Price for Shavers; with Self-Contained Electric Motor in Kuwait - 2021

Contents:

1. Price for Shavers; with Self-Contained Electric Motor in Kuwait (CIF) - 2022
2. Price for Shavers; with Self-Contained Electric Motor in Kuwait (FOB) - 2022
3. Imports of Shavers; with Self-Contained Electric Motor in Kuwait
4. Exports of Shavers; with Self-Contained Electric Motor in Kuwait

Price for Shavers; with Self-Contained Electric Motor in Kuwait (CIF) - 2022

In 2022, the average import price for shavers; with self-contained electric motors amounted to $23 per unit, rising by 28% against the previous year. In general, the import price, however, recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2018 when the average import price increased by 78% against the previous year. Over the period under review, average import prices attained the peak figure at $29 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($79 per unit), while the price for Japan ($7.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Shavers; with Self-Contained Electric Motor in Kuwait (FOB) - 2022

In 2022, the average export price for shavers; with self-contained electric motors amounted to $19 per unit, which is down by -13.2% against the previous year. In general, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, shavers; with self-contained electric motor export price increased by +50.5% against 2018 indices. The most prominent rate of growth was recorded in 2015 when the average export price increased by 48%. Over the period under review, the average export prices reached the maximum at $24 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($294 per unit), while the average price for exports to South Africa ($1.3 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 Iran (+17.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Shavers; with Self-Contained Electric Motor in Kuwait

In 2022, supplies from abroad of shavers; with self-contained electric motors was finally on the rise to reach 114K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a deep reduction. Imports peaked at 133K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, shavers; with self-contained electric motor imports soared to $2.6M in 2022. In general, imports, however, recorded a abrupt decline. Over the period under review, imports reached the peak figure at $3.8M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Shavers; with Self-Contained Electric Motor to Kuwait in 2022:

1. Japan (50.1K units)
2. United Arab Emirates (15.5K units)
3. France (14.6K units)
4. Indonesia (4.9K units)
5. China (3.9K units)
6. Poland (2.2K units)
7. Netherlands (2.0K units)
8. Hong Kong SAR (2.0K units)

Exports of Shavers; with Self-Contained Electric Motor in Kuwait

In 2022, shipments abroad of shavers; with self-contained electric motors increased by 11% to 402 units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a deep contraction. Over the period under review, the exports hit record highs at 490 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, shavers; with self-contained electric motor exports fell slightly to $7.8K in 2022. The total export value increased at an average annual rate of +2.5% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 7.6%. As a result, the exports reached the peak of $8.1K, and then fell slightly in the following year.

Top Export Markets for Shavers; with Self-Contained Electric Motor from Kuwait in 2022:

1. United Arab Emirates (354.0 units)
2. Singapore (18.0 units)
3. Iran (12.0 units)
4. Saudi Arabia (10.0 units)

Source: IndexBox Market Intelligence Platform