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Hong Kong SAR, China - Toothpaste, Denture Cleaners And Other Dentifrices - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

Hong Kong SAR, China - Toothpaste, Denture Cleaners And Other Dentifrices - Market Analysis, Forecast, Size, Trends And Insights

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Aug 15, 2023

Toothpaste Price Skyrockets by 29% in Hong Kong, Reaching An Average of $5,043/Ton

Hong Kong Toothpaste Import Price in May 2023

In May 2023, the toothpaste price amounted to $5,043 per ton (CIF, Hong Kong), increasing by 29% against the previous month. Over the period under review, the import price enjoyed a modest expansion. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 126% month-to-month. As a result, import price reached the peak level of $11,973 per ton. From November 2022 to May 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was the United States ($24,597 per ton), while the price for China ($2,663 per ton) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by the United States (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Hong Kong Toothpaste Import Prices By Country (USD Per Ton)
COUNTRYImport Price of Toothpaste in Hong Kong (USD per ton)
May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023
United States7,9575,77815,0842,7946,0534,9985,5499,1024,9717,3535,73117,66024,597
Thailand7,5528,88222,5837,6799,05710,6528,8199,7198,41010,0017,9829,02611,878
United Kingdom9,33110,21417,0318,3066,88112,667N/A11,6029,65513,00813,85012,85110,064
Macao5,0085,1296,9507,6875,6154,7005,6538,7225,9075,9995,4055,7058,700
Japan7,2167,1029,30612,2637,8256,8916,3626,9387,5426,5898,9468,0907,938
China2,4342,2583,5913,3413,25614,4722,7502,9732,8872,8412,9062,4522,663
Average4,3614,6666,5747,4945,29511,9734,6034,5743,9924,6604,1733,9035,043

Hong Kong Toothpaste Imports

In May 2023, supplies from abroad of toothpaste, denture cleaners and other dentifrices decreased by -3.6% to 1.3K tons, falling for the second month in a row after five months of growth. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 when imports increased by 35% against the previous month. As a result, imports reached the peak of 1.7K tons. From April 2023 to May 2023, the growth of imports failed to regain momentum.

In value terms, toothpaste imports skyrocketed to $6.4M (IndexBox estimates) in May 2023. Overall, total imports indicated a mild expansion from May 2022 to May 2023: its value increased at an average monthly rate of +1.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2023 figures, imports decreased by -8.1% against March 2023 indices. The most prominent rate of growth was recorded in October 2022 with an increase of 104% m-o-m. As a result, imports attained the peak of $9.4M. From November 2022 to May 2023, the growth of imports remained at a lower figure.

Hong Kong Toothpaste Imports by Country

In May 2023, China (901 tons) constituted the largest toothpaste supplier to Hong Kong, with a 71% share of total imports. Moreover, toothpaste imports from China exceeded the figures recorded by the second-largest supplier, Thailand (231 tons), fourfold. Vietnam (26 tons) ranked third in terms of total imports with a 2% share.

From May 2022 to May 2023, the average monthly rate of growth in terms of volume from China amounted to +1.4%. The remaining supplying countries recorded the following average monthly rates of imports growth: Thailand (+1.6% per month) and Vietnam (-0.1% per month).

In value terms, Thailand ($2.7M), China ($2.4M) and Macao ($195K) constituted the largest toothpaste suppliers to Hong Kong, together comprising 83% of total imports. Germany, Japan, the UK, Vietnam and the United States lagged somewhat behind, together comprising a further 7.9%.

In terms of the main suppliers, Germany, with a CAGR of +6.5%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the toothpaste market in Hong Kong SAR, China. 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 20421850 - Dentifrices (including toothpaste, denture cleaners)

Country coverage:

  • Hong Kong SAR

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Hong Kong SAR, China
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 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

  12. 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

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