Price for Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in Ghana - 2023

Contents:

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

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

In 2022, the average import price for razors and razor blades; (including razor blade blanks in strips)s amounted to $696 per thousand units, with a decrease of -16.1% against the previous year. In general, the import price showed a abrupt descent. The most prominent rate of growth was recorded in 2017 a decrease of -7.6%. Over the period under review, average import prices attained the maximum at $4.7 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Vietnam ($683 per thousand units) and Poland ($683 per thousand units), while the price for Turkey ($575 per thousand units) and South Korea ($683 per thousand units) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (-9.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for razors and razor blades; (including razor blade blanks in strips)s amounted to $15 per unit, with a decrease of -6.5% against the previous year. In general, the export price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2015 an increase of 103% against the previous year. As a result, the export price attained the peak level of $93 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was Senegal ($22 per unit), while the average price for exports to Nigeria ($9.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+9.0%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, overseas purchases of razors and razor blades; (including razor blade blanks in strips)s decreased by -20.9% to 2.7M units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw strong growth. Over the period under review, imports of hit record highs at 3.5M units in 2021, and then shrank markedly in the following year.

In value terms, imports of razors and razor blades; (including razor blade blanks in strips)s dropped significantly to $1.9M in 2022. In general, imports saw a noticeable descent. Over the period under review, imports of hit record highs at $2.9M in 2021, and then declined rapidly in the following year.

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

1. France (1337.3K units)
2. Egypt (663.2K units)
3. United Arab Emirates (253.5K units)
4. Poland (199.9K units)
5. Vietnam (110.0K units)
6. South Korea (89.6K units)
7. China (35.2K units)

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

Exports of razors and razor blades; (including razor blade blanks in strips)s from Ghana soared to 150 units in 2022, rising by 22% against the year before. Overall, exports saw 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 rose markedly to $2.2K in 2022. In general, exports enjoyed a significant expansion. 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 Ghana in 2022:

1. Cuba (101.0 units)
2. Nigeria (40.0 units)
3. Senegal (9.0 units)

Source: IndexBox Market Intelligence Platform