Price for Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in Australia - 2024

Contents:

1. Price for Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in Australia (CIF) - 2022
2. Price for Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in Australia (FOB) - 2022
3. Imports of Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in Australia
4. Exports of Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in Australia

Price for Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in Australia (CIF) - 2022

In 2022, the average import price for razors and razor blades; (including razor blade blanks in strips)s amounted to $1.1 per unit, dropping by -14.6% against the previous year. In general, the import price, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 63%. The import price peaked at $1.7 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($2.1 per unit), while the price for Vietnam ($531 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+19.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in Australia (FOB) - 2022

The average export price for razors and razor blades; (including razor blade blanks in strips)s stood at $8 per unit in 2022, growing by 8.5% against the previous year. Overall, the export price, however, continues to indicate a perceptible descent. The most prominent rate of growth was recorded in 2018 an increase of 86% against the previous year. Over the period under review, the average export prices hit record highs at $12 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($15 per unit), while the average price for exports to Vanuatu ($1.5 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 Vanuatu (+6.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in Australia

In 2022, approx. 86M units of razors and razor blades; (including razor blade blanks in strips)s were imported into Australia; surging by 53% against the previous year. Overall, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of razors and razor blades; (including razor blade blanks in strips)s surged to $93M in 2022. The total import value increased at an average annual rate of +8.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Razors and Razor Blades; (Including Razor Blade Blanks in Strips) to Australia in 2022:

1. Vietnam (37.0M units)
2. China (13.4M units)
3. Germany (12.1M units)
4. Poland (6.6M units)
5. Greece (4.7M units)
6. United States (3.4M units)
7. Mexico (3.2M units)

Exports of Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in Australia

Exports of razors and razor blades; (including razor blade blanks in strips)s from Australia dropped significantly to 966K units in 2022, declining by -40.1% on the previous year. Over the period under review, exports saw a sharp descent. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. Over the period under review, the exports of hit record highs at 2M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of razors and razor blades; (including razor blade blanks in strips)s declined notably to $7.7M in 2022. Overall, exports saw a deep reduction. The smallest decline of -5.2% was in 2021. The exports peaked at $15M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Razors and Razor Blades; (Including Razor Blade Blanks in Strips) from Australia in 2022:

1. New Zealand (756.4K units)
2. Fiji (70.6K units)
3. Vanuatu (50.0K units)
4. Papua New Guinea (32.6K units)

Source: IndexBox Market Intelligence Platform