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

Contents:

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

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

The average import price for razors and razor blades; (including razor blade blanks in strips)s stood at $2.2 per unit in 2022, growing by 5.3% against the previous year. Overall, the import price, however, continues to indicate a deep downturn. The pace of growth was the most pronounced in 2018 an increase of 74%. The import price peaked at $10 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 the United States ($4.3 per unit), while the price for Mexico ($1.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (-15.6%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for razors and razor blades; (including razor blade blanks in strips)s amounted to $895 per thousand units, dropping by -17.8% against the previous year. Over the period under review, the export price showed a abrupt decline. The pace of growth appeared the most rapid in 2013 an increase of 64%. As a result, the export price attained the peak level of $6.4 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($2.8 per unit), while the average price for exports to South Korea amounted to $883 per thousand units.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lebanon (+33.3%), 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 Venezuela

In 2022, the amount of razors and razor blades; (including razor blade blanks in strips)s imported into Venezuela surged to 3.9M units, picking up by 41% on the previous year's figure. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +15.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.6% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of razors and razor blades; (including razor blade blanks in strips)s surged to $8.5M in 2022. The total import value increased at an average annual rate of +9.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. China (2562.0K units)
2. Vietnam (1000.0K units)
3. Mexico (242.9K units)

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

In 2022, exports of razors and razor blades; (including razor blade blanks in strips)s from Venezuela skyrocketed to 77K units, rising by 27% against 2021. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +12.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.7% against 2020 indices. As a result, the exports reached 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 stood at $69K in 2022. The total export value increased at an average annual rate of +4.3% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 4.3%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

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

1. South Korea (76.7K units)
2. Spain (0.4K units)

Source: IndexBox Market Intelligence Platform