Finland: Razor Market 2025

Razor Market Size in Finland

The Finnish razor market skyrocketed to $X in 2021, growing by 20% 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). The market value increased at an average annual rate of +3.2% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Razor Exports

Exports from Finland

In 2021, the amount of razors exported from Finland shrank significantly to X tons, declining by -25% compared with the previous year. Over the period under review, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 202%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, razor exports shrank to $X in 2021. Overall, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2018 with an increase of 179% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Estonia (X tons) was the main destination for razor exports from Finland, accounting for a 61% share of total exports. Moreover, razor exports to Estonia exceeded the volume sent to the second major destination, Russia (X tons), twofold. Italy (X kg) ranked third in terms of total exports with a 5.3% share.

From 2012 to 2021, the average annual growth rate of volume to Estonia totaled +29.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+39.5% per year) and Italy (-37.2% per year).

In value terms, Estonia ($X) remains the key foreign market for razors exports from Finland, comprising 77% of total exports. The second position in the ranking was taken by Russia ($X), with a 16% share of total exports. It was followed by Italy, with a 1.9% share.

From 2012 to 2021, the average annual growth rate of value to Estonia amounted to +53.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+33.2% per year) and Italy (-31.6% per year).

Export Prices by Country

In 2021, the average razor export price amounted to $X per ton, picking up by 13% against the previous year. In general, export price indicated prominent growth from 2012 to 2021: its price increased at an average annual rate of +6.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, razor export price increased by +56.5% against 2018 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 33% against the previous year. The export price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was Sweden ($X per ton), while the average price for exports to Italy ($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 Estonia (+18.1%), while the prices for the other major destinations experienced more modest paces of growth.

Razor Imports

Imports into Finland

In 2021, approx. X tons of razors were imported into Finland; shrinking by -4.5% against 2020. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 24%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, razor imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +1.1% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Sweden (X tons) constituted the largest razor supplier to Finland, accounting for a 53% share of total imports. Moreover, razor imports from Sweden exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. Germany (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from Sweden totaled +1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+19.1% per year) and Germany (+7.5% per year).

In value terms, Sweden ($X) constituted the largest supplier of razors to Finland, comprising 61% of total imports. The second position in the ranking was held by China ($X), with an 8% share of total imports. It was followed by the Netherlands, with a 7.6% share.

From 2012 to 2021, the average annual growth rate of value from Sweden was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+13.1% per year) and the Netherlands (+38.5% per year).

Import Prices by Country

In 2021, the average razor import price amounted to $X per ton, increasing by 36% against the previous year. Overall, the import price saw a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was the Netherlands ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+1,771.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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