Switzerland: Twig Broom Market 2024

Twig Broom Market Size in Switzerland

The Swiss twig broom market surged to $X in 2021, increasing by 17% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Twig Broom Exports

Exports from Switzerland

In 2021, overseas shipments of brooms and brushes of twigs increased by 47% to X units, rising for the second year in a row after two years of decline. Overall, exports, however, showed a noticeable curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 92% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, twig broom exports skyrocketed to $X in 2021. Over the period under review, exports enjoyed a noticeable increase. The pace of growth was the most pronounced in 2017 when exports increased by 142% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Japan (X units), Germany (X units) and Austria (X units) were the main destinations of twig broom exports from Switzerland, with a combined 66% share of total exports. France, South Korea, Finland, Italy and the United States lagged somewhat behind, together accounting for a further 19%.

From 2012 to 2021, the biggest increases were recorded for Finland (with a CAGR of +80,440.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Germany ($X) and Austria ($X) were the largest markets for twig broom exported from Switzerland worldwide, together comprising 67% of total exports. These countries were followed by France, South Korea, Finland, Italy and the United States, which together accounted for a further 19%.

In terms of the main countries of destination, Finland, with a CAGR of +98,633.3%, saw 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, rising by 33% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2012 to 2021: its price increased at an average annual rate of +6.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, twig broom export price increased by +40.1% against 2019 indices. The most prominent rate of growth was recorded in 2014 an increase of 38%. The export price peaked in 2021 and is expected to retain growth in the near future.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the countries with the highest prices were the United States ($X per unit) and Japan ($X per unit), while the average price for exports to South Korea ($X per unit) and France ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+22.6%), while the prices for the other major destinations experienced more modest paces of growth.

Twig Broom Imports

Imports into Switzerland

In 2021, after two years of growth, there was significant decline in overseas purchases of brooms and brushes of twigs, when their volume decreased by -10.7% to X units. Over the period under review, imports showed a slight slump. The pace of growth appeared the most rapid in 2017 when imports increased by 27% against the previous year. Over the period under review, imports reached the peak figure at X units in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, twig broom imports surged to $X in 2021. In general, total imports indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +60.7% against 2018 indices. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Austria (X units), Serbia (X units) and China (X units) were the main suppliers of twig broom imports to Switzerland, with a combined 79% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +46.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest twig broom suppliers to Switzerland were Serbia ($X), China ($X) and Austria ($X), with a combined 77% share of total imports.

In terms of the main suppliers, Austria, with a CAGR of +39.2%, 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

In 2021, the average twig broom import price amounted to $X per unit, with an increase of 52% against the previous year. Over the last nine years, it increased at an average annual rate of +2.6%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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