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

Contents:

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

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

In 2022, the average import price for razors and razor blades; (including razor blade blanks in strips)s amounted to $85 per thousand units, with a decrease of -43.8% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 77% against the previous year. The import price peaked at $196 per thousand units in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 the United Arab Emirates ($451 per thousand units), while the price for Russia ($42 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 (+18.1%), 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 Azerbaijan (FOB) - 2022

In 2022, the average export price for razors and razor blades; (including razor blade blanks in strips)s amounted to $330 per thousand units, shrinking by -82.9% against the previous year. Overall, the export price faced a precipitous decrease. The most prominent rate of growth was recorded in 2021 a decrease of -31.4%. The export price peaked at $11 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($1.9 per unit), while the average price for exports to Belarus stood at $56 per thousand units.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+51.8%).

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

In 2022, overseas purchases of razors and razor blades; (including razor blade blanks in strips)s were finally on the rise to reach 71M units after two years of decline. The total import volume increased at an average annual rate of +6.8% over the period 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.

In value terms, imports of razors and razor blades; (including razor blade blanks in strips)s contracted markedly to $6.1M in 2022. In general, imports, however, continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 2.8%. As a result, imports attained the peak of $11M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in Azerbaijan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland4.14.93.63.5-5.1%
Russia2.82.91.90.7-37.0%
United Arab Emirates0.10.20.40.571.0%
Vietnam0.20.10.20.20.0%
China0.70.50.20.2-34.1%
Others2.52.00.90.9-28.9%
Total10.410.77.36.1-16.3%

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

  1. Poland (44.3M units)
  2. Russia (16.2M units)
  3. Vietnam (5.3M units)
  4. United Arab Emirates (1.2M units)
  5. China (0.6M units)

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

After two years of growth, overseas shipments of razors and razor blades; (including razor blade blanks in strips)s decreased by -47.7% to 318K units in 2022. In general, exports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 29% against the previous year. As a result, the exports attained the peak of 609K units, and then contracted notably in the following year.

In value terms, exports of razors and razor blades; (including razor blade blanks in strips)s contracted significantly to $105K in 2022. Over the period under review, exports recorded a precipitous shrinkage. The smallest decline of -11.5% was in 2021. Over the period under review, the exports of hit record highs at $1.3M in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Export of Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in Azerbaijan (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Turkey1,22068189.6-72.9%
BelarusN/AN/A15.20%
Latvia99.5488N/A390.5%
Others5.94.40.2-81.6%
Total1,3261,174105-71.9%

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

  1. Belarus (270.7K units)
  2. Turkey (47.2K units)

Source: IndexBox Market Intelligence Platform

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