ECOWAS - Brooms and Brushes of Twigs - Market Analysis, Forecast, Size, Trends and Insights
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View PricingECOWAS: Twig Broom Market 2024
Twig Broom Market Size in ECOWAS
The ECOWAS twig broom market skyrocketed to $X in 2022, jumping by X% against the previous year. The total consumption indicated buoyant 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 2017 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.
Twig Broom Production in ECOWAS
In value terms, twig broom production totaled $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of X%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.
Twig Broom Exports
Exports in ECOWAS
In 2022, exports of brooms and brushes of twigs in ECOWAS surged to X units, growing by X% on the year before. In general, exports continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2016 when exports increased by X%. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports remained at a lower figure.
In value terms, twig broom exports surged to $X in 2022. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of export peaked in 2022 and is likely to see gradual growth in the immediate term.
Exports by Country
Cote d'Ivoire prevails in exports structure, accounting for X units, which was approx. X% of total exports in 2022. It was distantly followed by Sierra Leone (X units), committing a X% share of total exports. The following exporters - Benin (X units), Ghana (X units), Senegal (X units) and Guinea (X units) - together made up X% of total exports.
From 2012 to 2022, average annual rates of growth with regard to twig broom exports from Cote d'Ivoire stood at X%. At the same time, Senegal (X%), Sierra Leone (X%), Benin (X%) and Guinea (X%) displayed positive paces of growth. Moreover, Senegal emerged as the fastest-growing exporter exported in ECOWAS, with a CAGR of X% from 2012-2022. Ghana experienced a relatively flat trend pattern. From 2012 to 2022, the share of Cote d'Ivoire, Sierra Leone, Senegal and Benin increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Cote d'Ivoire ($X) remains the largest twig broom supplier in ECOWAS, comprising X% of total exports. The second position in the ranking was held by Benin ($X), with a X% share of total exports. It was followed by Ghana, with a X% share.
In Cote d'Ivoire, twig broom exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Benin (X% per year) and Ghana (X% per year).
Export Prices by Country
The export price in ECOWAS stood at $X per unit in 2022, declining by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2021, and then declined in the following year.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Benin ($X per unit), while Sierra Leone ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Benin (X%), while the other leaders experienced more modest paces of growth.
Twig Broom Imports
Imports in ECOWAS
In 2022, after two years of decline, there was significant growth in overseas purchases of brooms and brushes of twigs, when their volume increased by X% to X units. Overall, imports continue to indicate a buoyant increase. The volume of import peaked at X units in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.
In value terms, twig broom imports surged to $X in 2022. In general, imports recorded a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Imports by Country
In 2022, Nigeria (X units) represented the major importer of brooms and brushes of twigs, constituting X% of total imports. Senegal (X units) held the second position in the ranking, followed by Togo (X units). All these countries together held near X% share of total imports. The following importers - Gambia (X units), Cote d'Ivoire (X units), Ghana (X units) and Cabo Verde (X units) - together made up X% of total imports.
From 2012 to 2022, average annual rates of growth with regard to twig broom imports into Nigeria stood at X%. At the same time, Togo (X%), Gambia (X%), Senegal (X%) and Ghana (X%) displayed positive paces of growth. Moreover, Togo emerged as the fastest-growing importer imported in ECOWAS, with a CAGR of X% from 2012-2022. By contrast, Cote d'Ivoire (X%) and Cabo Verde (X%) illustrated a downward trend over the same period. While the share of Nigeria (X p.p.), Togo (X p.p.) and Gambia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Ghana (X p.p.), Cote d'Ivoire (X p.p.) and Cabo Verde (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Nigeria ($X) constitutes the largest market for imported brooms and brushes of twigs in ECOWAS, comprising X% of total imports. The second position in the ranking was held by Togo ($X), with a X% share of total imports. It was followed by Senegal, with a X% share.
In Nigeria, 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: Togo (X% per year) and Senegal (X% per year).
Import Prices by Country
The import price in ECOWAS stood at $X per unit in 2022, shrinking by X% against the previous year. Import price indicated measured growth from 2012 to 2022: its price 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, twig broom import price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The level of import peaked at $X per unit in 2021, and then contracted in the following year.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Cabo Verde ($X per unit), while Gambia ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cabo Verde (X%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the twig broom market in ECOWAS. 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:
- Benin
- Burkina Faso
- Cabo Verde
- Cote d'Ivoire
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Liberia
- Mali
- Niger
- Nigeria
- Senegal
- Sierra Leone
- Togo
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in ECOWAS, split by region and country
- Trade (exports and imports) in ECOWAS
- 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
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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
- CONSUMPTION BY COUNTRY
- 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
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Benin
- Burkina Faso
- Cabo Verde
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Liberia
- Mali
- Niger
- Nigeria
- Senegal
- Sierra Leone
- Togo
- Cote d'Ivoire
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 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
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 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, 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, 2012–2023
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