Ecuador: Tooth Brush Market 2024

Tooth Brush Market Size in Ecuador

The Ecuadorian tooth brush market shrank to $X in 2022, which is down by -12.2% 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, showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Tooth Brush Exports

Exports from Ecuador

After three years of growth, overseas shipments of tooth brushes decreased by -14.8% to X units in 2022. In general, exports faced a abrupt decline. The pace of growth was the most pronounced in 2019 when exports increased by 310% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, tooth brush exports shrank notably to $X in 2022. Overall, exports faced a deep setback. The growth pace was the most rapid in 2019 when exports increased by 407% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Peru (X units) was the main destination for tooth brush exports from Ecuador, accounting for a 80% share of total exports. Moreover, tooth brush exports to Peru exceeded the volume sent to the second major destination, Colombia (X units), fivefold. The third position in this ranking was taken by Panama (X units), with a 2.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Peru stood at +7.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (-25.5% per year) and Panama (-23.2% per year).

In value terms, Peru ($X) remains the key foreign market for tooth brushes exports from Ecuador, comprising 69% of total exports. The second position in the ranking was held by Colombia ($X), with a 13% share of total exports. It was followed by Chile, with a 5.5% share.

From 2012 to 2022, the average annual growth rate of value to Peru amounted to +10.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (-22.9% per year) and Chile (-11.2% per year).

Export Prices by Country

The average tooth brush export price stood at $X per unit in 2022, dropping by -2.9% against the previous year. Overall, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tooth brush export price increased by +58.6% against 2018 indices. The pace of growth was the most pronounced in 2015 an increase of 26%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2021, and then dropped modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ireland ($X per unit), while the average price for exports to Peru ($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 Ireland (+35.6%), while the prices for the other major destinations experienced more modest paces of growth.

Tooth Brush Imports

Imports into Ecuador

In 2022, tooth brush imports into Ecuador shrank to X units, waning by -7.5% against 2021. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 78%. Imports peaked at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, tooth brush imports reduced to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when imports increased by 65% against the previous year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Vietnam (X units) and Switzerland (X units) were the main suppliers of tooth brush imports to Ecuador, together accounting for 94% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +24.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest tooth brush suppliers to Ecuador were Vietnam ($X), China ($X) and Mexico ($X), together comprising 71% of total imports.

Vietnam, with a CAGR of +25.1%, saw the highest growth rate of the value of imports, in terms of 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, declining by -7.2% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 26% against the previous year. As a result, import price reached the peak level of $X per unit. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+33.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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