Report Update Nov 1, 2024

Argentina - Brooms and Brushes of Twigs - Market Analysis, Forecast, Size, Trends and Insights

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Argentina: Twig Broom Market 2024

Twig Broom Market Size in Argentina

In 2021, after two years of growth, there was significant decline in the Argentinian twig broom market, when its value decreased by -6.8% to $X. Over the period under review, consumption showed a relatively flat trend pattern. Twig broom consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Twig Broom Production in Argentina

In value terms, twig broom production dropped to $X in 2021 estimated in export price. In general, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 20% against the previous year. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Twig Broom Exports

Exports from Argentina

In 2021, after two years of growth, there was significant decline in overseas shipments of brooms and brushes of twigs, when their volume decreased by -85% to X units. Over the period under review, exports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 265%. Over the period under review, the exports hit record highs at X units in 2020, and then contracted rapidly in the following year.

In value terms, twig broom exports shrank dramatically to $X in 2021. In general, exports, however, enjoyed buoyant growth. The growth pace was the most rapid in 2013 with an increase of 189%. Over the period under review, the exports attained the peak figure at $X in 2020, and then declined markedly in the following year.

Exports by Country

Uruguay (X units) was the main destination for twig broom exports from Argentina, accounting for a 26% share of total exports. Moreover, twig broom exports to Uruguay exceeded the volume sent to the second major destination, Vietnam (X units), twofold. Costa Rica (X units) ranked third in terms of total exports with a 3.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Uruguay totaled -2.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (+74.0% per year) and Costa Rica (-29.3% per year).

In value terms, Uruguay ($X) emerged as the key foreign market for brooms and brushes of twigs exports from Argentina, comprising 48% of total exports. The second position in the ranking was held by Vietnam ($X), with a 20% share of total exports. It was followed by Costa Rica, with a 5.9% share.

From 2012 to 2021, the average annual growth rate of value to Uruguay totaled +2.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (+97.3% per year) and Costa Rica (-25.5% per year).

Export Prices by Country

The average twig broom export price stood at $X per unit in 2021, shrinking by -31.4% against the previous year. In general, the export price continues to indicate a pronounced setback. The pace of growth appeared the most rapid in 2014 an increase of 37%. The export price peaked at $X per unit in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the countries with the highest prices were Iceland ($X per unit) and Vietnam ($X per unit), while the average price for exports to Costa Rica ($X per unit) and Uruguay ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.

Twig Broom Imports

Imports into Argentina

In 2021, twig broom imports into Argentina skyrocketed to X units, rising by 168% on the year before. Over the period under review, imports posted a prominent increase. The growth pace was the most rapid in 2013 with an increase of 841%. As a result, imports reached the peak of X units. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, twig broom imports skyrocketed to $X in 2021. In general, imports recorded prominent growth. The most prominent rate of growth was recorded in 2013 when imports increased by 1,024% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X units) was the main twig broom supplier to Argentina, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +8.3%.

In value terms, China ($X) constituted the largest supplier of brooms and brushes of twigs to Argentina.

From 2012 to 2021, the average annual growth rate of value from China stood at +15.3%.

Import Prices by Country

The average twig broom import price stood at $X per unit in 2021, picking up by 46% against the previous year. In general, the import price recorded prominent growth. The growth pace was the most rapid in 2015 an increase of 88%. As a result, import price attained the peak level of $X per unit. From 2016 to 2021, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to +6.5% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for brooms and brushes of twigs in the world?

China constituted the country with the largest volume of twig broom consumption, comprising approx. 19% of total volume. Moreover, twig broom consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 6.8% share.

What are the largest producers of brooms and brushes of twigs in the world?

The countries with the highest volumes of twig broom production in 2020 were China, Sri Lanka and India, with a combined 41% share of global production.

What are the leading suppliers of brooms and brushes of twigs to Argentina?

In value terms, China constituted the largest supplier of twig broom to Argentina.

What are the leading importers of brooms and brushes of twigs from Argentina?

In value terms, Chile remains the key foreign market for twig broom exports from Argentina, comprising 74% of total exports. The second position in the ranking was occupied by Paraguay, with a 22% share of total exports.

What is the average export price for brooms and brushes of twigs in Argentina?

The average twig broom export price stood at $1.4 per unit in 2020, picking up by 10% against the previous year.

What is the average import price for brooms and brushes of twigs in Argentina?

The average twig broom import price stood at $0.4 per unit in 2020, shrinking by -77% against the previous year.

This report provides an in-depth analysis of the twig broom market in Argentina. 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 32911110 - Brooms and brushes of twigs or other vegetable materials, b ound together

Country coverage:

Argentina

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Argentina
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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