South-Eastern Asia: Market for Brooms, Brushes, And Mops 2024

Market Size for Brooms, Brushes, And Mops in South-Eastern Asia

The Southeast Asian broom, brush, and mop market was estimated at $X in 2022, growing by 2.1% against the previous year. Over the period under review, consumption posted a remarkable increase. The level of consumption peaked at $X in 2019; afterwards, it flattened through to 2022.

Production of Brooms, Brushes, And Mops in South-Eastern Asia

In value terms, broom, brush, and mop production declined slightly to $X in 2022 estimated in export price. The total production indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -7.0% against 2019 indices. The pace of growth was the most pronounced in 2017 when the production volume increased by 40% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Brooms, Brushes, And Mops

Exports in South-Eastern Asia

In 2022, after two years of growth, there was decline in shipments abroad of brooms, brushes, and mops, when their volume decreased by -1.7% to X units. The total export volume increased at an average annual rate of +1.4% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 with an increase of 12%. Over the period under review, the exports reached the peak figure at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, broom, brush, and mop exports declined modestly to $X in 2022. The total export value increased at an average annual rate of +3.5% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 with an increase of 16%. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Thailand (X units) was the largest exporter of brooms, brushes, and mops, committing 47% of total exports. Vietnam (X units) took a 26% share (based on physical terms) of total exports, which put it in second place, followed by Malaysia (14%). Singapore (X units), Indonesia (X units) and Cambodia (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Cambodia (with a CAGR of +74.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X) remains the largest broom, brush, and mop supplier in South-Eastern Asia, comprising 41% of total exports. The second position in the ranking was taken by Thailand ($X), with a 20% share of total exports. It was followed by Malaysia, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Vietnam totaled +4.5%. The remaining exporting countries recorded the following average annual rates of exports growth: Thailand (+1.2% per year) and Malaysia (+1.6% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per unit, declining by -2.8% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2017 an increase of 22%. The level of export peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Indonesia ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+7.5%), while the other leaders experienced more modest paces of growth.

Imports of Brooms, Brushes, And Mops

Imports in South-Eastern Asia

In 2022, after three years of decline, there was significant growth in overseas purchases of brooms, brushes, and mops, when their volume increased by 33% to X units. The total import volume increased at an average annual rate of +4.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, broom, brush, and mop imports expanded markedly to $X in 2022. Total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +7.7% 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 +17.4% against 2018 indices. The pace of growth was the most pronounced in 2014 with an increase of 19%. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

Imports by Country

In 2022, Thailand (X units) and the Philippines (X units) represented the main importers of brooms, brushes, and mops in South-Eastern Asia, together amounting to near 50% of total imports. Malaysia (X units) took a 15% share (based on physical terms) of total imports, which put it in second place, followed by Vietnam (14%), Singapore (8.5%) and Indonesia (6.2%). Myanmar (X units) held a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Myanmar (with a CAGR of +25.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), Thailand ($X) and the Philippines ($X) constituted the countries with the highest levels of imports in 2022, with a combined 55% share of total imports.

In terms of the main importing countries, the Philippines, with a CAGR of +16.0%, recorded 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 import price in South-Eastern Asia stood at $X per unit in 2022, shrinking by -18.9% against the previous year. Import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 an increase of 12%. As a result, import price reached the peak level of $X per unit, and then dropped notably in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Indonesia ($X per unit), while Myanmar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+8.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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