Southern Asia: Market for Brooms, Brushes, And Mops 2024

Market Size for Brooms, Brushes, And Mops in Southern Asia

The South Asian broom, brush, and mop market dropped to $X in 2022, waning by X% against the previous year. The total consumption indicated tangible 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 decreased by X% against 2019 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Brooms, Brushes, And Mops in Southern Asia

In value terms, broom, brush, and mop production declined slightly to $X in 2022 estimated in export price. The total production indicated a perceptible 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, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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Exports of Brooms, Brushes, And Mops

Exports in Southern Asia

In 2022, overseas shipments of brooms, brushes, and mops increased by X% to X units, rising for the second year in a row after four years of decline. Total exports indicated a temperate expansion 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The volume of export peaked in 2022 and is likely to see steady growth in the near future.

In value terms, broom, brush, and mop exports surged to $X in 2022. Overall, exports saw buoyant growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

India prevails in exports structure, amounting to X units, which was approx. X% of total exports in 2022. It was distantly followed by Sri Lanka (X units), constituting an X% share of total exports. Pakistan (X units) held a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to broom, brush, and mop exports from India stood at X%. At the same time, Pakistan (X%) and Sri Lanka (X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Sri Lanka and Pakistan increased by X and X percentage points, respectively.

In value terms, India ($X) remains the largest broom, brush, and mop supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was held by Sri Lanka ($X), with a X% share of total exports.

In India, broom, brush, and mop exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Sri Lanka (X% per year) and Pakistan (X% per year).

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per unit, with a decrease of X% against the previous year. Export price indicated a temperate increase 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, broom, brush, and mop export price decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the export price increased by X%. Over the period under review, the export prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Brooms, Brushes, And Mops

Imports in Southern Asia

In 2022, approx. X units of brooms, brushes, and mops were imported in Southern Asia; with a decrease of X% on the previous year's figure. Over the period under review, imports, however, recorded a strong expansion. The pace of growth appeared the most rapid in 2018 with an increase of X%. The volume of import peaked at X units in 2021, and then reduced in the following year.

In value terms, broom, brush, and mop imports amounted to $X in 2022. Overall, imports, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

India prevails in imports structure, reaching X units, which was approx. X% of total imports in 2022. Bangladesh (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Nepal (X%). Pakistan (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to broom, brush, and mop imports into India stood at X%. At the same time, Nepal (X%) and Bangladesh (X%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. By contrast, Pakistan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of India, Bangladesh and Nepal increased by X, X and X percentage points, respectively.

In value terms, India ($X) constitutes the largest market for imported brooms, brushes, and mops in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a X% share of total imports. It was followed by Nepal, with a X% share.

In India, broom, brush, and mop 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: Bangladesh (X% per year) and Nepal (X% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the import price, however, recorded a perceptible slump. The growth pace was the most rapid in 2016 when the import price increased by X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Pakistan ($X per unit), while Nepal ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform