India - Brooms And Brushes Of Twigs - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTwig Broom Price in India - 2023
Contents:
- Twig Broom Price in India (CIF) - 2022
- Twig Broom Price in India (FOB) - 2023
- Twig Broom Imports in India
- Twig Broom Exports in India
Twig Broom Price in India (CIF) - 2022
In 2022, the average twig broom import price amounted to $1.6 per unit, rising by 25% against the previous year. Over the period under review, the import price showed a strong expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 152% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($2.4 per unit), while the price for China ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+12.1%), while the prices for the other major suppliers experienced a decline.
Twig Broom Price in India (FOB) - 2023
In July 2023, the average twig broom export price amounted to $272 per thousand units, increasing by 8% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 an increase of 67% month-to-month. As a result, the export price attained the peak level of $0.4 per unit. From December 2022 to July 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Yemen ($1.0 per unit), while the average price for exports to Peru ($117 per thousand units) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+2.1%), while the prices for the other major destinations experienced mixed trend patterns.
Twig Broom Imports in India
In 2022, supplies from abroad of brooms and brushes of twigs decreased by -0.5% to 13M units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +11.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 20% against the previous year. As a result, imports attained the peak of 13M units, leveling off in the following year.
In value terms, twig broom imports surged to $22M in 2022. Over the period under review, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 193%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Twig Broom in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 2.7 | 10.7 | 16.3 | 20.7 | 97.2% |
| Myanmar | 0.5 | 0.5 | 0.6 | 0.6 | 6.3% |
| Nepal | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| China | 0.3 | 0.2 | 0.2 | 0.2 | -12.6% |
| Sri Lanka | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
| Singapore | 0.3 | 0.1 | N/A | N/A | -66.7% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 4.0 | 11.7 | 17.5 | 21.8 | 76.0% |
Top Suppliers of Twig Broom to India in 2022:
- Indonesia (8.8M units)
- Myanmar (1.8M units)
- China (1.2M units)
- Nepal (1.0M units)
- Sri Lanka (0.5M units)
Twig Broom Exports in India
In 2022, the amount of brooms and brushes of twigs exported from India soared to 22M units, growing by 71% compared with the year before. In general, exports posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 96% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, twig broom exports surged to $6.5M in 2022. Over the period under review, exports saw significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 65%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Twig Broom in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 388 | 1,059 | 1,891 | 3,480 | 107.8% |
| United Arab Emirates | 493 | 165 | 270 | 821 | 18.5% |
| Yemen | 581 | 441 | 824 | 566 | -0.9% |
| Peru | N/A | 88.2 | 130 | 278 | 77.5% |
| Nepal | 79.4 | 111 | 856 | 107 | 10.5% |
| Italy | 176 | 223 | 48.2 | 17.1 | -54.0% |
| Germany | 522 | 298 | 95.6 | 4.4 | -79.6% |
| Others | 1,081 | 991 | 1,443 | 1,201 | 3.6% |
| Total | 3,320 | 3,376 | 5,558 | 6,474 | 24.9% |
Top Export Markets for Twig Broom from India in 2022:
- Italy (undefinedM units)
- Germany (undefinedM units)
- United States (16.1M units)
- Peru (2.3M units)
- United Arab Emirates (1.2M units)
- Nepal (0.8M units)
- Yemen (0.6M units)
This report provides an in-depth analysis of the twig broom market in India. 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:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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.
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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
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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
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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
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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
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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
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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
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