Indonesia: Electric Hand-Dryer Market 2022

Electric Hand-Dryer Market Size in Indonesia

The Indonesian electric hand-dryer market fell sharply to $X in 2021, waning by -X% 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, the total consumption indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -X% against 2019 indices. Electric hand-dryer consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Electric Hand-Dryer Exports

Exports from Indonesia

In 2021, overseas shipments of electric hand-drying apparatus decreased by X% to X units for the first time since 2018, thus ending a two-year rising trend. In general, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, electric hand-dryer exports dropped to $X in 2021. Overall, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Sri Lanka (X units) was the main destination for electric hand-dryer exports from Indonesia, with a X% share of total exports. Moreover, electric hand-dryer exports to Sri Lanka exceeded the volume sent to the second major destination, Singapore (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Sri Lanka stood at +X%.

In value terms, Sri Lanka ($X) and Singapore ($X) constituted the largest markets for electric hand-dryer exported from Indonesia worldwide.

Sri Lanka, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

The average electric hand-dryer export price stood at $X per unit in 2021, which is down by -X% against the previous year. Over the period under review, the export price saw a abrupt slump. The pace of growth appeared the most rapid in 2016 when the average export price increased by X%. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Singapore ($X per unit), while the average price for exports to Sri Lanka amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+X%).

Electric Hand-Dryer Imports

Imports into Indonesia

In 2021, approx. X units of electric hand-drying apparatus were imported into Indonesia; declining by -X% on the previous year. In general, imports, however, recorded a prominent increase. The pace of growth was the most pronounced in 2014 with an increase of X%. Imports peaked at X units in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, electric hand-dryer imports declined dramatically to $X in 2021. Over the period under review, total imports indicated a mild increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -X% against 2019 indices. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest electric hand-dryer supplier to Indonesia, with a X% share of total imports. Moreover, electric hand-dryer imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+X% per year) and the United States (+X% per year).

In value terms, China ($X) constituted the largest supplier of electric hand-dryer to Indonesia, comprising X% of total imports. The second position in the ranking was held by Japan ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+X% per year) and the United States (+X% per year).

Import Prices by Country

The average electric hand-dryer import price stood at $X per unit in 2021, with a decrease of -X% against the previous year. In general, the import price saw a perceptible slump. The pace of growth was the most pronounced in 2017 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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