Sri Lanka: 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 Sri Lanka

The Sri Lankan market for hair brushes and shaving and toilet brushes for personal use shrank modestly to $X in 2022, therefore, remained relatively stable against the previous year. In general, consumption recorded a relatively flat trend pattern. Hair, shaving and toilet brush consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Hair Brushes And Shaving And Toilet Brushes For Personal Use in Sri Lanka

In value terms, hair, shaving and toilet brush production fell to $X in 2022 estimated in export price. Overall, production continues to indicate a mild decrease. The pace of growth appeared the most rapid in 2014 with an increase of 21% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

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

Exports from Sri Lanka

Hair, shaving and toilet brush exports from Sri Lanka contracted rapidly to X units in 2022, shrinking by -66.1% on the previous year's figure. In general, exports faced a deep slump. The pace of growth appeared the most rapid in 2016 with an increase of 130%. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, hair, shaving and toilet brush exports fell dramatically to $X in 2022. Overall, exports faced a dramatic contraction. The pace of growth appeared the most rapid in 2016 with an increase of 113%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Belgium (X units) was the main destination for hair, shaving and toilet brush exports from Sri Lanka, with a 59% share of total exports. Moreover, hair, shaving and toilet brush exports to Belgium exceeded the volume sent to the second major destination, the United States (X units), sixfold. New Zealand (X units) ranked third in terms of total exports with a 7.6% share.

From 2012 to 2022, the average annual growth rate of volume to Belgium stood at -18.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-21.2% per year) and New Zealand (+16.6% per year).

In value terms, Belgium ($X) remains the key foreign market for hair brushes and shaving and toilet brushes for personal use exports from Sri Lanka, comprising 43% of total exports. The second position in the ranking was taken by the United States ($X), with a 16% share of total exports. It was followed by Australia, with a 16% share.

From 2012 to 2022, the average annual growth rate of value to Belgium totaled -22.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-21.4% per year) and Australia (-2.4% 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, with an increase of 7.6% against the previous year. Over the period under review, the export price, however, showed a mild setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 66%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to Ukraine (less than $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 India (+9.3%), 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 Sri Lanka

In 2022, purchases abroad of hair brushes and shaving and toilet brushes for personal use was finally on the rise to reach X units for the first time since 2018, thus ending a three-year declining trend. In general, imports, however, saw a deep slump. The pace of growth was the most pronounced in 2018 with an increase of 265% against the previous year. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, hair, shaving and toilet brush imports rose sharply to $X in 2022. Over the period under review, imports, however, faced a drastic downturn. The growth pace was the most rapid in 2018 when imports increased by 326% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X units), the United States (X units) and Japan (X units) were the main suppliers of hair, shaving and toilet brush imports to Sri Lanka, with a combined 96% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +34.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of hair brushes and shaving and toilet brushes for personal use to Sri Lanka, comprising 47% of total imports. The second position in the ranking was held by Greece ($X), with a 17% share of total imports. It was followed by the United States, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled -9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (+31.7% per year) and the United States (-9.2% per year).

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, with a decrease of -39.7% against the previous year. In general, the import price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2017 an increase of 60% against the previous year. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+26.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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