Republic of Korea - Brooms, Brushes And Mops - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Broom, Brush, and Mop in South Korea - 2022
Contents:
- Price for Broom, Brush, and Mop in South Korea (CIF) - 2022
- Price for Broom, Brush, and Mop in South Korea (FOB) - 2022
- Imports of Broom, Brush, and Mop in South Korea
- Exports of Broom, Brush, and Mop in South Korea
Price for Broom, Brush, and Mop in South Korea (CIF) - 2022
The average broom, brush, and mop import price stood at $1.2 per unit in December 2022, picking up by 8.5% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was the United States ($2.1 per unit), while the price for India ($656 per thousand units) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Broom, Brush, and Mop in South Korea (FOB) - 2022
The average broom, brush, and mop export price stood at $1.9 per unit in 2022, with an increase of 15% against the previous year. Overall, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 an increase of 50% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($3.3 per unit), while the average price for exports to Singapore ($1 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 Hong Kong SAR (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Broom, Brush, and Mop in South Korea
In 2022, the amount of brooms, brushes, and mops imported into South Korea expanded notably to 241M units, increasing by 12% against 2021 figures. In general, imports, however, continue to indicate a pronounced contraction. Over the period under review, imports reached the maximum at 258M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, broom, brush, and mop imports reached $231M in 2022. The total import value increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 8.2%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.
| Import of Broom, Brush, and Mop in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 131 | 130 | 142 | 150 | 4.6% |
| United States | 20.9 | 16.3 | 19.8 | 21.1 | 0.3% |
| Vietnam | 11.7 | 10.2 | 11.5 | 12.7 | 2.8% |
| Germany | 12.7 | 11.6 | 11.1 | 11.4 | -3.5% |
| Japan | 11.9 | 10.1 | 9.9 | 9.0 | -8.9% |
| Malaysia | 5.2 | 5.7 | 6.1 | 5.4 | 1.3% |
| India | 5.5 | 5.4 | 5.8 | 3.9 | -10.8% |
| Ireland | 9.8 | 4.7 | 5.6 | 2.3 | -38.3% |
| Others | 13.5 | 17.1 | 16.2 | 14.2 | 1.7% |
| Total | 222 | 211 | 228 | 231 | 1.3% |
Top Suppliers of Broom, Brush, and Mop to South Korea in 2022:
- China (157.2M units)
- Vietnam (15.7M units)
- Germany (14.9M units)
- United States (12.6M units)
- Japan (7.6M units)
- Malaysia (6.5M units)
- India (6.0M units)
- Ireland (3.5M units)
Exports of Broom, Brush, and Mop in South Korea
In 2022, overseas shipments of brooms, brushes, and mops decreased by -12% to 53M units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +4.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. As a result, the exports attained the peak of 61M units, and then shrank in the following year.
In value terms, broom, brush, and mop exports reached $100M in 2022. The total export value increased at an average annual rate of +4.3% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 25% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Broom, Brush, and Mop in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 20.7 | 14.8 | 20.5 | 23.1 | 3.7% |
| Japan | 9.3 | 11.7 | 14.5 | 14.4 | 15.7% |
| Belgium | 4.8 | 4.4 | 7.9 | 11.3 | 33.0% |
| China | 14.7 | 13.6 | 15.2 | 10.8 | -9.8% |
| Russia | 2.5 | 2.5 | 2.9 | 4.4 | 20.7% |
| Brazil | 2.4 | 2.5 | 3.4 | 3.5 | 13.4% |
| Taiwan (Chinese) | 4.2 | 3.6 | 3.9 | 3.5 | -5.9% |
| Vietnam | 4.0 | 3.7 | 3.5 | 2.7 | -12.3% |
| Thailand | 2.4 | 2.0 | 2.1 | 2.2 | -2.9% |
| Singapore | 0.7 | 1.2 | 0.8 | 1.7 | 34.4% |
| Malaysia | 1.0 | 1.4 | 1.9 | 1.7 | 19.3% |
| Others | 21.7 | 18.1 | 22.6 | 21.1 | -0.9% |
| Total | 88.5 | 79.5 | 99.3 | 100 | 4.2% |
Top Export Markets for Broom, Brush, and Mop from South Korea in 2022:
- United States (10.3M units)
- Japan (8.5M units)
- China (4.7M units)
- Russia (4.2M units)
- Belgium (3.4M units)
- Taiwan (Chinese) (3.1M units)
- Vietnam (1.9M units)
- Singapore (1.7M units)
- Malaysia (1.5M units)
- Brazil (1.4M units)
- Thailand (1.3M units)
This report provides an in-depth analysis of the market for broom, brush, and mop in Republic of Korea. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32911110 - Brooms and brushes of twigs or other vegetable materials, b ound together
- Prodcom 32911140 - Non-motorised, hand-operated mechanical floor sweepers and other brushes for road, household or animals
- Prodcom 32911190 - Brushes, n.e.c.
- Prodcom 32911210 - Tooth brushes
- Prodcom 32911235 - Hair brushes
- Prodcom 32911237 - Shaving and toilet brushes for personal use (excluding tooth brushes and hair brushes)
- Prodcom 32911250 - Artists
- Prodcom 32911270 - Brushes for the application of cosmetics
- Prodcom 32911930 - Paint brushes, distempering brushes, paper-hanging brushes and varnishing brushes
- Prodcom 32911950 - Paint pads and rollers
- Prodcom 32911970 - Brushes constituting parts of machines, appliances or vehicles (excluding for road-sweepers)
Country coverage:
- South Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Republic of Korea
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
322
This report provides an in-depth analysis of the market for broom, brush, and mop in Republic of Korea.
296
This report provides an in-depth analysis of the paint pads and rollers market in Republic of Korea.
209
This report provides an in-depth analysis of the market for paint, distemper, varnish or similar brush, paint pad and roller in Republic of Korea.
304
This report provides an in-depth analysis of the market for hair, shaving and toilet brush in Republic of Korea.
302
This report provides an in-depth analysis of the tooth brush market in Republic of Korea.
224
This report provides an in-depth analysis of the market for paint brushes, distempering brushes, paper-hanging brushes and varnishing brushes in Republic of Korea.
278
This report provides an in-depth analysis of the market for mechanical hand floor sweeper in Republic of Korea.
251
This report provides an in-depth analysis of the market for brushes for the application of cosmetics in Republic of Korea.
230
This report provides an in-depth analysis of the appliance part brush market in Republic of Korea.
332
This report provides an in-depth analysis of the twig broom market in Republic of Korea.
Nothing found. Please try again.
