Middle East: Twig Broom Market 2024

Twig Broom Market Size in the Middle East

The Middle Eastern twig broom market contracted to $X in 2021, which is down by -6.3% against the previous year. The market value increased at an average annual rate of +1.6% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X, and then contracted in the following year.

Twig Broom Production in the Middle East

In value terms, twig broom production reduced to $X in 2021 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 21% against the previous year. As a result, production reached the peak level of $X, and then contracted in the following year.

Twig Broom Exports

Exports in the Middle East

After five years of decline, shipments abroad of brooms and brushes of twigs increased by 24% to X units in 2021. In general, exports, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2015 with an increase of 32%. As a result, the exports reached the peak of X units. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, twig broom exports skyrocketed to $X in 2021. Over the period under review, exports, however, showed a noticeable setback. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Turkey (X units), distantly followed by the United Arab Emirates (X units), Syrian Arab Republic (X units) and Oman (X units) were the largest exporters of brooms and brushes of twigs, together making up 84% of total exports. Lebanon (X units), Iran (X units) and Jordan (X units) took a little share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Iran (with a CAGR of +29.5%), while the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), the United Arab Emirates ($X) and Syrian Arab Republic ($X) constituted the countries with the highest levels of exports in 2021, with a combined 77% share of total exports. Oman, Lebanon, Jordan and Iran lagged somewhat behind, together comprising a further 13%.

In terms of the main exporting countries, Oman, with a CAGR of +26.0%, recorded 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 export price in the Middle East stood at $X per unit in 2021, rising by 7.2% against the previous year. Export price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, twig broom export price increased by +107.4% against 2017 indices. The pace of growth was the most pronounced in 2020 when the export price increased by 42% against the previous year. The level of export peaked in 2021 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Oman ($X per unit), while Iran ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Jordan (+10.6%), while the other leaders experienced more modest paces of growth.

Twig Broom Imports

Imports in the Middle East

Twig broom imports totaled X units in 2021, with an increase of 12% compared with 2020. Total imports indicated a slight increase from 2012 to 2021: its volume increased at an average annual rate of +1.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +40.6% against 2018 indices. The most prominent rate of growth was recorded in 2019 when imports increased by 41%. Over the period under review, imports attained the peak figure at X units in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, twig broom imports expanded significantly to $X in 2021. Overall, imports, however, recorded a noticeable slump. The most prominent rate of growth was recorded in 2015 with an increase of 21% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United Arab Emirates represented the major importing country with an import of around X units, which recorded 53% of total imports. Yemen (X units) held the second position in the ranking, distantly followed by Israel (X units) and Qatar (X units). All these countries together took near 32% share of total imports. The following importers - Bahrain (X units), Kuwait (X units), Jordan (X units) and Lebanon (X units) - together made up 11% of total imports.

Imports into the United Arab Emirates increased at an average annual rate of +5.9% from 2012 to 2021. At the same time, Jordan (+28.5%), Yemen (+4.1%), Bahrain (+2.8%) and Kuwait (+2.7%) displayed positive paces of growth. Moreover, Jordan emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +28.5% from 2012-2021. By contrast, Israel (-3.9%), Qatar (-5.1%) and Lebanon (-13.6%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the United Arab Emirates, Yemen and Jordan increased by +16, +3.3 and +2.1 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported brooms and brushes of twigs in the Middle East, comprising 39% of total imports. The second position in the ranking was held by Israel ($X), with a 16% share of total imports. It was followed by Yemen, with a 15% share.

From 2012 to 2021, the average annual growth rate of value in the United Arab Emirates amounted to +5.7%. The remaining importing countries recorded the following average annual rates of imports growth: Israel (+2.1% per year) and Yemen (+8.9% per year).

Import Prices by Country

In 2021, the import price in the Middle East amounted to $X per unit, approximately equating the previous year. Over the period under review, the import price, however, saw a abrupt shrinkage. The growth pace was the most rapid in 2018 an increase of 15% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Israel ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (+6.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :