Azerbaijan: Market for Brooms, Brushes, And Mops 2022

Market Size for Brooms, Brushes, And Mops in Azerbaijan

For the fourth year in a row, the Azerbaijani broom, brush, and mop market recorded growth in sales value, which increased by X% to $X in 2021. Overall, consumption posted a resilient expansion. Broom, brush, and mop consumption peaked in 2021 and is likely to see gradual growth in years to come.

Exports of Brooms, Brushes, And Mops

Exports from Azerbaijan

In 2021, overseas shipments of brooms, brushes, and mops were finally on the rise to reach X units after three years of decline. Overall, exports, however, saw a sharp reduction. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, broom, brush, and mop exports soared to $X in 2021. Over the period under review, exports, however, faced a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X units) was the main destination for broom, brush, and mop exports from Azerbaijan, with a X% share of total exports. Moreover, broom, brush, and mop exports to Russia exceeded the volume sent to the second major destination, Georgia (X units), fourfold.

From 2012 to 2021, the average annual growth rate of volume to Russia totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (-X% per year) and Turkey (-X% per year).

In value terms, the largest markets for broom, brush, and mop exported from Azerbaijan were Georgia ($X), Russia ($X) and Turkey ($X), together accounting for X% of total exports.

Turkey, with a CAGR of +X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average broom, brush, and mop export price stood at $X per unit in 2021, which is down by -X% against the previous year. Over the period under review, the export price, however, saw prominent growth. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit, and then dropped remarkably in the following year.

Prices varied noticeably by the country of destination: the country with the highest price was Georgia ($X per unit), while the average price for exports to Russia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Brooms, Brushes, And Mops

Imports into Azerbaijan

In 2021, imports of brooms, brushes, and mops into Azerbaijan surged to X units, jumping by X% compared with the year before. Overall, imports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, broom, brush, and mop imports surged to $X in 2021. Over the period under review, imports posted resilient growth. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

China (X units), Turkey (X units) and Vietnam (X units) were the main suppliers of broom, brush, and mop imports to Azerbaijan, with a combined X% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), China ($X) and Vietnam ($X) constituted the largest broom, brush, and mop suppliers to Azerbaijan, together accounting for X% of total imports.

In terms of the main suppliers, Vietnam, with a CAGR of +X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average broom, brush, and mop import price amounted to $X per unit, waning by -X% against the previous year. Over the period under review, the import price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2020 an increase of X%. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Russia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform