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

Contents:

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

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

In 2022, the average import price for razors and razor blades; (including razor blade blanks in strips)s amounted to $192 per thousand units, falling by -8.1% against the previous year. Overall, the import price continues to indicate a deep setback. The growth pace was the most rapid in 2016 when the average import price increased by 10% against the previous year. The import price peaked at $449 per thousand units in 2012; however, from 2013 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 Mexico ($1 per unit), while the price for Brazil ($84 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for razors and razor blades; (including razor blade blanks in strips)s stood at $590 per thousand units in 2022, reducing by -26.2% against the previous year. Over the period under review, the export price recorded a abrupt descent. The most prominent rate of growth was recorded in 2016 when the average export price increased by 61% against the previous year. The export price peaked at $3.8 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Mexico ($590 per thousand units) and Colombia ($590 per thousand units), while the average price for exports to Peru ($590 per thousand units) and Panama ($590 per thousand units) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (-2.5%), while the prices for the other major destinations experienced a decline.

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

For the third year in a row, Ecuador recorded decline in overseas purchases of razors and razor blades; (including razor blade blanks in strips)s, which decreased by -7% to 27M units in 2022. Overall, imports saw a abrupt slump. The smallest decline of -4.6% was in 2020. Over the period under review, imports of reached the peak figure at 32M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of razors and razor blades; (including razor blade blanks in strips)s fell to $5.1M in 2022. In general, imports saw a abrupt slump. The smallest decline of -13.6% was in 2021. Imports peaked at $8.9M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in Ecuador (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico4.73.52.32.1-23.6%
Brazil2.62.12.51.9-9.9%
Greece0.20.20.30.20.0%
SerbiaN/A0.2N/AN/A0%
Others1.40.91.00.9-13.7%
Total8.97.06.05.1-16.9%

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

  1. Brazil (22.7M units)
  2. Mexico (2.0M units)
  3. Greece (1.2M units)

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

In 2022, the amount of razors and razor blades; (including razor blade blanks in strips)s exported from Ecuador skyrocketed to 54K units, picking up by 94% against 2021 figures. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 212% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of razors and razor blades; (including razor blade blanks in strips)s soared to $32K in 2022. Over the period under review, exports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 76%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.

Export of Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia2.82.210.716.580.6%
Mexico9.36.82.49.61.1%
Panama4.51.8N/A4.71.5%
Peru0.50.50.20.921.6%
Venezuela3.6N/AN/AN/A0%
ArgentinaN/AN/A4.4N/A0%
UruguayN/AN/A4.4N/A0%
OthersN/A1.30.2N/A-84.6%
Total20.812.622.231.815.2%

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

  1. Colombia (28.0K units)
  2. Mexico (16.3K units)
  3. Panama (8.0K units)
  4. Peru (1.5K units)

Source: IndexBox Market Intelligence Platform

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