Global Appliance Part Brush Market 2024

Appliance Part Brush Market Size

In 2022, after two years of decline, there was significant growth in the global appliance part brush market, when its value increased by 16% to $X. The market 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 throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Appliance Part Brush Production

In value terms, appliance part brush production reduced slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.8% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2019 with an increase of 7.5%. Global production peaked at $X in 2021, and then reduced modestly in the following year.

Appliance Part Brush Exports

Exports

In 2022, approx. X units of brushes constituting parts of appliances were exported worldwide; picking up by 6.9% against the previous year's figure. Over the period under review, exports saw resilient growth. The pace of growth was the most pronounced in 2020 with an increase of 49%. The global exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, appliance part brush exports dropped slightly to $X in 2022. Overall, total exports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +4.8% 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 +17.2% against 2018 indices. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. As a result, the exports attained the peak of $X, and then declined modestly in the following year.

Exports by Country

China dominates exports structure, accounting for X units, which was near 55% of total exports in 2022. It was distantly followed by Germany (X units), creating a 9.7% share of total exports. The following exporters - Italy (X units), the United States (X units), Poland (X units), the Netherlands (X units), the Czech Republic (X units), Estonia (X units) and France (X units) - together made up 19% of total exports.

China was also the fastest-growing in terms of the brushes constituting parts of appliances exports, with a CAGR of +22.4% from 2012 to 2022. At the same time, Poland (+12.7%), Italy (+7.4%), France (+5.5%), Estonia (+3.6%), the Netherlands (+2.9%) and the Czech Republic (+2.3%) displayed positive paces of growth. Germany experienced a relatively flat trend pattern. By contrast, the United States (-1.0%) illustrated a downward trend over the same period. While the share of China (+37 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of the Czech Republic (-1.6 p.p.), the Netherlands (-1.9 p.p.), the United States (-6.5 p.p.) and Germany (-12.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Germany ($X) and the United States ($X) constituted the countries with the highest levels of exports in 2022, with a combined 57% share of global exports. Italy, the Netherlands, Poland, France, the Czech Republic and Estonia lagged somewhat behind, together accounting for a further 15%.

In terms of the main exporting countries, Poland, with a CAGR of +20.3%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average appliance part brush export price stood at $X per unit in 2022, shrinking by -9.6% against the previous year. Over the period under review, the export price continues to indicate a noticeable setback. The pace of growth was the most pronounced in 2018 when the average export price increased by 8.3%. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average 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 the United States ($X per unit), while Estonia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+6.7%), while the other global leaders experienced more modest paces of growth.

Appliance Part Brush Imports

Imports

In 2022, after three years of growth, there was significant decline in supplies from abroad of brushes constituting parts of appliances, when their volume decreased by -6.7% to X units. Over the period under review, total imports indicated a noticeable increase from 2012 to 2022: its volume increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.7% against 2012 indices. The pace of growth was the most pronounced in 2021 when imports increased by 27% against the previous year. As a result, imports attained the peak of X units, and then dropped in the following year.

In value terms, appliance part brush imports contracted to $X in 2022. Overall, total imports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +23.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 28%. As a result, imports reached the peak of $X, and then dropped in the following year.

Imports by Country

The purchases of the three major importers of brushes constituting parts of appliances, namely the United States, Russia and Germany, represented more than third of total import. France (X units), Mexico (X units), Italy (X units), Canada (X units), Poland (X units), Thailand (X units), the Netherlands (X units), China (X units), Spain (X units) and Vietnam (X units) took a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Vietnam (with a CAGR of +32.7%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest appliance part brush importing markets worldwide were the United States ($X), Germany ($X) and China ($X), together comprising 26% of global imports. Russia, Mexico, Canada, France, Italy, Poland, Vietnam, the Netherlands, Thailand and Spain lagged somewhat behind, together accounting for a further 31%.

Among the main importing countries, Vietnam, with a CAGR of +39.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average appliance part brush import price amounted to $X per unit, rising by 3.4% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 8.6% against the previous year. Global import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($X per unit), while Russia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.2%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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