United Kingdom: Electric Hair Dryer Market 2024

Electric Hair Dryer Market Size in the UK

In 2021, the UK electric hair dryer market was finally on the rise to reach $X after two years of decline. The market value increased at an average annual rate of +5.8% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Electric hair dryer consumption peaked in 2021 and is expected to retain growth in years to come.

Electric Hair Dryer Production in the UK

In value terms, electric hair dryer production reached $X in 2021 estimated in export price. Overall, production, however, recorded temperate growth. The growth pace was the most rapid in 2016 when the production volume increased by 67% against the previous year. Electric hair dryer production peaked at $X in 2019; afterwards, it flattened through to 2021.

Electric Hair Dryer Exports

Exports from the UK

In 2021, approx. X units of electric hair dryers were exported from the UK; waning by -48.9% on the year before. Overall, exports recorded a noticeable slump. The most prominent rate of growth was recorded in 2016 with an increase of 45%. Over the period under review, the exports hit record highs at X units in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, electric hair dryer exports declined sharply to $X in 2021. Over the period under review, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of 58%. Over the period under review, the exports hit record highs at $X in 2020, and then shrank notably in the following year.

Exports by Country

Ireland (X units) was the main destination for electric hair dryer exports from the UK, accounting for a 34% share of total exports. Moreover, electric hair dryer exports to Ireland exceeded the volume sent to the second major destination, France (X units), threefold. The third position in this ranking was held by Germany (X units), with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Ireland totaled -4.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+10.5% per year) and Germany (+5.9% per year).

In value terms, Ireland ($X) remains the key foreign market for electric hair dryers exports from the UK, comprising 32% of total exports. The second position in the ranking was held by Italy ($X), with a 15% share of total exports. It was followed by Germany, with a 13% share.

From 2012 to 2021, the average annual growth rate of value to Ireland amounted to -3.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+18.1% per year) and Germany (+13.8% per year).

Export Prices by Country

The average electric hair dryer export price stood at $X per unit in 2021, jumping by 20% against the previous year. Over the period under review, export price indicated a moderate expansion from 2012 to 2021: its price increased at an average annual rate of +3.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, electric hair dryer export price increased by +75.8% against 2013 indices. The pace of growth appeared the most rapid in 2014 an increase of 28% against the previous year. Over the period under review, the average export prices reached the maximum in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Italy ($X per unit), while the average price for exports to Turkey ($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 Poland (+21.2%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Hair Dryer Imports

Imports into the UK

For the third consecutive year, the UK recorded decline in purchases abroad of electric hair dryers, which decreased by -0.5% to X units in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when imports increased by 12% against the previous year. Over the period under review, imports attained the peak figure at X units in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, electric hair dryer imports amounted to $X in 2021. The total import value increased at an average annual rate of +5.8% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 when imports increased by 23%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest electric hair dryer supplier to the UK, with a 87% share of total imports. Moreover, electric hair dryer imports from China exceeded the figures recorded by the second-largest supplier, the Philippines (X units), more than tenfold. Hungary (X units) ranked third in terms of total imports with a 2.7% share.

From 2012 to 2021, 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: the Philippines (+33.2% per year) and Hungary (-28.6% per year).

In value terms, China ($X) constituted the largest supplier of electric hair dryers to the UK, comprising 61% of total imports. The second position in the ranking was held by the Philippines ($X), with a 25% share of total imports. It was followed by Hungary, with a 3.7% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (+51.3% per year) and Hungary (-23.4% per year).

Import Prices by Country

The average electric hair dryer import price stood at $X per unit in 2021, picking up by 10% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +5.8%. The growth pace was the most rapid in 2016 when the average import price increased by 12% against the previous year. The import price peaked in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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