Sri Lanka: Market for Brooms, Brushes, And Mops 2022

Market Size for Brooms, Brushes, And Mops in Sri Lanka

After two years of growth, the Sri Lankan broom, brush, and mop market decreased by -X% to $X in 2021. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2020, and then shrank modestly in the following year.

Production of Brooms, Brushes, And Mops in Sri Lanka

In value terms, broom, brush, and mop production totaled $X in 2021 estimated in export price. In general, the total production indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -X% against 2019 indices. The pace of growth appeared the most rapid in 2019 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Exports of Brooms, Brushes, And Mops

Exports from Sri Lanka

In 2021, after two years of decline, there was significant growth in overseas shipments of brooms, brushes, and mops, when their volume increased by X% to X units. Overall, exports saw a resilient expansion. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, broom, brush, and mop exports expanded markedly to $X in 2021. Over the period under review, exports enjoyed prominent growth. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X units) was the main destination for broom, brush, and mop exports from Sri Lanka, accounting for a X% share of total exports. Moreover, broom, brush, and mop exports to the United Arab Emirates exceeded the volume sent to the second major destination, France (X units), twofold. The third position in this ranking was occupied by the United States (X units), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United Arab Emirates stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and the United States (+X% per year).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for broom, brush, and mop exports from Sri Lanka, comprising X% of total exports. The second position in the ranking was occupied by the United States ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United Arab Emirates amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+X% per year) and Japan (+X% per year).

Export Prices by Country

The average broom, brush, and mop export price stood at $X per unit in 2021, stabilizing at the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Japan ($X per unit), while the average price for exports to Malaysia ($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 Japan (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Brooms, Brushes, And Mops

Imports into Sri Lanka

In 2021, after two years of decline, there was significant growth in overseas purchases of brooms, brushes, and mops, when their volume increased by X% to X units. In general, imports, however, recorded a abrupt descent. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, broom, brush, and mop imports expanded rapidly to $X in 2021. Over the period under review, imports, however, saw a mild decrease. The pace of growth was the most pronounced in 2016 with an increase of X%. As a result, imports attained the peak of $X. From 2017 to 2021, the growth imports remained at a somewhat lower figure.

Imports by Country

The United Arab Emirates (X units), China (X units) and Turkey (X units) were the main suppliers of broom, brush, and mop imports to Sri Lanka, 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 the United Arab Emirates (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), India ($X) and China ($X) appeared to be the largest broom, brush, and mop suppliers to Sri Lanka, with a combined X% share of total imports.

The United Arab Emirates, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average broom, brush, and mop import price stood at $X per unit in 2021, remaining constant against the previous year. Over the period under review, import price indicated a strong increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, broom, brush, and mop import price increased by +X% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit, leveling off in the following year.

Prices varied noticeably by the country of origin: the country with the highest price was Malaysia ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform