Eastern Europe: Razor Market 2024

Razor Market Size in Eastern Europe

In 2021, after three years of decline, there was significant growth in the East European razor market, when its value increased by 6.6% to $X. Over the period under review, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Razor Production in Eastern Europe

In value terms, razor production totaled $X in 2021 estimated in export price. Over the period under review, production recorded slight growth. The growth pace was the most rapid in 2017 with an increase of 42%. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Razor Exports

Exports in Eastern Europe

In 2021, shipments abroad of razors increased by 12% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports enjoyed prominent growth. The most prominent rate of growth was recorded in 2016 when exports increased by 50%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, razor exports amounted to $X in 2021. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 16%. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2021, Poland (X tons) was the main exporter of razors, committing 76% of total exports. It was distantly followed by the Czech Republic (X tons), achieving a 17% share of total exports. The following exporters - Russia (X tons) and Slovakia (X tons) - each reached a 5.5% share of total exports.

Poland was also the fastest-growing in terms of the razors exports, with a CAGR of +7.3% from 2012 to 2021. At the same time, the Czech Republic (+4.5%) displayed positive paces of growth. By contrast, Russia (-1.4%) and Slovakia (-1.9%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Poland increased by +7.9 percentage points.

In value terms, Poland ($X) remains the largest razor supplier in Eastern Europe, comprising 64% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 23% share of total exports. It was followed by Slovakia, with a 4.8% share.

In Poland, razor exports remained relatively stable over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: the Czech Republic (+3.4% per year) and Slovakia (+2.0% per year).

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per ton, which is down by -9.9% against the previous year. Over the period under review, the export price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2019 an increase of 27%. Over the period under review, the export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+4.0%), while the other leaders experienced mixed trends in the export price figures.

Razor Imports

Imports in Eastern Europe

Razor imports fell modestly to X tons in 2021, dropping by -4.9% against the year before. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by 47%. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, razor imports rose sharply to $X in 2021. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 42%. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Poland (X tons), Russia (X tons), Romania (X tons), the Czech Republic (X tons) and Slovakia (X tons) was the key importer of razors in Eastern Europe, comprising 86% of total import. It was distantly followed by Ukraine (X tons), achieving a 6.2% share of total imports. Hungary (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +13.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Russia ($X) and the Czech Republic ($X) constituted the countries with the highest levels of imports in 2021, together comprising 59% of total imports. Slovakia, Romania, Ukraine and Hungary lagged somewhat behind, together accounting for a further 30%.

Among the main importing countries, Romania, with a CAGR of +2.8%, 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

The import price in Eastern Europe stood at $X per ton in 2021, picking up by 11% against the previous year. In general, the import price, however, recorded a slight downturn. The most prominent rate of growth was recorded in 2014 an increase of 15%. The level of import peaked at $X per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Hungary ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+3.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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