Czech Republic: Twig Broom Market 2024

Twig Broom Market Size in the Czech Republic

The Czech twig broom market amounted to $X in 2021, picking up by 1.8% against the previous year. Overall, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market remained at a somewhat lower figure.

Twig Broom Production in the Czech Republic

In value terms, twig broom production reached $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.0% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Twig Broom Exports

Exports from the Czech Republic

For the third year in a row, the Czech Republic recorded growth in overseas shipments of brooms and brushes of twigs, which increased by 53% to X units in 2021. Overall, exports recorded buoyant growth. The most prominent rate of growth was recorded in 2019 with an increase of 71%. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in years to come.

In value terms, twig broom exports rose to $X in 2021. Over the period under review, total exports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +7.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -10.9% against 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of 41%. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Slovakia (X units), Poland (X units) and Germany (X units) were the main destinations of twig broom exports from the Czech Republic, together accounting for 69% of total exports. Hungary, Serbia, Romania, Croatia, France and Bosnia and Herzegovina lagged somewhat behind, together comprising a further 25%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +52.4%), while the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X) remains the key foreign market for brooms and brushes of twigs exports from the Czech Republic, comprising 40% of total exports. The second position in the ranking was held by Poland ($X), with a 19% share of total exports. It was followed by Germany, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Slovakia amounted to +10.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+18.6% per year) and Germany (+46.3% per year).

Export Prices by Country

In 2021, the average twig broom export price amounted to $X per unit, declining by -32.1% against the previous year. Overall, the export price recorded a abrupt setback. The growth pace was the most rapid in 2018 when the average export price increased by 42% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Slovakia ($X per unit), while the average price for exports to France ($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 Germany (-2.9%), while the prices for the other major destinations experienced a decline.

Twig Broom Imports

Imports into the Czech Republic

In 2021, the amount of brooms and brushes of twigs imported into the Czech Republic skyrocketed to X units, rising by 86% against 2020. Over the period under review, imports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2015 when imports increased by 145%. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, twig broom imports surged to $X in 2021. Overall, imports posted a strong increase. The most prominent rate of growth was recorded in 2015 with an increase of 112% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Serbia (X units), Poland (X units) and China (X units) were the main suppliers of twig broom imports to the Czech Republic, together comprising 62% of total imports. These countries were followed by Slovakia, Germany, Sweden, Italy and the Netherlands, which together accounted for a further 32%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sweden (with a CAGR of +155.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Serbia ($X), Poland ($X) and Sweden ($X) appeared to be the largest twig broom suppliers to the Czech Republic, together comprising 61% of total imports.

In terms of the main suppliers, Sweden, with a CAGR of +95.2%, saw the highest rates of growth with regard to 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 2021, the average twig broom import price amounted to $X per unit, reducing by -36% against the previous year. In general, the import price showed a abrupt descent. The pace of growth appeared the most rapid in 2018 an increase of 13% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2021, the average 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 Sweden ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (-3.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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