Report Update: May 1, 2024

New Zealand - Brooms And Brushes Of Twigs - Market Analysis, Forecast, Size, Trends And Insights

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Twig Broom Price in New Zealand - 2023

Twig Broom Price in New Zealand (CIF) - 2022

In 2022, the average twig broom import price amounted to $1.1 per unit, falling by -37.2% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 26%. As a result, import price attained the peak level of $1.7 per unit, and then shrank dramatically in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Vietnam ($1.1 per unit) and India ($1.1 per unit), while the price for Fiji ($1.1 per unit) and the Philippines ($1.1 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (-0.7%), while the prices for the other major suppliers experienced a decline.

Twig Broom Price in New Zealand (FOB) - 2022

The average twig broom export price stood at $2.2 per unit in 2022, increasing by 16% against the previous year. Overall, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, twig broom export price increased by +37.4% against 2019 indices. The pace of growth was the most pronounced in 2016 an increase of 74%. As a result, the export price attained the peak level of $2.4 per unit. From 2017 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Tonga ($2.2 per unit) and Australia ($2.2 per unit), while the average price for exports to Cook Islands ($2.2 per unit) and Spain ($2.2 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+32.8%), while the prices for the other major destinations experienced more modest paces of growth.

Twig Broom Imports in New Zealand

In 2022, approx. 262K units of brooms and brushes of twigs were imported into New Zealand; which is down by -18.5% on the previous year. Over the period under review, imports recorded a mild descent. The most prominent rate of growth was recorded in 2021 with an increase of 63% against the previous year. As a result, imports attained the peak of 321K units, and then declined markedly in the following year.

In value terms, twig broom imports fell markedly to $280K in 2022. Overall, imports recorded a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 105% against the previous year. As a result, imports reached the peak of $547K, and then declined markedly in the following year.

Import of Twig Broom in New Zealand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Sri Lanka	243	130	365	187	-8.4%
Vietnam	8.8	23.8	30.9	38.4	63.4%
China	58.8	44.6	63.3	24.1	-25.7%
Philippines	6.2	1.4	4.4	15.2	34.8%
India	5.6	3.0	7.3	8.2	13.6%
Fiji	8.2	13.6	5.9	0.5	-60.6%
Slovakia	N/A	N/A	37.1	N/A	0%
Germany	N/A	43.1	25.8	N/A	-40.1%
Others	3.1	7.7	8.2	7.0	31.2%
Total	334	267	547	280	-5.7%

Top Suppliers of Twig Broom to New Zealand in 2022:

Sri Lanka (176.0K units)
Vietnam (36.2K units)
China (22.8K units)
Philippines (14.4K units)
India (7.7K units)
Fiji (0.5K units)

Twig Broom Exports in New Zealand

For the fourth consecutive year, New Zealand recorded growth in shipments abroad of brooms and brushes of twigs, which increased by 35% to 24K units in 2022. In general, exports showed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 88% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, twig broom exports surged to $51K in 2022. Overall, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 99% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Export of Twig Broom in New Zealand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Cook Islands	1.0	2.1	1.7	15.9	151.5%
Australia	0.1	0.3	N/A	15.8	440.6%
Spain	N/A	N/A	12.3	11.0	-10.6%
Samoa	0.1	2.8	0.5	4.6	258.3%
Tonga	0.5	N/A	0.2	3.9	98.3%
Fiji	8.9	0.1	2.4	N/A	-48.1%
South Korea	N/A	14.0	15.3	N/A	9.3%
Others	N/A	1.9	0.1	N/A	-94.7%
Total	10.7	21.2	32.6	51.2	68.5%

Top Export Markets for Twig Broom from New Zealand in 2022:

Cook Islands (7.4K units)
Australia (7.3K units)
Spain (5.1K units)
Samoa (2.1K units)
Tonga (1.8K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the twig broom market in New Zealand. 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:

New Zealand

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in New Zealand
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023