Ukraine: Twig Broom Market 2024

Twig Broom Market Size in Ukraine

In 2022, the Ukrainian twig broom market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then fell remarkably in the following year.

Twig Broom Production in Ukraine

In value terms, twig broom production reduced modestly to $X in 2022 estimated in export price. Overall, production recorded a remarkable increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

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Twig Broom Exports

Exports from Ukraine

In 2022, overseas shipments of brooms and brushes of twigs decreased by X% to X units, falling for the second consecutive year after two years of growth. In general, exports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, twig broom exports fell to $X in 2022. Over the period under review, exports, however, saw a strong increase. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then reduced in the following year.

Exports by Country

Germany (X units), Poland (X units) and Latvia (X units) were the main destinations of twig broom exports from Ukraine, with a combined X% share of total exports. The United States, Azerbaijan, the UK and Estonia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Azerbaijan (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Latvia ($X) and Poland ($X) appeared to be the largest markets for twig broom exported from Ukraine worldwide, together accounting for X% of total exports. The United States, Azerbaijan, Estonia and the UK lagged somewhat behind, together comprising a further X%.

Azerbaijan, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average twig broom export price stood at $X per unit in 2022, rising by X% against the previous year. Overall, the export price posted a strong expansion. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($X per unit), while the average price for exports to the UK ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (X%), while the prices for the other major destinations experienced more modest paces of growth.

Twig Broom Imports

Imports into Ukraine

In 2022, after two years of growth, there was significant decline in supplies from abroad of brooms and brushes of twigs, when their volume decreased by X% to X units. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports reached the peak figure at X units in 2021, and then reduced dramatically in the following year.

In value terms, twig broom imports dropped sharply to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then reduced markedly in the following year.

Imports by Country

Uzbekistan (X units), Turkmenistan (X units) and Moldova (X units) were the main suppliers of twig broom imports to Ukraine, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Turkmenistan (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Uzbekistan ($X) constituted the largest supplier of brooms and brushes of twigs to Ukraine, comprising X% of total imports. The second position in the ranking was taken by Turkmenistan ($X), with a X% share of total imports. It was followed by Moldova, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Uzbekistan stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkmenistan (X% per year) and Moldova (X% per year).

Import Prices by Country

In 2022, the average twig broom import price amounted to $X per unit, growing by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by X%. The import price 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 origin: amid the top importers, the country with the highest price was Vietnam ($X per unit), while the price for Moldova ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform