Malta: Smoothing Iron Market 2020

Smoothing Iron Market Size in Malta

The revenue of the smoothing iron market in Malta amounted to $X in 2018, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total market indicated a significant increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, smoothing iron consumption increased by +X% against 2012 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Over the period under review, the smoothing iron market attained its maximum level in 2018 and is likely to continue its growth in the near future.

Smoothing Iron Exports

Exports from Malta

In 2018, the amount of electric smoothing irons exported from Malta stood at X units, growing by X% against the previous year. In general, smoothing iron exports continue to indicate a remarkable expansion. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. In that year, smoothing iron exports attained their peak and are likely to continue its growth in the immediate term.

In value terms, smoothing iron exports stood at $X in 2018. In general, smoothing iron exports continue to indicate an outstanding increase. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. In that year, smoothing iron exports reached their peak and are likely to continue its growth in the immediate term.

Exports by Country

China represented the key exporting country with an export of around X units, which recorded X% of total exports. Indonesia (X units) occupied the second position in the ranking, followed by France (X units) and Germany (X units). All these countries together held approx. X% share of total exports. Singapore (X units), the Netherlands (X units), Hungary (X units), Spain (X units) and Italy (X units) took a relatively small share of total exports.

Exports from China decreased at an average annual rate of -X% from 2007 to 2018. At the same time, the Netherlands (+X%), Indonesia (+X%), Hungary (+X%), Italy (+X%) and France (+X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, Spain (-X%), Germany (-X%) and Singapore (-X%) illustrated a downward trend over the same period. Indonesia (+X p.p.) and the Netherlands (+X p.p.) significantly strengthened its position in terms of the global exports, while Germany, Singapore and China saw its share reduced by -X%, -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest smoothing iron supplier from Malta, comprising X% of global exports. The second position in the ranking was occupied by Singapore ($X), with a X% share of global exports. It was followed by France, with a X% share.

From 2007 to 2018, the average annual growth rate of value in China totaled -X%. In the other countries, the average annual rates were as follows: Singapore (+X% per year) and France (+X% per year).

Export Prices by Country

The smoothing iron export price in Malta stood at $X per unit in 2018, growing by X% against the previous year. Over the period under review, the smoothing iron export price continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2011 when the export price increased by X% y-o-y. In that year, the export prices for electric smoothing irons attained their peak level of $X per unit. From 2012 to 2018, the growth in terms of the export prices for electric smoothing irons remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Singapore ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Singapore, while the other leaders experienced more modest paces of growth.

Smoothing Iron Imports

Imports into Malta

In 2018, the imports of electric smoothing irons into Malta totaled X units, rising by X% against the previous year. Overall, smoothing iron imports continue to indicate strong growth. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. Over the period under review, smoothing iron imports attained their peak figure in 2018 and are expected to retain its growth in the near future.

In value terms, smoothing iron imports totaled $X in 2018. In general, the total imports indicated a moderate increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, smoothing iron imports increased by +X% against 2012 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Malta imports peaked in 2018 and are expected to retain its growth in the near future.

Imports by Country

The U.S. (X units), Germany (X units), Russia (X units), France (X units), the Netherlands (X units), the UK (X units), Mexico (X units), Italy (X units), South Africa (X units), the United Arab Emirates (X units), Turkey (X units) and Brazil (X units) represented roughly X% of total imports of electric smoothing irons in 2018.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Turkey, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Germany ($X) and Italy ($X) constituted the countries with the highest levels of imports in 2018, together accounting for X% of total imports. These countries were followed by Russia, France, the UK, the Netherlands, the United Arab Emirates, Turkey, Mexico, Brazil, South Africa and Malta, which together accounted for a further X terms of the main importing countries, the Netherlands recorded the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The smoothing iron import price in Malta stood at $X per unit in 2018, shrinking by -X% against the previous year. In general, the smoothing iron import price continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2017 an increase of X% y-o-y. Malta import price peaked at $X per unit in 2008; however, from 2009 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Italy ($X per unit), while South Africa ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform