Malaysia: Toothpaste Market 2022

Toothpaste Market Size in Malaysia

The Malaysian toothpaste market skyrocketed to $X in 2021, growing by X% against the previous year. Overall, consumption enjoyed a strong expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Toothpaste Production in Malaysia

In value terms, toothpaste production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production, however, showed a abrupt setback. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Toothpaste Exports

Exports from Malaysia

In 2021, the amount of toothpaste, denture cleaners and other dentifrices exported from Malaysia stood at X tons, approximately mirroring the previous year's figure. In general, exports, however, continue to indicate a pronounced descent. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, toothpaste exports expanded sharply to $X in 2021. Overall, total exports indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2014 indices. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Singapore (X tons) was the main destination for toothpaste exports from Malaysia, accounting for a X% share of total exports. Moreover, toothpaste exports to Singapore exceeded the volume sent to the second major destination, Thailand (X tons), twofold. The United States (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Singapore amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (-X% per year) and the United States (+X% per year).

In value terms, Singapore ($X) remains the key foreign market for toothpaste exports from Malaysia, comprising X% of total exports. The second position in the ranking was taken by Thailand ($X), with a X% share of total exports. It was followed by Brunei Darussalam, with an X% share.

From 2012 to 2021, the average annual growth rate of value to Singapore stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (-X% per year) and Brunei Darussalam (+X% per year).

Export Prices by Country

In 2021, the average toothpaste export price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, export price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, toothpaste export price increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was South Korea ($X per ton), while the average price for exports to Turkmenistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Toothpaste Imports

Imports into Malaysia

In 2021, supplies from abroad of toothpaste, denture cleaners and other dentifrices increased by X% to X tons, rising for the second year in a row after three years of decline. Overall, imports recorded a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, toothpaste imports surged to $X in 2021. In general, imports enjoyed a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Thailand (X tons) and India (X tons) were the main suppliers of toothpaste imports to Malaysia, with a combined X% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest toothpaste suppliers to Malaysia were China ($X), Thailand ($X) and India ($X), together accounting for X% of total imports.

China, with a CAGR of +X%, recorded the highest growth rate of the value of imports, in terms of 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 2021, the average toothpaste import price amounted to $X per ton, waning by -X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2021, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were China ($X per ton) and Thailand ($X per ton), while the price for Indonesia ($X per ton) and India ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

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