Greece: Centrifugal Clothes-Dryer Market 2025

Centrifugal Clothes-Dryer Market Size in Greece

For the ninth year in a row, the Greek centrifugal clothes-dryer market recorded decline in sales value, which decreased by -17.9% to $X in 2021. Overall, consumption saw a deep setback. The pace of growth was the most pronounced in 2020 when the market value decreased by -5.9%. Centrifugal clothes-dryer consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Centrifugal Clothes-Dryer Production in Greece

In value terms, centrifugal clothes-dryer production rose notably to $X in 2021 estimated in export price. In general, production faced a dramatic slump. The growth pace was the most rapid in 2019 when the production volume increased by 767% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Centrifugal Clothes-Dryer Exports

Exports from Greece

In 2021, after two years of decline, there was significant growth in shipments abroad of centrifugal clothes-dryers, when their volume increased by 454% to X units. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 562%. As a result, the exports attained the peak of X units. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, centrifugal clothes-dryer exports soared to $X in 2021. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X units) was the main destination for centrifugal clothes-dryer exports from Greece, accounting for a 94% share of total exports. Moreover, centrifugal clothes-dryer exports to China exceeded the volume sent to the second major destination, Cyprus (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to China stood at +20.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cyprus (+38.9% per year) and Germany (-64.6% per year).

In value terms, China ($X) emerged as the key foreign market for centrifugal clothes-dryers exports from Greece, comprising 98% of total exports. The second position in the ranking was taken by Cyprus ($X), with a 1.6% share of total exports.

From 2012 to 2021, the average annual growth rate of value to China amounted to +20.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cyprus (+21.1% per year) and Germany (-74.4% per year).

Export Prices by Country

In 2021, the average centrifugal clothes-dryer export price amounted to $X per unit, with an increase of 109% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Cyprus ($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 North Macedonia (+43.0%), while the prices for the other major destinations experienced mixed trend patterns.

Centrifugal Clothes-Dryer Imports

Imports into Greece

In 2021, supplies from abroad of centrifugal clothes-dryers decreased by -6.4% to X units, falling for the third consecutive year after two years of growth. Over the period under review, imports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of 1,319%. As a result, imports attained the peak of X units. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, centrifugal clothes-dryer imports fell significantly to $X in 2021. Overall, imports, however, showed strong growth. The pace of growth was the most pronounced in 2018 when imports increased by 1,652% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Germany (X units) constituted the largest supplier of centrifugal clothes-dryer to Greece, with a 77% share of total imports. Moreover, centrifugal clothes-dryer imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), sevenfold. The third position in this ranking was taken by Bulgaria (X units), with a 6.3% share.

From 2012 to 2021, the average annual growth rate of volume from Germany totaled +70.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-9.0% per year) and Bulgaria (+5.0% per year).

In value terms, Germany ($X) constituted the largest supplier of centrifugal clothes-dryers to Greece, comprising 60% of total imports. The second position in the ranking was held by China ($X), with a 21% share of total imports. It was followed by Italy, with a 5.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +40.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-1.3% per year) and Italy (-14.5% per year).

Import Prices by Country

In 2021, the average centrifugal clothes-dryer import price amounted to $X per unit, falling by -24.2% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 38%. The import price peaked at $X per unit in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

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 China ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+8.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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