South-Eastern Asia: Safety Razor Blade Market 2024

Safety Razor Blade Market Size in South-Eastern Asia

The Southeast Asian safety razor blade market shrank modestly to $X in 2022, waning by X% against the previous year. Over the period under review, consumption continues to indicate a pronounced descent. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Safety Razor Blade Production in South-Eastern Asia

In value terms, safety razor blade production dropped modestly to $X in 2022 estimated in export price. Over the period under review, production saw a noticeable curtailment. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Safety Razor Blade Exports

Exports in South-Eastern Asia

In 2022, shipments abroad of safety razor blades increased by X% to X units, rising for the seventh year in a row after two years of decline. In general, exports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, safety razor blade exports contracted to $X in 2022. Overall, exports showed a buoyant expansion. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The level of export peaked at $X in 2021, and then reduced slightly in the following year.

Exports by Country

In 2022, Vietnam (X units) represented the major exporter of safety razor blades, making up X% of total exports. It was distantly followed by Singapore (X units), creating a X% share of total exports.

Vietnam was also the fastest-growing in terms of the safety razor blades exports, with a CAGR of X% from 2012 to 2022. Singapore (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Vietnam increased by X percentage points.

In value terms, Vietnam ($X) remains the largest safety razor blade supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Singapore ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Vietnam totaled X%.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per unit in 2022, reducing by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per unit), while Vietnam stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%).

Safety Razor Blade Imports

Imports in South-Eastern Asia

In 2022, approx. X units of safety razor blades were imported in South-Eastern Asia; increasing by X% on the year before. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when imports increased by X%. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, safety razor blade imports dropped to $X in 2022. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Vietnam represented the largest importing country with an import of about X units, which amounted to X% of total imports. Thailand (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Indonesia (X%), Singapore (X%) and the Philippines (X%). Malaysia (X units) took a relatively small 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 Vietnam (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X) constitutes the largest market for imported safety razor blades in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was held by Singapore ($X), with a X% share of total imports. It was followed by Thailand, with a X% share.

In Vietnam, safety razor blade imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Singapore (X% per year) and Thailand (X% per year).

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per unit, which is down by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the import price increased by X%. The level of import peaked at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per unit), while the Philippines (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 Indonesia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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