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

Contents:

1. Price for Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in China (FOB) - 2022
2. Price for Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in China (CIF) - 2024
3. Exports of Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in China
4. Imports of Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in China

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

The average export price for razors and razor blades; (including razor blade blanks in strips)s stood at $264 per thousand units in 2022, which is down by -36.7% against the previous year. Over the period under review, the export price showed a abrupt shrinkage. The pace of growth was the most pronounced in 2015 a decrease of -5.3%. The export price peaked at $2.1 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($369 per thousand units), while the average price for exports to Brazil ($180 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 Japan (-16.7%), while the prices for the other major destinations experienced a decline.

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

The average import price for razors and razor blades; (including razor blade blanks in strips)s stood at $73.6 per thousand units in April 2024, jumping by 35% against the previous month. Over the last eleven months, it increased at an average monthly rate of +3.4%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In April 2024, the country with the highest price was Germany ($173 per thousand units), while the price for Pakistan ($33.0 per thousand units) was amongst the lowest.

From May 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Pakistan (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

For the fourth consecutive year, China recorded growth in overseas shipments of razors and razor blades; (including razor blade blanks in strips)s, which increased by 88% to 2.2B units in 2022. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of razors and razor blades; (including razor blade blanks in strips)s surged to $576M in 2022. The total export value increased at an average annual rate of +10.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. United States (449.7M units)
2. Mexico (176.0M units)
3. Japan (160.3M units)
4. Poland (116.2M units)
5. Czech Republic (100.6M units)
6. Netherlands (81.9M units)
7. Vietnam (80.2M units)
8. Australia (53.1M units)
9. Russia (52.9M units)
10. Indonesia (50.6M units)
11. United Arab Emirates (43.2M units)
12. Brazil (42.0M units)
13. Germany (39.5M units)

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

In 2022, approx. 928M units of razors and razor blades; (including razor blade blanks in strips)s were imported into China; reducing by -9% on the previous year. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +5.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +37.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year. As a result, imports attained the peak of 1B units, and then declined in the following year.

In value terms, imports of razors and razor blades; (including razor blade blanks in strips)s stood at $148M in 2022. The total import value increased at an average annual rate of +6.7% 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 2021 when imports increased by 24%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

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

1. Vietnam (376.0M units)
2. Germany (302.1M units)
3. Japan (112.9M units)
4. Greece (61.9M units)
5. United States (36.8M units)

Source: IndexBox Market Intelligence Platform