Eastern Asia: Market for Non-Motorised Hand-Operated Mechanical Floor Sweepers 2024

Market Size for Non-Motorised Hand-Operated Mechanical Floor Sweepers in Eastern Asia

The East Asian mechanical hand floor sweeper market dropped modestly to $X in 2022, shrinking by -4.3% against the previous year. In general, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Production of Non-Motorised Hand-Operated Mechanical Floor Sweepers in Eastern Asia

In value terms, mechanical hand floor sweeper production contracted to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of 21%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Exports of Non-Motorised Hand-Operated Mechanical Floor Sweepers

Exports in Eastern Asia

In 2022, shipments abroad of non-motorised hand-operated mechanical floor sweepers increased by 12% to X units, rising for the fifth consecutive year after two years of decline. Over the period under review, exports recorded a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 70%. The volume of export peaked in 2022 and is likely to see steady growth in the immediate term.

In value terms, mechanical hand floor sweeper exports expanded markedly to $X in 2022. In general, exports saw resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by 22% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

In 2022, China (X units) represented the main exporter of non-motorised hand-operated mechanical floor sweepers in Eastern Asia, constituting 99% of total export.

China was also the fastest-growing in terms of the non-motorised hand-operated mechanical floor sweepers exports, with a CAGR of +10.0% from 2012 to 2022. China (+3.3 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest mechanical hand floor sweeper supplier in Eastern Asia.

From 2012 to 2022, the average annual growth rate of value in China totaled +8.4%.

Export Prices by Country

The export price in Eastern Asia stood at $X per unit in 2022, shrinking by -3.7% against the previous year. In general, the export price saw a mild decrease. The most prominent rate of growth was recorded in 2017 when the export price increased by 18% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -1.4% per year.

Imports of Non-Motorised Hand-Operated Mechanical Floor Sweepers

Imports in Eastern Asia

In 2022, the amount of non-motorised hand-operated mechanical floor sweepers imported in Eastern Asia shrank to X units, waning by -3.4% compared with 2021 figures. The total import volume increased at an average annual rate of +1.5% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 6.8% against the previous year. As a result, imports attained the peak of X units, and then declined slightly in the following year.

In value terms, mechanical hand floor sweeper imports dropped modestly to $X in 2022. The total import value increased at an average annual rate of +3.1% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 16% against the previous year. As a result, imports attained the peak of $X, and then declined slightly in the following year.

Imports by Country

Japan was the key importer of non-motorised hand-operated mechanical floor sweepers in Eastern Asia, with the volume of imports amounting to X units, which was near 51% of total imports in 2022. South Korea (X units) ranks second in terms of the total imports with a 23% share, followed by Taiwan (Chinese) (15%) and Hong Kong SAR (6.7%). China (X units) followed a long way behind the leaders.

Japan experienced a relatively flat trend pattern with regard to volume of imports of non-motorised hand-operated mechanical floor sweepers. At the same time, South Korea (+8.4%) and Taiwan (Chinese) (+5.6%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +8.4% from 2012-2022. By contrast, Hong Kong SAR (-4.0%) and China (-4.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Korea and Taiwan (Chinese) increased by +11 and +4.9 percentage points, respectively.

In value terms, Japan ($X) constitutes the largest market for imported non-motorised hand-operated mechanical floor sweepers in Eastern Asia, comprising 57% of total imports. The second position in the ranking was taken by South Korea ($X), with a 20% share of total imports. It was followed by Taiwan (Chinese), with a 9.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Japan amounted to +2.0%. In the other countries, the average annual rates were as follows: South Korea (+11.7% per year) and Taiwan (Chinese) (+4.2% per year).

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per unit, flattening at the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The pace of growth appeared the most rapid in 2021 when the import price increased by 8.9% against the previous year. As a result, import price attained the peak level of $X per unit, leveling off in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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