EU: Twig Broom Market 2024

Twig Broom Market Size in the EU

The EU twig broom market soared to $X in 2021, jumping by 24% against the previous year. The total consumption indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +106.0% against 2016 indices. Over the period under review, the market reached the maximum level in 2021 and is likely to continue growth in the immediate term.

Twig Broom Production in the EU

In value terms, twig broom production rose modestly to $X in 2021 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the production volume increased by 40%. As a result, production attained the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Twig Broom Exports

Exports in the EU

In 2021, overseas shipments of brooms and brushes of twigs increased by 92% to X units, rising for the fifth consecutive year after four years of decline. Overall, exports recorded a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, twig broom exports skyrocketed to $X in 2021. Total exports indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +71.1% against 2016 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The biggest shipments were from Italy (X units), the Netherlands (X units) and Belgium (X units), together reaching 50% of total export. Sweden (X units) held the next position in the ranking, followed by Poland (X units), Germany (X units), Denmark (X units) and Portugal (X units). All these countries together held near 32% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Sweden (with a CAGR of +53.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest twig broom supplying countries in the European Union were Sweden ($X), Belgium ($X) and Italy ($X), together comprising 53% of total exports.

Among the main exporting countries, Sweden, with a CAGR of +40.9%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per unit in 2021, waning by -35.7% against the previous year. Over the period under review, the export price continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 an increase of 19%. Over the period under review, the export prices reached the maximum at $X per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Sweden ($X per unit), while Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (-0.3%), while the other leaders experienced a decline in the export price figures.

Twig Broom Imports

Imports in the EU

In 2021, the amount of brooms and brushes of twigs imported in the European Union surged to X units, increasing by 122% on the previous year. Over the period under review, imports recorded a strong increase. 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 +4.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The purchases of the six major importers of brooms and brushes of twigs, namely France, Italy, the Netherlands, Denmark, Germany and Belgium, represented more than two-thirds of total import. Ireland (X units), Spain (X units), Greece (X units), Hungary (X units), Croatia (X units), Austria (X units) and Poland (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Denmark (with a CAGR of +51.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest twig broom importing markets in the European Union were France ($X), Italy ($X) and Germany ($X), together comprising 47% of total imports. The Netherlands, Belgium, Croatia, Ireland, Austria, Poland, Greece, Spain, Hungary and Denmark lagged somewhat behind, together accounting for a further 40%.

The Netherlands, with a CAGR of +13.8%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per unit in 2021, declining by -38.9% against the previous year. In general, the import price showed a drastic downturn. The pace of growth was the most pronounced in 2018 when the import price increased by 14% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2021, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belgium ($X per unit), while Denmark (less than $X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (-3.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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