Sweden: Twig Broom Market 2024

Twig Broom Market Size in Sweden

In 2021, the Swedish twig broom market increased by 3.5% to $X, rising for the fourth consecutive year after two years of decline. Overall, consumption posted a resilient increase. Twig broom consumption peaked in 2021 and is expected to retain growth in the immediate term.

Twig Broom Production in Sweden

In value terms, twig broom production declined to $X in 2021 estimated in export price. Overall, production, however, recorded a prominent increase. The growth pace was the most rapid in 2019 when the production volume increased by 243% against the previous year. Over the period under review, production attained the maximum level at $X in 2020, and then declined in the following year.

Twig Broom Exports

Exports from Sweden

In 2021, shipments abroad of brooms and brushes of twigs increased by 9% to X units, rising for the fifth consecutive year after two years of decline. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 1,882% against the previous year. The exports peaked in 2021 and are likely to continue growth in the near future.

In value terms, twig broom exports reduced to $X in 2021. Over the period under review, exports saw a significant increase. The growth pace was the most rapid in 2019 with an increase of 1,418% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for twig broom exports from Sweden, with a 39% share of total exports. Moreover, twig broom exports to Germany exceeded the volume sent to the second major destination, Norway (X units), threefold. The third position in this ranking was taken by France (X units), with a 9% share.

From 2012 to 2021, the average annual growth rate of volume to Germany amounted to +107.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+26.2% per year) and France (-29.9% per year).

In value terms, Germany ($X) remains the key foreign market for brooms and brushes of twigs exports from Sweden, comprising 46% of total exports. The second position in the ranking was held by France ($X), with an 11% share of total exports. It was followed by the UK, with a 6.8% share.

From 2012 to 2021, the average annual growth rate of value to Germany amounted to +79.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-11.7% per year) and the UK (+99.2% per year).

Export Prices by Country

In 2021, the average twig broom export price amounted to $X per unit, waning by -16.2% against the previous year. In general, the export price saw a abrupt descent. The pace of growth was the most pronounced in 2013 an increase of 42%. 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 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 Germany ($X per unit), while the average price for exports to Norway ($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 Portugal (+27.8%), while the prices for the other major destinations experienced more modest paces of growth.

Twig Broom Imports

Imports into Sweden

For the fourth year in a row, Sweden recorded growth in supplies from abroad of brooms and brushes of twigs, which increased by 184% to X units in 2021. Overall, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, twig broom imports surged to $X in 2021. In general, imports, however, continue to indicate a pronounced decline. The most prominent rate of growth was recorded in 2016 when imports increased by 84%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest twig broom supplier to Sweden, with a 52% share of total imports. Moreover, twig broom imports from China exceeded the figures recorded by the second-largest supplier, Poland (X units), fourfold. Serbia (X units) ranked third in terms of total imports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +43.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+33.0% per year) and Serbia (+79.2% per year).

In value terms, the largest twig broom suppliers to Sweden were China ($X), Germany ($X) and Sri Lanka ($X), with a combined 61% share of total imports.

Sri Lanka, with a CAGR of +175.7%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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, with a decrease of -39.8% against the previous year. In general, the import price showed a precipitous decline. The growth pace was the most rapid in 2016 when the average import price increased by 10%. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (-2.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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