Asia: Tooth Brush Market 2024

Tooth Brush Market Size in Asia

In 2022, the Asian tooth brush market decreased by -8.6% to $X, falling for the second consecutive year after nine years of growth. Overall, consumption, however, continues to indicate a buoyant expansion. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Tooth Brush Production in Asia

In value terms, tooth brush production declined slightly to $X in 2022 estimated in export price. Overall, production, however, showed strong growth. The growth pace was the most rapid in 2018 when the production volume increased by 38% against the previous year. Over the period under review, production reached the maximum level at $X in 2021, and then shrank modestly in the following year.

Tooth Brush Exports

Exports in Asia

In 2022, the amount of tooth brushes exported in Asia skyrocketed to X units, rising by 24% compared with 2021. The total export volume increased at an average annual rate of +4.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, tooth brush exports surged to $X in 2022. Total exports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.2% against 2012 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China dominates exports structure, accounting for X units, which was approx. 86% of total exports in 2022. It was distantly followed by India (X units), comprising a 5.2% share of total exports. Thailand (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to tooth brush exports from China stood at +5.0%. At the same time, India (+10.7%) and Thailand (+5.2%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia, with a CAGR of +10.7% from 2012-2022. While the share of India (+2.1 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest tooth brush supplier in Asia, comprising 71% of total exports. The second position in the ranking was taken by India ($X), with a 7.3% share of total exports.

From 2012 to 2022, the average annual growth rate of value in China stood at +6.7%. The remaining exporting countries recorded the following average annual rates of exports growth: India (+7.3% per year) and Thailand (+1.5% per year).

Export Prices by Country

In 2022, the export price in Asia amounted to $X per unit, dropping by -4.5% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the export price increased by 9.2%. The level of export peaked at $X per unit in 2021, and then contracted slightly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was India ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.6%), while the other leaders experienced a decline in the export price figures.

Tooth Brush Imports

Imports in Asia

In 2022, after two years of decline, there was significant growth in purchases abroad of tooth brushes, when their volume increased by 9.3% to X units. Total imports indicated a temperate increase from 2012 to 2022: its volume increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 16% against the previous year. The volume of import peaked at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, tooth brush imports dropped modestly to $X in 2022. The total import value increased at an average annual rate of +3.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 when imports increased by 12% against the previous year. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units), distantly followed by Thailand (X units), Japan (X units), the Philippines (X units), India (X units), Taiwan (Chinese) (X units), the United Arab Emirates (X units), South Korea (X units) and Vietnam (X units) represented the main importers of tooth brushes, together mixing up 74% of total imports. Hong Kong SAR (X units), Iraq (X units), Malaysia (X units) and Turkey (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to tooth brush imports into China stood at +18.3%. At the same time, the Philippines (+20.8%), Iraq (+13.4%), Taiwan (Chinese) (+12.5%), India (+5.0%), Vietnam (+3.6%), South Korea (+2.1%) and Thailand (+2.1%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer imported in Asia, with a CAGR of +20.8% from 2012-2022. Japan, Turkey and Hong Kong SAR experienced a relatively flat trend pattern. By contrast, Malaysia (-1.0%) and the United Arab Emirates (-3.5%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, the Philippines and Taiwan (Chinese) increased by +14, +5.4 and +3.4 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest tooth brush importing markets in Asia were Japan ($X), South Korea ($X) and China ($X), with a combined 38% share of total imports. Thailand, the United Arab Emirates, the Philippines, Hong Kong SAR, Vietnam, Taiwan (Chinese), Malaysia, Turkey, Iraq and India lagged somewhat behind, together comprising a further 40%.

Among the main importing countries, the Philippines, with a CAGR of +21.9%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia stood at $X per unit in 2022, declining by -11% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by 7.7% against the previous year. As a result, import price reached the peak level of $X per unit, and then contracted in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per unit), while India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+8.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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