Peru - Brooms and Brushes of Twigs - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPeru: Twig Broom Market 2024
Twig Broom Market Size in Peru
For the fifth consecutive year, the Peruvian twig broom market recorded growth in sales value, which increased by 31% to $X in 2021. In general, consumption enjoyed a remarkable increase. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in years to come.
Twig Broom Exports
Exports from Peru
In 2021, approx. X units of brooms and brushes of twigs were exported from Peru; growing by 32% on the previous year. Overall, exports posted a significant expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 389% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2021, the exports remained at a lower figure.
In value terms, twig broom exports surged to $X in 2021. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2013 when exports increased by 379%. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in years to come.
Exports by Country
Chile (X units) was the main destination for twig broom exports from Peru, with a 55% share of total exports. Moreover, twig broom exports to Chile exceeded the volume sent to the second major destination, Bolivia (X units), twofold. The third position in this ranking was taken by Saint Maarten (Dutch part) (X units), with a 10% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to Chile stood at +115.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (+63.0% per year) and Saint Maarten (Dutch part) (0.0% per year).
In value terms, the largest markets for twig broom exported from Peru were Bolivia ($X), Chile ($X) and Saint Maarten (Dutch part) ($X), together comprising 87% of total exports.
In terms of the main countries of destination, Bolivia, with a CAGR of +146.9%, saw 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
In 2021, the average twig broom export price amounted to $X per unit, increasing by 20% against the previous year. Over the period under review, the export price, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2013 an increase of 106% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2021, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Saint Maarten (Dutch part) ($X per unit), while the average price for exports to Chile ($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 Aruba (+66.7%), while the prices for the other major destinations experienced more modest paces of growth.
Twig Broom Imports
Imports into Peru
In 2021, approx. X units of brooms and brushes of twigs were imported into Peru; with an increase of 43% on 2020 figures. Overall, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 90% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.
In value terms, twig broom imports expanded notably to $X in 2021. Over the period under review, imports recorded a resilient increase. The pace of growth appeared the most rapid in 2019 with an increase of 88%. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.
Imports by Country
In 2021, China (X units) was the main twig broom supplier to Peru, with a 97% share of total imports. It was followed by Spain (X units), with a 2.3% share of total imports.
From 2012 to 2021, the average annual growth rate of volume from China amounted to +21.5%.
In value terms, China ($X) constituted the largest supplier of brooms and brushes of twigs to Peru, comprising 61% of total imports. The second position in the ranking was taken by Spain ($X), with a 19% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +4.7%.
Import Prices by Country
The average twig broom import price stood at $X per unit in 2021, declining by -24.1% against the previous year. Over the period under review, the import price showed a deep reduction. The pace of growth appeared the most rapid in 2019 when the average import price increased by 28%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per unit), while the price for China amounted to $X per unit.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (-10.9%).
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the twig broom market in Peru. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32911110 - Brooms and brushes of twigs or other vegetable materials, b ound together
Country coverage:
- Peru
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Peru
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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