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

Contents:

1. Price for Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in Morocco (CIF) - 2023
2. Price for Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in Morocco (FOB) - 2022
3. Imports of Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in Morocco
4. Exports of Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in Morocco

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

In June 2023, the average import price for razors and razor blades; (including razor blade blanks in strips)s amounted to $1.4 per unit, dropping by -16.4% against the previous month. In general, the import price continues to indicate a slight curtailment. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 61% m-o-m. As a result, import price attained the peak level of $1.9 per unit. From May 2023 to June 2023, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In June 2023, the highest price was recorded for prices from Russia ($1.3 per unit) and Germany ($1.3 per unit), while the price for the United States ($904 per thousand units) and China ($912 per thousand units) were amongst the lowest.

From January 2023 to June 2023, the most notable rate of growth in terms of prices was attained by Poland (+0.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for razors and razor blades; (including razor blade blanks in strips)s amounted to $438 per thousand units, dropping by -21.1% against the previous year. In general, the export price continues to indicate a deep downturn. The growth pace was the most rapid in 2013 when the average export price increased by 33%. As a result, the export price attained the peak level of $5.1 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Mauritania ($695 per thousand units), while the average price for exports to Spain ($187 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 the United Arab Emirates (-15.7%), while the prices for the other major destinations experienced a decline.

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

Imports of razors and razor blades; (including razor blade blanks in strips)s into Morocco surged to 27M units in 2022, jumping by 37% against the previous year. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +16.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.8% against 2019 indices. 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 declined slightly to $19M in 2022. The total import value increased at an average annual rate of +2.8% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 11% against the previous year. Over the period under review, imports of attained the maximum at $20M in 2021, and then dropped modestly in the following year.

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

1. Poland (11.8M units)
2. Russia (4.8M units)
3. Egypt (2.8M units)
4. Greece (2.5M units)
5. France (2.3M units)
6. China (0.8M units)
7. Germany (0.7M units)

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

In 2022, after two years of decline, there was significant growth in overseas shipments of razors and razor blades; (including razor blade blanks in strips)s, when their volume increased by 4,163% to 169K units. Overall, exports, however, saw a sharp downturn. The exports peaked at 686K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of razors and razor blades; (including razor blade blanks in strips)s skyrocketed to $74K in 2022. Over the period under review, exports, however, recorded a dramatic shrinkage. The exports peaked at $388K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

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

1. United Arab Emirates (154.1K units)
2. Spain (10.3K units)
3. Senegal (2.9K units)
4. France (1.1K units)
5. Mauritania (0.2K units)

Source: IndexBox Market Intelligence Platform