Romania: Razor Market 2024

Razor Market Size in Romania

The Romanian razor market expanded to $X in 2021, increasing by 4.6% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Razor Production in Romania

In value terms, razor production reached $X in 2021 estimated in export price. Overall, production showed a pronounced decrease. The growth pace was the most rapid in 2017 with an increase of 14% against the previous year. Razor production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Razor Exports

Exports from Romania

In 2021, shipments abroad of razors was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by 36% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, razor exports rose markedly to $X in 2021. In general, exports, however, saw a noticeable downturn. The pace of growth was the most pronounced in 2018 when exports increased by 21%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Bulgaria (X tons) was the main destination for razor exports from Romania, with a 41% share of total exports. Moreover, razor exports to Bulgaria exceeded the volume sent to the second major destination, Serbia (X tons), threefold. The third position in this ranking was held by Bosnia and Herzegovina (X tons), with a 9.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Bulgaria amounted to +5.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (-4.7% per year) and Bosnia and Herzegovina (-0.8% per year).

In value terms, the largest markets for razor exported from Romania were Bulgaria ($X), Serbia ($X) and Bosnia and Herzegovina ($X), together accounting for 67% of total exports. These countries were followed by Moldova, Poland, Kosovo and Albania, which together accounted for a further 21%.

Kosovo, with a CAGR of +7.6%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average razor export price amounted to $X per ton, rising by 5.2% against the previous year. Overall, the export price, however, saw a perceptible setback. The pace of growth appeared the most rapid in 2015 when the average export price increased by 15%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Bosnia and Herzegovina ($X per ton), while the average price for exports to Poland ($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 Kosovo (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.

Razor Imports

Imports into Romania

For the third year in a row, Romania recorded growth in purchases abroad of razors, which increased by 11% to X tons in 2021. Overall, imports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2016 with an increase of 61%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, razor imports reduced modestly to $X in 2021. In general, total imports indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -12.8% against 2018 indices. The most prominent rate of growth was recorded in 2014 with an increase of 23% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Poland (X tons) constituted the largest supplier of razor to Romania, accounting for a 87% share of total imports. Moreover, razor imports from Poland exceeded the figures recorded by the second-largest supplier, Slovakia (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Poland stood at +14.9%.

In value terms, Poland ($X) constituted the largest supplier of razors to Romania, comprising 65% of total imports. The second position in the ranking was held by Slovakia ($X), with a 15% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Poland was relatively modest.

Import Prices by Country

The average razor import price stood at $X per ton in 2021, shrinking by -11.6% against the previous year. Overall, the import price showed a abrupt setback. The pace of growth appeared the most rapid in 2018 an increase of 18% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (-2.2%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :