Finland: Market for Brooms, Brushes, And Mops 2024

Market Size for Brooms, Brushes, And Mops in Finland

In 2022, the Finnish broom, brush, and mop market increased by 0.5% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of +2.0% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. Broom, brush, and mop consumption peaked in 2022 and is expected to retain growth in the immediate term.

Production of Brooms, Brushes, And Mops in Finland

In value terms, broom, brush, and mop production surged to $X in 2022 estimated in export price. Over the period under review, the total production indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -27.8% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by 150% against the previous year. Broom, brush, and mop production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Brooms, Brushes, And Mops

Exports from Finland

In 2022, the amount of brooms, brushes, and mops exported from Finland rose modestly to X units, increasing by 2.8% on the previous year. Overall, total exports indicated a tangible increase from 2012 to 2022: its volume increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +29.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 26% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, broom, brush, and mop exports totaled $X in 2022. The total export value increased at an average annual rate of +1.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 when exports increased by 24%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Sweden (X units) was the main destination for broom, brush, and mop exports from Finland, with a 56% share of total exports. Moreover, broom, brush, and mop exports to Sweden exceeded the volume sent to the second major destination, Estonia (X units), sixfold. The third position in this ranking was held by Lithuania (X units), with an 8.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sweden was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (+12.9% per year) and Lithuania (+35.8% per year).

In value terms, Sweden ($X) remains the key foreign market for brooms, brushes, and mops exports from Finland, comprising 29% of total exports. The second position in the ranking was taken by Estonia ($X), with a 13% share of total exports. It was followed by Germany, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Sweden totaled -3.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (+12.9% per year) and Germany (-4.8% per year).

Export Prices by Country

The average broom, brush, and mop export price stood at $X per unit in 2022, remaining relatively unchanged against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average export price increased by 30% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Sweden ($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 Latvia (+1.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Brooms, Brushes, And Mops

Imports into Finland

In 2022, after four years of growth, there was decline in purchases abroad of brooms, brushes, and mops, when their volume decreased by -1.2% to X units. The total import volume increased at an average annual rate of +2.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when imports increased by 13% against the previous year. Imports peaked at X units in 2021, and then shrank in the following year.

In value terms, broom, brush, and mop imports reduced slightly to $X in 2022. The total import value increased at an average annual rate of +2.3% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 12% against the previous year. As a result, imports attained the peak of $X, and then shrank modestly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of broom, brush, and mop to Finland, with a 38% share of total imports. Moreover, broom, brush, and mop imports from China exceeded the figures recorded by the second-largest supplier, Sweden (X units), threefold. Germany (X units) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-1.7% per year) and Germany (-1.5% per year).

In value terms, China ($X) constituted the largest supplier of brooms, brushes, and mops to Finland, comprising 37% of total imports. The second position in the ranking was taken by Sweden ($X), with an 18% share of total imports. It was followed by Germany, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-1.7% per year) and Germany (+1.0% per year).

Import Prices by Country

In 2022, the average broom, brush, and mop import price amounted to $X per unit, approximately reflecting the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 9%. As a result, import price attained the peak level of $X per unit. From 2018 to 2022, the average 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 Poland ($X per unit), while the price for Italy ($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 (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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