Central Asia: Twig Broom Market 2024

Twig Broom Market Size in Central Asia

The Central Asian twig broom market skyrocketed to $X in 2021, surging by 255% against the previous year. In general, consumption continues to indicate significant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Twig Broom Production in Central Asia

In value terms, twig broom production fell markedly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 764%. Over the period under review, production reached the maximum level at $X in 2020, and then dropped significantly in the following year.

Twig Broom Exports

Exports in Central Asia

In 2021, the amount of brooms and brushes of twigs exported in Central Asia fell remarkably to X units, which is down by -75.6% against the year before. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2017 when exports increased by 28,079%. As a result, the exports reached the peak of X units. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, twig broom exports contracted significantly to $X in 2021. Overall, exports, however, posted a significant expansion. The growth pace was the most rapid in 2017 with an increase of 15,210% against the previous year. Over the period under review, the exports hit record highs at $X in 2020, and then reduced remarkably in the following year.

Exports by Country

Uzbekistan dominates exports structure, amounting to X units, which was near 92% of total exports in 2021. It was distantly followed by Turkmenistan (X units), achieving a 6.5% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to twig broom exports from Uzbekistan stood at -34.0%. At the same time, Turkmenistan (+339.7%) displayed positive paces of growth. Moreover, Turkmenistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of +339.7% from 2012-2021. While the share of Uzbekistan (+91 p.p.) and Turkmenistan (+5.5 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Uzbekistan ($X) remains the largest twig broom supplier in Central Asia, comprising 96% of total exports. The second position in the ranking was taken by Turkmenistan ($X), with a 3% share of total exports.

In Uzbekistan, twig broom exports increased at an average annual rate of +20.2% over the period from 2012-2021.

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2021, increasing by 140% against the previous year. In general, the export price recorded strong growth. The most prominent rate of growth was recorded in 2020 when the export price increased by 190%. Over the period under review, the export prices hit record highs in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Uzbekistan ($X per unit), while Turkmenistan totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+82.2%).

Twig Broom Imports

Imports in Central Asia

Twig broom imports surged to X units in 2021, picking up by 25% against 2020 figures. Over the period under review, imports posted a moderate expansion. The pace of growth was the most pronounced in 2020 with an increase of 92% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the immediate term.

In value terms, twig broom imports contracted to $X in 2021. Overall, imports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 192% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Kyrgyzstan prevails in imports structure, reaching X units, which was approx. 86% of total imports in 2021. It was distantly followed by Kazakhstan (X units), mixing up a 9.8% share of total imports. Mongolia (X units) held a minor share of total imports.

Kyrgyzstan was also the fastest-growing in terms of the brooms and brushes of twigs imports, with a CAGR of +43.0% from 2012 to 2021. At the same time, Mongolia (+33.4%) displayed positive paces of growth. By contrast, Kazakhstan (-20.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Kyrgyzstan and Mongolia increased by +82 and +2.3 percentage points, respectively.

In value terms, the largest twig broom importing markets in Central Asia were Kyrgyzstan ($X), Kazakhstan ($X) and Mongolia ($X), with a combined 92% share of total imports.

In terms of the main importing countries, Kyrgyzstan, with a CAGR of +33.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Central Asia stood at $X per unit in 2021, falling by -28.4% against the previous year. Overall, the import price recorded a deep downturn. The pace of growth was the most pronounced in 2017 an increase of 76%. The level of import peaked at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+2.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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