Sweden: Razor Market 2024

Razor Market Size in Sweden

The Swedish razor market rose to $X in 2021, growing by 3.7% against the previous year. In general, the total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +7.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +78.1% against 2016 indices. Razor consumption peaked in 2021 and is likely to see steady growth in years to come.

Razor Production in Sweden

In value terms, razor production shrank modestly to $X in 2021 estimated in export price. In general, the total production indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +6.7% over the last nine-year period. 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% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Razor Exports

Exports from Sweden

In 2021, after four years of decline, there was significant growth in overseas shipments of razors, when their volume increased by 50% to X tons. The total export volume increased at an average annual rate of +2.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, razor exports amounted to $X in 2021. Over the period under review, exports, however, showed a drastic downturn. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Finland (X tons), Denmark (X tons) and Norway (X tons) were the main destinations of razor exports from Sweden, with a combined 92% share of total exports. India, Germany, Poland and Spain lagged somewhat behind, together comprising a further 5.5%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +62.8%), while the other leaders experienced more modest paces of growth.

In value terms, Norway ($X) remains the key foreign market for razors exports from Sweden, comprising 55% of total exports. The second position in the ranking was held by Denmark ($X), with a 23% share of total exports. It was followed by Finland, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Norway stood at -6.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (-0.6% per year) and Finland (-6.4% per year).

Export Prices by Country

In 2021, the average razor export price amounted to $X per ton, falling by -24.9% against the previous year. Over the period under review, the export price saw a abrupt contraction. The pace of growth appeared the most rapid in 2017 an increase of 10%. The export price 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 for the major export markets. In 2021, the country with the highest price was Norway ($X per ton), while the average price for exports to Finland ($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 India (+2.1%), while the prices for the other major destinations experienced a decline.

Razor Imports

Imports into Sweden

In 2021, the amount of razors imported into Sweden soared to X tons, picking up by 56% compared with the previous year's figure. Overall, imports continue to indicate strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, razor imports expanded markedly to $X in 2021. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 32%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Poland (X tons) constituted the largest razor supplier to Sweden, accounting for a 73% share of total imports. Moreover, razor imports from Poland exceeded the figures recorded by the second-largest supplier, Slovakia (X tons), ninefold. China (X tons) ranked third in terms of total imports with an 8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Poland amounted to +13.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (-2.5% per year) and China (+26.5% per year).

In value terms, Poland ($X) constituted the largest supplier of razors to Sweden, comprising 44% of total imports. The second position in the ranking was held by China ($X), with a 16% share of total imports. It was followed by Slovakia, with a 14% share.

From 2012 to 2021, the average annual growth rate of value from Poland totaled -4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+31.8% per year) and Slovakia (-3.1% per year).

Import Prices by Country

In 2021, the average razor import price amounted to $X per ton, which is down by -31.1% against the previous year. In general, the import price showed a abrupt slump. The pace of growth appeared the most rapid in 2014 an increase of 15%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+17.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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