Mexico: Tooth Brush Market 2024

Tooth Brush Market Size in Mexico

In 2022, the Mexican tooth brush market decreased by -11.2% to $X for the first time since 2015, thus ending a six-year rising trend. In general, consumption, however, enjoyed a buoyant expansion. Tooth brush consumption peaked at $X in 2021, and then contracted in the following year.

Tooth Brush Production in Mexico

In value terms, tooth brush production reached $X in 2022 estimated in export price. Over the period under review, production enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of 2,378% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Tooth Brush Exports

Exports from Mexico

In 2022, after two years of decline, there was significant growth in overseas shipments of tooth brushes, when their volume increased by 61% to X units. Overall, exports, however, faced a deep slump. The most prominent rate of growth was recorded in 2019 when exports increased by 69% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, tooth brush exports soared to $X in 2022. Over the period under review, exports, however, showed a abrupt decrease. The growth pace was the most rapid in 2019 when exports increased by 65%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units), Colombia (X units) and Guatemala (X units) were the main destinations of tooth brush exports from Mexico, together accounting for 60% of total exports. Costa Rica, El Salvador, Honduras, Panama and Peru lagged somewhat behind, together comprising a further 36%.

From 2012 to 2022, the biggest increases were recorded for Honduras (with a CAGR of +11.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Colombia ($X) and Costa Rica ($X) were the largest markets for tooth brush exported from Mexico worldwide, together accounting for 62% of total exports. Guatemala, Panama, El Salvador, Honduras and Peru lagged somewhat behind, together accounting for a further 33%.

In terms of the main countries of destination, Honduras, with a CAGR of +10.3%, recorded the highest growth rate of 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 tooth brush export price stood at $X per unit in 2022, reducing by -13.4% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 28% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($X per unit), while the average price for exports to El Salvador ($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 Germany (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

Tooth Brush Imports

Imports into Mexico

In 2022, supplies from abroad of tooth brushes decreased by -1.3% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, continue to indicate a mild increase. The most prominent rate of growth was recorded in 2021 with an increase of 147%. Imports peaked at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, tooth brush imports rose rapidly to $X in 2022. The total import value increased at an average annual rate of +2.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 30% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest tooth brush supplier to Mexico, with a 64% share of total imports. Moreover, tooth brush imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), threefold. The United States (X units) ranked third in terms of total imports with a 10% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+20.4% per year) and the United States (-1.4% per year).

In value terms, China ($X) constituted the largest supplier of tooth brushes to Mexico, comprising 52% of total imports. The second position in the ranking was held by the United States ($X), with a 24% share of total imports. It was followed by Vietnam, with a 13% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+2.8% per year) and Vietnam (+18.3% per year).

Import Prices by Country

In 2022, the average tooth brush import price amounted to $X per unit, picking up by 9.5% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 37%. As a result, import price reached the peak level of $X per unit. From 2020 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 Germany ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+25.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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