Colombia: Market for Brooms, Brushes, And Mops 2024

Market Size for Brooms, Brushes, And Mops in Colombia

The Colombian broom, brush, and mop market contracted to $X in 2022, waning by -14.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +22.2% against 2020 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Exports of Brooms, Brushes, And Mops

Exports from Colombia

In 2022, approx. X units of brooms, brushes, and mops were exported from Colombia; jumping by 22% compared with the previous year. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 64% against the previous year. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, broom, brush, and mop exports skyrocketed to $X in 2022. Overall, exports, however, showed a noticeable reduction. The most prominent rate of growth was recorded in 2020 with an increase of 83%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Ecuador (X units) was the main destination for broom, brush, and mop exports from Colombia, accounting for a 58% share of total exports. Moreover, broom, brush, and mop exports to Ecuador exceeded the volume sent to the second major destination, the United States (X units), sevenfold. The third position in this ranking was taken by Peru (X units), with a 5.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ecuador totaled +4.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+6.8% per year) and Peru (-10.9% per year).

In value terms, Ecuador ($X) remains the key foreign market for brooms, brushes, and mops exports from Colombia, comprising 36% of total exports. The second position in the ranking was taken by the United States ($X), with a 15% share of total exports. It was followed by Peru, with an 8.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Ecuador was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+0.5% per year) and Peru (-9.0% per year).

Export Prices by Country

In 2022, the average broom, brush, and mop export price amounted to $X per unit, stabilizing at the previous year. In general, the export price, however, showed a pronounced downturn. The pace of growth was the most pronounced in 2020 an increase of 11% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($X per unit), while the average price for exports to Brazil ($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 France (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Brooms, Brushes, And Mops

Imports into Colombia

Broom, brush, and mop imports into Colombia dropped to X units in 2022, shrinking by -14.6% against 2021. Over the period under review, imports, however, posted a resilient expansion. The pace of growth was the most pronounced in 2021 when imports increased by 47% against the previous year. Over the period under review, imports reached the peak figure at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, broom, brush, and mop imports declined to $X in 2022. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 27% against the previous year. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

In 2022, China (X units) constituted the largest broom, brush, and mop supplier to Colombia, with a 64% share of total imports. Moreover, broom, brush, and mop imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), fivefold. Italy (X units) ranked third in terms of total imports with a 6.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+31.9% per year) and Italy (+31.5% per year).

In value terms, China ($X) constituted the largest supplier of brooms, brushes, and mops to Colombia, comprising 50% of total imports. The second position in the ranking was held by Vietnam ($X), with a 9.7% share of total imports. It was followed by Mexico, with an 8.3% share.

From 2012 to 2022, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+35.1% per year) and Mexico (-5.8% per year).

Import Prices by Country

In 2022, the average broom, brush, and mop import price amounted to $X per unit, rising by 4.7% against the previous year. Overall, the import price, however, continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2020 an increase of 42% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 the United States ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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