Greece: Market for Brooms, Brushes, And Mops 2024

Market Size for Brooms, Brushes, And Mops in Greece

In 2022, after three years of growth, there was significant decline in the Greek broom, brush, and mop market, when its value decreased by -10.2% to $X. The market value increased at an average annual rate of +3.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X, and then fell in the following year.

Production of Brooms, Brushes, And Mops in Greece

In value terms, broom, brush, and mop production amounted to $X in 2022 estimated in export price. In general, production saw a resilient expansion. The pace of growth was the most pronounced in 2018 with an increase of 49% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Brooms, Brushes, And Mops

Exports from Greece

In 2022, overseas shipments of brooms, brushes, and mops increased by 85% to X units, rising for the third consecutive year after two years of decline. In general, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, broom, brush, and mop exports surged to $X in 2022. Overall, exports saw a resilient increase. The most prominent rate of growth was recorded in 2021 when exports increased by 82% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Italy (X units), Hungary (X units) and Spain (X units) were the main destinations of broom, brush, and mop exports from Greece, together comprising 58% 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 Hungary (with a CAGR of +97.1%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Hungary ($X) and Spain ($X) were the largest markets for broom, brush, and mop exported from Greece worldwide, together comprising 64% of total exports.

Hungary, with a CAGR of +57.1%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average broom, brush, and mop export price amounted to $X per unit, shrinking by -6.9% against the previous year. Overall, the export price saw a noticeable shrinkage. The pace of growth appeared the most rapid in 2019 when the average export price increased by 14%. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per unit), while the average price for exports to Bulgaria ($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 Spain (+10.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Brooms, Brushes, And Mops

Imports into Greece

After three years of growth, overseas purchases of brooms, brushes, and mops decreased by -0.4% to X units in 2022. Overall, total imports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.5% against 2018 indices. The pace of growth appeared the most rapid in 2015 when imports increased by 27%. Over the period under review, imports attained the peak figure at X units in 2021, and then fell slightly in the following year.

In value terms, broom, brush, and mop imports rose markedly to $X in 2022. Over the period under review, total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +98.7% against 2012 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 28% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest supplier of broom, brush, and mop to Greece, with a 43% share of total imports. Moreover, broom, brush, and mop imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. Italy (X units) ranked third in terms of total imports with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-0.1% per year) and Italy (+4.3% per year).

In value terms, China ($X) constituted the largest supplier of brooms, brushes, and mops to Greece, comprising 41% of total imports. The second position in the ranking was taken by Germany ($X), with an 18% share of total imports. It was followed by Italy, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +13.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+3.1% per year) and Italy (+3.2% per year).

Import Prices by Country

In 2022, the average broom, brush, and mop import price amounted to $X per unit, rising by 12% against the previous year. In general, the import price continues to indicate a modest increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 35%. The import price peaked at $X per unit in 2013; however, from 2014 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 Belgium ($X per unit), while the price for Vietnam ($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 (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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