by -2.4% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 10% against the previous year. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 Slovakia ($X per unit), while Ukraine ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+5.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :