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

Contents:

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

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

The average import price for razors and razor blades; (including razor blade blanks in strips)s stood at $132 per thousand units in 2022, picking up by 53% against the previous year. Over the period under review, the import price, however, saw a precipitous slump. Over the period under review, average import prices reached the maximum at $8.1 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($379 per thousand units), while the price for France ($55 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (-12.8%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for razors and razor blades; (including razor blade blanks in strips)s amounted to $418 per thousand units, growing by 40% against the previous year. In general, the export price, however, saw a abrupt curtailment. The export price peaked at $2.2 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Maldives ($1.1 per unit), while the average price for exports to Singapore ($96 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 India (+12.1%), 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 Sri Lanka

After three years of growth, supplies from abroad of razors and razor blades; (including razor blade blanks in strips)s decreased by -41.2% to 53M units in 2022. Over the period under review, imports, however, recorded significant growth. The growth pace was the most rapid in 2020 when imports increased by 153%. Imports peaked at 89M units in 2021, and then dropped markedly in the following year.

In value terms, imports of razors and razor blades; (including razor blade blanks in strips)s dropped to $7M in 2022. The total import value increased at an average annual rate of +10.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 31%. Over the period under review, imports of attained the maximum at $7.7M in 2021, and then declined in the following year.

Import of Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece1,5872,8373,9423,24526.9%
India4871,00891582819.4%
Czech Republic21168954134317.6%
France207262301190-2.8%
China18.230.113.8160106.4%
Others2,6331,8952,0272,187-6.0%
Total5,1436,7217,7406,95310.6%

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

  1. Greece (40.1M units)
  2. France (3.5M units)
  3. Czech Republic (3.2M units)
  4. India (2.2M units)
  5. China (0.9M units)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of razors and razor blades; (including razor blade blanks in strips)s, when their volume decreased by -49.3% to 5M units. In general, exports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 72% against the previous year. As a result, the exports reached the peak of 9.9M units, and then shrank remarkably in the following year.

In value terms, exports of razors and razor blades; (including razor blade blanks in strips)s plummeted to $2.1M in 2022. Over the period under review, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 1.3%. The exports peaked at $3.3M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India5011,12263999425.7%
Netherlands1,052565314485-22.7%
Singapore695801943180-36.3%
Hong Kong SAR4189.742.3112-35.5%
Maldives17.940.519611083.2%
Malaysia39017633.7100-36.5%
United Arab Emirates6.812719794.4140.3%
ChileN/AN/A161N/A0%
Others18791.144627.9-47.0%
Total3,2682,9332,9712,103-13.7%

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

  1. Singapore (1874.1K units)
  2. India (1823.9K units)
  3. Netherlands (456.8K units)
  4. United Arab Emirates (433.8K units)
  5. Hong Kong SAR (159.4K units)
  6. Malaysia (157.5K units)
  7. Maldives (101.6K units)

Source: IndexBox Market Intelligence Platform

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