Asia-Pacific: Market for Brooms, Brushes, And Mops 2024

Market Size for Brooms, Brushes, And Mops in Asia-Pacific

The Asia-Pacific broom, brush, and mop market dropped modestly to $X in 2022, reducing by -1.6% against the previous year. The total consumption indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +2.9% 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 -8.8% against 2020 indices. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Brooms, Brushes, And Mops in Asia-Pacific

In value terms, broom, brush, and mop production stood at $X in 2022 estimated in export price. The total production indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +3.9% 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 -1.4% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 21%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Brooms, Brushes, And Mops

Exports in Asia-Pacific

In 2022, broom, brush, and mop exports in Asia-Pacific expanded significantly to X units, growing by 6.9% against 2021. The total export volume increased at an average annual rate of +4.2% over the period 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 9.4% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, broom, brush, and mop exports amounted to $X in 2022. Total exports indicated a prominent expansion 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 +109.8% against 2012 indices. The growth pace was the most rapid in 2021 with an increase of 23%. The level of export peaked in 2022 and is likely to continue growth in years to come.

Exports by Country

China prevails in exports structure, resulting at X units, which was near 91% of total exports in 2022. India (X units) and Thailand (X units) followed a long way behind the leaders.

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. While the share of China (+3.1 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest broom, brush, and mop supplier in Asia-Pacific, comprising 88% of total exports. The second position in the ranking was taken by India ($X), with a 1.6% share of total exports.

In China, broom, brush, and mop exports increased 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

The export price in Asia-Pacific stood at $X per unit in 2022, picking up by 2.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.4%. The most prominent rate of growth was recorded in 2021 when the export price increased by 12% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: 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-Pacific

In 2022, broom, brush, and mop imports in Asia-Pacific rose rapidly to X units, with an increase of 8.2% on 2021. The total import volume increased at an average annual rate of +4.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of 13%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, broom, brush, and mop imports rose slightly to $X in 2022. Total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +6.3% 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 +16.9% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of 13%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, China (X units), distantly followed by India (X units), Japan (X units), Thailand (X units), the Philippines (X units), South Korea (X units), Australia (X units), Taiwan (Chinese) (X units), Hong Kong SAR (X units) and Malaysia (X units) represented the major importers of brooms, brushes, and mops, together committing 84% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by India (with a CAGR of +13.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Australia ($X) and South Korea ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising 42% of total imports. China, Hong Kong SAR, Thailand, the Philippines, Malaysia, India and Taiwan (Chinese) lagged somewhat behind, together comprising a further 40%.

In terms of 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

The import price in Asia-Pacific stood at $X per unit in 2022, which is down by -3.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2021 when the import price increased by 8.5% against the previous year. As a result, import price reached the peak level of $X per unit, and then reduced modestly in the following year.

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