Germany: Non-Domestic Dryer Market 2024

Non-Domestic Dryer Market Size in Germany

The German non-domestic dryer market fell to $X in 2021, with a decrease of -3.4% against the previous year. Overall, consumption recorded a slight reduction. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Non-Domestic Dryer Production in Germany

In value terms, non-domestic dryer production reached $X in 2021 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 1.9% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Non-Domestic Dryer Exports

Exports from Germany

In 2021, non-domestic dryer exports from Germany rose to X units, surging by 3.7% on the year before. Over the period under review, exports, however, recorded a perceptible setback. The pace of growth was the most pronounced in 2017 with an increase of 23%. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, non-domestic dryer exports declined slightly to $X in 2021. Overall, exports, however, recorded a slight descent. The most prominent rate of growth was recorded in 2017 when exports increased by 25% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China (X units) was the main destination for non-domestic dryer exports from Germany, accounting for a 23% share of total exports. Moreover, non-domestic dryer exports to China exceeded the volume sent to the second major destination, Belarus (X units), threefold. Belgium (X units) ranked third in terms of total exports with a 6.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to China totaled +3.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (+17.6% per year) and Belgium (+17.4% per year).

In value terms, China ($X) remains the key foreign market for non-domestic dryers exports from Germany, comprising 21% of total exports. The second position in the ranking was held by the United States ($X), with a 7.1% share of total exports. It was followed by Belgium, with a 5.2% share.

From 2012 to 2021, the average annual growth rate of value to China totaled +2.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+7.0% per year) and Belgium (+12.3% per year).

Export Prices by Country

The average non-domestic dryer export price stood at $X per unit in 2021, dropping by -4.3% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2013 an increase of 14% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Colombia ($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 (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Domestic Dryer Imports

Imports into Germany

In 2021, purchases abroad of non-domestic dryers was finally on the rise to reach X units after three years of decline. Overall, imports, however, recorded a deep reduction. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, non-domestic dryer imports skyrocketed to $X in 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Turkey (X units), China (X units) and Italy (X units) were the main suppliers of non-domestic dryer imports to Germany, together comprising 56% of total imports. The Czech Republic, Belgium, the Netherlands, Sweden, Denmark, Poland, Switzerland, Austria, the United States and the UK lagged somewhat behind, together comprising a further 39%.

From 2012 to 2021, the biggest increases were recorded for Sweden (with a CAGR of +16.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Sweden ($X) and Belgium ($X) constituted the largest non-domestic dryer suppliers to Germany, together accounting for 42% of total imports.

Sweden, with a CAGR of +21.3%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average non-domestic dryer import price stood at $X per unit in 2021, growing by 14% against the previous year. Overall, import price indicated a moderate increase from 2012 to 2021: its price increased at an average annual rate of +4.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, non-domestic dryer import price increased by +73.6% against 2017 indices. The growth pace was the most rapid in 2014 an increase of 17%. The import price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Sweden ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (+18.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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