Singapore: Tooth Brush Market 2024

Tooth Brush Market Size in Singapore

The Singaporean tooth brush market skyrocketed to $X in 2022, surging by 45% 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). Over the period under review, consumption recorded a tangible increase. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Tooth Brush Exports

Exports from Singapore

In 2022, tooth brush exports from Singapore contracted markedly to X units, shrinking by -25.1% against the previous year's figure. Over the period under review, exports saw a deep setback. The most prominent rate of growth was recorded in 2015 with an increase of 52%. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, tooth brush exports reduced markedly to $X in 2022. In general, exports recorded a slight decrease. The growth pace was the most rapid in 2015 with an increase of 38%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

The Philippines (X units), Thailand (X units) and Indonesia (X units) were the main destinations of tooth brush exports from Singapore, together comprising 52% of total exports. The United States, Malaysia, Vietnam, Australia, the United Arab Emirates, the UK, Hong Kong SAR, Cambodia, New Zealand and Brunei Darussalam lagged somewhat behind, together accounting for a further 41%.

From 2012 to 2022, the biggest increases were recorded for New Zealand (with a CAGR of +19.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for tooth brush exported from Singapore were Indonesia ($X), the Philippines ($X) and Malaysia ($X), together accounting for 58% of total exports. Thailand, Vietnam, the United States, the United Arab Emirates, Hong Kong SAR, Australia, Cambodia, Brunei Darussalam, the UK and New Zealand lagged somewhat behind, together accounting for a further 34%.

Hong Kong SAR, with a CAGR of +17.0%, recorded the highest growth rate of the value of exports, among the main countries of destination 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, increasing by 9.7% against the previous year. Over the period under review, the export price recorded a pronounced increase. The most prominent rate of growth was recorded in 2016 an increase of 54% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 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 Malaysia ($X per unit), while the average price for exports to the UK ($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 (+14.9%), while the prices for the other major destinations experienced more modest paces of growth.

Tooth Brush Imports

Imports into Singapore

Tooth brush imports into Singapore soared to X units in 2022, jumping by 36% compared with the year before. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when imports increased by 105% against the previous year. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, tooth brush imports rose markedly to $X in 2022. In general, imports continue to indicate pronounced growth. The pace of growth appeared the most rapid in 2019 with an increase of 99% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest tooth brush supplier to Singapore, accounting for a 61% share of total imports. Moreover, tooth brush imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), sevenfold. The third position in this ranking was taken by India (X units), with a 7.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (-8.9% per year) and India (+7.8% per year).

In value terms, China ($X) constituted the largest supplier of tooth brushes to Singapore, comprising 41% of total imports. The second position in the ranking was held by Ireland ($X), with a 9.7% share of total imports. It was followed by Thailand, with a 7.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Ireland (+0.7% per year) and Thailand (+3.9% per year).

Import Prices by Country

In 2022, the average tooth brush import price amounted to $X per unit, dropping by -17.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.8%. The most prominent rate of growth was recorded in 2013 an increase of 37%. The import price peaked at $X per unit in 2021, and then contracted markedly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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