Serbia: Market for Brooms, Brushes, And Mops 2024

Market Size for Brooms, Brushes, And Mops in Serbia

In 2022, after two years of decline, there was significant growth in the Serbian broom, brush, and mop market, when its value increased by X% to $X. Over the period under review, consumption, however, saw a abrupt contraction. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Brooms, Brushes, And Mops in Serbia

In value terms, broom, brush, and mop production fell slightly to $X in 2022 estimated in export price. In general, production showed a abrupt contraction. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Exports of Brooms, Brushes, And Mops

Exports from Serbia

In 2022, shipments abroad of brooms, brushes, and mops decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2021, and then reduced notably in the following year.

In value terms, broom, brush, and mop exports contracted dramatically to $X in 2022. In general, total exports indicated a remarkable increase 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, exports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then shrank remarkably in the following year.

Exports by Country

Germany (X units), Russia (X units) and Bosnia and Herzegovina (X units) were the main destinations of broom, brush, and mop exports from Serbia, with a combined X% share of total exports. Romania, Italy, Croatia, Switzerland, France, Montenegro, Algeria, North Macedonia, Armenia and Slovakia lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest markets for broom, brush, and mop exported from Serbia were Germany ($X), Italy ($X) and Croatia ($X), together accounting for X% of total exports. Russia, Switzerland, Bosnia and Herzegovina, France, Romania, Montenegro, Slovakia, North Macedonia, Algeria and Armenia lagged somewhat behind, together accounting for a further X%.

Armenia, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of 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 broom, brush, and mop export price stood at $X per unit in 2022, with an increase of X% against the previous year. In general, export price indicated a noticeable expansion 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 2018 indices. The growth pace was the most rapid in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained 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 Italy ($X per unit), while the average price for exports to Algeria ($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 Croatia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Brooms, Brushes, And Mops

Imports into Serbia

In 2022, the amount of brooms, brushes, and mops imported into Serbia rose significantly to X units, growing by X% on the previous year's figure. In general, total imports indicated a resilient 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 increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, broom, brush, and mop imports expanded notably to $X in 2022. Over the period under review, imports showed resilient growth. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest broom, brush, and mop supplier to Serbia, accounting for a X% share of total imports. Moreover, broom, brush, and mop imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), fourfold. Switzerland (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Switzerland (X% per year).

In value terms, China ($X) constituted the largest supplier of brooms, brushes, and mops to Serbia, comprising X% of total imports. The second position in the ranking was taken by Switzerland ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (X% per year) and Italy (X% per year).

Import Prices by Country

The average broom, brush, and mop import price stood at $X per unit in 2022, almost unchanged from the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit, leveling off in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for India ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform