Ukraine: Twig Broom Market 2024

Twig Broom Market Size in Ukraine

In 2021, the Ukrainian twig broom market increased by 75% to $X, rising for the second consecutive year after two years of decline. In general, consumption showed a buoyant increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Twig Broom Production in Ukraine

In value terms, twig broom production expanded significantly to $X in 2021 estimated in export price. Overall, production, however, enjoyed buoyant growth. The growth pace was the most rapid in 2018 when the production volume increased by 884% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Twig Broom Exports

Exports from Ukraine

In 2021, after two years of growth, there was significant decline in overseas shipments of brooms and brushes of twigs, when their volume decreased by -13.2% to X units. Overall, exports, however, saw a buoyant expansion. The growth pace was the most rapid in 2015 when exports increased by 193%. The exports peaked at X units in 2020, and then fell in the following year.

In value terms, twig broom exports skyrocketed to $X in 2021. In general, exports, however, saw strong growth. The pace of growth appeared the most rapid in 2015 with an increase of 80%. The exports peaked in 2021 and are likely to see steady growth in years to come.

Exports by Country

Poland (X units), Germany (X units) and Latvia (X units) were the main destinations of twig broom exports from Ukraine, with a combined 81% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +52.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for twig broom exported from Ukraine were Germany ($X), Poland ($X) and Latvia ($X), together comprising 88% of total exports.

In terms of the main countries of destination, Poland, with a CAGR of +47.0%, recorded 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, increasing by 40% against the previous year. Overall, the export price enjoyed prominent growth. The pace of growth was the most pronounced in 2014 an increase of 52%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Belarus ($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 Iraq (+130.5%), while the prices for the other major destinations experienced more modest paces of growth.

Twig Broom Imports

Imports into Ukraine

Twig broom imports into Ukraine skyrocketed to X units in 2021, rising by 286% against 2020 figures. Over the period under review, imports posted a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 1,323%. Imports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, twig broom imports skyrocketed to $X in 2021. In general, imports posted a buoyant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 1,335% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Uzbekistan (X units) constituted the largest supplier of twig broom to Ukraine, accounting for a 68% share of total imports. Moreover, twig broom imports from Uzbekistan exceeded the figures recorded by the second-largest supplier, Moldova (X units), fourfold. Turkmenistan (X units) ranked third in terms of total imports with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Uzbekistan stood at +45.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Moldova (+5.0% per year) and Turkmenistan (+491.1% per year).

In value terms, Uzbekistan ($X) constituted the largest supplier of brooms and brushes of twigs to Ukraine, comprising 58% of total imports. The second position in the ranking was taken by Turkmenistan ($X), with a 22% share of total imports. It was followed by Moldova, with a 19% share.

From 2012 to 2021, the average annual growth rate of value from Uzbekistan amounted to +50.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkmenistan (+310.8% per year) and Moldova (-3.2% per year).

Import Prices by Country

The average twig broom import price stood at $X per unit in 2021, with a decrease of -49.4% against the previous year. Over the period under review, the import price recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2019 when the average import price increased by 132%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :