Colombia - Brooms And Brushes Of Twigs - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 4, 2024

Colombia - Brooms And Brushes Of Twigs - Market Analysis, Forecast, Size, Trends And Insights

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Twig Broom Price in Colombia - 2022

Contents:

  1. Twig Broom Price in Colombia (CIF) - 2022
  2. Twig Broom Price in Colombia (FOB) - 2022
  3. Twig Broom Imports in Colombia
  4. Twig Broom Exports in Colombia

Twig Broom Price in Colombia (CIF) - 2022

In 2022, the average twig broom import price amounted to $1.6 per unit, waning by -18.6% against the previous year. Over the period under review, the import price, however, recorded a perceptible expansion. The pace of growth was the most pronounced in 2019 when the average import price increased by 126% against the previous year. Over the period under review, average import prices attained the maximum at $1.9 per unit in 2021, and then shrank significantly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sri Lanka ($5.6 per unit), while the price for China ($0.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+19.0%), while the prices for the other major suppliers experienced a decline.

Twig Broom Price in Colombia (FOB) - 2022

The average twig broom export price stood at $0.9 per unit in 2022, remaining relatively unchanged against the previous year. In general, the export price showed a noticeable curtailment. The growth pace was the most rapid in 2018 an increase of 16% against the previous year. The export price peaked at $1.2 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($2.6 per unit), while the average price for exports to Suriname ($0.6 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 Panama (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Twig Broom Imports in Colombia

After two years of decline, supplies from abroad of brooms and brushes of twigs increased by 201% to 6.8K units in 2022. Overall, imports, however, continue to indicate a dramatic setback. Over the period under review, imports hit record highs at 43K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, twig broom imports soared to $11K in 2022. In general, imports, however, recorded a sharp decline. Over the period under review, imports reached the maximum at $49K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Twig Broom in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama21.89.62.04.7-40.0%
China6.51.51.32.5-27.3%
Sri Lanka5.42.40.51.2-39.4%
EgyptN/AN/AN/A0.70%
Germany4.90.8N/A0.3-60.6%
Venezuela1.60.60.10.3-42.8%
India0.30.1N/A0.2-12.6%
Chile1.80.3N/A0.2-51.9%
Others6.91.80.40.8-51.2%
Total49.217.14.410.7-39.9%

Top Suppliers of Twig Broom to Colombia in 2022:

  1. China (4030.0 units)
  2. Panama (2015.0 units)
  3. Sri Lanka (206.0 units)
  4. Egypt (156.0 units)
  5. India (104.0 units)
  6. Venezuela (67.0 units)
  7. Germany (47.0 units)
  8. Chile (43.0 units)

Twig Broom Exports in Colombia

In 2022, the amount of brooms and brushes of twigs exported from Colombia dropped sharply to 123K units, with a decrease of -41.2% on the previous year's figure. Over the period under review, exports, however, showed a tangible increase. The pace of growth was the most pronounced in 2021 when exports increased by 465%. As a result, the exports attained the peak of 209K units, and then declined markedly in the following year.

In value terms, twig broom exports fell markedly to $116K in 2022. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 491%. As a result, the exports reached the peak of $199K, and then fell dramatically in the following year.

Export of Twig Broom in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States17.89.430.141.632.7%
Aruba19.33.615.518.5-1.4%
Panama16.86.218.317.20.8%
Dominican Republic37.73.99.114.3-27.6%
Suriname7.03.213.47.10.5%
Jamaica0.80.78.03.055.4%
Chile5.72.17.42.6-23.0%
BrazilN/AN/A88.3N/A0%
Others14.64.69.112.3-5.6%
Total12033.7199116-1.1%

Top Export Markets for Twig Broom from Colombia in 2022:

  1. United States (56.7K units)
  2. Dominican Republic (18.3K units)
  3. Panama (13.6K units)
  4. Suriname (11.9K units)
  5. Aruba (10.2K units)
  6. Chile (3.3K units)
  7. Jamaica (3.0K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the twig broom market in Colombia. 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

Country coverage:

  • Colombia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Colombia
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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