Belgium: Twig Broom Market 2024

Twig Broom Market Size in Belgium

The Belgian twig broom market skyrocketed to $X in 2021, picking up by 44% against the previous year. The market value increased at an average annual rate of +2.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Twig broom consumption peaked at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Twig Broom Production in Belgium

In value terms, twig broom production expanded remarkably to $X in 2021 estimated in export price. In general, the total production indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +8.4% 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 -6.8% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by 41% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Twig Broom Exports

Exports from Belgium

In 2021, shipments abroad of brooms and brushes of twigs increased by 84% to X units, rising for the sixth consecutive year after three years of decline. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2017 when exports increased by 1,344%. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, twig broom exports surged to $X in 2021. Overall, exports posted a significant expansion. The growth pace was the most rapid in 2017 when exports increased by 1,120%. The exports peaked in 2021 and are likely to continue growth in the near future.

Exports by Country

France (X units), Germany (X units) and the Netherlands (X units) were the main destinations of twig broom exports from Belgium, with a combined 91% share of total exports. These countries were followed by Sweden and the UK, which together accounted for a further 3.6%.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +81.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for twig broom exported from Belgium were Germany ($X), France ($X) and the Netherlands ($X), together accounting for 86% of total exports.

In terms of the main countries of destination, Germany, with a CAGR of +65.9%, 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 more modest paces of growth.

Export Prices by Country

In 2021, the average twig broom export price amounted to $X per unit, with a decrease of -23.3% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 90%. As a result, the export price reached the peak level of $X per unit. From 2016 to 2021, the average 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 the UK ($X per unit), while the average price for exports to France ($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 the Netherlands (-3.4%), while the prices for the other major destinations experienced a decline.

Twig Broom Imports

Imports into Belgium

In 2021, the amount of brooms and brushes of twigs imported into Belgium surged to X units, rising by 145% compared with the previous year's figure. Over the period under review, imports saw a strong increase. The most prominent rate of growth was recorded in 2020 when imports increased by 196%. Over the period under review, imports attained the peak figure in 2021 and are likely to continue growth in the immediate term.

In value terms, twig broom imports surged to $X in 2021. Overall, imports recorded prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Sri Lanka (X units) and the Netherlands (X units) were the main suppliers of twig broom imports to Belgium, with a combined 78% share of total imports. France, Denmark, Serbia, Germany and Italy lagged somewhat behind, together comprising a further 18%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Denmark (with a CAGR of +142.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest twig broom suppliers to Belgium were the Netherlands ($X), Sri Lanka ($X) and France ($X), together comprising 75% of total imports. These countries were followed by China, Germany, Serbia, Denmark and Italy, which together accounted for a further 22%.

Denmark, with a CAGR of +100.8%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average twig broom import price amounted to $X per unit, reducing by -18.8% against the previous year. Overall, the import price continues to indicate a pronounced setback. The most prominent rate of growth was recorded in 2016 an increase of 26%. The import price peaked at $X per unit in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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