Malaysia: Market for Brooms, Brushes, And Mops 2024

Market Size for Brooms, Brushes, And Mops in Malaysia

The Malaysian broom, brush, and mop market reached $X in 2022, increasing by 6.1% against the previous year. In general, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Brooms, Brushes, And Mops in Malaysia

In value terms, broom, brush, and mop production totaled $X in 2022 estimated in export price. Over the period under review, production, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2017 with an increase of 95% against the previous year. Broom, brush, and mop production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Exports of Brooms, Brushes, And Mops

Exports from Malaysia

In 2022, approx. X units of brooms, brushes, and mops were exported from Malaysia; jumping by 22% against the previous year's figure. Overall, exports, however, saw a mild reduction. The most prominent rate of growth was recorded in 2014 when exports increased by 23% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, broom, brush, and mop exports surged to $X in 2022. The total export value increased at an average annual rate of +1.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 19% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Norway (X units), the UK (X units) and China (X units) were the main destinations of broom, brush, and mop exports from Malaysia, with a combined 31% share of total exports. The Philippines, Myanmar, South Korea, Nigeria, Indonesia, the United Arab Emirates, Singapore, Thailand, Denmark and the United States lagged somewhat behind, together accounting for a further 36%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Philippines (with a CAGR of +36.7%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Thailand ($X) and Norway ($X) were the largest markets for broom, brush, and mop exported from Malaysia worldwide, together comprising 22% of total exports. The United States, the UK, South Korea, the Philippines, Singapore, Myanmar, Indonesia, the United Arab Emirates, Denmark and Nigeria lagged somewhat behind, together comprising a further 39%.

Among the main countries of destination, the Philippines, with a CAGR of +38.5%, saw the highest rates of growth with regard to 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 broom, brush, and mop export price stood at $X per unit in 2022, dropping by -4.7% against the previous year. In general, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +3.3% 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 export price decreased by -9.6% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by 69% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat 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 Thailand ($X per unit), while the average price for exports to Nigeria ($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 the United States (+24.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Brooms, Brushes, And Mops

Imports into Malaysia

In 2022, the amount of brooms, brushes, and mops imported into Malaysia surged to X units, picking up by 31% against the previous year. In general, imports showed measured growth. The pace of growth appeared the most rapid in 2014 when imports increased by 77% against the previous year. Over the period under review, imports attained the maximum at X units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, broom, brush, and mop imports stood at $X in 2022. Over the period under review, imports saw a buoyant increase. The pace of growth was the most pronounced in 2014 when imports increased by 90% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest broom, brush, and mop supplier to Malaysia, accounting for a 67% share of total imports. Moreover, broom, brush, and mop imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), fourfold. Myanmar (X units) ranked third in terms of total imports with a 6.3% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+8.8% per year) and Myanmar (+15.3% per year).

In value terms, China ($X) constituted the largest supplier of brooms, brushes, and mops to Malaysia, comprising 65% of total imports. The second position in the ranking was held by Vietnam ($X), with an 8.6% share of total imports. It was followed by Japan, with a 6.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +13.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+7.0% per year) and Japan (-8.1% per year).

Import Prices by Country

The average broom, brush, and mop import price stood at $X per unit in 2022, dropping by -13.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 30%. As a result, import price reached the peak level of $X per unit, and then reduced in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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