Price for Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in Panama - 2023
Contents:
- Price for Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in Panama (CIF) - 2023
- Price for Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in Panama (FOB) - 2022
- Imports of Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in Panama
- Exports of Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in Panama
Price for Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in Panama (CIF) - 2023
The average import price for razors and razor blades; (including razor blade blanks in strips)s stood at $1.1 per unit in October 2023, reducing by -20.1% against the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 an increase of 23% against the previous month. As a result, import price attained the peak level of $1.3 per unit, and then fell remarkably in the following month.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was the United States ($1.0 per unit), while the price for Mexico stood at $990 per thousand units.
From May 2023 to October 2023, the most notable rate of growth in terms of prices was attained by China (+8.9%), 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 Panama (FOB) - 2022
The average export price for razors and razor blades; (including razor blade blanks in strips)s stood at $1.3 per unit in 2020, declining by -31.5% 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 2013 when the average export price increased by 37% against the previous year. As a result, the export price attained the peak level of $5.2 per unit. From 2014 to 2020, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cuba ($3.1 per unit), while the average price for exports to Peru ($892 per thousand units) was amongst the lowest.
From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Cuba (-2.6%), while the prices for the other major destinations experienced a decline.
Imports of Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in Panama
In 2022, imports of razors and razor blades; (including razor blade blanks in strips)s into Panama rose significantly to 15M units, surging by 5.7% on 2021. Overall, imports, however, saw a mild slump. Over the period under review, imports of hit record highs at 15M 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 declined to $10M in 2022. In general, imports, however, showed a deep downturn. Imports peaked at $16M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in Panama (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 8.6 | 7.1 | 8.7 | 8.3 | -1.2% |
| France | 0.9 | 0.4 | 0.5 | 0.6 | -12.6% |
| Free Zones | 0.3 | 0.3 | 0.3 | 0.5 | 18.6% |
| United States | 1.6 | 1.2 | 0.4 | 0.3 | -42.8% |
| China | 1.3 | 0.7 | 0.2 | 0.3 | -38.7% |
| Greece | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| India | 0.3 | 0.1 | 0.3 | 0.1 | -30.7% |
| Vietnam | 2.1 | 1.8 | N/A | N/A | -14.3% |
| Others | 1.0 | 1.4 | 0.4 | 0.1 | -53.6% |
| Total | 16.4 | 13.1 | 11.0 | 10.3 | -14.4% |
Top Suppliers of Razors and Razor Blades; (Including Razor Blade Blanks in Strips) to Panama in 2022:
- Mexico (12.0M units)
- France (0.8M units)
- Free Zones (0.7M units)
- United States (0.5M units)
- China (0.4M units)
- Greece (0.3M units)
- India (0.1M units)
Exports of Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in Panama
In 2020, exports of razors and razor blades; (including razor blade blanks in strips)s from Panama expanded remarkably to 3M units, increasing by 6.1% compared with the previous year's figure. The total export volume increased at an average annual rate of +6.1% over the period from 2019 to 2020; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. 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 dropped sharply to $3.9M in 2020. Over the period under review, exports, however, recorded a precipitous shrinkage. Over the period under review, the exports of attained the peak figure at $5.3M in 2019, and then reduced rapidly in the following year.
| Export of Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in Panama (Thousand USD) | |||
|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 |
| Colombia | 2,529 | 1,564 | -38.2% |
| Venezuela | 818 | 813 | -0.6% |
| Nicaragua | 432 | 260 | -39.8% |
| Haiti | 32.2 | 260 | 707.5% |
| Costa Rica | 82.1 | 161 | 96.1% |
| Cuba | 234 | 118 | -49.6% |
| Honduras | 43.8 | 107 | 144.3% |
| United States | 392 | 95.6 | -75.6% |
| Guatemala | 301 | 41.7 | -86.1% |
| Others | 436 | 429 | -1.6% |
| Total | 5,299 | 3,850 | -27.3% |
Top Export Markets for Razors and Razor Blades; (Including Razor Blade Blanks in Strips) from Panama in 2022:
- Colombia (1307.5K units)
- Venezuela (680.1K units)
- Haiti (217.5K units)
- Nicaragua (217.1K units)
- Costa Rica (135.0K units)
- Honduras (89.6K units)
- United States (79.9K units)
- Cuba (38.0K units)
- Guatemala (34.9K units)
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