U.S. - Electric Hand-Drying Apparatus - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectric Hand-Dryer Prices in the United States
U.S. Electric Hand-Dryer Export Price in July 2022
In July 2022, the electric hand-dryer price stood at $226 per unit (FOB, US), growing by 9.9% against the previous month. Over the period from January 2022 to July 2022, it increased at an average monthly rate of +2.5%. The pace of growth was the most pronounced in June 2022 an increase of 15% m-o-m. The export price peaked in July 2022.
There were significant differences in the average prices for the major external markets. In July 2022, the country with the highest price was Turkey ($325 per unit), while the average price for exports to India ($105 per unit) was amongst the lowest.
From January 2022 to July 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.
U.S. Electric Hand-Dryer Exports
In August 2022, the amount of electric hand-drying apparatus exported from the United States shrank modestly to 2.8K units, declining by -4.4% against the month before. Over the period under review, exports showed a abrupt downturn. The most prominent rate of growth was recorded in May 2022 with an increase of 143% month-to-month. As a result, the exports reached the peak of 4.4K units; afterwards, it flattened through to August 2022.
In value terms, electric hand-dryer exports contracted to $608K (IndexBox estimates) in August 2022. Overall, exports recorded a noticeable contraction. The growth pace was the most rapid in May 2022 with an increase of 101% month-to-month. Over the period under review, the exports attained the peak figure at 819K units in March 2022; however, from April 2022 to August 2022, the exports failed to regain momentum.
U.S. Electric Hand-Dryer Exports by Country
Canada (1.5K units), Mexico (795 units) and Turkey (126 units) were the main destinations of electric hand-dryer exports from the United States, together accounting for 80% of total exports. The United Arab Emirates, India, Nicaragua, Ecuador, Panama and the UK lagged somewhat behind, together comprising a further 13%.
From January 2022 to July 2022, the biggest increases were in the United Arab Emirates (with a CAGR of +31.2%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Canada ($315K), Mexico ($203K) and Turkey ($41K) appeared to be the largest markets for electric hand-dryer exported from the United States worldwide, with a combined 83% share of total exports. Ecuador, Panama, the United Arab Emirates, Nicaragua, India and the UK lagged somewhat behind, together accounting for a further 10%.
In terms of the main countries of destination, the United Arab Emirates, with a CAGR of +22.5%, saw 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.
This report provides an in-depth analysis of the electric hand-dryer market in the U.S.. 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 27512350 - Electric hand-drying apparatus
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In April 2023, the electric hair dryer price amounted to $15.2 per unit (CIF, US), declining by -5.9% against the previous month.
195
In terms of value, imports of Electric Heating Resistors decreased to $60M in July 2023.
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Electric heating radiator imports reached a staggering $2.6 million in June 2023.
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Hair Curler imports reached a record high of $46 million in May 2023.
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In February 2023, the price of a microwave oven was $75.9 (CIF, US) - an 11% increase compared to the previous month.
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In August 2022, the microwave oven price stood at $85 per unit (CIF, US), with a decrease of -7% against the previous month.
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Despite global logistical tensions amid the sharp container shortage, the U.S. continues to boosts microwave oven imports. Last year, American purchases spiked by +16.3% to $1.6B, reaching the highest level ever. In the first seven months of 2021, American imports reached 12.9M units, exceeding last year’s 12.1M units over the same period. China dominates American imports, supplying 95% of the total volume. In 2020, Chinese shipments to the U.S. jumped by +29% y-o-y to 22M units, while Malaysia saw a 19%-decline in supplies. Chinese microwave ovens thus drive out Malaysian products from the American market.
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In May 2023, the price of the Domestic Toaster was $10.4 per unit (CIF, US), showing a decline of -5.3% compared to the previous month.
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In April 2023, the domestic coffee machine price amounted to $35.2 per unit (CIF, US), with a decrease of -13.2% against the previous month.
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In February 2023, the electric oven and cooker price was $85.6 per unit (CIF, US); a 6.2% increase compared to the month prior.
