Price for Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in Thailand - 2024

Contents:

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

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

In 2022, the average import price for razors and razor blades; (including razor blade blanks in strips)s amounted to $238 per thousand units, rising by 23% against the previous year. Over the period under review, the import price, however, saw a mild curtailment. The growth pace was the most rapid in 2021 an increase of 56%. The import price peaked at $273 per thousand units 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 Vietnam ($305 per thousand units), while the price for the United States ($73 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+1.5%), 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 Thailand (FOB) - 2022

In 2022, the average export price for razors and razor blades; (including razor blade blanks in strips)s amounted to $632 per thousand units, which is down by -12.9% against the previous year. In general, the export price, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2019 an increase of 117% against the previous year. The export price peaked at $726 per thousand units in 2021, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($1.6 per unit), while the average price for exports to Japan ($152 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 South Korea (+33.0%), 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 Thailand

In 2022, overseas purchases of razors and razor blades; (including razor blade blanks in strips)s decreased by -5.7% to 103M units, falling for the second year in a row after two years of growth. In general, imports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 36%. As a result, imports attained the peak of 183M units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of razors and razor blades; (including razor blade blanks in strips)s surged to $24M in 2022. The total import value increased at an average annual rate of +3.4% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports attained 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 Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam5.310.49.611.228.3%
China5.85.24.25.0-4.8%
Japan2.83.23.52.4-5.0%
Greece2.30.71.31.8-7.8%
IndiaN/AN/A0.11.11000.0%
United States1.10.80.71.10.0%
Germany0.70.70.80.98.7%
Mexico2.20.60.20.2-55.0%
Others2.01.00.80.8-26.3%
Total22.222.621.124.53.3%

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

  1. Vietnam (36.6M units)
  2. China (16.3M units)
  3. United States (15.5M units)
  4. Japan (7.9M units)
  5. India (7.1M units)
  6. Germany (7.0M units)
  7. Greece (6.0M units)
  8. Mexico (1.6M units)

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

Exports of razors and razor blades; (including razor blade blanks in strips)s from Thailand skyrocketed to 4.5M units in 2022, growing by 39% against 2021 figures. The total export volume increased at an average annual rate of +7.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable 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 soared to $2.9M in 2022. The total export value increased at an average annual rate of +14.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 34%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

Export of Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Philippines10413035452771.8%
China455335245345-8.8%
Malaysia36.4397610303102.7%
Singapore66.345080.625356.3%
Fiji0.224.1240184872.6%
Vietnam275417183149-18.5%
Cambodia62.728781.911622.8%
Japan60.935.628.334.5-17.3%
South Korea2571131.06.7-70.3%
Others58435053593817.1%
Total1,9012,5402,3582,85514.5%

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

  1. Philippines (1367.6K units)
  2. Malaysia (582.1K units)
  3. Vietnam (542.0K units)
  4. China (434.5K units)
  5. Singapore (419.7K units)
  6. Fiji (323.6K units)
  7. Japan (227.4K units)
  8. Cambodia (162.5K units)
  9. South Korea (4.1K units)

Source: IndexBox Market Intelligence Platform

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