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

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

In 2022, the EU market for electric shavers, hair-removing appliances and hair clippers decreased by -12.6% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, enjoyed a strong increase. Over the period under review, the market attained the peak level at $X in 2021, and then shrank in the following year.

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

In value terms, production of electric shavers, hair-removing appliances and hair clippers contracted to $X in 2022 estimated in export price. Overall, production saw a mild descent. The most prominent rate of growth was recorded in 2018 when the production volume increased by 46% against the previous year. Over the period under review, production of attained the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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

Exports in the EU

In 2022, shipments abroad of electric shavers, hair-removing appliances and hair clippers decreased by -15.3% to X units for the first time since 2019, thus ending a two-year rising trend. Total exports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +5.5% 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 2017 when exports increased by 19%. The volume of export peaked at X units in 2021, and then shrank sharply in the following year.

In value terms, exports of electric shavers, hair-removing appliances and hair clippers contracted to $X in 2022. Total exports indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when exports increased by 19% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2021, and then declined in the following year.

Exports by Country

Germany (X units), the Netherlands (X units), Poland (X units) and Hungary (X units) represented roughly 81% of total exports in 2022. The following exporters - France (X units), Spain (X units), Austria (X units) and the Czech Republic (X units) - together made up 11% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Poland (with a CAGR of +39.4%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Poland ($X) were the countries with the highest levels of exports in 2022, with a combined 69% 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 the European Union amounted to $X per unit, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, showed a slight reduction. The pace of growth appeared the most rapid in 2021 an increase of 6%. Over the period under review, the export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Hungary ($X per unit), while Austria ($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 the EU

In 2022, supplies from abroad of electric shavers, hair-removing appliances and hair clippers decreased by -14.6% to X units, falling for the second year in a row after nine years of growth. Total imports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -16.0% against 2020 indices. The pace of growth was the most pronounced in 2015 when imports increased by 19%. Over the period under review, imports of reached the maximum at X units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, imports of electric shavers, hair-removing appliances and hair clippers shrank to $X in 2022. Total imports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of 20%. Over the period under review, imports of attained the peak figure at $X in 2021, and then declined in the following year.

Imports by Country

In 2022, Germany (X units), distantly followed by the Netherlands (X units), Hungary (X units), Poland (X units), France (X units), Spain (X units) and Italy (X units) represented the major importers of electric shavers, hair-removing appliances and hair clippers, together achieving 81% of total imports.

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, Germany ($X) constitutes the largest market for imported electric shavers, hair-removing appliances and hair clippers in the European Union, comprising 30% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 12% share of total imports. It was followed by Hungary, with a 9.4% share.

In Germany, imports of electric shavers, hair-removing appliances and hair clippers expanded at an average annual rate of +9.4% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: the Netherlands (+14.2% per year) and Hungary (+17.0% per year).

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per unit, picking up by 2.1% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the import price increased by 7.6%. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Italy ($X per unit), while Poland ($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 (+5.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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