CIS: Electric Hand-Dryer Market 2022

Electric Hand-Dryer Market Size in CIS

In 2021, the CIS electric hand-dryer market increased by X% to $X for the first time since 2016, thus ending a four-year declining trend. Overall, consumption, however, saw a noticeable decline. The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Electric Hand-Dryer Production in CIS

In value terms, electric hand-dryer production expanded modestly to $X in 2021 estimated in export price. In general, production, however, showed a pronounced slump. The pace of growth was the most pronounced in 2013 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Electric Hand-Dryer Exports

Exports in CIS

For the third consecutive year, the CIS recorded growth in shipments abroad of electric hand-drying apparatus, which increased by X% to X units in 2021. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, electric hand-dryer exports stood at $X in 2021. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the near future.

Exports by Country

Russia (X units) and Belarus (X units) represented roughly X% of total exports in 2021.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Russia (with a CAGR of +X value terms, Russia ($X) remains the largest electric hand-dryer supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Belarus ($X), with a X% share of total exports.

In Russia, electric hand-dryer exports increased at an average annual rate of +X% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per unit, waning by -X% against the previous year. In general, the export price recorded a perceptible contraction. The most prominent rate of growth was recorded in 2013 when the export price increased by X%. The level of export peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably countryorigin: the country with the highest price was Russia ($X per unit), while Belarus stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+X%).

Electric Hand-Dryer Imports

Imports in CIS

In 2021, after three years of growth, there was decline in supplies from abroad of electric hand-drying apparatus, when their volume decreased by -X% to X units. Total imports indicated a pronounced expansion from 2012 to 2021: its volume 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, imports increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2016 with an increase of X%. The volume of import peaked at X units in 2020, and then reduced in the following year.

In value terms, electric hand-dryer imports reached $X in 2021. In general, imports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

Imports by Country

Russia prevails in imports structure, finishing at X units, which was near X% of total imports in 2021. Belarus (X units) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Kazakhstan (X%).

From 2012 to 2021, average annual rates of growth with regard to electric hand-dryer imports into Russia stood at +X%. At the same time, Belarus (+X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing importer imported in the CIS, with a CAGR of +X% from 2012-2021. Kazakhstan experienced a relatively flat trend pattern. From 2012 to 2021, the share of Belarus increased by +X percentage points. Kazakhstan (-X p.p.) and Russia (-X p.p.) saw their shares reduced.

In value terms, Russia ($X) constitutes the largest market for imported electric hand-drying apparatus in the CIS, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total imports.

In Russia, electric hand-dryer imports increased at an average annual rate of +X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Kazakhstan (+X% per year) and Belarus (+X% per year).

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per unit, rising by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the import prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Kazakhstan ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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