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

Contents:

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

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

The average import price for razors and razor blades; (including razor blade blanks in strips)s stood at $227 per thousand units in 2022, dropping by -33.3% against the previous year. Over the period under review, the import price saw a precipitous slump. The pace of growth was the most pronounced in 2017 when the average import price increased by 62%. Over the period under review, average import prices hit record highs at $3.9 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($415 per thousand units), while the price for Belgium ($203 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 (-19.7%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for razors and razor blades; (including razor blade blanks in strips)s amounted to $68 per thousand units, which is down by -25.8% against the previous year. Over the period under review, the export price faced a deep slump. The most prominent rate of growth was recorded in 2016 an increase of 172%. Over the period under review, the average export prices hit record highs at $751 per thousand units in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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 Canada ($319 per thousand units), while the average price for exports to France stood at $4.5 per thousand units.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (-3.3%).

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

In 2022, imports of razors and razor blades; (including razor blade blanks in strips)s into Ethiopia skyrocketed to 8.8M units, rising by 20% compared with 2021 figures. Overall, imports showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 38% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of razors and razor blades; (including razor blade blanks in strips)s shrank remarkably to $2M in 2022. In general, imports, however, saw a abrupt contraction. The smallest decline of -1.3% was in 2021. Imports peaked at $3.5M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

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

1. India (4.8M units)
2. China (0.9M units)
3. Bangladesh (0.7M units)
4. Vietnam (0.7M units)
5. Poland (0.6M units)
6. Pakistan (0.4M units)
7. Egypt (0.1M units)

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

For the fourth year in a row, Ethiopia recorded growth in shipments abroad of razors and razor blades; (including razor blade blanks in strips)s, which increased by 34% to 9.1K units in 2022. In general, exports posted significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 115%. 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 reduced slightly to $624 in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The smallest decline of -0.5% was in 2020. Over the period under review, the exports of hit record highs at $636 in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

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

1. France (8.9K units)
2. Canada (0.1K units)

Source: IndexBox Market Intelligence Platform