Hungary: Tooth Brush Market 2024

Tooth Brush Market Size in Hungary

In 2022, after two years of growth, there was significant decline in the Hungarian tooth brush market, when its value decreased by -41.9% to $X. Overall, consumption, however, posted a strong expansion. Over the period under review, the market attained the maximum level at $X in 2021, and then shrank dramatically in the following year.

Tooth Brush Production in Hungary

In value terms, tooth brush production fell rapidly to $X in 2022 estimated in export price. Over the period under review, production faced a precipitous decrease. The most prominent rate of growth was recorded in 2017 with an increase of 815% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Tooth Brush Exports

Exports from Hungary

In 2022, the amount of tooth brushes exported from Hungary soared to X units, with an increase of 60% against 2021. Over the period under review, exports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 215% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, tooth brush exports skyrocketed to $X in 2022. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 135% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.

Exports by Country

Germany (X units) was the main destination for tooth brush exports from Hungary, with a 83% share of total exports. Moreover, tooth brush exports to Germany exceeded the volume sent to the second major destination, Italy (X units), more than tenfold. The third position in this ranking was held by Sweden (X units), with a 1.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to +49.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+128.6% per year) and Sweden (+41.7% per year).

In value terms, Germany ($X) remains the key foreign market for tooth brushes exports from Hungary, comprising 68% of total exports. The second position in the ranking was held by Italy ($X), with a 2.5% share of total exports. It was followed by Slovenia, with a 2.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany stood at +44.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+105.3% per year) and Slovenia (+4.1% per year).

Export Prices by Country

In 2022, the average tooth brush export price amounted to $X per unit, dropping by -17.3% against the previous year. Overall, the export price recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2014 when the average export price increased by 12%. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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 Slovenia ($X per unit), while the average price for exports to Sweden ($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 Bulgaria (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.

Tooth Brush Imports

Imports into Hungary

In 2022, approx. X units of tooth brushes were imported into Hungary; growing by 18% compared with 2021. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 86%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, tooth brush imports rose notably to $X in 2022. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 84%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of tooth brush to Hungary, accounting for a 85% share of total imports. Moreover, tooth brush imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X units), more than tenfold. The third position in this ranking was held by China (X units), with a 2.9% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled +35.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+8.5% per year) and China (+29.5% per year).

In value terms, Germany ($X) constituted the largest supplier of tooth brushes to Hungary, comprising 74% of total imports. The second position in the ranking was held by Poland ($X), with a 9.3% share of total imports. It was followed by the Czech Republic, with a 6.2% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to +31.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+22.1% per year) and the Czech Republic (+11.7% per year).

Import Prices by Country

In 2022, the average tooth brush import price amounted to $X per unit, with a decrease of -5.3% against the previous year. Over the period under review, the import price showed a mild descent. The most prominent rate of growth was recorded in 2013 an increase of 20%. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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