Portugal - Brooms And Brushes Of Twigs - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTwig Broom Price in Portugal - 2023
Contents:
- Twig Broom Price in Portugal (FOB) - 2023
- Twig Broom Price in Portugal (CIF) - 2022
- Twig Broom Exports in Portugal
- Twig Broom Imports in Portugal
Twig Broom Price in Portugal (FOB) - 2023
The average twig broom export price stood at $347 per thousand units in June 2023, dropping by -49.1% against the previous month. Overall, the export price, however, enjoyed a pronounced increase. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 452% month-to-month. Over the period under review, the average export prices hit record highs at $4.0 per unit in April 2023; however, from May 2023 to June 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Cabo Verde ($550 per thousand units), while the average price for exports to Mozambique ($184 per thousand units) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+107.1%), while the prices for the other major destinations experienced more modest paces of growth.
Twig Broom Price in Portugal (CIF) - 2022
In 2022, the average twig broom import price amounted to $1.7 per unit, with an increase of 30% against the previous year. Over the period under review, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, twig broom import price increased by +70.2% against 2020 indices. The pace of growth was the most pronounced in 2019 an increase of 41%. As a result, import price reached the peak level of $1.7 per unit; afterwards, it flattened through to 2022.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($4.3 per unit), while the price for the Netherlands ($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 Italy (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Twig Broom Exports in Portugal
In 2022, approx. 422K units of brooms and brushes of twigs were exported from Portugal; with an increase of 15% compared with the year before. In general, exports recorded a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of 161%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, twig broom exports expanded remarkably to $1.1M in 2022. Overall, exports saw significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 319% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
Export of Twig Broom in Portugal (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 4.9 | 4.7 | 724 | 447 | 350.2% |
United States | 1.7 | N/A | 3.8 | 301 | 461.5% |
Angola | 177 | 125 | 86.9 | 146 | -6.2% |
Luxembourg | 0.8 | 0.4 | 55.8 | 77.9 | 360.1% |
Cabo Verde | 44.5 | 29.2 | 32.2 | 31.4 | -11.0% |
Mexico | 98.6 | 20.3 | N/A | 17.4 | -43.9% |
Chile | N/A | 0.9 | N/A | 11.8 | 262.1% |
Mozambique | 32.0 | 7.9 | 10.1 | 5.8 | -43.4% |
Others | 14.2 | 40.4 | 47.9 | 19.3 | 10.8% |
Total | 373 | 229 | 960 | 1,057 | 41.5% |
Top Export Markets for Twig Broom from Portugal in 2022:
- Spain (155.3K units)
- United States (132.6K units)
- Angola (39.6K units)
- Cabo Verde (27.2K units)
- Luxembourg (21.8K units)
- Mexico (19.1K units)
- Chile (11.0K units)
- Mozambique (3.9K units)
Twig Broom Imports in Portugal
Twig broom imports into Portugal rose remarkably to 181K units in 2022, surging by 11% against 2021 figures. Over the period under review, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 240% against the previous year. As a result, imports attained the peak of 265K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, twig broom imports surged to $305K in 2022. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 95% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
Import of Twig Broom in Portugal (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 46.6 | 88.8 | 97.7 | 102 | 29.8% |
Germany | 23.7 | 30.1 | 37.2 | 62.0 | 37.8% |
France | 44.0 | 38.0 | 36.6 | 53.1 | 6.5% |
Italy | 3.7 | 1.9 | 8.2 | 32.5 | 106.3% |
China | 0.2 | 65.2 | 14.4 | 21.5 | 375.5% |
Belgium | N/A | 3.7 | 6.2 | 12.9 | 86.7% |
Netherlands | 2.4 | 28.3 | 2.6 | 2.5 | 1.4% |
Others | 14.2 | 7.2 | 8.5 | 18.3 | 8.8% |
Total | 135 | 263 | 212 | 305 | 31.2% |
Top Suppliers of Twig Broom to Portugal in 2022:
- Spain (89.3K units)
- Germany (42.6K units)
- China (12.7K units)
- France (12.3K units)
- Italy (8.0K units)
- Belgium (5.1K units)
- Netherlands (4.0K units)
This report provides an in-depth analysis of the twig broom market in Portugal. 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:
- Portugal
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Portugal
- 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
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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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