Ireland: Electric Hair Dryer Market 2024

Electric Hair Dryer Market Size in Ireland

In 2021, the Irish electric hair dryer market increased by 22% to $X, rising for the second consecutive year after two years of decline. Overall, the total consumption indicated notable growth from 2012 to 2021: its value 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, consumption increased by +75.0% against 2019 indices. Electric hair dryer consumption peaked in 2021 and is likely to see steady growth in the immediate term.

Electric Hair Dryer Exports

Exports from Ireland

In 2021, shipments abroad of electric hair dryers decreased by -14.2% to X units, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, recorded a measured increase. The growth pace was the most rapid in 2015 when exports increased by 93% against the previous year. As a result, the exports attained the peak of X units. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, electric hair dryer exports fell rapidly to $X in 2021. In general, exports, however, enjoyed a resilient expansion. The growth pace was the most rapid in 2015 when exports increased by 97%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

The UK (X units) was the main destination for electric hair dryer exports from Ireland, accounting for a 89% share of total exports. Moreover, electric hair dryer exports to the UK exceeded the volume sent to the second major destination, France (X units), more than tenfold. Germany (X units) ranked third in terms of total exports with a 3.9% share.

From 2012 to 2021, the average annual growth rate of volume to the UK totaled +3.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+91.6% per year) and Germany (+45.3% per year).

In value terms, the UK ($X) remains the key foreign market for electric hair dryers exports from Ireland, comprising 90% of total exports. The second position in the ranking was held by France ($X), with a 5% share of total exports. It was followed by Germany, with a 4.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the UK stood at +5.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+95.8% per year) and Germany (+47.9% per year).

Export Prices by Country

The average electric hair dryer export price stood at $X per unit in 2021, which is down by -26.4% against the previous year. Overall, the export price, however, recorded a mild increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 88%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2021, the average export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2021, the countries with the highest prices were Germany ($X per unit) and the UK ($X per unit), while the average price for exports to France ($X per unit) and Slovakia ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Hair Dryer Imports

Imports into Ireland

In 2021, electric hair dryer imports into Ireland declined to X units, waning by -14.2% on the previous year's figure. Over the period under review, imports showed a slight setback. The growth pace was the most rapid in 2020 with an increase of 87% against the previous year. As a result, imports attained the peak of X units, and then reduced in the following year.

In value terms, electric hair dryer imports skyrocketed to $X in 2021. In general, total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +72.0% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest electric hair dryer supplier to Ireland, accounting for a 53% share of total imports. Moreover, electric hair dryer imports from China exceeded the figures recorded by the second-largest supplier, the UK (X units), threefold. Malaysia (X units) ranked third in terms of total imports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +23.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-17.5% per year) and Malaysia (-14.4% per year).

In value terms, China ($X) constituted the largest supplier of electric hair dryers to Ireland, comprising 40% of total imports. The second position in the ranking was taken by the UK ($X), with a 19% share of total imports. It was followed by Malaysia, with a 19% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +29.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-10.0% per year) and Malaysia (+8.4% per year).

Import Prices by Country

In 2021, the average electric hair dryer import price amounted to $X per unit, jumping by 70% against the previous year. In general, import price indicated strong growth from 2012 to 2021: its price increased at an average annual rate of +8.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+2,238.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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