Chile: Tooth Brush Market 2024

Tooth Brush Market Size in Chile

For the third consecutive year, the Chilean tooth brush market recorded growth in sales value, which increased by 6.2% to $X in 2022. In general, consumption enjoyed a strong increase. Tooth brush consumption peaked in 2022 and is expected to retain growth in the near future.

Tooth Brush Exports

Exports from Chile

In 2022, overseas shipments of tooth brushes increased by 34% to X units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a pronounced decline. The pace of growth was the most pronounced in 2013 with an increase of 384%. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, tooth brush exports shrank remarkably to $X in 2022. Over the period under review, exports, however, recorded a pronounced decline. The most prominent rate of growth was recorded in 2013 when exports increased by 152%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Peru (X units) was the main destination for tooth brush exports from Chile, accounting for a 48% share of total exports. Moreover, tooth brush exports to Peru exceeded the volume sent to the second major destination, Venezuela (X units), twofold. Bolivia (X units) ranked third in terms of total exports with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Peru totaled +13.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Venezuela (+90.4% per year) and Bolivia (-19.5% per year).

In value terms, the largest markets for tooth brush exported from Chile were Peru ($X), Bolivia ($X) and Venezuela ($X), with a combined 79% share of total exports.

Peru, with a CAGR of +11.5%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average tooth brush export price stood at $X per unit in 2022, declining by -38.3% against the previous year. In general, the export price recorded a perceptible setback. The most prominent rate of growth was recorded in 2021 an increase of 358% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($X per unit), while the average price for exports to Mexico ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+316.1%), while the prices for the other major destinations experienced more modest paces of growth.

Tooth Brush Imports

Imports into Chile

In 2022, imports of tooth brushes into Chile totaled X units, picking up by 4.4% on the previous year. Overall, total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.

In value terms, tooth brush imports rose rapidly to $X in 2022. Over the period under review, imports showed a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 59%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

China (X units), Vietnam (X units) and Spain (X units) were the main suppliers of tooth brush imports to Chile, with a combined 77% share of total imports. Mexico, India, Thailand and Switzerland lagged somewhat behind, together accounting for a further 18%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Thailand (with a CAGR of +72.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest tooth brush suppliers to Chile were China ($X), Spain ($X) and Vietnam ($X), with a combined 64% share of total imports. Mexico, India, Switzerland and Thailand lagged somewhat behind, together comprising a further 27%.

Thailand, with a CAGR of +46.8%, recorded 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 2022, the average tooth brush import price amounted to $X per unit, rising by 2% against the previous year. Over the period under review, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tooth brush import price increased by +78.3% against 2016 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 27% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :