Philippines - Safety Razor Blades - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPhilippines: Safety Razor Blade Market 2024
Safety Razor Blade Market Size in the Philippines
The Philippine safety razor blade market declined significantly to $X in 2023, dropping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a abrupt decline. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2023, consumption failed to regain momentum.
Safety Razor Blade Exports
Exports from the Philippines
In 2023, overseas shipments of safety razor blades increased by X% to X units, rising for the second consecutive year after two years of decline. In general, exports recorded significant growth. The pace of growth appeared the most rapid in 2013 when exports increased by X%. The exports peaked at X units in 2015; however, from 2016 to 2023, the exports stood at a somewhat lower figure.
In value terms, safety razor blade exports amounted to $X in 2023. Overall, exports enjoyed a significant increase. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2023, the exports remained at a lower figure.
Exports by Country
Singapore (X units) was the main destination for safety razor blade exports from the Philippines, accounting for a approx. X% share of total exports.
From 2012 to 2023, the average annual growth rate of volume to Singapore amounted to X%.
In value terms, Singapore ($X) also remains the key foreign market for safety razor blades exports from the Philippines.
From 2012 to 2023, the average annual growth rate of value to Singapore stood at X%.
Export Prices by Country
In 2023, the average safety razor blade export price amounted to $X per unit, reducing by X% against the previous year. Overall, the export price, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2016; however, from 2017 to 2023, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Singapore.
From 2012 to 2023, the rate of growth in terms of prices for Japan amounted to X% per year.
Safety Razor Blade Imports
Imports into the Philippines
In 2023, approx. X units of safety razor blades were imported into the Philippines; with a decrease of X% compared with the year before. In general, imports continue to indicate a abrupt descent. The growth pace was the most rapid in 2014 when imports increased by X%. Imports peaked at X units in 2017; however, from 2018 to 2023, imports remained at a lower figure.
In value terms, safety razor blade imports fell sharply to $X in 2023. Over the period under review, imports, however, posted strong growth. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Imports peaked at $X in 2017; however, from 2018 to 2023, imports stood at a somewhat lower figure.
Imports by Country
Vietnam (X units), India (X units) and Germany (X units) were the main suppliers of safety razor blade imports to the Philippines, with a combined X% share of total imports.
From 2012 to 2023, the biggest increases were recorded for Germany (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Vietnam ($X), India ($X) and Germany ($X) appeared to be the largest safety razor blade suppliers to the Philippines, with a combined X% share of total imports.
Germany, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average safety razor blade import price stood at $X per unit in 2023, increasing by X% against the previous year. Over the period under review, the import price showed a significant expansion. The growth pace was the most rapid in 2015 when the average import price increased by X% against the previous year. The import price peaked in 2023 and is likely to see steady growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the countries with the highest prices were Vietnam ($X per unit) and India ($X per unit), while the price for Singapore ($X per unit) and China ($X per unit) were amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the safety razor blade market in the Philippines. 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 25711280 - Safety razor blades (including razor blades blanks in strips)
Country coverage:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- 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
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