Russian Federation: Twig Broom Market 2024

Twig Broom Market Size in the Russian Federation

The Russian twig broom market totaled $X in 2021, increasing by 4.6% against the previous year. In general, consumption saw a noticeable descent. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Twig Broom Production in the Russian Federation

In value terms, twig broom production expanded rapidly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2015 with an increase of 140% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a somewhat lower figure.

Twig Broom Exports

Exports from the Russian Federation

In 2021, shipments abroad of brooms and brushes of twigs increased by 67% to X units, rising for the second consecutive year after two years of decline. In general, exports saw a significant increase. The growth pace was the most rapid in 2016 when exports increased by 108% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, twig broom exports skyrocketed to $X in 2021. Overall, exports enjoyed a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Ukraine (X units) was the main destination for twig broom exports from Russia, accounting for a 42% share of total exports. Moreover, twig broom exports to Ukraine exceeded the volume sent to the second major destination, Kazakhstan (X units), twofold. The third position in this ranking was taken by Belarus (X units), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Ukraine amounted to +110.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+27.1% per year) and Belarus (+7.9% per year).

In value terms, Ukraine ($X), Kazakhstan ($X) and Belarus ($X) were the largest markets for twig broom exported from Russia worldwide, with a combined 61% share of total exports.

In terms of the main countries of destination, Ukraine, with a CAGR of +99.4%, recorded the highest rates of growth with regard to 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, surging by 6.1% against the previous year. Overall, the export price, however, continues to indicate a pronounced decline. The pace of growth was the most pronounced in 2019 when the average export price increased by 21%. Over the period under review, the average export prices attained the maximum at $X per unit in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Lithuania ($X per unit), while the average price for exports to Ukraine ($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 Lithuania (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Twig Broom Imports

Imports into the Russian Federation

In 2021, after three years of growth, there was decline in supplies from abroad of brooms and brushes of twigs, when their volume decreased by -0.6% to X units. Over the period under review, imports showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of 97% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, twig broom imports expanded remarkably to $X in 2021. Overall, imports showed a perceptible downturn. The most prominent rate of growth was recorded in 2019 when imports increased by 166% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Uzbekistan (X units) constituted the largest twig broom supplier to Russia, with a 87% share of total imports. Moreover, twig broom imports from Uzbekistan exceeded the figures recorded by the second-largest supplier, Moldova (X units), more than tenfold. Vietnam (X units) ranked third in terms of total imports with a 2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Uzbekistan amounted to +14.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Moldova (-24.4% per year) and Vietnam (-7.4% per year).

In value terms, Uzbekistan ($X) constituted the largest supplier of brooms and brushes of twigs to Russia, comprising 81% of total imports. The second position in the ranking was held by Moldova ($X), with a 6.5% share of total imports. It was followed by China, with a 4.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Uzbekistan amounted to +7.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Moldova (-26.0% per year) and China (-0.4% per year).

Import Prices by Country

In 2021, the average twig broom import price amounted to $X per unit, increasing by 12% against the previous year. Over the period under review, the import price, however, saw a pronounced setback. The most prominent rate of growth was recorded in 2019 an increase of 35% against the previous year. As a result, import price reached the peak level of $X per unit. From 2020 to 2021, the average import prices remained at a 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 China ($X per unit), while the price for Moldova ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+9.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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