Croatia: Twig Broom Market 2024

Twig Broom Market Size in Croatia

In 2021, the Croatian twig broom market increased by 46% to $X, rising for the fourth consecutive year after two years of decline. Over the period under review, consumption posted buoyant growth. Over the period under review, the market reached the maximum level in 2021 and is likely to see steady growth in the immediate term.

Twig Broom Production in Croatia

In value terms, twig broom production dropped to $X in 2021 estimated in export price. Overall, production, however, saw resilient growth. The pace of growth was the most pronounced in 2018 with an increase of 1,057%. Over the period under review, production hit record highs at $X in 2020, and then dropped in the following year.

Twig Broom Exports

Exports from Croatia

In 2021, shipments abroad of brooms and brushes of twigs increased by 215% to X units for the first time since 2017, thus ending a three-year declining trend. In general, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2017 when exports increased by 452%. As a result, the exports attained the peak of X units. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, twig broom exports surged to $X in 2021. Overall, exports recorded resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of 164% against the previous year. The exports peaked in 2021 and are likely to see steady growth in years to come.

Exports by Country

Slovenia (X units) was the main destination for twig broom exports from Croatia, accounting for a 92% share of total exports. Moreover, twig broom exports to Slovenia exceeded the volume sent to the second major destination, Bosnia and Herzegovina (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Slovenia stood at +53.4%.

In value terms, Slovenia ($X) remains the key foreign market for brooms and brushes of twigs exports from Croatia, comprising 70% of total exports. The second position in the ranking was taken by Bosnia and Herzegovina ($X), with a 27% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Slovenia amounted to +47.9%.

Export Prices by Country

In 2021, the average twig broom export price amounted to $X per unit, falling by -38.6% against the previous year. In general, the export price recorded a deep slump. The pace of growth was the most pronounced in 2019 when the average export price increased by 115% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($X per unit), while the average price for exports to Slovenia stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+2.5%).

Twig Broom Imports

Imports into Croatia

In 2021, the amount of brooms and brushes of twigs imported into Croatia soared to X units, jumping by 109% on 2020 figures. Over the period under review, imports continue to indicate a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, twig broom imports soared to $X in 2021. The total import value increased at an average annual rate of +5.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when imports increased by 24% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Serbia (X units) was the main supplier of twig broom to Croatia, with a 91% share of total imports. Moreover, twig broom imports from Serbia exceeded the figures recorded by the second-largest supplier, Slovenia (X units), more than tenfold. China (X units) ranked third in terms of total imports with a 3% share.

From 2012 to 2021, the average annual growth rate of volume from Serbia amounted to +19.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (+142.3% per year) and China (+16.0% per year).

In value terms, Serbia ($X) constituted the largest supplier of brooms and brushes of twigs to Croatia, comprising 88% of total imports. The second position in the ranking was held by Slovenia ($X), with a 4.2% share of total imports. It was followed by Germany, with a 3.2% share.

From 2012 to 2021, the average annual growth rate of value from Serbia totaled +5.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (+116.3% per year) and Germany (+13.5% per year).

Import Prices by Country

In 2021, the average twig broom import price amounted to $X per unit, which is down by -43.1% against the previous year. Over the period under review, the import price faced a deep reduction. The pace of growth was the most pronounced in 2014 an increase of 13%. Over the period under review, average import prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

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 Germany ($X per unit), while the price for Serbia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (-6.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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