Denmark: Centrifugal Clothes-Dryer Market 2024

Centrifugal Clothes-Dryer Market Size in Denmark

The Danish centrifugal clothes-dryer market contracted dramatically to $X in 2021, dropping by -68.1% against the previous year. In general, consumption continues to indicate a dramatic curtailment. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Centrifugal Clothes-Dryer Production in Denmark

In value terms, centrifugal clothes-dryer production rose slightly to $X in 2021 estimated in export price. Overall, production, however, showed a deep downturn. Centrifugal clothes-dryer production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Centrifugal Clothes-Dryer Exports

Exports from Denmark

Centrifugal clothes-dryer exports from Denmark soared to X units in 2021, jumping by 47% compared with 2020 figures. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 206%. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the immediate term.

In value terms, centrifugal clothes-dryer exports expanded markedly to $X in 2021. Over the period under review, exports, however, saw a abrupt decline. The growth pace was the most rapid in 2020 when exports increased by 141%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Norway (X units), Sweden (X units) and Lebanon (X units) were the main destinations of centrifugal clothes-dryer exports from Denmark, together comprising 74% of total exports. These countries were followed by Kosovo, Faroe Islands, Iceland, the United States and Greenland, which together accounted for a further 20%.

From 2012 to 2021, the biggest increases were recorded for Kosovo (with a CAGR of +807.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for centrifugal clothes-dryer exported from Denmark were Sweden ($X), the United States ($X) and Norway ($X), together accounting for 63% of total exports. These countries were followed by Faroe Islands, Iceland, Greenland, Lebanon and Kosovo, which together accounted for a further 19%.

Kosovo, with a CAGR of +825.8%, recorded the highest rates of growth with regard to the value of exports, among 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 centrifugal clothes-dryer export price stood at $X per unit in 2021, reducing by -22.3% against the previous year. In general, the export price faced a abrupt decrease. The growth pace was the most rapid in 2017 when the average export price increased by 24%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Kosovo ($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 the United States (+51.0%), while the prices for the other major destinations experienced more modest paces of growth.

Centrifugal Clothes-Dryer Imports

Imports into Denmark

In 2021, the amount of centrifugal clothes-dryers imported into Denmark fell sharply to X units, declining by -30.1% on 2020. In general, imports faced a abrupt downturn. The growth pace was the most rapid in 2019 with an increase of 106%. Imports peaked at X units in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, centrifugal clothes-dryer imports fell significantly to $X in 2021. Over the period under review, imports showed a sharp descent. The most prominent rate of growth was recorded in 2019 when imports increased by 144% against the previous year. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

South Korea (X units), China (X units) and Turkey (X units) were the main suppliers of centrifugal clothes-dryer imports to Denmark, with a combined 78% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +372.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Turkey ($X) and Finland ($X) appeared to be the largest centrifugal clothes-dryer suppliers to Denmark, together accounting for 78% of total imports. Sweden, South Korea and France lagged somewhat behind, together accounting for a further 17%.

South Korea, with a CAGR of +330.4%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average centrifugal clothes-dryer import price amounted to $X per unit, falling by -49.6% against the previous year. Over the period under review, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 40%. Over the period under review, average import prices attained the maximum at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+6.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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