Republic of Korea - Tooth Brushes - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Republic of Korea - Tooth Brushes - Market Analysis, Forecast, Size, Trends And Insights

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Tooth Brush Price in South Korea - 2022

Contents:

  1. Tooth Brush Price in South Korea (CIF) - 2022
  2. Tooth Brush Price in South Korea (FOB) - 2022
  3. Tooth Brush Imports in South Korea
  4. Tooth Brush Exports in South Korea

Tooth Brush Price in South Korea (CIF) - 2022

The average tooth brush import price stood at $0.7 per unit in 2022, shrinking by -5.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The growth pace was the most rapid in 2014 an increase of 16% against the previous year. Over the period under review, average import prices reached the maximum at $0.7 per unit in 2021, and then contracted in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Vietnam ($0.7 per unit) and India ($0.7 per unit), while the price for China ($0.7 per unit) and Ireland ($0.7 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Tooth Brush Price in South Korea (FOB) - 2022

The average tooth brush export price stood at $0.8 per unit in 2022, picking up by 18% against the previous year. Overall, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 an increase of 56%. Over the period under review, the average export prices hit record highs at $0.9 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Vietnam ($0.8 per unit) and Russia ($0.8 per unit), while the average price for exports to Singapore ($0.8 per unit) and Malaysia ($0.8 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Tooth Brush Imports in South Korea

In 2022, supplies from abroad of tooth brushes was finally on the rise to reach 119M units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a deep slump. Over the period under review, imports reached the peak figure at 162M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, tooth brush imports reduced slightly to $78M in 2022. Overall, imports, however, continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 1% against the previous year. Over the period under review, imports attained the peak figure at $97M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Tooth Brush in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China35.530.133.036.00.5%
Vietnam10.69.39.510.0-1.9%
Germany10.59.48.49.1-4.7%
United States12.07.37.96.1-20.2%
Japan4.94.14.34.0-6.5%
India5.55.45.83.9-10.8%
Malaysia4.94.54.43.5-10.6%
Ireland9.84.75.62.3-38.3%
Others3.76.63.53.5-1.8%
Total97.481.682.478.3-7.0%

Top Suppliers of Tooth Brush to South Korea in 2022:

  1. China (55.0M units)
  2. Vietnam (15.3M units)
  3. Germany (13.9M units)
  4. United States (9.3M units)
  5. Japan (6.0M units)
  6. India (6.0M units)
  7. Malaysia (5.3M units)
  8. Ireland (3.5M units)

Tooth Brush Exports in South Korea

In 2022, overseas shipments of tooth brushes decreased by -15.8% to 26M units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. As a result, the exports reached the peak of 31M units, and then declined significantly in the following year.

In value terms, tooth brush exports shrank slightly to $21M in 2022. The total export value increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 4.9% against the previous year. As a result, the exports reached the peak of $22M, leveling off in the following year.

Export of Tooth Brush in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan1.62.73.43.124.7%
Russia1.11.72.03.141.3%
China6.65.04.82.9-24.0%
United States2.11.72.02.67.4%
Taiwan (Chinese)2.72.42.32.0-9.5%
Singapore0.40.70.41.244.2%
Malaysia0.71.11.40.98.7%
Thailand1.20.90.90.8-12.6%
Vietnam1.20.90.80.7-16.4%
Kazakhstan0.10.10.30.571.0%
BrazilN/AN/AN/A0.40%
Mongolia0.20.20.30.426.0%
Others2.93.22.92.8-1.2%
Total20.820.621.621.51.1%

Top Export Markets for Tooth Brush from South Korea in 2022:

  1. Japan (3.8M units)
  2. Russia (3.8M units)
  3. China (3.5M units)
  4. United States (3.2M units)
  5. Taiwan (Chinese) (2.5M units)
  6. Singapore (1.5M units)
  7. Malaysia (1.1M units)
  8. Thailand (1.0M units)
  9. Vietnam (0.9M units)
  10. Kazakhstan (0.7M units)
  11. Brazil (0.5M units)
  12. Mongolia (0.5M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the tooth brush market in Republic of Korea. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 32911210 - Tooth brushes

Country coverage:

  • South Korea

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Republic of Korea
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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