Czech Republic: Electric Hand-Dryer Market 2024

Electric Hand-Dryer Market Size in the Czech Republic

The Czech electric hand-dryer market shrank dramatically to $X in 2021, falling by -34.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, posted slight growth. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Electric Hand-Dryer Exports

Exports from the Czech Republic

In 2021, shipments abroad of electric hand-drying apparatus increased by 13% to X units, rising for the sixth year in a row after three years of decline. Overall, exports, however, recorded a noticeable decrease. The pace of growth appeared the most rapid in 2018 when exports increased by 71% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, electric hand-dryer exports expanded slightly to $X in 2021. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by 169%. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Ukraine (X units), Romania (X units) and Slovakia (X units) were the main destinations of electric hand-dryer exports from the Czech Republic, together accounting for 65% of total exports. These countries were followed by Serbia, Hungary, Estonia, Bulgaria, Germany, Lithuania, France, Austria and Poland, which together accounted for a further 30%.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +100.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X), Romania ($X) and Germany ($X) were the largest markets for electric hand-dryer exported from the Czech Republic worldwide, with a combined 45% share of total exports.

Germany, with a CAGR of +122.6%, 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 electric hand-dryer export price stood at $X per unit in 2021, falling by -10.2% against the previous year. Overall, the export price, however, enjoyed a tangible increase. The most prominent rate of growth was recorded in 2013 an increase of 161%. The export price peaked at $X per unit in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per unit), while the average price for exports to Ukraine ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+15.2%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Hand-Dryer Imports

Imports into the Czech Republic

In 2021, electric hand-dryer imports into the Czech Republic dropped rapidly to X units, waning by -28.8% against the previous year's figure. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 55% against the previous year. Over the period under review, imports hit record highs at X units in 2020, and then declined sharply in the following year.

In value terms, electric hand-dryer imports dropped sharply to $X in 2021. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by 76% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest supplier of electric hand-dryer to the Czech Republic, with a 51% share of total imports. Moreover, electric hand-dryer imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), twofold. Germany (X units) ranked third in terms of total imports with an 8.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+5.7% per year) and Germany (-5.1% per year).

In value terms, Italy ($X), China ($X) and Germany ($X) were the largest electric hand-dryer suppliers to the Czech Republic, together accounting for 68% of total imports. Austria, Spain and Poland lagged somewhat behind, together accounting for a further 30%.

Austria, with a CAGR of +38.6%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average electric hand-dryer import price amounted to $X per unit, with an increase of 9.8% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 42%. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Austria ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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