Norway: Twig Broom Market 2024

Twig Broom Market Size in Norway

In 2021, the Norwegian twig broom market increased by 7.9% to $X, rising for the second consecutive year after three years of decline. Overall, consumption, however, saw a mild increase. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Twig Broom Exports

Exports from Norway

Twig broom exports from Norway reduced dramatically to X units in 2021, with a decrease of -44.7% against the year before. Overall, exports showed a abrupt setback. The pace of growth was the most pronounced in 2014 when exports increased by 69% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, twig broom exports declined rapidly to $X in 2021. In general, exports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2014 with an increase of 98% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Japan (X units) was the main destination for twig broom exports from Norway, accounting for a 47% share of total exports. Moreover, twig broom exports to Japan exceeded the volume sent to the second major destination, Germany (X units), threefold. The third position in this ranking was held by Sweden (X units), with a 9.6% share.

From 2012 to 2021, the average annual growth rate of volume to Japan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+7.8% per year) and Sweden (-33.0% per year).

In value terms, Germany ($X) emerged as the key foreign market for brooms and brushes of twigs exports from Norway, comprising 60% of total exports. The second position in the ranking was taken by Sweden ($X), with an 8.5% share of total exports. It was followed by Russia, with a 7.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to +26.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-30.4% per year) and Russia (+6.6% per year).

Export Prices by Country

The average twig broom export price stood at $X per unit in 2021, picking up by 17% against the previous year. Over the period under review, the export price showed a resilient expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 105%. The export price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+35.8%), while the prices for the other major destinations experienced more modest paces of growth.

Twig Broom Imports

Imports into Norway

In 2021, imports of brooms and brushes of twigs into Norway fell to X units, which is down by -13.7% on 2020. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when imports increased by 124%. As a result, imports reached the peak of X units. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, twig broom imports surged to $X in 2021. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when imports increased by 63%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of twig broom to Norway, with a 60% share of total imports. Moreover, twig broom imports from China exceeded the figures recorded by the second-largest supplier, Sweden (X units), fivefold. Poland (X units) ranked third in terms of total imports with a 7.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+1.3% per year) and Poland (+3.8% per year).

In value terms, China ($X), Sweden ($X) and Poland ($X) constituted the largest twig broom suppliers to Norway, together comprising 63% of total imports. Germany, Denmark and Pakistan lagged somewhat behind, together comprising a further 26%.

In terms of the main suppliers, Pakistan, with a CAGR of +196.9%, saw 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

The average twig broom import price stood at $X per unit in 2021, increasing by 40% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 64%. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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