Lithuania: Market for Brooms, Brushes, And Mops 2024

Market Size for Brooms, Brushes, And Mops in Lithuania

In 2022, the Lithuanian broom, brush, and mop market increased by 114% to $X, rising for the second consecutive year after three years of decline. Over the period under review, consumption enjoyed a strong increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Brooms, Brushes, And Mops in Lithuania

In value terms, broom, brush, and mop production expanded modestly to $X in 2022 estimated in export price. Over the period under review, production saw a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of 77% against the previous year. Broom, brush, and mop production peaked in 2022 and is likely to see steady growth in the immediate term.

Exports of Brooms, Brushes, And Mops

Exports from Lithuania

In 2022, shipments abroad of brooms, brushes, and mops increased by 22% to X units, rising for the sixth consecutive year after two years of decline. Overall, exports saw prominent growth. The pace of growth appeared the most rapid in 2013 when exports increased by 45%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, broom, brush, and mop exports rose remarkably to $X in 2022. In general, exports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 37% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Latvia (X units) was the main destination for broom, brush, and mop exports from Lithuania, with a 48% share of total exports. Moreover, broom, brush, and mop exports to Latvia exceeded the volume sent to the second major destination, Russia (X units), threefold. Germany (X units) ranked third in terms of total exports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume to Latvia amounted to +34.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+3.7% per year) and Germany (+6.3% per year).

In value terms, Germany ($X) remains the key foreign market for brooms, brushes, and mops exports from Lithuania, comprising 46% of total exports. The second position in the ranking was taken by Russia ($X), with an 11% share of total exports. It was followed by Latvia, with a 9.8% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled +7.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-2.9% per year) and Latvia (+18.3% per year).

Export Prices by Country

The average broom, brush, and mop export price stood at $X per unit in 2022, falling by -12.3% against the previous year. In general, the export price saw a perceptible contraction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 22% against the previous year. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

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 Germany ($X per unit), while the average price for exports to Latvia ($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 Finland (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Brooms, Brushes, And Mops

Imports into Lithuania

In 2022, the amount of brooms, brushes, and mops imported into Lithuania surged to X units, jumping by 30% on 2021. Over the period under review, imports continue to indicate prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, broom, brush, and mop imports expanded notably to $X in 2022. Overall, imports showed a buoyant increase. The most prominent rate of growth was recorded in 2017 when imports increased by 24% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

China (X units), Poland (X units) and Germany (X units) were the main suppliers of broom, brush, and mop imports to Lithuania, together comprising 70% of total imports. Latvia, Malaysia, Estonia, Sweden, the Czech Republic, Italy and the Netherlands lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of +21.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), China ($X) and Germany ($X) constituted the largest broom, brush, and mop suppliers to Lithuania, with a combined 54% share of total imports. Latvia, the Czech Republic, Sweden, Italy, Estonia, Malaysia and the Netherlands lagged somewhat behind, together comprising a further 33%.

In terms of the main suppliers, the Czech Republic, with a CAGR of +34.7%, recorded the highest rates of growth with regard to 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

In 2022, the average broom, brush, and mop import price amounted to $X per unit, dropping by -12% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 11% against the previous year. The import price peaked at $X per unit in 2020; however, from 2021 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 Czech Republic ($X per unit), while the price for Malaysia ($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 Czech Republic (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform