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

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

In 2022, the Japanese market for electric shavers, hair-removing appliances and hair clippers was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption, however, saw a pronounced contraction. Consumption of peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

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

Exports from Japan

Exports of electric shavers, hair-removing appliances and hair clippers from Japan shrank dramatically to X units in 2022, dropping by -30.9% compared with the year before. In general, exports saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 20% against the previous year. Over the period under review, the exports of hit record highs at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of electric shavers, hair-removing appliances and hair clippers dropped significantly to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 20%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X units), the United States (X units) and South Korea (X units) were the main destinations of exports of electric shavers, hair-removing appliances and hair clippers from Japan, with a combined 47% share of total exports. The United Arab Emirates, Hong Kong SAR, Italy, Taiwan (Chinese), Saudi Arabia, China and Singapore lagged somewhat behind, together comprising a further 38%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +43.4%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for electric shavers, hair-removing appliances and hair clippers exports from Japan, comprising 28% of total exports. The second position in the ranking was taken by the United States ($X), with a 14% share of total exports. It was followed by Italy, with a 9.3% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to +2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+1.9% per year) and Italy (+49.3% 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, with an increase of 2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.4%. The most prominent rate of growth was recorded in 2021 an increase of 9.2% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X per unit), while the average price for exports to Taiwan (Chinese) ($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 Uruguay (+25.9%), 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 Japan

In 2022, after two years of decline, there was significant growth in overseas purchases of electric shavers, hair-removing appliances and hair clippers, when their volume increased by 5.3% to X units. Overall, imports, however, saw a perceptible downturn. The pace of growth appeared the most rapid in 2016 when imports increased by 31%. Over the period under review, imports of hit record highs at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, imports of electric shavers, hair-removing appliances and hair clippers stood at $X in 2022. In general, imports, however, saw a noticeable reduction. The most prominent rate of growth was recorded in 2016 with an increase of 18% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of electric shavers, hair-removing appliances and hair clippers to Japan, accounting for a 75% 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), fivefold. The third position in this ranking was held by Indonesia (X units), with a 3.2% share.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-7.2% per year) and Indonesia (+8.1% per year).

In value terms, China ($X) constituted the largest supplier of electric shavers, hair-removing appliances and hair clippers to Japan, comprising 74% of total imports. The second position in the ranking was taken by Germany ($X), with a 16% share of total imports. It was followed by Indonesia, with a 2.9% share.

From 2012 to 2022, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-8.3% per year) and Indonesia (+11.6% per year).

Import Prices by Country

The average import price for electric shavers, hair-removing appliances and hair clippers stood at $X per unit in 2022, which is down by -4.1% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 10% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Netherlands ($X per unit) and Thailand ($X per unit), while the price for Indonesia ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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