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

Contents:

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

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

In 2022, the average import price for razors and razor blades; (including razor blade blanks in strips)s amounted to $3.7 per unit, picking up by 8% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 94% against the previous year. Over the period under review, average import prices attained the maximum at $6.6 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($3.7 per unit) and Pakistan ($3.7 per unit), while the price for Singapore ($3.2 per unit) and China ($3.7 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+1.2%), 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 Bangladesh (FOB) - 2022

In 2022, the average export price for razors and razor blades; (including razor blade blanks in strips)s amounted to $1.5 per unit, approximately equating the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average export price increased by 293%. As a result, the export price reached the peak level of $2.3 per unit. From 2016 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($2.4 per unit), while the average price for exports to the United States ($303 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (+99.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of razors and razor blades; (including razor blade blanks in strips)s imported into Bangladesh rose modestly to 2.8M units, increasing by 1.8% on 2021. The total import volume increased at an average annual rate of +10.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 33% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of razors and razor blades; (including razor blade blanks in strips)s expanded markedly to $10M in 2022. The total import value increased at an average annual rate of +1.7% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 20% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

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

1. India (2297.7K units)
2. Singapore (194.6K units)
3. Pakistan (154.5K units)
4. China (109.1K units)

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

In 2022, approx. 303K units of razors and razor blades; (including razor blade blanks in strips)s were exported from Bangladesh; waning by -59.7% against the previous year's figure. Over the period under review, exports saw a dramatic decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 7.3%. Over the period under review, the exports of hit record highs at 1.2M 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 reduced markedly to $459K in 2022. In general, exports recorded a precipitous shrinkage. The smallest decline of -0.5% was in 2021. Over the period under review, the exports of hit record highs at $2.5M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

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

1. Myanmar (120.4K units)
2. United Kingdom (44.4K units)
3. Kenya (37.1K units)
4. Singapore (31.9K units)
5. United States (30.8K units)
6. Thailand (14.4K units)
7. Italy (11.1K units)

Source: IndexBox Market Intelligence Platform