Mexico: Market for Brooms, Brushes, And Mops 2024

Market Size for Brooms, Brushes, And Mops in Mexico

In 2022, the Mexican broom, brush, and mop market decreased by -0.7% to $X, falling for the third consecutive year after five years of growth. Over the period under review, consumption continues to indicate a buoyant increase. Broom, brush, and mop consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Brooms, Brushes, And Mops in Mexico

In value terms, broom, brush, and mop production fell slightly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a remarkable increase. The growth pace was the most rapid in 2013 when the production volume increased by 136%. Broom, brush, and mop production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Brooms, Brushes, And Mops

Exports from Mexico

In 2022, shipments abroad of brooms, brushes, and mops increased by 17% to X units, rising for the second year in a row after three years of decline. Overall, exports, however, showed a pronounced downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 85% against the previous year. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, broom, brush, and mop exports expanded markedly to $X in 2022. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 21% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for broom, brush, and mop exports from Mexico, accounting for a 90% share of total exports. It was followed by Colombia (X units), with a 2.6% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to -2.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (+0.6% per year) and Guatemala (+6.5% per year).

In value terms, the United States ($X) remains the key foreign market for brooms, brushes, and mops exports from Mexico, comprising 87% of total exports. The second position in the ranking was taken by Colombia ($X), with a 3.1% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (-2.1% per year) and Guatemala (+4.3% per year).

Export Prices by Country

The average broom, brush, and mop export price stood at $X per unit in 2022, declining by -7.6% against the previous year. In general, the export price, however, recorded a perceptible increase. The pace of growth appeared the most rapid in 2016 an increase of 59% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($X per unit), while the average price for exports to the United States ($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 Brazil (+5.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Brooms, Brushes, And Mops

Imports into Mexico

In 2022, supplies from abroad of brooms, brushes, and mops increased by 9.9% to X units, rising for the third consecutive year after seven years of decline. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 68%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, broom, brush, and mop imports stood at $X in 2022. The total import value increased at an average annual rate of +3.4% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 13%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest supplier of broom, brush, and mop to Mexico, accounting for a 72% share of total imports. Moreover, broom, brush, and mop imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), fourfold. The third position in this ranking was taken by Vietnam (X units), with a 5.8% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-7.7% per year) and Vietnam (+20.4% per year).

In value terms, China ($X) constituted the largest supplier of brooms, brushes, and mops to Mexico, comprising 57% of total imports. The second position in the ranking was taken by the United States ($X), with a 24% share of total imports. It was followed by Germany, with a 3.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +5.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+0.1% per year) and Germany (+0.3% per year).

Import Prices by Country

In 2022, the average broom, brush, and mop import price amounted to $X per unit, almost unchanged from the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.0% 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 decreased by -37.7% against 2019 indices. The growth pace was the most rapid in 2014 when the average import price increased by 18% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 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 Germany ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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