New Zealand: Market for Brooms, Brushes, And Mops 2024

Market Size for Brooms, Brushes, And Mops in New Zealand

The New Zealand broom, brush, and mop market shrank to $X in 2022, flattening at 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). The market value increased at an average annual rate of +4.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Exports of Brooms, Brushes, And Mops

Exports from New Zealand

Broom, brush, and mop exports from New Zealand skyrocketed to X units in 2022, growing by 20% compared with 2021. Over the period under review, exports, however, recorded a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 24% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, broom, brush, and mop exports soared to $X in 2022. In general, exports saw a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Australia (X units) was the main destination for broom, brush, and mop exports from New Zealand, accounting for a 41% share of total exports. Moreover, broom, brush, and mop exports to Australia exceeded the volume sent to the second major destination, Cook Islands (X units), threefold. The United States (X units) ranked third in terms of total exports with an 8.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Australia stood at -8.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cook Islands (+6.6% per year) and the United States (+1.5% per year).

In value terms, the United States ($X), Japan ($X) and Australia ($X) were the largest markets for broom, brush, and mop exported from New Zealand worldwide, together accounting for 60% of total exports.

The United States, with a CAGR of +36.1%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average broom, brush, and mop export price amounted to $X per unit, picking up by 18% against the previous year. Over the period under review, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +6.6% 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 increased by +73.3% against 2017 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 22%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per unit), while the average price for exports to Australia ($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 (+34.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Brooms, Brushes, And Mops

Imports into New Zealand

Broom, brush, and mop imports into New Zealand declined to X units in 2022, remaining constant against 2021. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 20%. Over the period under review, imports hit record highs at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, broom, brush, and mop imports dropped modestly to $X in 2022. Over the period under review, total imports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +18.1% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of 20%. Over the period under review, imports hit record highs at $X in 2021, and then declined modestly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of broom, brush, and mop to New Zealand, with a 75% 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), more than tenfold. Australia (X units) ranked third in terms of total imports with a 2.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-5.6% per year) and Australia (-0.9% per year).

In value terms, China ($X) constituted the largest supplier of brooms, brushes, and mops to New Zealand, comprising 69% of total imports. The second position in the ranking was taken by the United States ($X), with a 5.2% share of total imports. It was followed by Australia, with a 4.3% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-0.8% per year) and Australia (+1.8% per year).

Import Prices by Country

The average broom, brush, and mop import price stood at $X per unit in 2022, remaining stable against the previous year. In general, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.7% 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 +55.8% against 2016 indices. The growth pace was the most rapid in 2018 when the average import price increased by 20% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

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 Indonesia (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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