Australia: Razor Market 2025

Razor Market Size in Australia

After four years of decline, the Australian razor market increased by 5.6% to $X in 2021. Over the period under review, consumption, however, continues to indicate a abrupt slump. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Razor Production in Australia

In value terms, razor production expanded to $X in 2021 estimated in export price. Overall, production, however, recorded a abrupt curtailment. The pace of growth was the most pronounced in 2016 with an increase of 30% against the previous year. Razor production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Razor Exports

Exports from Australia

In 2021, overseas shipments of razors decreased by -6.2% to X tons, falling for the second year in a row after two years of growth. In general, exports, however, saw a temperate expansion. The most prominent rate of growth was recorded in 2019 with an increase of 77%. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, razor exports shrank modestly to $X in 2021. Overall, exports showed a abrupt setback. The pace of growth appeared the most rapid in 2018 when exports increased by 125%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

New Zealand (X tons) was the main destination for razor exports from Australia, accounting for a 85% share of total exports. Moreover, razor exports to New Zealand exceeded the volume sent to the second major destination, Papua New Guinea (X tons), more than tenfold. The third position in this ranking was held by Vietnam (X tons), with a 3.2% share.

From 2012 to 2021, the average annual growth rate of volume to New Zealand totaled +4.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (-2.6% per year) and Vietnam (-4.8% per year).

In value terms, New Zealand ($X) remains the key foreign market for razors exports from Australia, comprising 85% of total exports. The second position in the ranking was held by Papua New Guinea ($X), with a 4.4% share of total exports. It was followed by Vietnam, with a 3.2% share.

From 2012 to 2021, the average annual growth rate of value to New Zealand amounted to -6.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (-4.9% per year) and Vietnam (-3.4% per year).

Export Prices by Country

The average razor export price stood at $X per ton in 2021, growing by 1.5% against the previous year. Over the period under review, the export price, however, saw a deep slump. The growth pace was the most rapid in 2018 when the average export price increased by 44% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2021, the countries with the highest prices were Fiji ($X per ton) and the United States ($X per ton), while the average price for exports to Solomon Islands ($X per ton) and the UK ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+1.4%), while the prices for the other major destinations experienced a decline.

Razor Imports

Imports into Australia

Razor imports into Australia expanded significantly to X tons in 2021, with an increase of 12% compared with 2020. Overall, imports, however, continue to indicate a noticeable decrease. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, razor imports reached $X in 2021. Over the period under review, imports, however, continue to indicate a perceptible downturn. The pace of growth was the most pronounced in 2019 with an increase of 11% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Vietnam (X tons) and Greece (X tons) were the main suppliers of razor imports to Australia, together accounting for 65% of total imports.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +55.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest razor suppliers to Australia were China ($X), Vietnam ($X) and Greece ($X), with a combined 64% share of total imports.

In terms of the main suppliers, Vietnam, with a CAGR of +75.5%, recorded 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 2021, the average razor import price amounted to $X per ton, with a decrease of -2.9% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 20% against the previous year. The import price peaked at $X per ton in 2020, and then declined in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were the United States ($X per ton) and China ($X per ton), while the price for Germany ($X per ton) and Poland ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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