Report Vietnam - Brooms and Brushes of Twigs - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jul 22, 2022

Vietnam - Brooms and Brushes of Twigs - Market Analysis, Forecast, Size, Trends and Insights
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Vietnam: Twig Broom Market 2022

Twig Broom Market Size in Vietnam

In 2021, after two years of growth, there was significant decline in the Vietnamese twig broom market, when its value decreased by -X% to $X. Overall, consumption recorded a perceptible downturn. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Twig Broom Production in Vietnam

In value terms, twig broom production rose to $X in 2021 estimated in export price. Overall, production, however, saw a mild curtailment. The most prominent rate of growth was recorded in 2013 with an increase of X%. Twig broom production peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Twig Broom Exports

Exports from Vietnam

Twig broom exports from Vietnam soared to X units in 2021, growing by X% against 2020. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, twig broom exports fell to $X in 2021. Over the period under review, total exports indicated a resilient 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, exports increased by +X% against 2018 indices. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

China (X units), Japan (X units) and the United States (X units) were the main destinations of twig broom exports from Vietnam, together comprising X% of total exports. Georgia, Lebanon, Australia, Taiwan (Chinese), Chile and South Korea lagged somewhat behind, together accounting for a further X 2012 to 2021, the biggest increases were in Georgia (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for twig broom exported from Vietnam were China ($X), Japan ($X) and the United States ($X), together accounting for X% of total exports. Georgia, Lebanon, Australia, Taiwan (Chinese), South Korea and Chile lagged somewhat behind, together comprising a further X the main countries of destination, Georgia, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average twig broom export price amounted to $X per unit, declining by -X% against the previous year. Overall, export price indicated a prominent increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, twig broom export price increased by +X% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of X%. As a result, the export price reached the peak level of $X per unit, and then declined remarkably in the following year.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Japan ($X per unit), while the average price for exports to Chile ($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 a decline.

Twig Broom Imports

Imports into Vietnam

In 2021, approx. X units of brooms and brushes of twigs were imported into Vietnam; reducing by -X% against the year before. Overall, imports recorded a pronounced contraction. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, twig broom imports contracted markedly to $X in 2021. In general, imports saw a mild decrease. The pace of growth was the most pronounced in 2020 when imports increased by X%. As a result, imports attained the peak of $X, and then fell markedly in the following year.

Imports by Country

In 2021, China (X units) constituted the largest supplier of twig broom to Vietnam, accounting for a X% share of total imports. Moreover, twig broom imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X units), twofold. Japan (X units) ranked third in terms of total imports with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-X% per year) and Japan (-X% per year).

In value terms, China ($X) constituted the largest supplier of twig broom to Vietnam, comprising X% of total imports. The second position in the ranking was held by South Korea ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+X% per year) and Japan (-X% per year).

Import Prices by Country

The average twig broom import price stood at $X per unit in 2021, declining by -X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2018 an increase of X%. The import price peaked at $X per unit in 2020, and then contracted in the following year.

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

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

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for brooms and brushes of twigs in the world?
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The country with the largest volume of twig broom consumption was South Africa, accounting for 64% of total volume. Moreover, twig broom consumption in South Africa exceeded the figures recorded by the second-largest consumer, China, more than tenfold. The third position in this ranking was held by the United States, with a 3.3% share.
What are the largest producers of brooms and brushes of twigs in the world?
+
China constituted the country with the largest volume of twig broom production, accounting for 26% of total volume. Moreover, twig broom production in China exceeded the figures recorded by the second-largest producer, Sri Lanka, twofold. The United States ranked third in terms of total production with a 7.7% share.
What are the leading suppliers of brooms and brushes of twigs to Vietnam?
+
In value terms, China constituted the largest supplier of twig broom to Vietnam, comprising 48% of total imports. The second position in the ranking was taken by South Korea, with a 21% share of total imports. It was followed by Japan, with a 14% share.
What are the leading importers of brooms and brushes of twigs from Vietnam?
+
In value terms, China, Japan and the United States appeared to be the largest markets for twig broom exported from Vietnam worldwide, with a combined 66% share of total exports. Georgia, Lebanon, Australia, Taiwan Chinese), South Korea and Chile lagged somewhat behind, together comprising a further 21%.
What is the average export price for brooms and brushes of twigs in Vietnam?
+
In 2021, the average twig broom export price amounted to $0.9 per unit, dropping by -20.3% against the previous year.
What is the average import price for brooms and brushes of twigs in Vietnam?
+
In 2021, the average twig broom import price amounted to $1.4 per unit, which is down by -8.1% against the previous year.

This report provides an in-depth analysis of the twig broom market in Vietnam. 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:
• Vietnam

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Vietnam
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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