Eastern Europe: Electric Hand-Dryer Market 2022

Electric Hand-Dryer Market Size in Eastern Europe

In 2021, after three years of decline, there was growth in the East European electric hand-dryer market, when its value increased by X% to $X. In general, consumption continues to indicate a noticeable reduction. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Electric Hand-Dryer Production in Eastern Europe

In value terms, electric hand-dryer production expanded notably to $X in 2021 estimated in export price. Over the period under review, production, however, saw a noticeable decrease. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Electric Hand-Dryer Exports

Exports in Eastern Europe

In 2021, exports of electric hand-drying apparatus in Eastern Europe soared to X units, surging by X% on 2020. Over the period under review, exports posted strong growth. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The volume of export peaked in 2021 and is expected to retain growth in years to come.

In value terms, electric hand-dryer exports soared to $X in 2021. In general, exports posted a resilient increase. The growth pace was the most rapid in 2016 when exports increased by X%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Poland (X units), Russia (X units) and Belarus (X units) represented roughly X% of total exports in 2021. Lithuania (X units) held the next position in the ranking, followed by the Czech Republic (X units). All these countries together took near X% share of total exports. Hungary (X units) took a little share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Hungary (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest electric hand-dryer supplying countries in Eastern Europe were Poland ($X), Russia ($X) and Lithuania ($X), with a combined X% share of total exports.

Russia, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2021, shrinking by -X% against the previous year. In general, the export price continues to indicate a perceptible shrinkage. The growth pace was the most rapid in 2013 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2021, the the export prices failed to regain momentum.

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

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

Electric Hand-Dryer Imports

Imports in Eastern Europe

In 2021, purchases abroad of electric hand-drying apparatus decreased by -X% to X units for the first time since 2015, thus ending a five-year rising trend. Total imports indicated a temperate increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. 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 most prominent rate of growth was recorded in 2016 with an increase of X%. The volume of import peaked at X units in 2020, and then fell slightly in the following year.

In value terms, electric hand-dryer imports contracted modestly to $X in 2021. Total imports indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2020, and then reduced in the following year.

Imports by Country

Russia was the key importing country with an import of about X units, which resulted at X% of total imports. Ukraine (X units) held the second position in the ranking, followed by Poland (X units), Hungary (X units) and Belarus (X units). All these countries together took approx. X% share of total imports. The following importers - the Czech Republic (X units) and Romania (X units) - together made up X% of total imports.

Imports into Russia increased at an average annual rate of +X% from 2012 to 2021. At the same time, Hungary (+X%), Belarus (+X%) and Ukraine (+X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +X% from 2012-2021. Romania and the Czech Republic experienced a relatively flat trend pattern. By contrast, Poland (-X%) illustrated a downward trend over the same period. Hungary (+X p.p.), Belarus (+X p.p.) and Ukraine (+X p.p.) significantly strengthened its position in terms of the total imports, while the Czech Republic, Russia and Poland saw its share reduced by -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, Russia ($X) constitutes the largest market for imported electric hand-drying apparatus in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by Poland ($X), with a X% share of total imports. It was followed by Ukraine, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Russia totaled +X%. In the other countries, the average annual rates were as follows: Poland (-X% per year) and Ukraine (+X% per year).

Import Prices by Country

In 2021, the import price in Eastern Europe amounted to $X per unit, approximately reflecting the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the import price increased by X% against the previous year. As a result, import price attained 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 the Czech Republic ($X per unit), while Belarus ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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