Malaysia - Razors - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRazor Price in Malaysia - 2021
Contents:
- Razor Price in Malaysia (CIF) - 2021
- Razor Price in Malaysia (FOB) - 2022
- Razor Imports in Malaysia
- Razor Exports in Malaysia
Razor Price in Malaysia (CIF) - 2021
The average razor import price stood at $726 per thousand units in December 2021, standing approximately at the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2021 when the average import price increased by 76% month-to-month. Over the period under review, average import prices attained the maximum at $726 per thousand units in July 2021; afterwards, it flattened through to December 2021.
Average prices varied noticeably amongst the major supplying countries. In December 2021, the countries with the highest prices were Vietnam ($478 per thousand units) and Mexico ($478 per thousand units), while the price for China ($478 per thousand units) and India ($478 per thousand units) were amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Vietnam (-0.0%), while the prices for the other major suppliers experienced a decline.
Razor Price in Malaysia (FOB) - 2022
The average razor export price stood at $0.5 per unit in 2022, rising by 44% against the previous year. Over the period under review, the export price recorded a strong expansion. The most prominent rate of growth was recorded in 2020 an increase of 46%. As a result, the export price attained the peak level of $0.6 per unit. From 2021 to 2022, the average export prices failed to regain momentum.
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 Brunei Darussalam ($0.8 per unit), while the average price for exports to Singapore ($0.2 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 South Korea (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.
Razor Imports in Malaysia
In 2022, approx. 45M units of razors were imported into Malaysia; jumping by 41% against the year before. Overall, total imports indicated notable growth from 2019 to 2022: its volume increased at an average annual rate of +4.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, razor imports skyrocketed to $14M in 2022. The total import value increased at an average annual rate of +6.3% 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 attained the peak and are likely to continue growth in the immediate term.
Import of Razor in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 3.2 | 4.9 | 5.2 | 7.3 | 31.6% |
China | 3.3 | 1.9 | 2.3 | 3.8 | 4.8% |
Mexico | 1.0 | 0.6 | 0.8 | 0.8 | -7.2% |
Poland | 2.0 | 0.4 | 0.2 | 0.7 | -29.5% |
India | 0.3 | 0.2 | 0.3 | 0.4 | 10.1% |
Greece | N/A | N/A | N/A | 0.3 | 0% |
Pakistan | N/A | N/A | N/A | 0.1 | 0% |
United Arab Emirates | 0.6 | 0.3 | 0.2 | 0.1 | -45.0% |
Japan | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
Others | 1.4 | 2.1 | 1.6 | 0.9 | -13.7% |
Total | 12.0 | 10.5 | 10.7 | 14.4 | 6.3% |
Top Suppliers of Razor to Malaysia in 2022:
- China (17.1M units)
- Vietnam (13.3M units)
- Mexico (4.0M units)
- Poland (2.9M units)
- India (1.4M units)
- Greece (1.2M units)
- Pakistan (0.9M units)
- Japan (0.7M units)
- United Arab Emirates (0.3M units)
Razor Exports in Malaysia
For the third consecutive year, Malaysia recorded decline in overseas shipments of razors, which decreased by -83.3% to 950K units in 2022. Overall, exports recorded a precipitous descent. The smallest decline of -21.9% was in 2021. Over the period under review, the exports attained the maximum at 24M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, razor exports fell dramatically to $464K in 2022. In general, exports continue to indicate a sharp descent. The smallest decline of -55.3% was in 2021. The exports peaked at $9.9M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Razor in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brunei Darussalam | 2,731 | 2,782 | 1,186 | 381 | -48.1% |
Singapore | 4,583 | 945 | 213 | 74.5 | -74.7% |
Russia | N/A | N/A | N/A | 5.9 | 0% |
Hong Kong SAR | 409 | 92.3 | N/A | N/A | -77.4% |
Vietnam | 85.4 | 73.7 | 242 | N/A | 68.3% |
United States | 1,177 | 372 | 135 | N/A | -66.1% |
Indonesia | 85.5 | 12.7 | 9.8 | N/A | -66.1% |
Philippines | N/A | N/A | 122 | N/A | 0% |
Others | 853 | 39.2 | 20.5 | 3.0 | -84.8% |
Total | 9,923 | 4,317 | 1,929 | 464 | -64.0% |
Top Export Markets for Razor from Malaysia in 2022:
- Brunei Darussalam (498.7K units)
- Singapore (425.7K units)
- Russia (17.0K units)
This report provides an in-depth analysis of the razor market in Malaysia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25711230 - Razors, parts thereof (excluding razor blades)
Country coverage:
- Malaysia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Malaysia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the razor market in Malaysia.
This report provides an in-depth analysis of the safety razor blade market in Malaysia.
This report provides an in-depth analysis of the global razor market.
This report provides an in-depth analysis of the global safety razor blade market.
This report provides an in-depth analysis of the razor market in Malaysia.
This report provides an in-depth analysis of the safety razor blade market in Malaysia.
This report provides an in-depth analysis of the global razor market.
This report provides an in-depth analysis of the global safety razor blade market.
Discover the top import markets for razors in 2023 and the key statistics for each country. Explore the demand for grooming products and the opportunities in the global razor market.
In value terms, razors and razor blades imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeab...
In value terms, razors and razor blades exports amounted to $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value increased at an average annual rate of +X>
Discover the top import markets for razors in 2023 and the key statistics for each country. Explore the demand for grooming products and the opportunities in the global razor market.
In value terms, razors and razor blades imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeab...
In value terms, razors and razor blades exports amounted to $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value increased at an average annual rate of +X>