Thailand: Market for Brooms, Brushes, And Mops 2024

Market Size for Brooms, Brushes, And Mops in Thailand

The Thai broom, brush, and mop market reduced slightly to $X in 2022, dropping by -2.2% against the previous year. Overall, consumption continues to indicate a remarkable increase. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Brooms, Brushes, And Mops in Thailand

In value terms, broom, brush, and mop production declined to $X in 2022 estimated in export price. Over the period under review, production, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2019 when the production volume increased by 57%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Exports of Brooms, Brushes, And Mops

Exports from Thailand

In 2022, shipments abroad of brooms, brushes, and mops increased by 6.7% to X units, rising for the second year in a row after three years of decline. In general, total exports indicated a temperate expansion from 2012 to 2022: its volume increased at an average annual rate of +3.8% 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 +20.6% against 2020 indices. The growth pace was the most rapid in 2015 with an increase of 24%. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, broom, brush, and mop exports amounted to $X in 2022. The total export value increased at an average annual rate of +1.2% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by 19%. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Japan (X units) was the main destination for broom, brush, and mop exports from Thailand, accounting for a 45% share of total exports. Moreover, broom, brush, and mop exports to Japan exceeded the volume sent to the second major destination, Myanmar (X units), fourfold. Taiwan (Chinese) (X units) ranked third in terms of total exports with a 4.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Japan stood at +4.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Myanmar (+29.4% per year) and Taiwan (Chinese) (-1.0% per year).

In value terms, Japan ($X) remains the key foreign market for brooms, brushes, and mops exports from Thailand, comprising 32% of total exports. The second position in the ranking was held by Myanmar ($X), with an 11% share of total exports. It was followed by the United States, with a 7.2% share.

From 2012 to 2022, the average annual growth rate of value to Japan amounted to -1.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Myanmar (+17.9% per year) and the United States (-1.8% per year).

Export Prices by Country

The average broom, brush, and mop export price stood at $X per unit in 2022, which is down by -5.6% against the previous year. Overall, the export price recorded a perceptible decline. The pace of growth appeared the most rapid in 2013 when the average export price increased by 14%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to South Korea ($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 the United States (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Brooms, Brushes, And Mops

Imports into Thailand

In 2022, imports of brooms, brushes, and mops into Thailand soared to X units, increasing by 25% on 2021 figures. The total import volume increased at an average annual rate of +1.4% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat 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 remarkably to $X in 2022. The total import value increased at an average annual rate of +4.2% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of 19% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest supplier of broom, brush, and mop to Thailand, accounting for a 65% share of total imports. Moreover, broom, brush, and mop imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), threefold. India (X units) ranked third in terms of total imports with a 3.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+0.5% per year) and India (+10.7% per year).

In value terms, China ($X) constituted the largest supplier of brooms, brushes, and mops to Thailand, comprising 63% of total imports. The second position in the ranking was held by Vietnam ($X), with a 14% share of total imports. It was followed by India, with a 3.1% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +6.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+5.0% per year) and India (+7.5% per year).

Import Prices by Country

In 2022, the average broom, brush, and mop import price amounted to $X per unit, which is down by -12.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. The most prominent rate of growth was recorded in 2019 an increase of 25%. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

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