Canada - Electric Hair Dryers - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Canada - Electric Hair Dryers - Market Analysis, Forecast, Size, Trends And Insights

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Electric Hair Dryer Price in Canada - 2023

Contents:

  1. Electric Hair Dryer Price in Canada (CIF) - 2023
  2. Electric Hair Dryer Price in Canada (FOB) - 2022
  3. Electric Hair Dryer Imports in Canada
  4. Electric Hair Dryer Exports in Canada

Electric Hair Dryer Price in Canada (CIF) - 2023

The average electric hair dryer import price stood at $32.4 per unit in September 2023, growing by 91% against the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 91% m-o-m. As a result, import price reached the peak level of $52.0 per unit. From March 2023 to September 2023, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was China ($33.5 per unit), while the price for the Philippines amounted to $28.6 per unit.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+9.3%).

Electric Hair Dryer Price in Canada (FOB) - 2022

In 2022, the average electric hair dryer export price amounted to $20 per unit, waning by -10% against the previous year. In general, the export price recorded a abrupt setback. The growth pace was the most rapid in 2018 when the average export price increased by 57%. Over the period under review, the average export prices reached the maximum at $48 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Saint Kitts and Nevis ($25 per unit), while the average price for exports to the United States stood at $19 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.3%).

Electric Hair Dryer Imports in Canada

In 2022, supplies from abroad of electric hair dryers was finally on the rise to reach 2.1M units after two years of decline. Overall, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports attained the peak figure at 2.2M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, electric hair dryer imports soared to $46M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Electric Hair Dryer in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China20.715.117.023.54.3%
Philippines10.711.312.620.624.4%
United States1.43.54.20.6-24.6%
Others2.31.51.41.7-9.6%
Total35.131.535.246.59.8%

Top Suppliers of Electric Hair Dryer to Canada in 2022:

  1. China (1700.6K units)
  2. Philippines (350.6K units)
  3. United States (15.9K units)

Electric Hair Dryer Exports in Canada

In 2022, overseas shipments of electric hair dryers decreased by -35.1% to 17K units, falling for the second year in a row after two years of growth. Overall, exports showed a abrupt contraction. The pace of growth was the most pronounced in 2020 when exports increased by 15%. As a result, the exports attained the peak of 27K units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, electric hair dryer exports fell markedly to $340K in 2022. In general, exports faced a precipitous setback. The growth pace was the most rapid in 2021 when exports increased by 8.8% against the previous year. Over the period under review, the exports attained the maximum at $728K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Electric Hair Dryer in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States681525572319-22.3%
Saint Kitts and NevisN/AN/AN/A11.10%
Chile16.3N/A9.9N/A-22.1%
Others31.110.20.310.8-29.7%
Total728535582340-22.4%

Top Export Markets for Electric Hair Dryer from Canada in 2022:

  1. United States (16.4K units)
  2. Saint Kitts and Nevis (0.4K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the electric hair dryer market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 27512310 - Electric hair dryers

Country coverage:

  • Canada

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Canada
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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