Uruguay: Market for Brooms, Brushes, And Mops 2024

Market Size for Brooms, Brushes, And Mops in Uruguay

In 2022, the Uruguayan broom, brush, and mop market increased by 8.5% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption saw a relatively flat trend pattern. Broom, brush, and mop consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Exports of Brooms, Brushes, And Mops

Exports from Uruguay

In 2022, the amount of brooms, brushes, and mops exported from Uruguay reduced to X units, falling by -13.4% compared with 2021. Overall, exports recorded a noticeable decline. The most prominent rate of growth was recorded in 2017 when exports increased by 43%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, broom, brush, and mop exports fell to $X in 2022. The total export value increased at an average annual rate of +1.9% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2017 when exports increased by 21%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Paraguay (X units) was the main destination for broom, brush, and mop exports from Uruguay, with a 79% share of total exports. Moreover, broom, brush, and mop exports to Paraguay exceeded the volume sent to the second major destination, Peru (X units), fivefold. The third position in this ranking was held by Chile (X units), with a 3.9% share.

From 2012 to 2022, the average annual growth rate of volume to Paraguay amounted to -1.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (-1.9% per year) and Chile (-13.8% per year).

In value terms, Paraguay ($X) remains the key foreign market for brooms, brushes, and mops exports from Uruguay, comprising 85% of total exports. The second position in the ranking was held by Peru ($X), with a 13% share of total exports. It was followed by Chile, with a 1.3% share.

From 2012 to 2022, the average annual growth rate of value to Paraguay totaled +3.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (+1.1% per year) and Chile (-17.8% per year).

Export Prices by Country

The average broom, brush, and mop export price stood at $X per unit in 2022, increasing by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +5.0%. The most prominent rate of growth was recorded in 2013 an increase of 40%. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($X per unit), while the average price for exports to Chile ($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 Argentina (+46.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Brooms, Brushes, And Mops

Imports into Uruguay

Broom, brush, and mop imports into Uruguay reduced to X units in 2022, with a decrease of -5.3% against the previous year. In general, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 16%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, broom, brush, and mop imports rose markedly to $X in 2022. The total import value increased at an average annual rate of +1.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, China (X units) constituted the largest broom, brush, and mop supplier to Uruguay, accounting for a 54% share of total imports. Moreover, broom, brush, and mop imports from China exceeded the figures recorded by the second-largest supplier, Brazil (X units), twofold. The third position in this ranking was held by Vietnam (X units), with a 9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled -4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-4.0% per year) and Vietnam (-11.3% per year).

In value terms, the largest broom, brush, and mop suppliers to Uruguay were China ($X), Brazil ($X) and the United States ($X), with a combined 81% share of total imports.

China, with a CAGR of +5.5%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average broom, brush, and mop import price stood at $X per unit in 2022, growing by 18% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, broom, brush, and mop import price increased by +29.8% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of 36% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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