Libya: Market for Brooms, Brushes, And Mops 2024

Market Size for Brooms, Brushes, And Mops in Libya

The Libyan broom, brush, and mop market dropped to $X in 2022, reducing by -8.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a pronounced decline. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Exports of Brooms, Brushes, And Mops

Exports from Libya

In 2022, broom, brush, and mop exports from Libya shrank markedly to X units, declining by -70.1% compared with 2021 figures. In general, exports recorded a sharp decline. The pace of growth appeared the most rapid in 2019 with an increase of 3,022%. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, broom, brush, and mop exports shrank notably to $X in 2022. Overall, exports recorded a drastic downturn. The pace of growth appeared the most rapid in 2019 with an increase of 1,302% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Poland (X units) was the main destination for broom, brush, and mop exports from Libya, with a 73% share of total exports. Moreover, broom, brush, and mop exports to Poland exceeded the volume sent to the second major destination, Azerbaijan (X units), threefold.

From 2012 to 2022, the average annual growth rate of volume to Poland totaled -24.9%.

In value terms, Poland ($X) emerged as the key foreign market for brooms, brushes, and mops exports from Libya, comprising 86% of total exports. The second position in the ranking was taken by Azerbaijan ($X), with a 14% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Poland totaled -16.0%.

Export Prices by Country

In 2022, the average broom, brush, and mop export price amounted to $X per unit, increasing by 74% against the previous year. Overall, the export price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 2,478%. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per unit), while the average price for exports to Azerbaijan stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+294.8%).

Imports of Brooms, Brushes, And Mops

Imports into Libya

In 2022, broom, brush, and mop imports into Libya reduced modestly to X units, which is down by -3.2% against the previous year's figure. Over the period under review, imports saw a noticeable decline. The most prominent rate of growth was recorded in 2019 when imports increased by 191%. Over the period under review, imports reached the maximum at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, broom, brush, and mop imports contracted to $X in 2022. In general, imports continue to indicate a mild setback. The most prominent rate of growth was recorded in 2019 with an increase of 125% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest broom, brush, and mop supplier to Libya, accounting for a 56% share of total imports. Moreover, broom, brush, and mop imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), fourfold. Italy (X units) ranked third in terms of total imports with an 8.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to -4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+1.9% per year) and Italy (-4.8% per year).

In value terms, China ($X), Turkey ($X) and Italy ($X) constituted the largest broom, brush, and mop suppliers to Libya, together comprising 74% of total imports.

In terms of the main suppliers, Turkey, with a CAGR of +8.7%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average broom, brush, and mop import price stood at $X per unit in 2022, waning by -8.6% against the previous year. In general, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.5% 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 import price increased by +9.4% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 61% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2022, import prices remained at a 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 the United Arab Emirates ($X per unit), while the price for Tunisia ($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 (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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