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

Contents:

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

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

In 2022, the average import price for razors and razor blades; (including razor blade blanks in strips)s amounted to $642 per thousand units, with a decrease of -22.3% against the previous year. Overall, the import price saw a deep contraction. The pace of growth was the most pronounced in 2018 when the average import price increased by 2.9%. Over the period under review, average import prices attained the peak figure at $2.3 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 Greece ($6.2 per unit), while the price for France ($231 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+11.1%), 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 the Dominican Republic (FOB) - 2022

In 2022, the average export price for razors and razor blades; (including razor blade blanks in strips)s amounted to $1.9 per unit, shrinking by -11.9% against the previous year. Overall, the export price, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2018 an increase of 157%. As a result, the export price reached the peak level of $2.9 per unit. From 2019 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 Panama ($8.5 per unit), while the average price for exports to Jamaica ($1.1 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 Panama (+13.9%), 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 the Dominican Republic

Imports of razors and razor blades; (including razor blade blanks in strips)s into the Dominican Republic soared to 24M units in 2022, growing by 26% against the previous year. Overall, imports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 67% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of razors and razor blades; (including razor blade blanks in strips)s fell slightly to $15M in 2022. In general, imports, however, saw a perceptible decline. The growth pace was the most rapid in 2021 with an increase of 26% against the previous year. Over the period under review, imports of reached the maximum at $17M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

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

1. France (20.2M units)
2. Mexico (2.1M units)
3. Greece (0.4M units)
4. Guatemala (0.4M units)
5. United States (0.2M units)

Exports of Razors and Razor Blades; (Including Razor Blade Blanks in Strips) in the Dominican Republic

In 2022, overseas shipments of razors and razor blades; (including razor blade blanks in strips)s decreased by -25% to 179K units, falling for the second consecutive year after two years of growth. In general, total exports indicated a noticeable expansion from 2019 to 2022: its volume increased at an average annual rate of +2.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -39.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 79% against the previous year. As a result, the exports reached the peak of 297K 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 contracted rapidly to $338K in 2022. Over the period under review, exports, however, saw a prominent expansion. The pace of growth was the most pronounced in 2020 when exports increased by 128% against the previous year. As a result, the exports attained the peak of $650K. 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 the Dominican Republic in 2022:

1. United States (148.4K units)
2. Jamaica (21.8K units)
3. Haiti (5.5K units)
4. Panama (2.7K units)

Source: IndexBox Market Intelligence Platform