Hungary: Electric Hand-Dryer Market 2025

Electric Hand-Dryer Market Size in Hungary

The Hungarian electric hand-dryer market soared to $X in 2021, jumping by 34% 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). In general, consumption showed resilient growth. Electric hand-dryer consumption peaked in 2021 and is expected to retain growth in the immediate term.

Electric Hand-Dryer Exports

Exports from Hungary

In 2021, exports of electric hand-drying apparatus from Hungary surged to X units, growing by 531% against the previous year's figure. Overall, exports posted a significant expansion. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, electric hand-dryer exports skyrocketed to $X in 2021. In general, exports recorded a prominent increase. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Poland (X units), Jordan (X units) and Romania (X units) were the main destinations of electric hand-dryer exports from Hungary, together comprising 91% of total exports. Moldova and Croatia lagged somewhat behind, together accounting for a further 8.9%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Croatia (with a CAGR of +28.5%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) emerged as the key foreign market for electric hand-drying apparatus exports from Hungary, comprising 79% of total exports. The second position in the ranking was held by Jordan ($X), with a 14% share of total exports. It was followed by Moldova, with a 2.7% share.

From 2012 to 2021, the average annual growth rate of value to Poland was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Jordan (0.0% per year) and Moldova (-58.8% per year).

Export Prices by Country

The average electric hand-dryer export price stood at $X per unit in 2021, jumping by 80% against the previous year. Over the period under review, the export price, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2016 when the average export price increased by 120%. Over the period under review, the average export prices attained the maximum at $X per unit in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Poland ($X per unit), while the average price for exports to Croatia ($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 Switzerland (+34.0%), while the prices for the other major destinations experienced mixed trend patterns.

Electric Hand-Dryer Imports

Imports into Hungary

In 2021, overseas purchases of electric hand-drying apparatus increased by 48% to X units, rising for the fifth year in a row after two years of decline. Overall, imports recorded a significant increase. The pace of growth was the most pronounced in 2019 when imports increased by 80%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, electric hand-dryer imports soared to $X in 2021. Over the period under review, imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2013 with an increase of 99% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are likely to continue growth in the near future.

Imports by Country

In 2021, China (X units) constituted the largest electric hand-dryer supplier to Hungary, with a 84% share of total imports. Moreover, electric hand-dryer imports from China exceeded the figures recorded by the second-largest supplier, Spain (X units), ninefold. The third position in this ranking was held by Germany (X units), with a 2% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +42.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+7.4% per year) and Germany (-11.0% per year).

In value terms, the largest electric hand-dryer suppliers to Hungary were China ($X), Spain ($X) and Germany ($X), with a combined 87% share of total imports. Belgium, Italy, Switzerland and the UK lagged somewhat behind, together accounting for a further 3.9%.

Belgium, with a CAGR of +100.4%, saw the highest rates of growth with regard to 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 electric hand-dryer import price stood at $X per unit in 2021, falling by -19.8% against the previous year. In general, the import price saw a abrupt contraction. The pace of growth was the most pronounced in 2013 an increase of 89% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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