Eastern Asia: Tooth Brush Market 2024

Tooth Brush Market Size in Eastern Asia

In 2022, the East Asian tooth brush market decreased by -15.6% to $X, falling for the second consecutive year after four years of growth. Over the period under review, consumption, however, posted a strong expansion. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Tooth Brush Production in Eastern Asia

In value terms, tooth brush production reached $X in 2022 estimated in export price. Overall, production, however, posted a strong increase. The growth pace was the most rapid in 2018 when the production volume increased by 66% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; afterwards, it flattened through to 2022.

Tooth Brush Exports

Exports in Eastern Asia

Tooth brush exports surged to X units in 2022, growing by 25% compared with the previous year's figure. The total export volume increased at an average annual rate of +5.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 strong growth from 2012 to 2022: its value increased at an average annual rate of +6.9% 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 +94.0% against 2012 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X units) represented roughly 97% of total exports in 2022.

China was also the fastest-growing in terms of the tooth brushes exports, with a CAGR of +5.0% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest tooth brush supplier in Eastern Asia.

In China, tooth brush exports increased at an average annual rate of +6.7% over the period from 2012-2022.

Export Prices by Country

The export price in Eastern Asia stood at $X per unit in 2022, with a decrease of -2.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The pace of growth was the most pronounced in 2020 when the export price increased by 13% against the previous year. The level of export peaked at $X per unit in 2021, and then fell slightly in the following year.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +1.6% per year.

Tooth Brush Imports

Imports in Eastern Asia

In 2022, supplies from abroad of tooth brushes increased by 3% to X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports recorded buoyant growth. The growth pace was the most rapid in 2019 with an increase of 33% against the previous year. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, tooth brush imports contracted to $X in 2022. Total imports indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -11.0% against 2019 indices. The most prominent rate of growth was recorded in 2016 when imports increased by 11% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) represented the major importer of tooth brushes, making up 43% of total imports. It was distantly followed by Japan (X units), Taiwan (Chinese) (X units), South Korea (X units) and Hong Kong SAR (X units), together making up a 56% share of total imports.

China was also the fastest-growing in terms of the tooth brushes imports, with a CAGR of +18.3% from 2012 to 2022. At the same time, Taiwan (Chinese) (+12.5%) and South Korea (+2.1%) displayed positive paces of growth. Japan and Hong Kong SAR experienced a relatively flat trend pattern. China (+28 p.p.) and Taiwan (Chinese) (+5.9 p.p.) significantly strengthened its position in terms of the total imports, while South Korea, Hong Kong SAR and Japan saw its share reduced by -6.7%, -10% and -17.3% from 2012 to 2022, respectively.

In value terms, the largest tooth brush importing markets in Eastern Asia were Japan ($X), South Korea ($X) and China ($X), together comprising 80% of total imports.

China, with a CAGR of +13.9%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries 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 Eastern Asia stood at $X per unit in 2022, which is down by -11.4% against the previous year. In general, the import price continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2021 an increase of 10% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per unit), while China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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