Ghana: Market for Brooms, Brushes, And Mops 2024

Market Size for Brooms, Brushes, And Mops in Ghana

In 2022, the Ghanian broom, brush, and mop market decreased by -7% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, continues to indicate a resilient increase. Over the period under review, the market hit record highs at $X in 2021, and then dropped in the following year.

Exports of Brooms, Brushes, And Mops

Exports from Ghana

In 2022, overseas shipments of brooms, brushes, and mops were finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 when exports increased by 172% against the previous year. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, broom, brush, and mop exports surged to $X in 2022. Over the period under review, exports continue to indicate a modest increase. The pace of growth appeared the most rapid in 2019 when exports increased by 129% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Cote d'Ivoire (X units), Burkina Faso (X units) and Togo (X units) were the main destinations of broom, brush, and mop exports from Ghana, with a combined 83% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cote d'Ivoire (with a CAGR of +44.3%), while the other leaders experienced more modest paces of growth.

In value terms, Cote d'Ivoire ($X) remains the key foreign market for brooms, brushes, and mops exports from Ghana, comprising 46% of total exports. The second position in the ranking was taken by Burkina Faso ($X), with a 22% share of total exports. It was followed by Togo, with a 19% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Cote d'Ivoire stood at +42.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burkina Faso (-7.1% per year) and Togo (+37.3% per year).

Export Prices by Country

In 2022, the average broom, brush, and mop export price amounted to $X per unit, with an increase of 6.4% against the previous year. Overall, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, broom, brush, and mop export price decreased by -16.1% against 2018 indices. The growth pace was the most rapid in 2016 an increase of 52% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Benin ($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 Singapore (+3,344.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Brooms, Brushes, And Mops

Imports into Ghana

In 2022, supplies from abroad of brooms, brushes, and mops decreased by -8.2% to X units for the first time since 2017, thus ending a four-year rising trend. Overall, imports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2018 when imports increased by 152%. Over the period under review, imports reached the peak figure at X units in 2021, and then dropped in the following year.

In value terms, broom, brush, and mop imports dropped to $X in 2022. Over the period under review, imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2018 when imports increased by 149%. Imports peaked at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, China (X units) was the main supplier of broom, brush, and mop to Ghana, accounting for a 94% share of total imports. It was followed by Egypt (X units), with a 1.4% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (-10.4% per year) and Brazil (-7.2% per year).

In value terms, China ($X) constituted the largest supplier of brooms, brushes, and mops to Ghana, comprising 84% of total imports. The second position in the ranking was taken by Egypt ($X), with a 7.3% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China stood at +8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+8.1% per year) and Brazil (-6.4% per year).

Import Prices by Country

The average broom, brush, and mop import price stood at $X per unit in 2022, rising by 2.1% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 17% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat 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 Egypt ($X per unit), while the price for Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+20.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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