Singapore - Razors - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRazor Price in Singapore - 2022
Contents:
- Razor Price in Singapore (CIF) - 2022
- Razor Price in Singapore (FOB) - 2022
- Razor Imports in Singapore
- Razor Exports in Singapore
Razor Price in Singapore (CIF) - 2022
In 2022, the average razor import price amounted to $0.7 per unit, picking up by 13% against the previous year. In general, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, razor import price decreased by -3.2% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 36% against the previous year. Over the period under review, average import prices attained the maximum at $0.8 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($0.8 per unit), while the price for Greece ($0.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Razor Price in Singapore (FOB) - 2022
In 2022, the average razor export price amounted to $0.5 per unit, waning by -18.1% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 13% against the previous year. The export price peaked at $0.7 per unit in 2020; however, from 2021 to 2022, the export prices stood 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 the United States ($1.2 per unit), while the average price for exports to the United Arab Emirates ($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 the United States (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.
Razor Imports in Singapore
In 2022, approx. 34M units of razors were imported into Singapore; reducing by -24% on 2021 figures. Over the period under review, imports showed a perceptible reduction. The pace of growth was the most pronounced in 2021 when imports increased by 31%. As a result, imports reached the peak of 45M units, and then contracted significantly in the following year.
In value terms, razor imports contracted to $23M in 2022. The total import value increased at an average annual rate of +2.2% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 12% against the previous year. As a result, imports reached the peak of $27M, and then fell in the following year.
Import of Razor in Singapore (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 2.0 | 2.8 | 6.5 | 7.1 | 52.5% |
Poland | 7.6 | 11.1 | 11.2 | 6.9 | -3.2% |
China | 1.5 | 1.3 | 1.5 | 2.5 | 18.6% |
India | 0.6 | 0.9 | 0.7 | 1.2 | 26.0% |
Greece | 1.2 | 0.3 | 2.0 | 1.1 | -2.9% |
Russia | 0.1 | 1.2 | 1.0 | 0.9 | 108.0% |
Mexico | 3.2 | 1.6 | 0.8 | 0.6 | -42.8% |
United States | 1.1 | 1.1 | 0.9 | 0.6 | -18.3% |
Brazil | N/A | N/A | N/A | 0.3 | 0% |
Germany | 1.1 | 1.2 | 0.3 | 0.2 | -43.3% |
Others | 3.1 | 2.3 | 2.0 | 1.5 | -21.5% |
Total | 21.5 | 23.9 | 26.8 | 23.0 | 2.3% |
Top Suppliers of Razor to Singapore in 2022:
- Vietnam (10.2M units)
- Poland (8.2M units)
- Greece (4.9M units)
- China (3.9M units)
- India (1.6M units)
- Russia (1.1M units)
- United States (0.7M units)
- Brazil (0.5M units)
- Mexico (0.5M units)
- Germany (0.3M units)
Razor Exports in Singapore
For the fourth year in a row, Singapore recorded growth in overseas shipments of razors, which increased by 9.6% to 45M units in 2022. In general, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.4% 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 +74.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 30%. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, razor exports fell to $23M in 2022. The total export value increased at an average annual rate of +7.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 24% against the previous year. Over the period under review, the exports hit record highs at $25M in 2021, and then dropped in the following year.
Export of Razor in Singapore (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 6.4 | 10.7 | 12.3 | 9.9 | 15.7% |
United Arab Emirates | N/A | N/A | N/A | 4.1 | 0% |
Malaysia | 2.5 | 2.2 | 2.6 | 2.6 | 1.3% |
Sri Lanka | 1.1 | 1.8 | 2.0 | 1.6 | 13.3% |
Thailand | 0.2 | 0.8 | 1.2 | 0.8 | 58.7% |
Hong Kong SAR | 0.4 | 1.8 | 1.5 | 0.8 | 26.0% |
Indonesia | 1.8 | 0.6 | 0.6 | 0.6 | -30.7% |
Netherlands | 1.3 | 0.8 | 1.1 | 0.3 | -38.7% |
Others | 4.5 | 3.9 | 3.8 | 1.9 | -25.0% |
Total | 18.2 | 22.5 | 25.2 | 22.6 | 7.5% |
Top Export Markets for Razor from Singapore in 2022:
- United Arab Emirates (18.5M units)
- United States (8.0M units)
- Malaysia (7.9M units)
- Sri Lanka (2.4M units)
- Thailand (1.9M units)
- Indonesia (1.3M units)
- Hong Kong SAR (1.2M units)
- Netherlands (0.5M units)
This report provides an in-depth analysis of the razor market in Singapore. 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:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- 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
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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 Singapore.
This report provides an in-depth analysis of the safety razor blade market in Singapore.
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 Singapore.
This report provides an in-depth analysis of the safety razor blade market in Singapore.
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.
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>
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>