EU: Electric Hand-Dryer Market 2022

Electric Hand-Dryer Market Size in the EU

The EU electric hand-dryer market reached $X in 2021, picking up by X% against the previous year. In general, consumption showed a relatively flat trend pattern. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Electric Hand-Dryer Production in the EU

In value terms, electric hand-dryer production expanded markedly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Electric Hand-Dryer Exports

Exports in the EU

In 2021, overseas shipments of electric hand-drying apparatus increased by X% to X units, rising for the fourth year in a row after two years of decline. The total export volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X%. The volume of export peaked in 2021 and is likely to see gradual growth in years to come.

In value terms, electric hand-dryer exports shrank to $X in 2021. The total export value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Spain represented the major exporting country with an export of around X units, which resulted at X% of total exports. Germany (X units) took the second position in the ranking, followed by Greece (X units), the Netherlands (X units), France (X units), Poland (X units) and Italy (X units). All these countries together held near X% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to electric hand-dryer exports from Spain stood at +X%. At the same time, Greece (+X%), the Netherlands (+X%), Poland (+X%), Germany (+X%) and France (+X%) displayed positive paces of growth. Moreover, Greece emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +X% from 2012-2021. By contrast, Italy (-X%) illustrated a downward trend over the same period. While the share of Greece (+X p.p.), the Netherlands (+X p.p.) and Poland (+X p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Italy (-X p.p.) and Spain (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest electric hand-dryer supplying countries in the European Union were Spain ($X), Germany ($X) and France ($X), with a combined X% share of total exports. The Netherlands, Poland, Italy and Greece lagged somewhat behind, together comprising a further X the main exporting countries, the Netherlands, with a CAGR of +X%, saw the highest growth rate of the value of exports, 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 the European Union stood at $X per unit in 2021, dropping by -X% against the previous year. Overall, the export price continues to indicate a perceptible contraction. The growth pace was the most rapid in 2016 when the export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2017 to 2021, the the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Germany ($X per unit), while Greece ($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 (+X%), while the other leaders experienced mixed trends in the export price figures.

Electric Hand-Dryer Imports

Imports in the EU

After three years of growth, supplies from abroad of electric hand-drying apparatus decreased by -X% to X units in 2021. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when imports increased by X%. The volume of import peaked at X units in 2020, and then declined in the following year.

In value terms, electric hand-dryer imports shrank to $X in 2021. In general, imports showed a slight decrease. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Italy (X units), Germany (X units), the Netherlands (X units), Spain (X units), France (X units), Greece (X units), Poland (X units), Hungary (X units), Ireland (X units), Belgium (X units) and Sweden (X units) represented roughly X% of total imports in 2021.

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

In value terms, the largest electric hand-dryer importing markets in the European Union were Germany ($X), France ($X) and Italy ($X), with a combined X% share of total imports. These countries were followed by the Netherlands, Spain, Poland, Ireland, Hungary, Belgium, Sweden and Greece, which together accounted for a further X Netherlands, with a CAGR of +X%, saw the highest growth rate of the value of imports, among 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

The import price in the European Union stood at $X per unit in 2021, with an increase of X% against the previous year. Over the period under review, the import price, however, showed a pronounced decrease. The most prominent rate of growth was recorded in 2018 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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