Greece: Razor Market 2025

Razor Market Size in Greece

The Greek razor market declined to $X in 2021, shrinking by -6.3% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 8.9%. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a somewhat lower figure.

Razor Production in Greece

In value terms, razor production dropped to $X in 2021 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by 14% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2021, production growth remained at a somewhat lower figure.

Razor Exports

Exports from Greece

In 2021, shipments abroad of razors was finally on the rise to reach X tons after four years of decline. Over the period under review, exports saw a pronounced increase. The growth pace was the most rapid in 2016 when exports increased by 119% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, razor exports skyrocketed to $X in 2021. Overall, exports posted a remarkable increase. The pace of growth appeared the most rapid in 2016 when exports increased by 145%. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons) was the main destination for razor exports from Greece, with a 52% share of total exports. Moreover, razor exports to the United Arab Emirates exceeded the volume sent to the second major destination, China (X tons), fivefold. Brazil (X tons) ranked third in terms of total exports with a 7.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United Arab Emirates stood at +9.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+19.8% per year) and Brazil (+11.2% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for razors exports from Greece, comprising 31% of total exports. The second position in the ranking was taken by the United States ($X), with a 15% share of total exports. It was followed by Brazil, with a 13% share.

From 2012 to 2021, the average annual growth rate of value to the United Arab Emirates amounted to +12.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+1,202.0% per year) and Brazil (+17.4% per year).

Export Prices by Country

The average razor export price stood at $X per ton in 2021, surging by 19% against the previous year. Over the last nine years, it increased at an average annual rate of +3.1%. The growth pace was the most rapid in 2014 an increase of 20%. Over the period under review, the average export prices reached the maximum at $X per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to the United Arab Emirates ($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 Mexico (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Razor Imports

Imports into Greece

Razor imports into Greece reduced to X tons in 2021, with a decrease of -7.6% on 2020. In general, imports continue to indicate a mild curtailment. The pace of growth was the most pronounced in 2016 with an increase of 28% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, razor imports surged to $X in 2021. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 32% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Poland (X tons) constituted the largest razor supplier to Greece, with a 56% share of total imports. Moreover, razor imports from Poland exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), sixfold. Italy (X tons) ranked third in terms of total imports with a 7.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Poland was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+106.8% per year) and Italy (-3.6% per year).

In value terms, Poland ($X) constituted the largest supplier of razors to Greece, comprising 75% of total imports. The second position in the ranking was held by Spain ($X), with a 5.5% share of total imports. It was followed by the Czech Republic, with a 5.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Poland stood at +1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+80.1% per year) and the Czech Republic (+110.9% per year).

Import Prices by Country

In 2021, the average razor import price amounted to $X per ton, surging by 32% against the previous year. Over the last nine years, it increased at an average annual rate of +2.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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