Turkey: Safety Razor Blade Market 2024

Safety Razor Blade Market Size in Turkey

The Turkish safety razor blade market reduced markedly to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption continues to indicate a abrupt shrinkage. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Safety Razor Blade Production in Turkey

In value terms, safety razor blade production declined modestly to $X in 2022 estimated in export price. In general, production continues to indicate a slight reduction. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

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Safety Razor Blade Exports

Exports from Turkey

In 2022, the amount of safety razor blades exported from Turkey rose sharply to X units, with an increase of X% compared with 2021 figures. Overall, exports saw a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, safety razor blade exports stood at $X in 2022. In general, exports posted a prominent expansion. The most prominent rate of growth was recorded in 2020 when exports increased by X%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Iraq (X units), Russia (X units) and Uzbekistan (X units) were the main destinations of safety razor blade exports from Turkey, together accounting for X% of total exports.

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

In value terms, Iraq ($X), Russia ($X) and the United States ($X) appeared to be the largest markets for safety razor blade exported from Turkey worldwide, with a combined X% share of total exports.

Russia, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average safety razor blade export price amounted to $X per unit, falling by X% against the previous year. Overall, the export price recorded a deep slump. The pace of growth was the most pronounced in 2017 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Kazakhstan (less than $X 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 Netherlands (X%), while the prices for the other major destinations experienced mixed trend patterns.

Safety Razor Blade Imports

Imports into Turkey

In 2022, purchases abroad of safety razor blades decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. Imports peaked at X units in 2021, and then shrank rapidly in the following year.

In value terms, safety razor blade imports shrank significantly to $X in 2022. Overall, total imports indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then reduced rapidly in the following year.

Imports by Country

Vietnam (X units), Russia (X units) and Poland (X units) were the main suppliers of safety razor blade imports to Turkey, with a combined X% share of total imports.

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

In value terms, Germany ($X), Poland ($X) and Russia ($X) were the largest safety razor blade suppliers to Turkey, together comprising X% of total imports. Vietnam, Greece, China and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

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

Import Prices by Country

In 2022, the average safety razor blade import price amounted to $X per unit, which is down by X% against the previous year. In general, the import price saw a abrupt downturn. The growth pace was the most rapid in 2019 an increase of X% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Vietnam (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 the United Arab Emirates (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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