Asia-Pacific: Electric Hand-Dryer Market 2022

Electric Hand-Dryer Market Size in Asia-Pacific

In 2021, the Asia-Pacific electric hand-dryer market increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption, however, saw a mild setback. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Electric Hand-Dryer Production in Asia-Pacific

In value terms, electric hand-dryer production fell slightly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a slight downturn. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Electric Hand-Dryer Exports

Exports in Asia-Pacific

In 2021, the amount of electric hand-drying apparatus exported in Asia-Pacific contracted sharply to X units, which is down by -X% compared with the previous year. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The volume of export peaked at X units in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, electric hand-dryer exports declined slightly to $X in 2021. In general, exports recorded a slight reduction. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The biggest shipments were from China (X units), together amounting to X% of total export.

China experienced a relatively flat trend pattern with regard to volume of exports of electric hand-drying apparatus. China (+X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest electric hand-dryer supplier in Asia-Pacific.

From 2012 to 2021, the average annual rate of growth in terms of value in China totaled +X%.

Export Prices by Country

The export price in Asia-Pacific stood at $X per unit in 2021, rising by X% against the previous year. Over the period under review, the export price, however, recorded a slight shrinkage. Over the period under review, the export prices attained the maximum at $X per unit in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to +X% per year.

Electric Hand-Dryer Imports

Imports in Asia-Pacific

In 2021, after three years of growth, there was significant decline in supplies from abroad of electric hand-drying apparatus, when their volume decreased by -X% to X units. The total import volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when imports increased by X%. The volume of import peaked at X units in 2020, and then declined notably in the following year.

In value terms, electric hand-dryer imports reduced to $X in 2021. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports failed to regain momentum.

Imports by Country

India was the major importer of electric hand-drying apparatus in Asia-Pacific, with the volume of imports finishing at X units, which was near X% of total imports in 2021. Australia (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Japan (X%) and Vietnam (X%). The Philippines (X units), Taiwan (Chinese) (X units), Hong Kong SAR (X units), Indonesia (X units), New Zealand (X units), Singapore (X units) and Sri Lanka (X units) followed a long way behind the leaders.

India was also the fastest-growing in terms of the electric hand-drying apparatus imports, with a CAGR of +X% from 2012 to 2021. At the same time, Vietnam (+X%), Sri Lanka (+X%), Australia (+X%) and Indonesia (+X%) displayed positive paces of growth. The Philippines experienced a relatively flat trend pattern. By contrast, Taiwan (Chinese) (-X%), New Zealand (-X%), Hong Kong SAR (-X%), Japan (-X%) and Singapore (-X%) illustrated a downward trend over the same period. India (+X p.p.), Australia (+X p.p.) and Vietnam (+X p.p.) significantly strengthened its position in terms of the total imports, while New Zealand, Hong Kong SAR, Singapore and Japan saw its share reduced by -X%, -X%, -X% and -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest electric hand-dryer importing markets in Asia-Pacific were Australia ($X), Japan ($X) and India ($X), together comprising X% of total imports. Vietnam, Hong Kong SAR, Taiwan (Chinese), Indonesia, New Zealand, the Philippines, Singapore and Sri Lanka lagged somewhat behind, together comprising a further X the main importing countries, Vietnam, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Asia-Pacific amounted to $X per unit, increasing by X% against the previous year. Overall, the import price, however, recorded a noticeable contraction. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Australia ($X per unit), while Sri Lanka ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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