Chile - Brooms and Brushes of Twigs - Market Analysis, Forecast, Size, Trends and Insights
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View PricingChile: Twig Broom Market 2024
Twig Broom Market Size in Chile
In 2021, the Chilean twig broom market increased by 48% to $X, rising for the second consecutive year after two years of decline. Overall, consumption enjoyed strong growth. Twig broom consumption peaked in 2021 and is expected to retain growth in the immediate term.
Twig Broom Production in Chile
In value terms, twig broom production declined significantly to $X in 2021 estimated in export price. In general, production recorded a pronounced shrinkage. The growth pace was the most rapid in 2020 when the production volume increased by 77%. Twig broom production peaked at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.
Twig Broom Exports
Exports from Chile
After two years of growth, shipments abroad of brooms and brushes of twigs decreased by -49% to X units in 2021. Over the period under review, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 2,134% against the previous year. As a result, the exports attained the peak of X units, and then reduced rapidly in the following year.
In value terms, twig broom exports fell significantly to $X in 2021. In general, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 2,152% against the previous year. As a result, the exports attained the peak of $X, and then fell significantly in the following year.
Exports by Country
Bolivia (X units) was the main destination for twig broom exports from Chile, accounting for a 69% share of total exports. Moreover, twig broom exports to Bolivia exceeded the volume sent to the second major destination, Peru (X units), fourfold. The third position in this ranking was taken by Paraguay (X units), with a 6.4% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to Bolivia amounted to +44.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (+48.0% per year) and Paraguay (+107.7% per year).
In value terms, Bolivia ($X) remains the key foreign market for brooms and brushes of twigs exports from Chile, comprising 68% of total exports. The second position in the ranking was held by Peru ($X), with a 20% share of total exports. It was followed by Paraguay, with a 6.9% share.
From 2012 to 2021, the average annual growth rate of value to Bolivia amounted to +24.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (+56.9% per year) and Paraguay (+121.5% per year).
Export Prices by Country
The average twig broom export price stood at $X per unit in 2021, surging by 29% against the previous year. Over the period under review, the export price, however, showed a deep reduction. The pace of growth appeared the most rapid in 2016 an increase of 66%. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Paraguay ($X per unit), while the average price for exports to Colombia ($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 Paraguay (+6.5%), while the prices for the other major destinations experienced mixed trend patterns.
Twig Broom Imports
Imports into Chile
Twig broom imports into Chile soared to X units in 2021, picking up by 22% on the previous year's figure. In general, imports showed a strong increase. The most prominent rate of growth was recorded in 2020 when imports increased by 279%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.
In value terms, twig broom imports surged to $X in 2021. Over the period under review, imports saw a remarkable increase. The pace of growth was the most pronounced in 2020 when imports increased by 270%. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in the near future.
Imports by Country
In 2021, China (X units) was the main supplier of twig broom to Chile, with a 94% share of total imports. It was followed by Colombia (X units), with a 2.1% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +19.0%.
In value terms, China ($X) constituted the largest supplier of brooms and brushes of twigs to Chile, comprising 79% of total imports. The second position in the ranking was held by Colombia ($X), with a 1.5% share of total imports.
From 2012 to 2021, the average annual growth rate of value from China amounted to +19.1%.
Import Prices by Country
The average twig broom import price stood at $X per unit in 2021, increasing by 41% against the previous year. Over the period under review, the import price, however, showed a slight curtailment. The growth pace was the most rapid in 2019 an increase of 53% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per unit), while the price for Colombia totaled $X per unit.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+0.1%).
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the twig broom market in Chile. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32911110 - Brooms and brushes of twigs or other vegetable materials, b ound together
Country coverage:
- Chile
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Chile
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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