GCC: Market for Brooms, Brushes, And Mops 2024

Market Size for Brooms, Brushes, And Mops in GCC

The GCC broom, brush, and mop market expanded slightly to $X in 2022, growing by 1.7% against the previous year. The total consumption indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -15.8% against 2018 indices. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Brooms, Brushes, And Mops in GCC

In value terms, broom, brush, and mop production stood at $X in 2022 estimated in export price. The total production indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +4.6% 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 -28.7% against 2018 indices. The pace of growth appeared the most rapid in 2018 with an increase of 106% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Exports of Brooms, Brushes, And Mops

Exports in GCC

In 2022, overseas shipments of brooms, brushes, and mops increased by 2.8% to X units, rising for the second year in a row after two years of decline. Total exports indicated a pronounced expansion from 2012 to 2022: its volume increased at an average annual rate of +3.1% 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 +15.7% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of 107%. The volume of export peaked at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, broom, brush, and mop exports contracted to $X in 2022. Total exports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by +0.6% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of 125%. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates dominates exports structure, resulting at X units, which was approx. 92% of total exports in 2022. Oman (X units) and Saudi Arabia (X units) took a relatively small share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the brooms, brushes, and mops exports, with a CAGR of +3.6% from 2012 to 2022. Saudi Arabia experienced a relatively flat trend pattern. Oman (-3.5%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United Arab Emirates increased by +4.7 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest broom, brush, and mop supplier in GCC, comprising 84% of total exports. The second position in the ranking was held by Oman ($X), with a 6.2% share of total exports.

In the United Arab Emirates, broom, brush, and mop exports increased at an average annual rate of +3.8% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Oman (-7.7% per year) and Saudi Arabia (-2.4% per year).

Export Prices by Country

The export price in GCC stood at $X per unit in 2022, declining by -6.4% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 25% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per unit), while the United Arab Emirates ($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 Arab Emirates (+0.2%), while the other leaders experienced a decline in the export price figures.

Imports of Brooms, Brushes, And Mops

Imports in GCC

In 2022, the amount of brooms, brushes, and mops imported in GCC fell to X units, with a decrease of -6.6% compared with the previous year's figure. Over the period under review, imports continue to indicate a slight slump. The pace of growth appeared the most rapid in 2014 when imports increased by 20%. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, broom, brush, and mop imports reduced rapidly to $X in 2022. Overall, imports saw a pronounced shrinkage. The growth pace was the most rapid in 2021 when imports increased by 17%. As a result, imports attained the peak of $X, and then fell markedly in the following year.

Imports by Country

The United Arab Emirates represented the main importing country with an import of around X units, which resulted at 78% of total imports. Kuwait (X units) ranks second in terms of the total imports with an 11% share, followed by Oman (4.7%). Qatar (X units) and Bahrain (X units) held a little share of total imports.

Imports into the United Arab Emirates decreased at an average annual rate of -2.1% from 2012 to 2022. At the same time, Oman (+15.3%), Qatar (+15.1%) and Bahrain (+4.2%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing importer imported in GCC, with a CAGR of +15.3% from 2012-2022. Kuwait experienced a relatively flat trend pattern. Oman (+3.7 p.p.) and Qatar (+3.1 p.p.) significantly strengthened its position in terms of the total imports, while the United Arab Emirates saw its share reduced by -9.1% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported brooms, brushes, and mops in GCC, comprising 55% of total imports. The second position in the ranking was held by Kuwait ($X), with a 15% share of total imports. It was followed by Qatar, with a 6.8% share.

In the United Arab Emirates, broom, brush, and mop imports expanded at an average annual rate of +2.9% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Kuwait (+7.9% per year) and Qatar (+4.6% per year).

Import Prices by Country

The import price in GCC stood at $X per unit in 2022, with a decrease of -19.6% against the previous year. Overall, the import price saw a slight slump. The most prominent rate of growth was recorded in 2015 an increase of 21%. Over the period under review, import prices reached the peak figure at $X per unit in 2021, and then contracted notably in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bahrain ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (+7.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform