Germany: Centrifugal Clothes-Dryer Market 2024

Centrifugal Clothes-Dryer Market Size in Germany

In 2021, the German centrifugal clothes-dryer market increased by 111% to $X, rising for the third consecutive year after two years of decline. Overall, consumption, however, saw a abrupt contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Centrifugal Clothes-Dryer Production in Germany

In value terms, centrifugal clothes-dryer production reached $X in 2021 estimated in export price. Over the period under review, production continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2019 when the production volume increased by 35% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Centrifugal Clothes-Dryer Exports

Exports from Germany

In 2021, the amount of centrifugal clothes-dryers exported from Germany rose remarkably to X units, surging by 13% on 2020. Over the period under review, total exports indicated a measured expansion from 2012 to 2021: its volume increased at an average annual rate of +4.5% 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 +54.1% against 2016 indices. The growth pace was the most rapid in 2013 with an increase of 30% against the previous year. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, centrifugal clothes-dryer exports surged to $X in 2021. Overall, total exports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +7.0% 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 +94.8% against 2018 indices. The growth pace was the most rapid in 2019 with an increase of 70% against the previous year. The exports peaked in 2021 and are likely to see steady growth in years to come.

Exports by Country

Spain (X units), France (X units) and the Netherlands (X units) were the main destinations of centrifugal clothes-dryer exports from Germany, together accounting for 47% of total exports. Belgium, Austria, the UK, the Czech Republic, Italy, China, Poland, Denmark, Russia and Switzerland lagged somewhat behind, together accounting for a further 46%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +96.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for centrifugal clothes-dryer exported from Germany were France ($X), Austria ($X) and Belgium ($X), together accounting for 46% of total exports. The Netherlands, Italy, Spain, China, the UK, Denmark, the Czech Republic, Switzerland, Poland and Russia lagged somewhat behind, together accounting for a further 43%.

Poland, with a CAGR of +106.5%, 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, with an increase of 9.1% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.5%. The growth pace was the most rapid in 2019 an increase of 57%. As a result, the export price attained the peak level of $X per unit. From 2020 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to Spain ($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 Italy (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

Centrifugal Clothes-Dryer Imports

Imports into Germany

In 2021, purchases abroad of centrifugal clothes-dryers increased by 80% to X units, rising for the third year in a row after two years of decline. In general, imports, however, saw a pronounced decrease. The most prominent rate of growth was recorded in 2019 when imports increased by 225%. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, centrifugal clothes-dryer imports soared to $X in 2021. Overall, imports posted a prominent expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 306%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the near future.

Imports by Country

The Netherlands (X units), Poland (X units) and Hong Kong SAR (X units) were the main suppliers of centrifugal clothes-dryer imports to Germany, with a combined 96% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Hong Kong SAR (with a CAGR of +1,032.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the Netherlands ($X) and Hong Kong SAR ($X) appeared to be the largest centrifugal clothes-dryer suppliers to Germany, together comprising 98% of total imports.

In terms of the main suppliers, Hong Kong SAR, with a CAGR of +1,168.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average centrifugal clothes-dryer import price stood at $X per unit in 2021, with an increase of 33% against the previous year. In general, the import price saw resilient growth. The pace of growth appeared the most rapid in 2014 an increase of 72% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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