Chile: Twig Broom Market 2024

Twig Broom Market Size in Chile

In 2022, after two years of growth, there was significant decline in the Chilean twig broom market, when its value decreased by X% to $X. Over the period under review, consumption, however, recorded measured growth. Twig broom consumption peaked at $X in 2021, and then reduced dramatically in the following year.

Twig Broom Production in Chile

In value terms, twig broom production surged to $X in 2022 estimated in export price. Overall, production, however, faced a abrupt setback. Twig broom production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Twig Broom Exports

Exports from Chile

In 2022, approx. X units of brooms and brushes of twigs were exported from Chile; growing by X% against the previous year. Over the period under review, exports showed significant growth. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, twig broom exports surged to $X in 2022. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Bolivia (X units) was the main destination for twig broom exports from Chile, accounting for a X% share of total exports. Moreover, twig broom exports to Bolivia exceeded the volume sent to the second major destination, Peru (X units), sixfold. The third position in this ranking was held by Paraguay (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Bolivia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (X% per year) and Paraguay (X% per year).

In value terms, Bolivia ($X) remains the key foreign market for brooms and brushes of twigs exports from Chile, comprising X% of total exports. The second position in the ranking was held by Peru ($X), with a X% share of total exports. It was followed by Paraguay, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Bolivia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (X% per year) and Paraguay (X% per year).

Export Prices by Country

The average twig broom export price stood at $X per unit in 2022, falling by X% against the previous year. In general, the export price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Peru ($X per unit) and Colombia ($X per unit), while the average price for exports to Bolivia ($X per unit) and Uruguay ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (X%), while the prices for the other major destinations experienced mixed trend patterns.

Twig Broom Imports

Imports into Chile

In 2022, purchases abroad of brooms and brushes of twigs decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Imports peaked at X units in 2021, and then shrank sharply in the following year.

In value terms, twig broom imports dropped to $X in 2022. Over the period under review, imports, however, posted a strong expansion. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

In 2022, China (X units) was the main supplier of twig broom to Chile, with a X% share of total imports. It was followed by Spain (X units), with a X% share of total imports. The United States (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and the United States (X% per year).

In value terms, China ($X) constituted the largest supplier of brooms and brushes of twigs to Chile, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with an X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Taiwan (Chinese) (X% per year).

Import Prices by Country

The average twig broom import price stood at $X per unit in 2022, increasing by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, average import prices hit record highs 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 the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform