Bulgaria: Market for Brooms, Brushes, And Mops 2024

Market Size for Brooms, Brushes, And Mops in Bulgaria

The Bulgarian broom, brush, and mop market rose remarkably to $X in 2022, growing by 7.2% against the previous year. In general, consumption, however, enjoyed strong growth. Broom, brush, and mop consumption peaked in 2022 and is expected to retain growth in years to come.

Production of Brooms, Brushes, And Mops in Bulgaria

In value terms, broom, brush, and mop production reached $X in 2022 estimated in export price. In general, production, however, saw a noticeable decrease. The most prominent rate of growth was recorded in 2018 with an increase of 40% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Exports of Brooms, Brushes, And Mops

Exports from Bulgaria

For the eleventh year in a row, Bulgaria recorded growth in shipments abroad of brooms, brushes, and mops, which increased by 5.7% to X units in 2022. Overall, exports saw resilient growth. The most prominent rate of growth was recorded in 2016 when exports increased by 41%. The exports peaked 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. In general, exports enjoyed a prominent increase. The pace of growth was the most pronounced in 2014 when exports increased by 62% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

Switzerland (X units), Saudi Arabia (X units) and Croatia (X units) were the main destinations of broom, brush, and mop exports from Bulgaria, together comprising 56% of total exports.

From 2012 to 2022, the biggest increases were recorded for Croatia (with a CAGR of +127.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for broom, brush, and mop exported from Bulgaria were Switzerland ($X), Saudi Arabia ($X) and Germany ($X), together accounting for 53% of total exports. Romania, Croatia, Serbia, Ukraine, Greece, Turkey, Moldova, Denmark and Hungary lagged somewhat behind, together accounting for a further 29%.

Croatia, with a CAGR of +120.1%, saw the highest growth rate of the value of exports, in terms of 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

In 2022, the average broom, brush, and mop export price amounted to $X per unit, with an increase of 1.6% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 26%. As a result, the export price reached the peak level of $X per unit. From 2016 to 2022, 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 Germany ($X per unit), while the average price for exports to Hungary ($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 Ukraine (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Brooms, Brushes, And Mops

Imports into Bulgaria

After two years of growth, supplies from abroad of brooms, brushes, and mops decreased by -8.2% to X units in 2022. Over the period under review, imports, however, recorded prominent growth. The growth pace was the most rapid in 2021 when imports increased by 37%. As a result, imports attained the peak of X units, and then fell in the following year.

In value terms, broom, brush, and mop imports amounted to $X in 2022. Overall, imports, however, continue to indicate a strong increase. The pace of growth appeared the most rapid in 2021 when imports increased by 30%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

Imports by Country

Germany (X units), China (X units) and Turkey (X units) were the main suppliers of broom, brush, and mop imports to Bulgaria, together accounting for 69% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +23.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest broom, brush, and mop suppliers to Bulgaria were China ($X), Germany ($X) and Poland ($X), together accounting for 52% of total imports. Turkey, Hungary, Romania, the Czech Republic, Italy and Slovenia lagged somewhat behind, together accounting for a further 36%.

In terms of the main suppliers, Turkey, with a CAGR of +21.6%, 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 average broom, brush, and mop import price amounted to $X per unit, increasing by 21% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Romania ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :