Report Update Nov 1, 2024

Hong Kong SAR, China - Centrifugal Clothes-Dryers - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Centrifugal Clothes-Dryer Market 2024

Centrifugal Clothes-Dryer Market Size in Hong Kong SAR, China

The Hong Kong centrifugal clothes-dryer market shrank dramatically to $X in 2021, reducing by -83.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a deep reduction. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Centrifugal Clothes-Dryer Exports

Exports from Hong Kong SAR, China

In 2021, overseas shipments of centrifugal clothes-dryers decreased by -38.5% to X units, falling for the second year in a row after two years of growth. In general, exports saw a sharp slump. The pace of growth was the most pronounced in 2018 when exports increased by 139% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, centrifugal clothes-dryer exports declined dramatically to $X in 2021. Over the period under review, exports showed a precipitous decline. The growth pace was the most rapid in 2018 with an increase of 181% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Paraguay (X units), Germany (X units) and Botswana (X units) were the main destinations of centrifugal clothes-dryer exports from Hong Kong SAR, with a combined 71% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Paraguay (with a CAGR of +45.6%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), Paraguay ($X) and Indonesia ($X) were the largest markets for centrifugal clothes-dryer exported from Hong Kong SAR worldwide, with a combined 70% share of total exports.

Paraguay, with a CAGR of +76.1%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average centrifugal clothes-dryer export price amounted to $X per unit, picking up by 10% against the previous year. In general, the export price saw a resilient increase. The pace of growth was the most pronounced in 2015 an increase of 69%. Over the period under review, the average export prices reached the peak figure in 2021 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($X per unit), while the average price for exports to Botswana ($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 Jamaica (+67.2%), while the prices for the other major destinations experienced more modest paces of growth.

Centrifugal Clothes-Dryer Imports

Imports into Hong Kong SAR, China

In 2021, imports of centrifugal clothes-dryers into Hong Kong SAR contracted markedly to X units, shrinking by -81.1% compared with the previous year. In general, imports faced a deep contraction. The pace of growth appeared the most rapid in 2017 with an increase of 260%. Imports peaked at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, centrifugal clothes-dryer imports fell markedly to $X in 2021. Over the period under review, imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2019 when imports increased by 249% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, the United States (X units) was the main supplier of centrifugal clothes-dryer to Hong Kong SAR, with a 97% share of total imports. It was followed by China (X units), with a 3.2% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States stood at +30.9%.

In value terms, the United States ($X) constituted the largest supplier of centrifugal clothes-dryers to Hong Kong SAR, comprising 97% of total imports. The second position in the ranking was held by China ($X), with a 3.3% share of total imports.

From 2012 to 2021, the average annual growth rate of value from the United States stood at +25.0%.

Import Prices by Country

In 2021, the average centrifugal clothes-dryer import price amounted to $X per unit, with a decrease of -11.7% against the previous year. Overall, the import price recorded a perceptible reduction. The pace of growth appeared the most rapid in 2018 when the average import price increased by 16% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied noticeably 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 the United States amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-4.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for centrifugal clothes-dryers in the world?

The countries with the highest volumes of centrifugal clothes-dryer consumption in 2020 were China, Turkey and Nigeria, together accounting for 65% of global consumption.

What are the largest producers of centrifugal clothes-dryers in the world?

The countries with the highest volumes of centrifugal clothes-dryer production in 2020 were China, Turkey and Argentina, together comprising 93% of global production. South Korea lagged somewhat behind, comprising a further 1.5%.

What are the leading suppliers of centrifugal clothes-dryers to Hong Kong SAR, China?

In value terms, China constituted the largest supplier of centrifugal clothes-dryer to Hong Kong SAR, comprising 92% of total imports. The second position in the ranking was occupied by the U.S., with a 7.7% share of total imports.

What are the leading importers of centrifugal clothes-dryers from Hong Kong SAR, China?

In value terms, China and Macao SAR were the largest markets for centrifugal clothes-dryer exported from Hong Kong SAR worldwide.

What is the average export price for centrifugal clothes-dryers in Hong Kong SAR, China?

In 2020, the average centrifugal clothes-dryer export price amounted to $1,319 per unit, waning by -25.2% against the previous year.

What is the average import price for centrifugal clothes-dryers in Hong Kong SAR, China?

The average centrifugal clothes-dryer import price stood at $2,376 per unit in 2020, rising by 171% against the previous year.

This report provides an in-depth analysis of the centrifugal clothes-dryer market in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28942300 - Centrifugal clothes-dryers

Country coverage:

Hong Kong SAR

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hong Kong SAR, China
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023