Vietnam: Tooth Brush Market 2024

Tooth Brush Market Size in Vietnam

After four years of decline, the Vietnamese tooth brush market increased by 1.6% to $X in 2022. In general, consumption enjoyed a buoyant expansion. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Tooth Brush Production in Vietnam

In value terms, tooth brush production reduced to $X in 2022 estimated in export price. In general, production showed a mild decrease. The growth pace was the most rapid in 2017 with an increase of 44% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Tooth Brush Exports

Exports from Vietnam

In 2022, exports of tooth brushes from Vietnam dropped to X units, with a decrease of -8.5% against the previous year's figure. Over the period under review, exports recorded a noticeable downturn. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, tooth brush exports totaled $X in 2022. Overall, exports continue to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2014 when exports increased by 20%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Myanmar (X units) was the main destination for tooth brush exports from Vietnam, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Myanmar totaled +106.8%.

In value terms, Myanmar ($X) emerged as the key foreign market for tooth brushes exports from Vietnam.

From 2012 to 2022, the average annual rate of growth in terms of value to Myanmar stood at +112.8%.

Export Prices by Country

The average tooth brush export price stood at $X per unit in 2022, rising by 10% against the previous year. Overall, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tooth brush export price decreased by -12.4% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 28%. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Myanmar.

From 2012 to 2022, the rate of growth in terms of prices for Myanmar amounted to +2.9% per year.

Tooth Brush Imports

Imports into Vietnam

Tooth brush imports into Vietnam expanded modestly to X units in 2022, surging by 2.7% on the previous year. In general, total imports indicated a perceptible increase from 2012 to 2022: its volume increased at an average annual rate of +3.6% 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 +21.8% against 2019 indices. The pace of growth was the most pronounced in 2014 with an increase of 70%. Over the period under review, imports reached the maximum at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, tooth brush imports reached $X in 2022. Overall, imports continue to indicate strong growth. The growth pace was the most rapid in 2014 when imports increased by 110%. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) was the main tooth brush supplier to Vietnam, accounting for a 95% share of total imports. It was followed by India (X units), with a 3.1% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +6.2%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+30.7% per year) and South Korea (-9.0% per year).

In value terms, China ($X) constituted the largest supplier of tooth brushes to Vietnam, comprising 91% of total imports. The second position in the ranking was held by India ($X), with a 2.3% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China stood at +11.9%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+23.0% per year) and South Korea (-8.3% per year).

Import Prices by Country

In 2022, the average tooth brush import price amounted to $X per unit, declining by -1.9% against the previous year. Overall, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.9% 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 +12.7% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by 30% against the previous year. As a result, import price reached the peak level of $X per unit. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per unit), while the price for India ($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 (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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