Malaysia: 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 Malaysia

In 2022, the Malaysian market for hair brushes and shaving and toilet brushes for personal use was finally on the rise to reach $X after two years of decline. Over the period under review, the total consumption indicated a noticeable 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, consumption decreased by -14.1% against 2019 indices. Hair, shaving and toilet brush consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Hair Brushes And Shaving And Toilet Brushes For Personal Use in Malaysia

In value terms, hair, shaving and toilet brush production reduced to $X in 2022 estimated in export price. Over the period under review, production showed a slight contraction. The most prominent rate of growth was recorded in 2019 when the production volume increased by 92% against the previous year. Hair, shaving and toilet brush production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

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

Exports from Malaysia

After two years of decline, shipments abroad of hair brushes and shaving and toilet brushes for personal use increased by 3% to X units in 2022. Over the period under review, exports, however, continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2019 with an increase of 202% against the previous year. Over the period under review, the exports hit record highs 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 reduced rapidly to $X in 2022. Overall, exports, however, showed a deep reduction. The most prominent rate of growth was recorded in 2019 with an increase of 290% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units), Singapore (X units) and Hungary (X units) were the main destinations of hair, shaving and toilet brush exports from Malaysia, together comprising 52% of total exports. Thailand, the UK, Belgium, China, Indonesia, the Netherlands and Australia lagged somewhat behind, together accounting for a further 40%.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of +52.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hair, shaving and toilet brush exported from Malaysia were Singapore ($X), China ($X) and the United States ($X), with a combined 60% share of total exports. Hungary, the Netherlands, the UK, Thailand, Australia, Indonesia and Belgium lagged somewhat behind, together accounting for a further 28%.

Among the main countries of destination, Indonesia, with a CAGR of +36.8%, saw 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

In 2022, the average export price for hair brushes and shaving and toilet brushes for personal use amounted to $X per unit, declining by -17.8% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 49% against the previous year. As a result, the export price reached the peak level of $X per unit, and then dropped notably in the following year.

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 China ($X per unit), while the average price for exports to Belgium ($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 Norway (+25.4%), 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 Malaysia

In 2022, overseas purchases 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, total imports indicated a tangible expansion from 2012 to 2022: its volume increased at an average annual rate of +2.8% 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 -27.3% against 2019 indices. Imports peaked at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, hair, shaving and toilet brush imports surged to $X in 2022. In general, imports continue to indicate a tangible expansion. The most prominent rate of growth was recorded in 2017 with an increase of 70% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest hair, shaving and toilet brush supplier to Malaysia, with a 84% share of total imports. Moreover, hair, shaving and toilet brush imports from China exceeded the figures recorded by the second-largest supplier, Sri Lanka (X units), sevenfold. Japan (X units) ranked third in terms of total imports with a 1.8% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Sri Lanka (-1.3% per year) and Japan (+5.0% per year).

In value terms, China ($X) constituted the largest supplier of hair brushes and shaving and toilet brushes for personal use to Malaysia, comprising 86% of total imports. The second position in the ranking was held by Sri Lanka ($X), with a 3.5% share of total imports. It was followed by Japan, with a 2.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Sri Lanka (+0.5% per year) and Japan (+6.5% 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, declining by -12.2% against the previous year. Over the period under review, the import price, however, continues to indicate modest growth. The pace of growth appeared the most rapid in 2017 when the average import price increased by 59%. As a result, import price attained the peak level of $X per unit. From 2018 to 2022, the average import prices remained at a 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 Japan ($X per unit), while the price for Sri Lanka ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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