Belgium: Razor Market 2025

Razor Market Size in Belgium

The Belgian razor market soared to $X in 2021, growing by 121% against the previous year. Overall, consumption, however, showed a mild decline. Razor consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Razor Production in Belgium

In value terms, razor production soared to $X in 2021 estimated in export price. Overall, production, however, showed a abrupt contraction. Razor production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Razor Exports

Exports from Belgium

For the third year in a row, Belgium recorded growth in shipments abroad of razors, which increased by 55% to X tons in 2021. Overall, exports posted a moderate expansion. The pace of growth was the most pronounced in 2020 when exports increased by 283% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, razor exports expanded sharply to $X in 2021. Over the period under review, exports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 241% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X tons) was the main destination for razor exports from Belgium, accounting for a 59% share of total exports. Moreover, razor exports to the Netherlands exceeded the volume sent to the second major destination, France (X tons), fourfold. The third position in this ranking was taken by Ireland (X tons), with a 5.4% share.

From 2012 to 2021, the average annual growth rate of volume to the Netherlands totaled +32.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-0.7% per year) and Ireland (+33.3% per year).

In value terms, the largest markets for razor exported from Belgium were France ($X), the Netherlands ($X) and Italy ($X), together accounting for 70% of total exports. These countries were followed by Ireland, the UK, Poland, Germany and Luxembourg, which together accounted for a further 13%.

In terms of the main countries of destination, Ireland, with a CAGR of +19.9%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average razor export price stood at $X per ton in 2021, declining by -28% against the previous year. In general, the export price saw a abrupt downturn. The pace of growth was the most pronounced in 2015 an increase of 16% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per ton), while the average price for exports to Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-2.1%), while the prices for the other major destinations experienced a decline.

Razor Imports

Imports into Belgium

In 2021, purchases abroad of razors increased by 9.5% to X tons, rising for the fifth year in a row after three years of decline. Over the period under review, imports enjoyed a strong increase. The growth pace was the most rapid in 2017 when imports increased by 99%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the near future.

In value terms, razor imports rose notably to $X in 2021. Overall, imports, however, continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2020 when imports increased by 73% against the previous year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Poland (X tons) constituted the largest supplier of razor to Belgium, with a 64% share of total imports. Moreover, razor imports from Poland exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), fourfold. The Czech Republic (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from Poland amounted to +21.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+12.3% per year) and the Czech Republic (+3.5% per year).

In value terms, the largest razor suppliers to Belgium were Poland ($X), the Czech Republic ($X) and the Netherlands ($X), with a combined 81% share of total imports. These countries were followed by Vietnam, France, Germany, China and South Korea, which together accounted for a further 15%.

Vietnam, with a CAGR of +37.5%, saw the highest growth rate of 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

In 2021, the average razor import price amounted to $X per ton, growing by 3.5% against the previous year. In general, the import price, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2016 an increase of 40%. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was France ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+0.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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