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

Price for Shavers; with Self-Contained Electric Motor in Romania (FOB) - 2023

The average export price for shavers; with self-contained electric motors stood at $40.6 per unit in July 2023, picking up by 44% against the previous month. Overall, the export price, however, showed a pronounced curtailment. The pace of growth appeared the most rapid in December 2022 when the average export price increased by 172% month-to-month. The export price peaked at $127 per unit in May 2023; however, from June 2023 to July 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Poland ($148 per unit), while the average price for exports to Belgium ($30.8 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for shavers; with self-contained electric motors stood at $58.0 per unit in July 2023, dropping by -30.2% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 when the average import price increased by 38% against the previous month. Over the period under review, average import prices attained the maximum at $83.0 per unit in June 2023, and then reduced sharply in the following month.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Hungary ($110 per unit), while the price for China ($19.1 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

For the third consecutive year, Romania recorded decline in shipments abroad of shavers; with self-contained electric motors, which decreased by -76.6% to 96K units in 2022. Over the period under review, exports recorded a dramatic downturn. The smallest decline of -12.8% was in 2020. The exports peaked at 968K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, shavers; with self-contained electric motor exports reduced dramatically to $2.1M in 2022. Overall, exports recorded a precipitous descent. The most prominent rate of growth was recorded in 2020 when exports increased by 80% against the previous year. As a result, the exports attained the peak of $18M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Shavers; with Self-Contained Electric Motor in Romania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	46.2	704	1,042	686	145.8%
Bulgaria	667	351	347	352	-19.2%
Netherlands	3,572	7,407	3,268	323	-55.1%
Germany	91.9	436	709	308	49.7%
Belgium	58.8	87.8	168	90.3	15.4%
United Arab Emirates	N/A	N/A	1.4	72.3	5064.3%
Hungary	1,337	3,487	939	58.6	-64.7%
Serbia	280	70.3	163	42.9	-46.5%
Moldova	80.2	38.5	35.1	39.6	-21.0%
Bosnia and Herzegovina	85.2	24.7	16.3	17.2	-41.3%
France	3,457	4,653	462	10.2	-85.7%
Russia	228	574	70.8	N/A	-44.3%
Others	235	434	334	82.2	-29.5%
Total	10,140	18,267	7,556	2,082	-41.0%

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

Poland (32.3K units)
Netherlands (24.2K units)
Bulgaria (15.8K units)
Germany (10.1K units)
Hungary (5.0K units)
Belgium (4.8K units)
Serbia (4.6K units)
United Arab Emirates (4.3K units)
Moldova (4.2K units)
Bosnia and Herzegovina (2.5K units)
France (0.4K units)

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

For the third year in a row, Romania recorded decline in supplies from abroad of shavers; with self-contained electric motors, which decreased by -29.2% to 269K units in 2022. Overall, imports faced a sharp descent. Over the period under review, imports hit record highs at 1.4M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, shavers; with self-contained electric motor imports dropped sharply to $5.6M in 2022. In general, imports saw a deep reduction. The pace of growth was the most pronounced in 2020 when imports increased by 56%. As a result, imports attained the peak of $12M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Shavers; with Self-Contained Electric Motor in Romania (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Hungary	2.1	2.9	3.7	3.3	16.3%
Germany	1.0	0.9	1.1	1.0	0.0%
China	0.1	0.3	0.4	0.4	58.7%
Czech Republic	0.2	0.3	0.4	0.3	14.5%
Poland	0.7	0.5	0.4	0.3	-24.6%
Netherlands	N/A	0.1	0.1	0.1	0.0%
Indonesia	3.7	7.3	1.2	N/A	-43.1%
Others	0.3	0.2	0.2	0.2	-12.6%
Total	8.0	12.5	7.4	5.6	-11.2%