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

Contents:

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

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

The average import price for razors and razor blades; (including razor blade blanks in strips)s stood at $3.9 per unit in 2022, with an increase of 60% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $4.7 per unit in 2013; however, from 2014 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 Poland ($35 per unit), while the price for Belgium ($311 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+24.2%), 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 Tanzania (FOB) - 2022

In 2022, the average export price for razors and razor blades; (including razor blade blanks in strips)s amounted to $5.7 per unit, increasing by 23% against the previous year. In general, the export price, however, recorded a deep slump. The most prominent rate of growth was recorded in 2016 an increase of 42% against the previous year. As a result, the export price attained the peak level of $19 per unit. From 2017 to 2022, the average export prices failed to regain momentum.

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 Democratic Republic of the Congo ($16 per unit), while the average price for exports to the UK ($1 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 Burundi (-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 Tanzania

In 2022, the amount of razors and razor blades; (including razor blade blanks in strips)s imported into Tanzania reduced markedly to 578K units, shrinking by -31.6% against the previous year. Over the period under review, imports, however, continue to indicate a temperate expansion. The pace of growth appeared the most rapid in 2021 with an increase of 193%. As a result, imports attained the peak of 845K units, and then dropped rapidly in the following year.

In value terms, imports of razors and razor blades; (including razor blade blanks in strips)s rose sharply to $2.2M in 2022. Overall, imports, however, saw a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of 119% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. India (145.9K units)
2. South Korea (136.5K units)
3. Belgium (78.4K units)
4. United Arab Emirates (46.5K units)
5. Kenya (44.9K units)
6. Pakistan (33.8K units)
7. China (33.4K units)
8. Hong Kong SAR (12.3K units)
9. Singapore (1.1K units)

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

In 2022, shipments abroad of razors and razor blades; (including razor blade blanks in strips)s decreased by -79.6% to 55 units, falling for the second year in a row after two years of growth. In general, exports saw a significant decrease. The pace of growth was the most pronounced in 2020 when exports increased by 211% against the previous year. As a result, the exports reached the peak of 738 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of razors and razor blades; (including razor blade blanks in strips)s reduced remarkably to $311 in 2022. Over the period under review, exports recorded a dramatic contraction. The most prominent rate of growth was recorded in 2020 with an increase of 98% against the previous year. As a result, the exports attained the peak of $2.9K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

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

1. United Arab Emirates (38.0 units)
2. Democratic Republic of the Congo (4.0 units)
3. Zambia (2.0 units)
4. Rwanda (2.0 units)
5. South Africa (1.0 units)
6. Comoros (1.0 units)
7. France (1.0 units)
8. United Kingdom (1.0 units)
9. Zimbabwe (1.0 units)
10. Uganda (1.0 units)
11. Burundi (1.0 units)
12. Kenya (1.0 units)
13. Malawi (1.0 units)

Source: IndexBox Market Intelligence Platform