United Arab Emirates: Razor Market 2025

Razor Market Size in the United Arab Emirates

The razor market in the United Arab Emirates soared to $X in 2021, jumping by 61% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Razor Production in the United Arab Emirates

In value terms, razor production reduced remarkably to $X in 2021 estimated in export price. In general, production, however, continues to indicate a significant increase. Over the period under review, production hit record highs at $X in 2020, and then reduced sharply in the following year.

Razor Exports

Exports from the United Arab Emirates

Razor exports from the United Arab Emirates dropped to X tons in 2021, which is down by -10.1% against the previous year. In general, exports, however, continue to indicate a modest expansion. The pace of growth was the most pronounced in 2016 when exports increased by 65% against the previous year. The exports peaked at X tons in 2020, and then reduced in the following year.

In value terms, razor exports skyrocketed to $X in 2021. Over the period under review, exports, however, showed a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Oman (X tons) was the main destination for razor exports from the United Arab Emirates, accounting for a 52% share of total exports. Moreover, razor exports to Oman exceeded the volume sent to the second major destination, Zimbabwe (X tons), sevenfold. The third position in this ranking was held by Saudi Arabia (X tons), with a 6.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Oman stood at +2.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zimbabwe (+113.1% per year) and Saudi Arabia (+48.1% per year).

In value terms, Oman ($X) remains the key foreign market for razors exports from the United Arab Emirates, comprising 61% of total exports. The second position in the ranking was taken by Georgia ($X), with a 6.1% share of total exports. It was followed by the Netherlands, with a 2.2% share.

From 2012 to 2021, the average annual growth rate of value to Oman amounted to +1.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (+21.2% per year) and the Netherlands (-0.3% per year).

Export Prices by Country

The average razor export price stood at $X per ton in 2021, picking up by 45% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Tanzania ($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 Zambia (+3.9%), while the prices for the other major destinations experienced mixed trend patterns.

Razor Imports

Imports into the United Arab Emirates

In 2021, the amount of razors imported into the United Arab Emirates skyrocketed to X tons, rising by 52% against the previous year. Over the period under review, imports, however, saw a perceptible setback. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, razor imports surged to $X in 2021. In general, total imports indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

India (X tons), China (X tons) and Vietnam (X tons) were the main suppliers of razor imports to the United Arab Emirates, with a combined 53% share of total imports. Singapore, Poland, Turkey and Egypt lagged somewhat behind, together comprising a further 17%.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +53.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Vietnam ($X) and India ($X) were the largest razor suppliers to the United Arab Emirates, together accounting for 39% of total imports. These countries were followed by China, Singapore, Turkey and Egypt, which together accounted for a further 19%.

Turkey, with a CAGR of +54.3%, saw the highest rates of growth with regard to the value of imports, among the main suppliers 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, rising by 23% against the previous year. Overall, the import price recorded strong growth. The pace of growth appeared the most rapid in 2015 when the average import price increased by 36% against the previous year. Over the period under review, average import prices reached the maximum in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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