Hong Kong SAR, China: Electric Hair Dryer Market 2025

Electric Hair Dryer Market Size in Hong Kong SAR, China

The Hong Kong electric hair dryer market surged to $X in 2021, rising by 224% against the previous year. Over the period under review, consumption showed a significant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Electric Hair Dryer Production in Hong Kong SAR, China

In value terms, electric hair dryer production reduced markedly to $X in 2021 estimated in export price. Overall, production, however, posted prominent growth. Over the period under review, production hit record highs at $X in 2020, and then declined significantly in the following year.

Electric Hair Dryer Exports

Exports from Hong Kong SAR, China

In 2021, approx. X units of electric hair dryers were exported from Hong Kong SAR; dropping by -11.8% on the previous year. Over the period under review, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2019 when exports increased by 7% against the previous year. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, electric hair dryer exports skyrocketed to $X in 2021. Overall, exports saw a perceptible reduction. The growth pace was the most rapid in 2019 when exports increased by 86% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Japan (X units) was the main destination for electric hair dryer exports from Hong Kong SAR, accounting for a 39% share of total exports. Moreover, electric hair dryer exports to Japan exceeded the volume sent to the second major destination, China (X units), threefold. The United States (X units) ranked third in terms of total exports with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Japan stood at -20.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+11.0% per year) and the United States (-6.9% per year).

In value terms, the largest markets for electric hair dryer exported from Hong Kong SAR were China ($X), Japan ($X) and Macao SAR ($X), with a combined 85% share of total exports.

China, with a CAGR of +42.9%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average electric hair dryer export price amounted to $X per unit, surging by 62% against the previous year. Over the period under review, the export price saw a resilient increase. The most prominent rate of growth was recorded in 2019 an increase of 74%. The export price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Macao SAR ($X per unit), while the average price for exports to Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+28.7%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Hair Dryer Imports

Imports into Hong Kong SAR, China

Electric hair dryer imports into Hong Kong SAR soared to X units in 2021, with an increase of 96% on 2020. Over the period under review, imports, however, continue to indicate a deep contraction. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, electric hair dryer imports soared to $X in 2021. In general, imports showed a temperate increase. The most prominent rate of growth was recorded in 2018 when imports increased by 92% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest electric hair dryer supplier to Hong Kong SAR, accounting for a 80% share of total imports. Moreover, electric hair dryer imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X units), sevenfold. The third position in this ranking was taken by Thailand (X units), with a 3.4% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at -12.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+98.5% per year) and Thailand (-3.8% per year).

In value terms, the largest electric hair dryer suppliers to Hong Kong SAR were China ($X), Malaysia ($X) and the United Arab Emirates ($X), with a combined 79% share of total imports.

The United Arab Emirates, with a CAGR of +102.8%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average electric hair dryer import price stood at $X per unit in 2021, shrinking by -15.6% against the previous year. Overall, the import price, however, continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 108%. The import price peaked at $X per unit in 2020, and then shrank dramatically in the following year.

Prices varied noticeably country of origin: the country with the highest price was Malaysia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+24.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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