Singapore: 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 Singapore

The Singaporean market for hair brushes and shaving and toilet brushes for personal use surged to $X in 2022, growing by 54% against the previous year. Over the period under review, the total consumption indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +7.6% 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 -10.7% against 2020 indices. Hair, shaving and toilet brush consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

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

In value terms, hair, shaving and toilet brush production skyrocketed to $X in 2022 estimated in export price. In general, production showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 144%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

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

Exports from Singapore

In 2022, hair, shaving and toilet brush exports from Singapore dropped rapidly to X units, declining by -21.5% against the year before. Over the period under review, exports, however, continue to indicate resilient growth. The growth pace was the most rapid in 2014 with an increase of 139% against the previous year. The exports peaked at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, hair, shaving and toilet brush exports declined rapidly to $X in 2022. Overall, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2014 with an increase of 290% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Indonesia (X units) was the main destination for hair, shaving and toilet brush exports from Singapore, accounting for a 35% share of total exports. Moreover, hair, shaving and toilet brush exports to Indonesia exceeded the volume sent to the second major destination, China (X units), twofold. The third position in this ranking was held by Australia (X units), with an 8.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Indonesia totaled +13.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+99.9% per year) and Australia (+14.2% per year).

In value terms, China ($X) emerged as the key foreign market for hair brushes and shaving and toilet brushes for personal use exports from Singapore, comprising 47% of total exports. The second position in the ranking was held by South Korea ($X), with a 22% share of total exports. It was followed by Indonesia, with a 7.8% share.

From 2012 to 2022, the average annual growth rate of value to China totaled +116.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+47.1% per year) and Indonesia (+20.2% per year).

Export Prices by Country

The average export price for hair brushes and shaving and toilet brushes for personal use stood at $X per unit in 2022, picking up by 4.1% against the previous year. Over the period under review, the export price showed a buoyant expansion. The pace of growth was the most pronounced in 2021 when the average export price increased by 115% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Indonesia ($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 Malaysia (+12.3%), 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 Singapore

In 2022, supplies from abroad of hair brushes and shaving and toilet brushes for personal use was finally on the rise to reach X units after three years of decline. In general, imports enjoyed a pronounced expansion. The pace of growth was the most pronounced in 2013 with an increase of 58% against the previous year. Imports peaked at X units in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, hair, shaving and toilet brush imports amounted to $X in 2022. Over the period under review, imports enjoyed a remarkable increase. The pace of growth was the most pronounced in 2013 when imports increased by 43%. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Malaysia (X units) and South Korea (X units) were the main suppliers of hair, shaving and toilet brush imports to Singapore, with a combined 82% share of total imports.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +27.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Japan ($X) and Malaysia ($X) were the largest hair, shaving and toilet brush suppliers to Singapore, with a combined 76% share of total imports. The UK, South Korea, the United States, Hong Kong SAR, Germany and Mexico lagged somewhat behind, together accounting for a further 15%.

Among the main suppliers, South Korea, with a CAGR of +26.8%, recorded the highest rates of growth with regard to the value of imports, 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 import price for hair brushes and shaving and toilet brushes for personal use amounted to $X per unit, waning by -34.1% against the previous year. In general, the import price, however, recorded a prominent increase. The growth pace was the most rapid in 2019 an increase of 59%. Over the period under review, average import prices attained the peak figure at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($X per unit), while the price for Germany ($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 (+28.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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