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

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

After two years of growth, the Europe market for electric shavers, hair-removing appliances and hair clippers decreased by -13.4% to $X in 2022. The total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +70.3% against 2013 indices. As a result, consumption reached the peak level of $X, and then contracted in the following year.

Production of Electric Shavers, Hair-Removing Appliances And Hair Clippers in Europe

In value terms, production of electric shavers, hair-removing appliances and hair clippers shrank to $X in 2022 estimated in export price. In general, production saw a slight shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of 46% against the previous year. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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

Exports in Europe

In 2022, exports of electric shavers, hair-removing appliances and hair clippers in Europe fell sharply to X units, waning by -15.1% on 2021. Total exports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -15.5% against 2020 indices. The growth pace was the most rapid in 2017 when exports increased by 19%. Over the period under review, the exports of attained the peak figure at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of electric shavers, hair-removing appliances and hair clippers shrank to $X in 2022. Total exports indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of 19%. The level of export peaked at $X in 2021, and then dropped in the following year.

Exports by Country

The biggest shipments were from Germany (X units), the Netherlands (X units), Poland (X units) and Hungary (X units), together resulting at 78% of total export. France (X units), Spain (X units), Austria (X units), the Czech Republic (X units) and Slovenia (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +39.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Poland ($X) constituted the countries with the highest levels of exports in 2022, together comprising 66% of total exports.

In terms of the main exporting countries, Poland, with a CAGR of +46.4%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Europe amounted to $X per unit, leveling off at the previous year. Over the period under review, the export price, however, recorded a mild slump. The pace of growth was the most pronounced in 2021 when the export price increased by 5.1%. Over the period under review, the export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Hungary ($X per unit), while Slovenia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.0%), while the other leaders experienced more modest paces of growth.

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

Imports in Europe

After seven years of growth, purchases abroad of electric shavers, hair-removing appliances and hair clippers decreased by -14.5% to X units in 2022. Total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of 13%. Over the period under review, imports of reached the peak figure at X units in 2021, and then fell in the following year.

In value terms, imports of electric shavers, hair-removing appliances and hair clippers shrank to $X in 2022. Total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 18% against the previous year. Over the period under review, imports of reached the maximum at $X in 2021, and then shrank in the following year.

Imports by Country

In 2022, Germany (X units), distantly followed by the Netherlands (X units), Hungary (X units), Poland (X units), the UK (X units), Russia (X units) and France (X units) were the largest importers of electric shavers, hair-removing appliances and hair clippers, together constituting 72% of total imports. The following importers - Spain (X units), Italy (X units), the Czech Republic (X units), Sweden (X units) and Austria (X units) - together made up 13% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Hungary (with a CAGR of +19.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported electric shavers, hair-removing appliances and hair clippers in Europe, comprising 26% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 10% share of total imports. It was followed by Hungary, with an 8% share.

In Germany, imports of electric shavers, hair-removing appliances and hair clippers expanded at an average annual rate of +9.4% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the Netherlands (+14.2% per year) and Hungary (+17.0% per year).

Import Prices by Country

The import price in Europe stood at $X per unit in 2022, approximately mirroring the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the import price increased by 6.5% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Sweden ($X per unit), while Russia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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