Thailand: Tooth Brush Market 2024

Tooth Brush Market Size in Thailand

The Thai tooth brush market skyrocketed to $X in 2022, jumping by 31% against the previous year. Over the period under review, consumption recorded a remarkable increase. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Tooth Brush Production in Thailand

In value terms, tooth brush production contracted to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a buoyant expansion. The growth pace was the most rapid in 2014 with an increase of 28%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Tooth Brush Exports

Exports from Thailand

In 2022, overseas shipments of tooth brushes increased by 6.7% to X units, rising for the second consecutive year after three years of decline. Overall, total exports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +21.2% against 2020 indices. The pace of growth appeared the most rapid in 2015 when exports increased by 28%. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, tooth brush exports amounted to $X in 2022. The total export value increased at an average annual rate of +1.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 30%. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Japan (X units) was the main destination for tooth brush exports from Thailand, accounting for a 45% share of total exports. Moreover, tooth brush exports to Japan exceeded the volume sent to the second major destination, Myanmar (X units), fourfold. Taiwan (Chinese) (X units) ranked third in terms of total exports with a 5.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Japan totaled +7.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Myanmar (+32.4% per year) and Taiwan (Chinese) (-1.5% per year).

In value terms, the largest markets for tooth brush exported from Thailand were Japan ($X), Myanmar ($X) and Lao People's Democratic Republic ($X), together accounting for 48% of total exports. Indonesia, Taiwan (Chinese), the Netherlands, Hong Kong SAR, Vietnam, Cambodia, the UK and South Korea lagged somewhat behind, together accounting for a further 30%.

The Netherlands, with a CAGR of +87.3%, saw the highest rates of growth with regard to 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, remaining constant against the previous year. In general, the export price, however, recorded a pronounced decrease. The pace of growth was the most pronounced in 2013 when the average export price increased by 21% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per unit), while the average price for exports to South Korea ($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 UK (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.

Tooth Brush Imports

Imports into Thailand

In 2022, approx. X units of tooth brushes were imported into Thailand; rising by 33% on 2021 figures. The total import volume increased at an average annual rate of +2.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Imports peaked at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, tooth brush imports skyrocketed to $X in 2022. Overall, 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 +26.6% against 2018 indices. The pace of growth appeared the most rapid in 2018 with an increase of 39%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

China (X units), Vietnam (X units) and India (X units) were the main suppliers of tooth brush imports to Thailand, with a combined 97% 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 India (with a CAGR of +11.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Vietnam ($X) and India ($X) were the largest tooth brush suppliers to Thailand, together comprising 93% of total imports.

India, with a CAGR of +12.6%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers 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 tooth brush import price amounted to $X per unit, reducing by -13.2% against the previous year. Over the period under review, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tooth brush import price increased by +67.4% against 2014 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 33% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2021, and then fell in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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