EU: Centrifugal Clothes-Dryer Market 2024

Centrifugal Clothes-Dryer Market Size in the EU

In 2021, the EU centrifugal clothes-dryer market increased by 13% to $X, rising for the third year in a row after two years of decline. Over the period under review, consumption, however, continues to indicate a mild downturn. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Centrifugal Clothes-Dryer Production in the EU

In value terms, centrifugal clothes-dryer production expanded modestly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2016 when the production volume increased by 2.9%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Centrifugal Clothes-Dryer Exports

Exports in the EU

In 2021, overseas shipments of centrifugal clothes-dryers increased by 1.3% to X units, rising for the second year in a row after two years of decline. Total exports indicated a perceptible expansion from 2012 to 2021: its volume increased at an average annual rate of +3.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +87.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 85%. The volume of export peaked in 2021 and is likely to see gradual growth in years to come.

In value terms, centrifugal clothes-dryer exports stood at $X in 2021. The total export value increased at an average annual rate of +2.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 24%. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

Exports by Country

Germany (X units) and the Netherlands (X units) represented the major exporters of centrifugal clothes-dryers in 2021, amounting to approx. 23% and 21% of total exports, respectively. Spain (X units) took the next position in the ranking, followed by Poland (X units), Romania (X units) and Denmark (X units). All these countries together took near 37% share of total exports. Lithuania (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Romania (with a CAGR of +59.3%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest centrifugal clothes-dryer supplier in the European Union, comprising 52% of total exports. The second position in the ranking was held by Spain ($X), with an 11% share of total exports. It was followed by the Netherlands, with a 7.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Germany amounted to +7.0%. In the other countries, the average annual rates were as follows: Spain (+12.4% per year) and the Netherlands (+22.8% per year).

Export Prices by Country

The export price in the European Union stood at $X per unit in 2021, stabilizing at the previous year. In general, the export price, however, continues to indicate a mild curtailment. The growth pace was the most rapid in 2019 an increase of 41%. As a result, the export price reached the peak level of $X per unit. From 2020 to 2021, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per unit), while Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+2.5%), while the other leaders experienced mixed trends in the export price figures.

Centrifugal Clothes-Dryer Imports

Imports in the EU

For the third year in a row, the European Union recorded growth in supplies from abroad of centrifugal clothes-dryers, which increased by 6.3% to X units in 2021. In general, imports saw a strong increase. The pace of growth appeared the most rapid in 2019 with an increase of 51%. Over the period under review, imports reached the peak figure in 2021 and are likely to see steady growth in years to come.

In value terms, centrifugal clothes-dryer imports skyrocketed to $X in 2021. Over the period under review, imports saw a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 56%. The level of import peaked in 2021 and is expected to retain growth in the near future.

Imports by Country

Belgium (X units), Spain (X units), Romania (X units) and the Netherlands (X units) represented roughly 76% of total imports in 2021. Portugal (X units) held a 5.2% share (based on physical terms) of total imports, which put it in second place, followed by Germany (4.7%). The following importers - Malta (X units) and France (X units) - each reached a 4.7% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Romania (with a CAGR of +34.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), the Netherlands ($X) and Spain ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 57% of total imports.

Belgium, with a CAGR of +37.3%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries 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 the European Union amounted to $X per unit, with an increase of 13% against the previous year. In general, the import price recorded a modest expansion. The most prominent rate of growth was recorded in 2020 an increase of 13%. Over the period under review, import prices hit record highs in 2021 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Germany ($X per unit), while Spain ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+11.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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