Asia: Safety Razor Blade Market 2024

Safety Razor Blade Market Size in Asia

The Asian safety razor blade market fell modestly to $X in 2022, shrinking by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Safety Razor Blade Production in Asia

In value terms, safety razor blade production contracted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

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Safety Razor Blade Exports

Exports in Asia

In 2022, approx. X units of safety razor blades were exported in Asia; increasing by X% compared with the previous year's figure. Overall, exports showed buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, safety razor blade exports fell to $X in 2022. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates represented the main exporting country with an export of around X units, which resulted at X% of total exports. China (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by India (X%), Vietnam (X%) and Turkey (X%). The following exporters - South Korea (X units) and Singapore (X units) - together made up X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), China ($X) and the United Arab Emirates ($X) constituted the countries with the highest levels of exports in 2022, together comprising X% of total exports.

Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Asia amounted to $X per unit, shrinking by X% against the previous year. In general, the export price recorded a pronounced reduction. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Korea ($X per unit), while the United Arab Emirates (less than $X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced mixed trends in the export price figures.

Safety Razor Blade Imports

Imports in Asia

In 2022, the amount of safety razor blades imported in Asia contracted to X units, with a decrease of X% against the previous year. Overall, imports saw a perceptible curtailment. The pace of growth was the most pronounced in 2021 when imports increased by X%. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, safety razor blade imports contracted to $X in 2022. Over the period under review, imports recorded a pronounced decline. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units), distantly followed by the United Arab Emirates (X units), Turkey (X units), Vietnam (X units) and India (X units) represented the main importers of safety razor blades, together generating X% of total imports. Thailand (X units), Japan (X units), Iraq (X units), Bangladesh (X units), Afghanistan (X units), Indonesia (X units), South Korea (X units) and Nepal (X units) held a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Bangladesh (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest safety razor blade importing markets in Asia were China ($X), the United Arab Emirates ($X) and Vietnam ($X), with a combined X% share of total imports.

Vietnam, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia stood at $X per unit in 2022, with a decrease of X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of X%. Over the period under review, import prices reached the maximum at $X per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Korea ($X per unit), while Afghanistan (less than $X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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