Report Update Nov 1, 2024

Uruguay - Razors - Market Analysis, Forecast, Size, Trends and Insights

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Uruguay: Razor Market 2024

Razor Market Size in Uruguay

For the third year in a row, the Uruguayan razor market recorded decline in sales value, which decreased by -30.1% to $X in 2021. Over the period under review, consumption continues to indicate a abrupt decline. Razor consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Razor Exports

Exports from Uruguay

In 2021, overseas shipments of razors increased by 0.5% to X tons, rising for the fifth year in a row after four years of decline. In general, exports recorded a significant increase. The growth pace was the most rapid in 2017 when exports increased by 25,700% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in the near future.

In value terms, razor exports reached $X in 2021. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2017 with an increase of 29,457%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Chile (X tons) and Argentina (X tons) were the main destinations of razor exports from Uruguay.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Chile (with a CAGR of +140.1%).

In value terms, Chile ($X) remains the key foreign market for razors exports from Uruguay, comprising 74% of total exports. The second position in the ranking was taken by Argentina ($X), with a 26% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Chile stood at +132.1%.

Export Prices by Country

In 2021, the average razor export price amounted to $X per ton, standing approx. at the previous year. Overall, the export price recorded a noticeable increase. The pace of growth appeared the most rapid in 2016 when the average export price increased by 68%. Over the period under review, the average export prices reached the maximum in 2021 and is likely to see steady growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Chile ($X per ton), while the average price for exports to Argentina amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+152.0%), while the prices for the other major destinations experienced mixed trend patterns.

Razor Imports

Imports into Uruguay

In 2021, supplies from abroad of razors decreased by -13.7% to X tons, falling for the third consecutive year after two years of growth. In general, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2015 when imports increased by 13%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, razor imports shrank remarkably to $X in 2021. Overall, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2014 when imports increased by 19%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Mexico (X tons) constituted the largest supplier of razor to Uruguay, with a 54% share of total imports. Moreover, razor imports from Mexico exceeded the figures recorded by the second-largest supplier, Brazil (X tons), twofold. The third position in this ranking was held by China (X tons), with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Mexico stood at +12.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-20.3% per year) and China (-8.5% per year).

In value terms, Mexico ($X) constituted the largest supplier of razors to Uruguay, comprising 61% of total imports. The second position in the ranking was taken by Brazil ($X), with a 30% share of total imports. It was followed by China, with a 4.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Mexico amounted to +4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-23.8% per year) and China (-15.2% per year).

Import Prices by Country

In 2021, the average razor import price amounted to $X per ton, declining by -26% against the previous year. Overall, the import price recorded a deep slump. The most prominent rate of growth was recorded in 2014 an increase of 36% against the previous year. 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.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Greece (-4.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for razors in the world?

The countries with the highest volumes of razor consumption in 2020 were China, the United States and India, with a combined 46% share of global consumption.

What are the largest producers of razors in the world?

The countries with the highest volumes of razor production in 2020 were China, the United States and India, with a combined 48% share of global production. These countries were followed by Pakistan, Russia, Poland, Germany, Brazil, Mexico, Japan, Vietnam, Saudi Arabia and South Korea, which together accounted for a further 35%.

What are the leading suppliers of razors to Uruguay?

In value terms, Mexico, Brazil and China appeared to be the largest razor suppliers to Uruguay, together comprising 98% of total imports.

What are the leading importers of razors from Uruguay?

In value terms, Chile remains the key foreign market for razor exports from Uruguay, comprising 57% of total exports. The second position in the ranking was occupied by Paraguay, with a 22% share of total exports.

What is the average export price for razors in Uruguay?

The average razor export price stood at $11,731 per ton in 2020, with an increase of 3.5% against the previous year.

What is the average import price for razors in Uruguay?

The average razor import price stood at $26,376 per ton in 2020, increasing by 61% against the previous year.

This report provides an in-depth analysis of the razor market in Uruguay. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 25711230 - Razors, parts thereof (excluding razor blades)

Country coverage:

Uruguay

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Uruguay
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023