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

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

The Irish market for electric shavers, hair-removing appliances and hair clippers soared to $X in 2022, increasing by 167% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

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

Exports from Ireland

After four years of decline, shipments abroad of electric shavers, hair-removing appliances and hair clippers increased by 7.5% to X units in 2022. Over the period under review, exports, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2015 when exports increased by 76%. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of electric shavers, hair-removing appliances and hair clippers skyrocketed to $X in 2022. In general, exports, however, continue to indicate a abrupt decrease. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

The UK (X units) was the main destination for exports of electric shavers, hair-removing appliances and hair clippers from Ireland, with a 80% share of total exports. Moreover, exports of electric shavers, hair-removing appliances and hair clippers to the UK exceeded the volume sent to the second major destination, France (X units), tenfold. The third position in this ranking was held by Germany (X units), with a 2.5% share.

From 2012 to 2022, the average annual growth rate of volume to the UK totaled -14.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+66.7% per year) and Germany (-4.3% per year).

In value terms, the UK ($X) emerged as the key foreign market for electric shavers, hair-removing appliances and hair clippers exports from Ireland, comprising 88% of total exports. The second position in the ranking was taken by France ($X), with a 6% share of total exports. It was followed by Germany, with a 1.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK stood at -4.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+75.8% per year) and Germany (-4.1% per year).

Export Prices by Country

The average export price for electric shavers, hair-removing appliances and hair clippers stood at $X per unit in 2022, rising by 242% against the previous year. Over the period under review, the export price saw a prominent increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Ireland

In 2022, imports of electric shavers, hair-removing appliances and hair clippers into Ireland skyrocketed to X units, picking up by 105% on the year before. Over the period under review, imports, however, recorded a noticeable setback. Imports peaked at X units in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of electric shavers, hair-removing appliances and hair clippers skyrocketed to $X in 2022. Overall, total imports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest supplier of electric shavers, hair-removing appliances and hair clippers to Ireland, accounting for a 53% share of total imports. Moreover, imports of electric shavers, hair-removing appliances and hair clippers from China exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. The UK (X units) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +16.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+19.5% per year) and the UK (-20.5% per year).

In value terms, the largest electric shavers, hair-removing appliances and hair clippers suppliers to Ireland were the UK ($X), China ($X) and Germany ($X), together accounting for 80% of total imports. Indonesia, the United States, the Netherlands and the United Arab Emirates lagged somewhat behind, together accounting for a further 11%.

In terms of the main suppliers, Indonesia, with a CAGR of +47.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for electric shavers, hair-removing appliances and hair clippers stood at $X per unit in 2022, increasing by 38% against the previous year. In general, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for electric shavers, hair-removing appliances and hair clippers increased by +69.2% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+18.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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