Sri Lanka: Tooth Brush Market 2024

Tooth Brush Market Size in Sri Lanka

The Sri Lankan tooth brush market was estimated at $X in 2022, with an increase of 4.7% against the previous year. In general, consumption saw a strong expansion. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Tooth Brush Production in Sri Lanka

In value terms, tooth brush production stood at $X in 2022 estimated in export price. Over the period under review, production recorded strong growth. The growth pace was the most rapid in 2017 when the production volume increased by 28%. Tooth brush production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Tooth Brush Exports

Exports from Sri Lanka

In 2022, shipments abroad of tooth brushes decreased by -48.9% to X units, falling for the fourth year in a row after two years of growth. Over the period under review, exports, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2014 when exports increased by 465% against the previous year. Over the period under review, the exports attained the maximum at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, tooth brush exports contracted notably to $X in 2022. Overall, exports, however, posted a notable expansion. The most prominent rate of growth was recorded in 2014 with an increase of 528%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Maldives (X units) was the main destination for tooth brush exports from Sri Lanka, accounting for a 49% share of total exports. Moreover, tooth brush exports to Maldives exceeded the volume sent to the second major destination, Ukraine (X units), threefold. The third position in this ranking was taken by India (X units), with a 14% share.

From 2012 to 2022, the average annual growth rate of volume to Maldives totaled +10.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (0.0% per year) and India (+10.3% per year).

In value terms, Maldives ($X) remains the key foreign market for tooth brushes exports from Sri Lanka, comprising 70% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 6.2% share of total exports. It was followed by Kiribati, with a 6.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Maldives totaled +10.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+5.0% per year) and Kiribati (0.0% per year).

Export Prices by Country

The average tooth brush export price stood at $X per unit in 2022, with a decrease of -56.7% against the previous year. Overall, the export price recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2018 an increase of 18%. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then contracted dramatically in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($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 the United Arab Emirates (+3.0%), while the prices for the other major destinations experienced mixed trend patterns.

Tooth Brush Imports

Imports into Sri Lanka

Tooth brush imports into Sri Lanka dropped markedly to X units in 2022, falling by -89.2% on 2021. In general, imports continue to indicate a precipitous slump. The pace of growth appeared the most rapid in 2018 when imports increased by 505% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, tooth brush imports contracted notably to $X in 2022. Over the period under review, imports faced a dramatic downturn. The pace of growth was the most pronounced in 2018 when imports increased by 962%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X units) was the main tooth brush supplier to Sri Lanka, accounting for a 97% share of total imports. It was followed by the United States (X units), with a 1.7% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled -7.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-59.9% per year) and Hong Kong SAR (-58.8% per year).

In value terms, China ($X) constituted the largest supplier of tooth brushes to Sri Lanka, comprising 73% of total imports. The second position in the ranking was held by the United States ($X), with a 7.1% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to -9.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-49.6% per year) and Hong Kong SAR (-53.2% per year).

Import Prices by Country

In 2022, the average tooth brush import price amounted to $X per unit, which is down by -73.8% against the previous year. Over the period under review, the import price, however, saw a resilient increase. The pace of growth was the most pronounced in 2013 an increase of 300%. The import price peaked at $X per unit in 2021, and then dropped rapidly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+25.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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