Western Africa: Twig Broom Market 2024

Twig Broom Market Size in Western Africa

After three years of decline, the West African twig broom market increased by 15% to $X in 2021. The total consumption indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Twig Broom Production in Western Africa

In value terms, twig broom production contracted to $X in 2021 estimated in export price. In general, production saw a mild descent. The growth pace was the most rapid in 2017 with an increase of 47% against the previous year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Twig Broom Exports

Exports in Western Africa

Twig broom exports dropped dramatically to X units in 2021, declining by -51.6% against 2020 figures. In general, exports recorded a deep reduction. The most prominent rate of growth was recorded in 2019 with an increase of 86%. As a result, the exports attained the peak of X units. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, twig broom exports declined remarkably to $X in 2021. Over the period under review, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2019 with an increase of 54%. 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

The shipments of the three major exporters of brooms and brushes of twigs, namely Cote d'Ivoire, Nigeria and Togo, represented more than two-thirds of total export. It was distantly followed by Ghana (X units), committing an 8% share of total exports. Mali (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Nigeria (with a CAGR of +42.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest twig broom supplying countries in Western Africa were Cote d'Ivoire ($X), Nigeria ($X) and Togo ($X), with a combined 75% share of total exports.

In terms of the main exporting countries, Togo, with a CAGR of +23.6%, 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

The export price in Western Africa stood at $X per unit in 2021, with a decrease of -22.5% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.0%. The pace of growth was the most pronounced in 2018 an increase of 36% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2021, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Ghana ($X per unit), while Nigeria ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ghana (+9.1%), while the other leaders experienced more modest paces of growth.

Twig Broom Imports

Imports in Western Africa

In 2021, after five years of decline, there was significant growth in overseas purchases of brooms and brushes of twigs, when their volume increased by 11% to X units. In general, imports enjoyed a perceptible increase. The most prominent rate of growth was recorded in 2014 with an increase of 83% against the previous year. Over the period under review, imports hit record highs at X units in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, twig broom imports soared to $X in 2021. Overall, imports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 82%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

The countries with the highest levels of twig broom imports in 2021 were Nigeria (X units), Senegal (X units), Togo (X units) and Ghana (X units), together recording 77% of total import. Gambia (X units) ranks next in terms of the total imports with a 6.7% share, followed by Cote d'Ivoire (4.5%). Cabo Verde (X units) held a little share of total imports.

From 2012 to 2021, the biggest increases were recorded for Gambia (with a CAGR of +38.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X), Senegal ($X) and Togo ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 75% share of total imports.

In terms of the main importing countries, Togo, with a CAGR of +46.5%, recorded the highest growth rate of 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

The import price in Western Africa stood at $X per unit in 2021, growing by 23% against the previous year. Import price indicated a temperate increase from 2012 to 2021: its price increased at an average annual rate of +4.6% 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 import price increased by +89.3% against 2016 indices. The pace of growth was the most pronounced in 2018 when the import price increased by 32% against the previous year. The level of import peaked in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Cabo Verde ($X per unit), while Gambia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cabo Verde (+8.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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