Costa Rica: Market for Hair Brushes And Shaving And Toilet Brushes For Personal Use 2024

Market Size for Hair Brushes And Shaving And Toilet Brushes For Personal Use in Costa Rica

The Costa Rican market for hair brushes and shaving and toilet brushes for personal use reduced to $X in 2022, waning by -12.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, posted resilient growth. Hair, shaving and toilet brush consumption peaked at $X in 2021, and then reduced in the following year.

Exports of Hair Brushes And Shaving And Toilet Brushes For Personal Use

Exports from Costa Rica

In 2022, overseas shipments of hair brushes and shaving and toilet brushes for personal use were finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a abrupt descent. The pace of growth appeared the most rapid in 2018 when exports increased by 78% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, hair, shaving and toilet brush exports dropped to $X in 2022. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when exports increased by 36% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Nicaragua (X units), Honduras (X units) and Trinidad and Tobago (X units) were the main destinations of hair, shaving and toilet brush exports from Costa Rica, with a combined 95% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Trinidad and Tobago (with a CAGR of +27.4%), while the other leaders experienced a decline.

In value terms, Nicaragua ($X), Honduras ($X) and Trinidad and Tobago ($X) constituted the largest markets for hair, shaving and toilet brush exported from Costa Rica worldwide, with a combined 95% share of total exports.

Among the main countries of destination, Trinidad and Tobago, with a CAGR of +21.9%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for hair brushes and shaving and toilet brushes for personal use stood at $X per unit in 2022, with a decrease of -9.6% against the previous year. Overall, the export price, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2014 an increase of 62%. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Panama ($X per unit) and the Dominican Republic ($X per unit), while the average price for exports to Honduras ($X per unit) and Nicaragua ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hair Brushes And Shaving And Toilet Brushes For Personal Use

Imports into Costa Rica

In 2022, approx. X units of hair brushes and shaving and toilet brushes for personal use were imported into Costa Rica; declining by -5% compared with the previous year. Over the period under review, imports, however, continue to indicate a perceptible expansion. The pace of growth appeared the most rapid in 2013 when imports increased by 96%. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, hair, shaving and toilet brush imports declined to $X in 2022. In general, imports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2013 when imports increased by 104% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, China (X units) constituted the largest hair, shaving and toilet brush supplier to Costa Rica, accounting for a 57% share of total imports. Moreover, hair, shaving and toilet brush imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), threefold. The third position in this ranking was held by Colombia (X units), with a 5.3% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-1.7% per year) and Colombia (-1.3% per year).

In value terms, China ($X) constituted the largest supplier of hair brushes and shaving and toilet brushes for personal use to Costa Rica, comprising 58% of total imports. The second position in the ranking was taken by the United States ($X), with a 21% share of total imports. It was followed by Colombia, with a 5.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +11.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+4.7% per year) and Colombia (+5.1% per year).

Import Prices by Country

The average import price for hair brushes and shaving and toilet brushes for personal use stood at $X per unit in 2022, falling by -7.4% against the previous year. Overall, the import price, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2014 when the average import price increased by 24%. The import price peaked at $X per unit in 2021, and then reduced in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($X per unit) and China ($X per unit), while the price for Panama ($X per unit) and Taiwan (Chinese) ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform