Serbia: Market for Brooms, Brushes, And Mops 2024

Market Size for Brooms, Brushes, And Mops in Serbia

The Serbian broom, brush, and mop market reduced to $X in 2022, with a decrease of -12.9% against the previous year. Overall, consumption showed a deep slump. Broom, brush, and mop consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Brooms, Brushes, And Mops in Serbia

In value terms, broom, brush, and mop production declined rapidly to $X in 2022 estimated in export price. Overall, production saw a deep setback. The most prominent rate of growth was recorded in 2018 when the production volume increased by 30% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Exports of Brooms, Brushes, And Mops

Exports from Serbia

In 2022, after three years of growth, there was significant decline in shipments abroad of brooms, brushes, and mops, when their volume decreased by -30.1% to X units. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by 35%. Over the period under review, the exports reached the maximum at X units in 2021, and then declined rapidly in the following year.

In value terms, broom, brush, and mop exports contracted significantly to $X in 2022. Over the period under review, total exports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.4% against 2015 indices. The most prominent rate of growth was recorded in 2021 with an increase of 37%. As a result, the exports attained the peak of $X, and then fell notably in the following year.

Exports by Country

Germany (X units), Russia (X units) and Bosnia and Herzegovina (X units) were the main destinations of broom, brush, and mop exports from Serbia, together accounting for 45% of total exports. Romania, Italy, Croatia, Switzerland, France, Montenegro, Slovenia, Algeria, North Macedonia and Armenia lagged somewhat behind, together accounting for a further 44%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Algeria (with a CAGR of +166.8%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Croatia ($X) constituted the largest markets for broom, brush, and mop exported from Serbia worldwide, together accounting for 40% of total exports. Russia, Switzerland, Bosnia and Herzegovina, France, Romania, Montenegro, Slovenia, North Macedonia, Algeria and Armenia lagged somewhat behind, together accounting for a further 44%.

Armenia, with a CAGR of +105.2%, recorded the highest growth rate of the value of exports, among 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, growing by 16% against the previous year. Overall, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.7% 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 export price increased by +29.7% against 2020 indices. The pace of growth was the most pronounced in 2018 an increase of 82% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to Algeria ($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 Croatia (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Brooms, Brushes, And Mops

Imports into Serbia

Broom, brush, and mop imports into Serbia rose notably to X units in 2022, growing by 7% on the previous year. In general, total imports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of +5.3% 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 +75.6% against 2015 indices. The most prominent rate of growth was recorded in 2020 with an increase of 25%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, broom, brush, and mop imports rose sharply to $X in 2022. Over the period under review, imports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2018 when imports increased by 22% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest broom, brush, and mop supplier to Serbia, with a 50% share of total imports. Moreover, broom, brush, and mop imports from China exceeded the figures recorded by the second-largest supplier, Switzerland (X units), fivefold. Italy (X units) ranked third in terms of total imports with an 8.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +8.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+9.1% per year) and Italy (+3.1% per year).

In value terms, China ($X) constituted the largest supplier of brooms, brushes, and mops to Serbia, comprising 46% of total imports. The second position in the ranking was taken by Switzerland ($X), with a 9.6% share of total imports. It was followed by Italy, with a 9.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +10.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+15.5% per year) and Italy (+4.5% per year).

Import Prices by Country

In 2022, the average broom, brush, and mop import price amounted to $X per unit, growing by 4.4% against the previous year. Over the last decade, it increased at an average annual rate of +3.1%. The most prominent rate of growth was recorded in 2021 an increase of 17%. The import price peaked in 2022 and is likely to see gradual growth in years to come.

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 ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform