U.S.: Razor Market 2025

Razor Market Size in the U.S.

In 2021, after three years of growth, there was decline in the U.S. razor market, when its value decreased by -3.2% to $X. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Razor Production in the U.S.

In value terms, razor production dropped to $X in 2021. Overall, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 8.6% against the previous year. As a result, production attained the peak level of $X, and then shrank slightly in the following year.

Razor Exports

Exports from the U.S.

In 2021, shipments abroad of razors decreased by -41.2% to X tons, falling for the sixth year in a row after four years of growth. Over the period under review, exports showed a abrupt slump. The growth pace was the most rapid in 2013 when exports increased by 20%. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, razor exports declined to $X in 2021. Overall, exports recorded a slight decline. The pace of growth appeared the most rapid in 2015 when exports increased by 27% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Mexico (X tons), Canada (X tons) and the Czech Republic (X tons) were the main destinations of razor exports from the United States, with a combined 84% share of total exports.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of -2.4%), while shipments for the other leaders experienced a decline.

In value terms, Canada ($X) remains the key foreign market for razors exports from the United States, comprising 66% of total exports. The second position in the ranking was held by Mexico ($X), with a 23% share of total exports. It was followed by the Czech Republic, with a 3.2% share.

From 2012 to 2021, the average annual growth rate of value to Canada was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+1.0% per year) and the Czech Republic (+6.4% per year).

Export Prices by Country

In 2021, the average razor export price amounted to $X per ton, jumping by 50% against the previous year. Over the period under review, the export price continues to indicate strong growth. The most prominent rate of growth was recorded in 2020 an increase of 182%. The export price peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Canada ($X per ton), while the average price for exports to the United Arab Emirates ($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 Canada (+29.0%), while the prices for the other major destinations experienced more modest paces of growth.

Razor Imports

Imports into the U.S.

In 2021, purchases abroad of razors decreased by -1% to X tons, falling for the fifth year in a row after five years of growth. In general, imports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2015 with an increase of 10%. Over the period under review, imports attained the peak figure at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, razor imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +2.0% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Mexico (X tons), Greece (X tons) and China (X tons) were the main suppliers of razor imports to the United States, with a combined 75% share of total imports. These countries were followed by Israel, Germany, France, Vietnam, Poland and Brazil, which together accounted for a further 20%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Israel (with a CAGR of +81.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) constituted the largest supplier of razors to the United States, comprising 44% of total imports. The second position in the ranking was taken by Greece ($X), with a 21% share of total imports. It was followed by China, with a 9.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Mexico amounted to +4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (+2.8% per year) and China (-7.1% per year).

Import Prices by Country

The average razor import price stood at $X per ton in 2021, increasing by 27% against the previous year. In general, the import price showed a prominent expansion. The most prominent rate of growth was recorded in 2020 an increase of 76% against the previous year. Over the period under review, average import prices reached the maximum in 2021 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+22.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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