Scandinavia: Razor Market 2025

Razor Market Size in Scandinavia

The Scandinavia razor market rose notably to $X in 2021, growing by 5.6% against the previous year. The market value increased at an average annual rate of +5.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the immediate term.

Razor Production in Scandinavia

In value terms, razor production shrank to $X in 2021 estimated in export price. The total production indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +6.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -2.0% against 2018 indices. The pace of growth was the most pronounced in 2017 with an increase of 40%. The level of production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Razor Exports

Exports in Scandinavia

In 2021, shipments abroad of razors increased by 37% to X tons for the first time since 2017, thus ending a three-year declining trend. The total export volume increased at an average annual rate of +3.1% 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, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, razor exports expanded remarkably to $X in 2021. Overall, exports, however, recorded a pronounced decline. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Sweden represented the major exporter of razors in Scandinavia, with the volume of exports recording X tons, which was approx. 81% of total exports in 2021. It was distantly followed by Denmark (X tons), committing an 18% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to razor exports from Sweden stood at +2.9%. At the same time, Denmark (+6.8%) displayed positive paces of growth. Moreover, Denmark emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of +6.8% from 2012-2021. From 2012 to 2021, the share of Denmark increased by +4.8 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) remains the largest razor supplier in Scandinavia, comprising 68% of total exports. The second position in the ranking was held by Denmark ($X), with a 28% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Sweden amounted to -5.0%.

Export Prices by Country

In 2021, the export price in Scandinavia amounted to $X per ton, which is down by -16.7% against the previous year. Overall, the export price recorded a abrupt setback. The pace of growth was the most pronounced in 2017 an increase of 9.8% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+6.0%).

Razor Imports

Imports in Scandinavia

In 2021, supplies from abroad of razors increased by 39% to X tons, rising for the fifth consecutive year after two years of decline. In general, imports posted a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, razor imports rose to $X in 2021. Over the period under review, imports, however, continue to indicate a slight decrease. The pace of growth was the most pronounced in 2017 with an increase of 19% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Denmark (X tons) and Sweden (X tons) prevails in imports structure, together making up 92% of total imports. The following importers - Finland (X tons) and Norway (X tons) - together made up 7% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Denmark (with a CAGR of +20.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X) constitutes the largest market for imported razors in Scandinavia, comprising 45% of total imports. The second position in the ranking was held by Norway ($X), with a 21% share of total imports. It was followed by Denmark, with a 21% share.

In Sweden, razor imports remained relatively stable over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Norway (-4.1% per year) and Denmark (-0.8% per year).

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2021, dropping by -25% against the previous year. Over the period under review, the import price recorded a deep setback. The growth pace was the most rapid in 2013 an increase of 3.4%. The level of import peaked 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 importing countries. In 2021, the country with the highest price was Norway ($X per ton), while Denmark ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+0.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform