Australia and Oceania: Safety Razor Blade Market 2024

Safety Razor Blade Market Size in Australia and Oceania

In 2021, the safety razor blade market in Australia and Oceania increased by 18% to $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +3.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Safety Razor Blade Production in Australia and Oceania

In value terms, safety razor blade production reduced to $X in 2021 estimated in export price. In general, production, however, saw a abrupt curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 21% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Safety Razor Blade Exports

Exports in Australia and Oceania

In 2021, overseas shipments of safety razor blades decreased by -6.1% to X units, falling for the second year in a row after six years of growth. In general, exports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2015 with an increase of 94%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, safety razor blade exports dropped slightly to $X in 2021. Over the period under review, exports, however, showed a modest expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 152% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Australia was the main exporting country with an export of around X units, which reached 69% of total exports. It was distantly followed by Fiji (X units), mixing up a 31% share of total exports.

Exports from Australia decreased at an average annual rate of -13.4% from 2012 to 2021. At the same time, Fiji (+38.0%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +38.0% from 2012-2021. From 2012 to 2021, the share of Fiji increased by +30 percentage points.

In value terms, Australia ($X) remains the largest safety razor blade supplier in Australia and Oceania, comprising 69% of total exports. The second position in the ranking was taken by Fiji ($X), with a 31% share of total exports.

In Australia, safety razor blade exports contracted by an average annual rate of -1.8% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per unit, growing by 3.3% against the previous year. In general, the export price showed a strong expansion. The pace of growth appeared the most rapid in 2013 when the export price increased by 94%. The level of export peaked in 2021 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Australia ($X per unit), while Fiji amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+13.4%).

Safety Razor Blade Imports

Imports in Australia and Oceania

In 2021, overseas purchases of safety razor blades increased by 15% to X units for the first time since 2018, thus ending a two-year declining trend. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 33% against the previous year. The volume of import peaked at X units in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, safety razor blade imports expanded rapidly to $X in 2021. Total imports indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when imports increased by 36% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Australia (X units) was the main importer of safety razor blades, making up 63% of total imports. New Zealand (X units) held the second position in the ranking, distantly followed by Fiji (X units) and New Caledonia (X units). All these countries together took approx. 36% share of total imports. Papua New Guinea (X units) followed a long way behind the leaders.

Imports into Australia decreased at an average annual rate of -4.3% from 2012 to 2021. At the same time, Papua New Guinea (+25.3%), Fiji (+17.4%), New Zealand (+12.7%) and New Caledonia (+3.3%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +25.3% from 2012-2021. While the share of New Zealand (+17 p.p.) and Fiji (+4.5 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Australia (-24.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported safety razor blades in Australia and Oceania, comprising 71% of total imports. The second position in the ranking was held by New Zealand ($X), with a 21% share of total imports. It was followed by Fiji, with a 4.8% share.

From 2012 to 2021, the average annual growth rate of value in Australia totaled +5.5%. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (+0.2% per year) and Fiji (+13.6% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2021, remaining stable against the previous year. Import price indicated prominent growth from 2012 to 2021: its price increased at an average annual rate of +5.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, safety razor blade import price increased by +95.6% against 2016 indices. The most prominent rate of growth was recorded in 2017 when the import price increased by 69% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2020, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per unit), while New Caledonia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+10.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :