Price for Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in Malaysia - 2024
Contents:
- Price for Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in Malaysia (CIF) - 2022
- Price for Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in Malaysia (FOB) - 2022
- Imports of Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in Malaysia
- Exports of Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in Malaysia
Price for Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in Malaysia (CIF) - 2022
In 2022, the average import price for razors and razor blades; (including razor blade blanks in strips)s amounted to $743 per thousand units, rising by 5.5% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 34% against the previous year. Over the period under review, average import prices hit record highs at $959 per thousand units in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1.9 per unit), while the price for Vietnam ($538 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+20.3%), 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 Malaysia (FOB) - 2022
The average export price for razors and razor blades; (including razor blade blanks in strips)s stood at $1 per unit in 2022, rising by 19% against the previous year. Overall, the export price saw a significant increase. The most prominent rate of growth was recorded in 2018 an increase of 60%. The export price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($1.5 per unit), while the average price for exports to Thailand ($861 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 Australia (+45.2%), 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 Malaysia
In 2022, approx. 23M units of razors and razor blades; (including razor blade blanks in strips)s were imported into Malaysia; growing by 30% against the year before. The total import volume increased at an average annual rate of +12.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of razors and razor blades; (including razor blade blanks in strips)s surged to $17M in 2022. The total import value increased at an average annual rate of +3.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 4.3 | 6.2 | 5.8 | 8.4 | 25.0% |
| China | 3.8 | 2.1 | 2.5 | 3.9 | 0.9% |
| Mexico | 1.1 | 0.6 | 0.8 | 0.8 | -10.1% |
| Poland | 2.2 | 0.5 | 0.3 | 0.8 | -28.6% |
| India | 0.6 | 0.3 | 0.4 | 0.7 | 5.3% |
| Hong Kong SAR | 0.4 | 1.5 | 0.9 | 0.4 | 0.0% |
| United Arab Emirates | 0.9 | 0.3 | 0.1 | 0.2 | -39.4% |
| Others | 2.4 | 1.7 | 1.6 | 1.9 | -7.5% |
| Total | 15.7 | 13.2 | 12.5 | 17.2 | 3.1% |
Top Suppliers of Razors and Razor Blades; (Including Razor Blade Blanks in Strips) to Malaysia in 2022:
- Vietnam (15.5M units)
- China (2.6M units)
- Mexico (1.5M units)
- India (0.9M units)
- Poland (0.7M units)
- Hong Kong SAR (0.6M units)
- United Arab Emirates (0.3M units)
Exports of Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in Malaysia
In 2022, the amount of razors and razor blades; (including razor blade blanks in strips)s exported from Malaysia contracted sharply to 599K units, with a decrease of -28.5% compared with 2021 figures. Over the period under review, exports showed a sharp decrease. The smallest decline of -25.3% was in 2020. The exports peaked at 2.2M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of razors and razor blades; (including razor blade blanks in strips)s contracted dramatically to $600K in 2022. Overall, exports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 1.7% against the previous year. As a result, the exports attained the peak of $1.3M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brunei Darussalam | 263 | 450 | 391 | 381 | 13.2% |
| Singapore | 677 | 343 | 128 | 139 | -41.0% |
| Thailand | 4.3 | 7.5 | N/A | 58.7 | 139.0% |
| Hong Kong SAR | 109 | 14.3 | N/A | N/A | -86.9% |
| Vietnam | 8.2 | 13.8 | 79.8 | N/A | 212.0% |
| United States | 113 | 57.8 | 44.7 | N/A | -37.1% |
| United Arab Emirates | 24.5 | 445 | N/A | N/A | 1716.3% |
| Others | 124 | 13.6 | 63.4 | 22.0 | -43.8% |
| Total | 1,323 | 1,345 | 707 | 600 | -23.2% |
Top Export Markets for Razors and Razor Blades; (Including Razor Blade Blanks in Strips) from Malaysia in 2022:
- Brunei Darussalam (431.5K units)
- Singapore (90.8K units)
- Thailand (68.2K units)
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