Price for Shavers; with Self-Contained Electric Motor in Norway - 2023

Contents:

1. Price for Shavers; with Self-Contained Electric Motor in Norway (CIF) - 2023
2. Price for Shavers; with Self-Contained Electric Motor in Norway (FOB) - 2022
3. Imports of Shavers; with Self-Contained Electric Motor in Norway
4. Exports of Shavers; with Self-Contained Electric Motor in Norway

Price for Shavers; with Self-Contained Electric Motor in Norway (CIF) - 2023

In August 2023, the average import price for shavers; with self-contained electric motors amounted to $55.7 per unit, picking up by 10% against the previous month. Over the period under review, import price indicated a moderate increase from August 2022 to August 2023: its price increased at an average monthly rate of +2.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, shavers; with self-contained electric motor import price increased by +72.1% against May 2023 indices. The most prominent rate of growth was recorded in June 2023 an increase of 44% m-o-m. Over the period under review, average import prices hit record highs in August 2023.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($105 per unit), while the price for China ($32.6 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (+4.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for shavers; with self-contained electric motors amounted to $61 per unit, rising by 12% against the previous year. Overall, the export price, however, saw a slight contraction. The pace of growth appeared the most rapid in 2019 when the average export price increased by 19%. The export price peaked at $92 per unit in 2017; however, from 2018 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 Sweden ($82 per unit), while the average price for exports to the Netherlands ($19 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 Sweden (+0.5%), while the prices for the other major destinations experienced a decline.

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

After two years of decline, purchases abroad of shavers; with self-contained electric motors increased by 12% to 274K units in 2022. The total import volume increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, shavers; with self-contained electric motor imports declined to $10M in 2022. In general, imports, however, recorded a perceptible slump. The most prominent rate of growth was recorded in 2021 when imports increased by 3.4% against the previous year. As a result, imports reached the peak of $11M, and then dropped in the following year.

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

1. China (101.8K units)
2. Indonesia (89.3K units)
3. Netherlands (61.7K units)
4. Germany (13.8K units)

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

In 2022, approx. 3K units of shavers; with self-contained electric motors were exported from Norway; declining by -26.6% on the previous year. Overall, exports continue to indicate a perceptible descent. The pace of growth appeared the most rapid in 2021 when exports increased by 49% against the previous year. As a result, the exports reached the peak of 4K units, and then declined sharply in the following year.

In value terms, shavers; with self-contained electric motor exports shrank significantly to $180K in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 44%. As a result, the exports reached the peak of $219K, and then contracted notably in the following year.

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

1. Sweden (2060.0 units)
2. Finland (228.0 units)
3. Netherlands (128.0 units)
4. Germany (24.0 units)

Source: IndexBox Market Intelligence Platform