South-Eastern Asia: Tooth Brush Market 2024

Tooth Brush Market Size in South-Eastern Asia

The Southeast Asian tooth brush market expanded notably to $X in 2022, picking up by 10% against the previous year. In general, consumption enjoyed a buoyant increase. Over the period under review, the market reached the peak level in 2022 and is likely to see steady growth in years to come.

Tooth Brush Production in South-Eastern Asia

In value terms, tooth brush production reduced modestly to $X in 2022 estimated in export price. Over the period under review, production posted prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of 69% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Tooth Brush Exports

Exports in South-Eastern Asia

In 2022, shipments abroad of tooth brushes increased by 5.2% to X units, rising for the third year in a row after four years of decline. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 20% against the previous year. The volume of export peaked at X units in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, tooth brush exports totaled $X in 2022. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 8.2%. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Thailand (X units) represented the key exporter of tooth brushes, making up 59% of total exports. Vietnam (X units) ranks second in terms of the total exports with a 21% share, followed by Malaysia (16%). Singapore (X units) held a little share of total exports.

Thailand was also the fastest-growing in terms of the tooth brushes exports, with a CAGR of +5.2% from 2012 to 2022. Malaysia (-2.0%), Vietnam (-3.5%) and Singapore (-5.6%) illustrated a downward trend over the same period. Thailand (+21 p.p.) significantly strengthened its position in terms of the total exports, while Singapore, Malaysia and Vietnam saw its share reduced by -1.6%, -5.2% and -11.2% from 2012 to 2022, respectively.

In value terms, Vietnam ($X), Thailand ($X) and Malaysia ($X) constituted the countries with the highest levels of exports in 2022, with a combined 93% share of total exports.

Malaysia, with a CAGR of +2.5%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per unit, standing approx. at the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 16% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+4.8%), while the other leaders experienced more modest paces of growth.

Tooth Brush Imports

Imports in South-Eastern Asia

In 2022, overseas purchases of tooth brushes were finally on the rise to reach X units for the first time since 2018, thus ending a three-year declining trend. The total import volume increased at an average annual rate of +4.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, tooth brush imports surged to $X in 2022. Total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +22.3% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of 25% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

Imports by Country

Thailand (X units) and the Philippines (X units) represented roughly 57% of total imports in 2022. It was distantly followed by Vietnam (X units), Malaysia (X units), Singapore (X units) and Myanmar (X units), together committing a 37% share of total imports. Indonesia (X units) held a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Myanmar (with a CAGR of +24.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest tooth brush importing markets in South-Eastern Asia were Thailand ($X), the Philippines ($X) and Vietnam ($X), together comprising 61% of total imports.

In terms of the main importing countries, the Philippines, with a CAGR of +21.9%, 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

The import price in South-Eastern Asia stood at $X per unit in 2022, which is down by -19.6% against the previous year. Import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when the import price increased by 18%. Over the period under review, import prices hit record highs at $X per unit in 2021, and then shrank remarkably in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Indonesia ($X per unit), while Myanmar ($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 (+5.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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