Australia and Oceania: Twig Broom Market 2024

Twig Broom Market Size in Australia and Oceania

The twig broom market in Australia and Oceania rose sharply to $X in 2022, increasing by X% against the previous year. The total consumption indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2014 indices. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the near future.

Twig Broom Production in Australia and Oceania

In value terms, twig broom production dropped modestly to $X in 2022 estimated in export price. The total production indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2013 indices. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, production reached the peak level at $X in 2021, and then contracted modestly in the following year.

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Twig Broom Exports

Exports in Australia and Oceania

In 2022, twig broom exports in Australia and Oceania fell rapidly to X units, with a decrease of X% against the year before. In general, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, twig broom exports declined to $X in 2022. Over the period under review, exports, however, posted a mild expansion. The growth pace was the most rapid in 2021 with an increase of X%. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Australia was the main exporter of brooms and brushes of twigs in Australia and Oceania, with the volume of exports resulting at X units, which was approx. X% of total exports in 2022. New Zealand (X units) ranks second in terms of the total exports with a X% share, followed by Fiji (X%).

Australia experienced a relatively flat trend pattern with regard to volume of exports of brooms and brushes of twigs. At the same time, New Zealand (X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of X% from 2012-2022. By contrast, Fiji (X%) illustrated a downward trend over the same period. New Zealand (X p.p.) and Australia (X p.p.) significantly strengthened its position in terms of the total exports, while Fiji saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Australia ($X) remains the largest twig broom supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was taken by New Zealand ($X), with an X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia amounted to X%. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and Fiji (X% per year).

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Australia ($X per unit), while New Zealand ($X per unit) was amongst the lowest.

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

Twig Broom Imports

Imports in Australia and Oceania

In 2022, the amount of brooms and brushes of twigs imported in Australia and Oceania rose modestly to X units, increasing by X% compared with the previous year's figure. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The volume of import peaked in 2022 and is likely to continue growth in the near future.

In value terms, twig broom imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Australia was the key importer of brooms and brushes of twigs in Australia and Oceania, with the volume of imports amounting to X units, which was approx. X% of total imports in 2022. Papua New Guinea (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Fiji (X%), New Zealand (X%) and French Polynesia (X%). The following importers - Samoa (X units) and New Caledonia (X units) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to twig broom imports into Australia stood at X%. At the same time, Fiji (X%), New Zealand (X%) and Samoa (X%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. Papua New Guinea experienced a relatively flat trend pattern. By contrast, French Polynesia (X%) and New Caledonia (X%) illustrated a downward trend over the same period. Australia (X p.p.) and Fiji (X p.p.) significantly strengthened its position in terms of the total imports, while French Polynesia, Papua New Guinea and New Caledonia saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported brooms and brushes of twigs in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by Papua New Guinea ($X), with a X% share of total imports. It was followed by New Zealand, with a X% share.

In Australia, twig broom imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Papua New Guinea (X% per year) and New Zealand (X% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per unit, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Australia ($X per unit), while Papua New Guinea ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform