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

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

In 2022, the Swiss market for electric shavers, hair-removing appliances and hair clippers decreased by -17.5% to $X, falling for the second year in a row after two years of growth. Overall, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

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

Exports from Switzerland

In 2022, exports of electric shavers, hair-removing appliances and hair clippers from Switzerland surged to X units, with an increase of 16% against the year before. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 34%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of electric shavers, hair-removing appliances and hair clippers reduced modestly to $X in 2022. Overall, exports showed a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. As a result, the exports attained the peak of $X, and then dropped slightly in the following year.

Exports by Country

The United Arab Emirates (X units), the United States (X units) and Germany (X units) were the main destinations of exports of electric shavers, hair-removing appliances and hair clippers from Switzerland, together comprising 41% of total exports. The UK, France, Australia, Italy, the Netherlands, Kuwait, Austria, Poland, Belgium and South Korea lagged somewhat behind, together accounting for a further 41%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +57.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electric shavers, hair-removing appliances and hair clippers exported from Switzerland were the United States ($X), Germany ($X) and the UK ($X), together accounting for 41% of total exports. France, Australia, the Netherlands, Austria, Italy, Poland, South Korea, the United Arab Emirates, Belgium and Kuwait lagged somewhat behind, together accounting for a further 39%.

Poland, with a CAGR of +63.3%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for electric shavers, hair-removing appliances and hair clippers amounted to $X per unit, reducing by -15.8% against the previous year. In general, the export price, however, posted prominent growth. The pace of growth appeared the most rapid in 2021 an increase of 31% against the previous year. As a result, the export price reached the peak level of $X per unit, and then fell significantly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per unit), while the average price for exports to Kuwait ($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 Austria (+15.1%), 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 Switzerland

In 2022, supplies from abroad of electric shavers, hair-removing appliances and hair clippers decreased by -9.5% to X units, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 11%. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of electric shavers, hair-removing appliances and hair clippers shrank to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 21%. Over the period under review, imports of attained the maximum at $X in 2021, and then shrank in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of electric shavers, hair-removing appliances and hair clippers to Switzerland, accounting for a 57% 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 third position in this ranking was taken by Indonesia (X units), with a 12% 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 (-8.1% per year) and Indonesia (+38.5% per year).

In value terms, the largest electric shavers, hair-removing appliances and hair clippers suppliers to Switzerland were Germany ($X), China ($X) and Indonesia ($X), together comprising 81% of total imports.

In terms of the main suppliers, Indonesia, with a CAGR of +31.6%, saw the highest rates of growth with regard to 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

In 2022, the average import price for electric shavers, hair-removing appliances and hair clippers amounted to $X per unit, reducing by -5.8% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 20%. As a result, import price attained the peak level of $X per unit, and then declined in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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