Romania: Twig Broom Market 2024

Twig Broom Market Size in Romania

The Romanian twig broom market rose to $X in 2021, increasing by 1.5% against the previous year. Overall, the total consumption indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +76.9% against 2015 indices. Twig broom consumption peaked in 2021 and is likely to continue growth in the near future.

Twig Broom Production in Romania

In value terms, twig broom production expanded to $X in 2021 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 25% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Twig Broom Exports

Exports from Romania

In 2021, approx. X units of brooms and brushes of twigs were exported from Romania; rising by 62% compared with the previous year's figure. In general, exports recorded a resilient expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 71%. Over the period under review, the exports reached the maximum in 2021 and are likely to continue growth in the near future.

In value terms, twig broom exports reached $X in 2021. Overall, exports, however, saw a abrupt slump. The pace of growth appeared the most rapid in 2020 when exports increased by 8.9%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Italy (X units) was the main destination for twig broom exports from Romania, with a 81% share of total exports. Moreover, twig broom exports to Italy exceeded the volume sent to the second major destination, France (X units), fivefold. The third position in this ranking was held by the UK (X units), with a 2.2% share.

From 2012 to 2021, the average annual growth rate of volume to Italy totaled +7.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+6.7% per year) and the UK (+115.0% per year).

In value terms, Italy ($X) remains the key foreign market for brooms and brushes of twigs exports from Romania, comprising 68% of total exports. The second position in the ranking was held by France ($X), with a 24% share of total exports. It was followed by the UK, with a 7% share.

From 2012 to 2021, the average annual growth rate of value to Italy stood at -8.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-6.8% per year) and the UK (+104.6% per year).

Export Prices by Country

In 2021, the average twig broom export price amounted to $X per unit, dropping by -37.7% against the previous year. In general, the export price showed a abrupt descent. The most prominent rate of growth was recorded in 2014 an increase of 3.3%. As a result, the export price reached the peak level of $X per unit. From 2015 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 the UK ($X per unit), while the average price for exports to Italy ($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 the UK (-4.8%), while the prices for the other major destinations experienced a decline.

Twig Broom Imports

Imports into Romania

In 2021, the amount of brooms and brushes of twigs imported into Romania surged to X units, jumping by 141% against the previous year. In general, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 310% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to see gradual growth in the immediate term.

In value terms, twig broom imports soared to $X in 2021. Over the period under review, imports recorded a resilient increase. The pace of growth appeared the most rapid in 2017 with an increase of 170%. Imports peaked in 2021 and are likely to continue growth in the immediate term.

Imports by Country

Moldova (X units), Serbia (X units) and Italy (X units) were the main suppliers of twig broom imports to Romania, together comprising 56% of total imports. China, Poland, India, Hungary, Spain, Greece, Germany, Austria and the UK lagged somewhat behind, together comprising a further 41%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +568.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest twig broom suppliers to Romania were Serbia ($X), Italy ($X) and China ($X), together comprising 49% of total imports. These countries were followed by Moldova, Poland, Germany, Hungary, the UK, Austria, Spain, Greece and India, which together accounted for a further 48%.

In terms of the main suppliers, India, with a CAGR of +557.6%, saw the highest growth rate of 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

In 2021, the average twig broom import price amounted to $X per unit, reducing by -49.2% against the previous year. In general, the import price continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2017 when the average import price increased by 53% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (-1.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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