Italy: Twig Broom Market 2024

Twig Broom Market Size in Italy

The Italian twig broom market amounted to $X in 2021, therefore, remained relatively stable against the previous year. In general, consumption saw a modest expansion. Twig broom consumption peaked in 2021 and is likely to see steady growth in the immediate term.

Twig Broom Production in Italy

In value terms, twig broom production fell to $X in 2021 estimated in export price. In general, production continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 691% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Twig Broom Exports

Exports from Italy

For the third year in a row, Italy recorded growth in overseas shipments of brooms and brushes of twigs, which increased by 58% to X units in 2021. In general, exports posted a notable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, twig broom exports stood at $X in 2021. Overall, exports, however, showed a deep downturn. The growth pace was the most rapid in 2017 when exports increased by 18% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Switzerland (X units), Israel (X units) and France (X units) were the main destinations of twig broom exports from Italy, with a combined 71% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Switzerland (with a CAGR of +30.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X), France ($X) and Israel ($X) appeared to be the largest markets for twig broom exported from Italy worldwide, together comprising 63% of total exports. Spain, the UK, Germany, Slovenia, Morocco, the United Arab Emirates, the Netherlands, Algeria and Austria lagged somewhat behind, together accounting for a further 24%.

In terms of the main countries of destination, Slovenia, with a CAGR of +25.9%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average twig broom export price stood at $X per unit in 2021, declining by -33.7% against the previous year. Overall, the export price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2018 an increase of 19%. As a result, the export price attained the peak level of $X per unit. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Twig Broom Imports

Imports into Italy

In 2021, supplies from abroad of brooms and brushes of twigs increased by 168% to X units, rising for the second year in a row after three years of decline. Over the period under review, imports recorded a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, twig broom imports skyrocketed to $X in 2021. Overall, total imports indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +63.9% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Serbia (X units), China (X units) and Romania (X units) were the main suppliers of twig broom imports to Italy, with a combined 97% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Serbia (with a CAGR of +16.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Serbia ($X) constituted the largest supplier of brooms and brushes of twigs to Italy, comprising 55% of total imports. The second position in the ranking was held by China ($X), with a 27% share of total imports. It was followed by Romania, with a 10% share.

From 2012 to 2021, the average annual growth rate of value from Serbia stood at +5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+2.0% per year) and Romania (-3.1% per year).

Import Prices by Country

In 2021, the average twig broom import price amounted to $X per unit, shrinking by -42.2% against the previous year. Over the period under review, the import price saw a deep downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by 46% against the previous year. The import price peaked at $X per unit in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-8.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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