Hungary: Market for Brooms, Brushes, And Mops 2024

Market Size for Brooms, Brushes, And Mops in Hungary

In 2022, the Hungarian broom, brush, and mop market decreased by -37.6% to $X for the first time since 2011, thus ending a ten-year rising trend. Over the period under review, consumption, however, recorded resilient growth. Over the period under review, the market reached the maximum level at $X in 2021, and then fell rapidly in the following year.

Production of Brooms, Brushes, And Mops in Hungary

In value terms, broom, brush, and mop production shrank to $X in 2022 estimated in export price. Overall, the total production indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +6.5% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of 114% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Exports of Brooms, Brushes, And Mops

Exports from Hungary

For the fourth consecutive year, Hungary recorded growth in overseas shipments of brooms, brushes, and mops, which increased by 51% to X units in 2022. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 136% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, broom, brush, and mop exports soared to $X in 2022. Overall, exports saw a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of 46% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

Germany (X units) was the main destination for broom, brush, and mop exports from Hungary, accounting for a 78% share of total exports. Moreover, broom, brush, and mop exports to Germany exceeded the volume sent to the second major destination, Italy (X units), more than tenfold. Romania (X units) ranked third in terms of total exports with a 2.2% share.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled +28.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+46.0% per year) and Romania (+18.1% per year).

In value terms, Germany ($X) remains the key foreign market for brooms, brushes, and mops exports from Hungary, comprising 56% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 5.9% share of total exports. It was followed by Romania, with a 5.7% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled +24.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+15.9% per year) and Romania (+24.2% per year).

Export Prices by Country

The average broom, brush, and mop export price stood at $X per unit in 2022, with a decrease of -16% against the previous year. Over the period under review, the export price recorded a pronounced slump. The most prominent rate of growth was recorded in 2013 when the average export price increased by 20%. Over the period under review, the average export prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while the average price for exports to Sweden ($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 Bulgaria (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Brooms, Brushes, And Mops

Imports into Hungary

In 2022, imports of brooms, brushes, and mops into Hungary amounted to X units, growing by 4.8% compared with the previous year's figure. Overall, imports recorded a remarkable increase. The most prominent rate of growth was recorded in 2020 when imports increased by 58%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, broom, brush, and mop imports contracted slightly to $X in 2022. Over the period under review, imports recorded a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of 41% against the previous year. As a result, imports reached the peak of $X, and then contracted slightly in the following year.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of broom, brush, and mop to Hungary, accounting for a 71% share of total imports. Moreover, broom, brush, and mop imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), sevenfold. The third position in this ranking was held by Poland (X units), with a 4.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled +29.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+11.1% per year) and Poland (+8.7% per year).

In value terms, Germany ($X) constituted the largest supplier of brooms, brushes, and mops to Hungary, comprising 56% of total imports. The second position in the ranking was held by China ($X), with an 11% share of total imports. It was followed by Poland, with a 9.8% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at +21.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+9.2% per year) and Poland (+18.9% per year).

Import Prices by Country

The average broom, brush, and mop import price stood at $X per unit in 2022, falling by -7.6% against the previous year. Over the period under review, the import price recorded a pronounced slump. The most prominent rate of growth was recorded in 2014 when the average import price increased by 7.1% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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