Austria: Twig Broom Market 2024

Twig Broom Market Size in Austria

The Austrian twig broom market reached $X in 2021, rising by 10% against the previous year. The market value increased at an average annual rate of +1.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level in 2021 and is likely to see steady growth in the near future.

Twig Broom Production in Austria

In value terms, twig broom production reached $X in 2021 estimated in export price. Overall, the total production indicated a modest expansion from 2012 to 2021: its value increased at an average annual rate of +1.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -0.7% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by 32% against the previous year. Twig broom production peaked at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Twig Broom Exports

Exports from Austria

In 2021, overseas shipments of brooms and brushes of twigs increased by 304% to X units, rising for the second consecutive year after three years of decline. Over the period under review, exports enjoyed a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, twig broom exports skyrocketed to $X in 2021. Overall, exports, however, continue to indicate a abrupt shrinkage. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Greece (X units) was the main destination for twig broom exports from Austria, accounting for a 33% share of total exports. Moreover, twig broom exports to Greece exceeded the volume sent to the second major destination, Romania (X units), threefold. The third position in this ranking was taken by Germany (X units), with a 10% share.

From 2012 to 2021, the average annual growth rate of volume to Greece amounted to +134.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+79.1% per year) and Germany (+14.5% per year).

In value terms, Germany ($X), Romania ($X) and Italy ($X) constituted the largest markets for twig broom exported from Austria worldwide, with a combined 48% share of total exports. Poland, Hungary, Greece, Slovenia, the Czech Republic, Bulgaria, Croatia, Montenegro, Cyprus and France lagged somewhat behind, together accounting for a further 44%.

Poland, with a CAGR of +147.7%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average twig broom export price stood at $X per unit in 2021, dropping by -59.4% against the previous year. Over the period under review, the export price faced a deep contraction. The pace of growth appeared the most rapid in 2014 an increase of 38%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Greece ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (-7.9%), while the prices for the other major destinations experienced a decline.

Twig Broom Imports

Imports into Austria

In 2021, overseas purchases of brooms and brushes of twigs increased by 113% to X units, rising for the second consecutive year after three years of decline. Over the period under review, imports enjoyed prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, twig broom imports soared to $X in 2021. In general, imports saw a relatively flat trend pattern. Over the period under review, imports reached the maximum at $X in 2014; afterwards, it flattened through to 2021.

Imports by Country

Serbia (X units), Germany (X units) and Poland (X units) were the main suppliers of twig broom imports to Austria, together comprising 89% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +35.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Serbia ($X), Germany ($X) and China ($X) constituted the largest twig broom suppliers to Austria, with a combined 86% share of total imports. Poland, Sri Lanka and Italy lagged somewhat behind, together accounting for a further 10%.

Poland, with a CAGR of +23.0%, recorded the highest rates of growth with regard to 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

The average twig broom import price stood at $X per unit in 2021, which is down by -30.9% against the previous year. Over the period under review, the import price recorded a abrupt curtailment. The growth pace was the most rapid in 2018 an increase of 17% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, 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 a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :