Argentina: Market for Brooms, Brushes, And Mops 2024

Market Size for Brooms, Brushes, And Mops in Argentina

The Argentinian broom, brush, and mop market stood at $X in 2022, with an increase of 7.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +52.0% against 2019 indices. Broom, brush, and mop consumption peaked in 2022 and is expected to retain growth in the immediate term.

Exports of Brooms, Brushes, And Mops

Exports from Argentina

In 2022, exports of brooms, brushes, and mops from Argentina surged to X units, increasing by 136% against 2021. Overall, exports, however, recorded a deep contraction. Over the period under review, the exports attained the maximum at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, broom, brush, and mop exports surged to $X in 2022. In general, exports, however, recorded a abrupt descent. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Paraguay (X units), Mexico (X units) and Uruguay (X units) were the main destinations of broom, brush, and mop exports from Argentina, with a combined 70% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mexico (with a CAGR of +76.8%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for broom, brush, and mop exported from Argentina were Uruguay ($X), Paraguay ($X) and Peru ($X), together comprising 71% of total exports.

In terms of the main countries of destination, Peru, with a CAGR of +36.5%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average broom, brush, and mop export price stood at $X per unit in 2022, which is down by -16.6% against the previous year. Overall, the export price showed a mild descent. The most prominent rate of growth was recorded in 2014 when the average export price increased by 61% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2016; however, from 2017 to 2022, the 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 Colombia ($X per unit), while the average price for exports to Mexico ($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 Colombia (+38.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Brooms, Brushes, And Mops

Imports into Argentina

In 2022, overseas purchases of brooms, brushes, and mops increased by 9% to X units, rising for the third year in a row after two years of decline. Overall, total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +6.0% 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 +27.0% against 2019 indices. The growth pace was the most rapid in 2013 with an increase of 17%. Imports peaked at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, broom, brush, and mop imports amounted to $X in 2022. In general, total imports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +7.1% 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 +56.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 31% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X units) constituted the largest supplier of broom, brush, and mop to Argentina, with a 49% share of total imports. Moreover, broom, brush, and mop imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), threefold. Brazil (X units) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+21.0% per year) and Brazil (+7.2% per year).

In value terms, China ($X) constituted the largest supplier of brooms, brushes, and mops to Argentina, comprising 55% of total imports. The second position in the ranking was held by Brazil ($X), with a 12% share of total imports. It was followed by Mexico, with an 8.1% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +8.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+5.7% per year) and Mexico (+0.1% per year).

Import Prices by Country

The average broom, brush, and mop import price stood at $X per unit in 2022, remaining stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The pace of growth was the most pronounced in 2021 an increase of 22%. As a result, import price attained the peak level of $X per unit, leveling off in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($X per unit), while the price for Vietnam ($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 (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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