South Africa: Razor Market 2025

Razor Market Size in South Africa

The South African razor market soared to $X in 2021, picking up by 27% 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). Overall, consumption recorded a resilient increase. Razor consumption peaked at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Razor Exports

Exports from South Africa

Razor exports from South Africa skyrocketed to X tons in 2021, picking up by 26% against 2020. Overall, exports showed a mild expansion. The growth pace was the most rapid in 2014 when exports increased by 112% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, razor exports rose significantly to $X in 2021. The total export value increased at an average annual rate of +2.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 26%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Namibia (X tons), Zambia (X tons) and Mozambique (X tons) were the main destinations of razor exports from South Africa, with a combined 46% share of total exports. Madagascar, Mauritius, Botswana, Poland and Zimbabwe lagged somewhat behind, together comprising a further 44%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +251.4%), while the other leaders experienced more modest paces of growth.

In value terms, Namibia ($X), Zambia ($X) and Mozambique ($X) constituted the largest markets for razor exported from South Africa worldwide, together accounting for 47% of total exports. Madagascar, Mauritius, Botswana, Poland and Zimbabwe lagged somewhat behind, together accounting for a further 43%.

Poland, with a CAGR of +202.7%, saw the highest rates of growth with regard to the value of exports, in terms of 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, falling by -13% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by 490% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2021, the highest price was recorded for prices to Mozambique ($X per ton) and Mauritius ($X per ton), while the average price for exports to Zimbabwe ($X per ton) and Zambia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (-13.9%), while the prices for the other major destinations experienced a decline.

Razor Imports

Imports into South Africa

In 2021, approx. X tons of razors were imported into South Africa; growing by 28% against the year before. In general, imports posted a prominent increase. The most prominent rate of growth was recorded in 2015 with an increase of 147% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, razor imports skyrocketed to $X in 2021. Overall, imports showed a modest increase. The pace of growth was the most pronounced in 2014 when imports increased by 31%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X tons), Poland (X tons) and Greece (X tons) were the main suppliers of razor imports to South Africa, together comprising 75% of total imports. India, France and the United Arab Emirates lagged somewhat behind, together accounting for a further 21%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +18.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest razor suppliers to South Africa were China ($X), Poland ($X) and Greece ($X), together accounting for 76% of total imports. These countries were followed by India, France and the United Arab Emirates, which together accounted for a further 19%.

Among the main suppliers, India, with a CAGR of +7.9%, 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

In 2021, the average razor import price amounted to $X per ton, waning by -5.4% against the previous year. Over the period under review, the import price continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2014 an increase of 104%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+2.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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