Asia: Market for Brooms, Brushes, And Mops 2024

Market Size for Brooms, Brushes, And Mops in Asia

The Asian broom, brush, and mop market shrank modestly to $X in 2022, therefore, remained relatively stable against the previous year. The total consumption indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -8.0% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Brooms, Brushes, And Mops in Asia

In value terms, broom, brush, and mop production amounted to $X in 2022 estimated in export price. The total production indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -0.7% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of 17%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Brooms, Brushes, And Mops

Exports in Asia

In 2022, the amount of brooms, brushes, and mops exported in Asia rose rapidly to X units, surging by 6.9% against the year before. The total export volume increased at an average annual rate of +4.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 9.1%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, broom, brush, and mop exports stood at $X in 2022. Total exports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +109.7% against 2012 indices. The growth pace was the most rapid in 2021 with an increase of 22% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

China prevails in exports structure, accounting for X units, which was approx. 90% of total exports in 2022. India (X units) and Thailand (X units) took a little share of total exports.

China was also the fastest-growing in terms of the brooms, brushes, and mops exports, with a CAGR of +4.5% from 2012 to 2022. At the same time, Thailand (+3.8%) and India (+1.9%) displayed positive paces of growth. From 2012 to 2022, the share of China increased by +2.9 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest broom, brush, and mop supplier in Asia, comprising 87% of total exports. The second position in the ranking was taken by India ($X), with a 1.6% share of total exports.

In China, broom, brush, and mop exports expanded at an average annual rate of +8.8% over the period from 2012-2022. In the other countries, the average annual rates were as follows: India (+6.9% per year) and Thailand (+1.2% per year).

Export Prices by Country

In 2022, the export price in Asia amounted to $X per unit, with an increase of 2.8% against the previous year. Over the last decade, it increased at an average annual rate of +3.4%. The most prominent rate of growth was recorded in 2021 an increase of 12% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was China ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.9%), while the other leaders experienced mixed trends in the export price figures.

Imports of Brooms, Brushes, And Mops

Imports in Asia

In 2022, approx. X units of brooms, brushes, and mops were imported in Asia; surging by 7.9% on 2021 figures. The total import volume increased at an average annual rate of +3.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 12% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, broom, brush, and mop imports stood at $X in 2022. Total imports indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +4.8% 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 +61.6% against 2013 indices. The pace of growth appeared the most rapid in 2021 with an increase of 12% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the near future.

Imports by Country

In 2022, China (X units), followed by India (X units), Japan (X units), Thailand (X units), the Philippines (X units), South Korea (X units), the United Arab Emirates (X units) and Taiwan (Chinese) (X units) were the largest importers of brooms, brushes, and mops, together committing 66% of total imports. Hong Kong SAR (X units), Malaysia (X units), Vietnam (X units), Turkey (X units) and Singapore (X units) held a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +13.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), South Korea ($X) and China ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 34% share of total imports. Hong Kong SAR, Vietnam, Thailand, the United Arab Emirates, the Philippines, Malaysia, India, Taiwan (Chinese), Turkey and Singapore lagged somewhat behind, together accounting for a further 44%.

Among the main importing countries, the Philippines, with a CAGR of +16.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia amounted to $X per unit, waning by -6.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2021 when the import price increased by 8.4% against the previous year. As a result, import price attained the peak level of $X per unit, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per unit), while India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+13.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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