Report Update: Apr 1, 2024

U.S. - Razors - Market Analysis, Forecast, Size, Trends And Insights

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Razor Price in the United States - 2023

Razor Price in the United States (CIF) - 2023

The average razor import price stood at $307 per thousand units in September 2023, shrinking by -21.7% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 an increase of 16% m-o-m. Over the period under review, average import prices reached the maximum at $392 per thousand units in August 2023, and then dropped notably in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Poland ($636 per thousand units), while the price for Egypt ($45.0 per thousand units) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Razor Price in the United States (FOB) - 2022

In 2022, the average razor export price amounted to $0.3 per unit, waning by -23.8% against the previous year. Over the period under review, the export price, however, enjoyed a moderate expansion. The most prominent rate of growth was recorded in 2019 an increase of 50%. Over the period under review, the average export prices attained the peak figure at $0.5 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

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 Canada ($2.8 per unit), while the average price for exports to Mexico ($0.1 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 Canada (+28.2%), while the prices for the other major destinations experienced mixed trend patterns.

Razor Imports in the United States

Razor imports into the United States reduced modestly to 1.5B units in 2022, approximately equating the previous year. Over the period under review, imports showed a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 1.3% against the previous year. Over the period under review, imports hit record highs at 2B units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, razor imports contracted slightly to $506M in 2022. The total import value increased at an average annual rate of +3.1% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 26%. As a result, imports attained the peak of $512M, and then dropped modestly in the following year.

Import of Razor in the United States (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Mexico	166	146	226	207	7.6%
Greece	121	95.1	109	98.2	-6.7%
China	48.7	39.8	47.7	56.4	5.0%
Germany	36.7	32.2	41.2	35.2	-1.4%
Vietnam	15.2	13.4	18.7	22.3	13.6%
France	10.5	8.6	8.3	4.5	-24.6%
Egypt	1.9	2.0	2.5	2.1	3.4%
Others	62.1	70.9	58.6	80.6	9.1%
Total	462	408	512	506	3.1%

Top Suppliers of Razor to the United States in 2022:

Mexico (615.8M units)
Greece (292.9M units)
China (212.9M units)
Germany (95.2M units)
France (60.3M units)
Egypt (53.7M units)
Vietnam (50.2M units)

Razor Exports in the United States

For the fourth consecutive year, the United States recorded growth in overseas shipments of razors, which increased by 33% to 392M units in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +12.6% 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 +42.9% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, razor exports stood at $125M in 2022. In general, exports, however, recorded a noticeable contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 2.1% against the previous year. As a result, the exports reached the peak of $140M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Razor in the United States (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Canada	76.6	95.5	82.2	87.8	4.7%
Mexico	24.1	22.3	28.6	22.4	-2.4%
Czech Republic	17.3	9.8	4.0	3.0	-44.2%
Others	18.9	12.3	9.1	12.2	-13.6%
Total	137	140	124	125	-3.0%

Top Export Markets for Razor from the United States in 2022:

Mexico (344.8M units)
Canada (31.9M units)
Czech Republic (3.0M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the razor market in the U.S.. 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:

United States

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the U.S.
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023