ECOWAS: Market for Brooms, Brushes, And Mops 2024

Market Size for Brooms, Brushes, And Mops in ECOWAS

The ECOWAS broom, brush, and mop market expanded slightly to $X in 2022, rising by X% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Production of Brooms, Brushes, And Mops in ECOWAS

In value terms, broom, brush, and mop production rose notably to $X in 2022 estimated in export price. In general, production, however, saw a perceptible curtailment. The pace of growth appeared the most rapid in 2020 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Exports of Brooms, Brushes, And Mops

Exports in ECOWAS

In 2022, approx. X units of brooms, brushes, and mops were exported in ECOWAS; picking up by X% against the previous year. Over the period under review, exports continue to indicate a temperate increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, broom, brush, and mop exports reduced to $X in 2022. Overall, exports enjoyed a resilient expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Ghana (X units) and Senegal (X units) were the main exporters of brooms, brushes, and mops in 2022, accounting for approx. X% and X% of total exports, respectively. It was distantly followed by Cote d'Ivoire (X units), mixing up a X% share of total exports. The following exporters - Mali (X units), Sierra Leone (X units), Benin (X units) and Burkina Faso (X units) - together made up X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Burkina Faso (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest broom, brush, and mop supplying countries in ECOWAS were Ghana ($X), Senegal ($X) and Cote d'Ivoire ($X), together accounting for X% of total exports. Benin, Sierra Leone, Mali and Burkina Faso lagged somewhat behind, together accounting for a further X%.

Burkina Faso, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in ECOWAS amounted to $X per unit, which is down by X% against the previous year. In general, the export price, however, recorded a strong expansion. The growth pace was the most rapid in 2016 when the export price increased by X%. The level of export peaked at $X per unit in 2021, and then reduced in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Benin ($X per unit), while Mali ($X per unit) was amongst the lowest.

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

Imports of Brooms, Brushes, And Mops

Imports in ECOWAS

In 2022, purchases abroad of brooms, brushes, and mops decreased by X% to X units, falling for the second consecutive year after three years of growth. Total imports indicated a moderate increase from 2012 to 2022: its volume 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, imports decreased by X% against 2020 indices. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, broom, brush, and mop imports declined modestly to $X in 2022. Total imports indicated a pronounced expansion 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, imports decreased by X% against 2020 indices. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

Ghana was the main importing country with an import of about X units, which amounted to X% of total imports. Guinea (X units) held the second position in the ranking, followed by Nigeria (X units), Sierra Leone (X units), Cote d'Ivoire (X units) and Liberia (X units). All these countries together held approx. X% share of total imports. Senegal (X units) took a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to broom, brush, and mop imports into Ghana stood at X%. At the same time, Sierra Leone (X%) and Liberia (X%) displayed positive paces of growth. Moreover, Sierra Leone emerged as the fastest-growing importer imported in ECOWAS, with a CAGR of X% from 2012-2022. Guinea and Senegal experienced a relatively flat trend pattern. By contrast, Cote d'Ivoire (X%) and Nigeria (X%) illustrated a downward trend over the same period. While the share of Ghana (X p.p.) and Sierra Leone (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Guinea (X p.p.), Cote d'Ivoire (X p.p.) and Nigeria (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ghana ($X) constitutes the largest market for imported brooms, brushes, and mops in ECOWAS, comprising X% of total imports. The second position in the ranking was held by Nigeria ($X), with a X% share of total imports. It was followed by Guinea, with an X% share.

In Ghana, broom, brush, and mop imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Nigeria (X% per year) and Guinea (X% per year).

Import Prices by Country

The import price in ECOWAS stood at $X per unit in 2022, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2014 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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 Senegal ($X per unit), while Sierra Leone ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform