Italy: Centrifugal Clothes-Dryer Market 2024

Centrifugal Clothes-Dryer Market Size in Italy

The Italian centrifugal clothes-dryer market rose slightly to $X in 2021, with an increase of 4.5% against the previous year. Overall, consumption, however, saw a deep reduction. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Centrifugal Clothes-Dryer Production in Italy

In value terms, centrifugal clothes-dryer production fell modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the production volume increased by 36% against the previous year. Centrifugal clothes-dryer production peaked at $X in 2020, and then dropped in the following year.

Centrifugal Clothes-Dryer Exports

Exports from Italy

In 2021, shipments abroad of centrifugal clothes-dryers increased by 105% to X units for the first time since 2018, thus ending a two-year declining trend. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 154% against the previous year. Over the period under review, the exports hit record highs at X units in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, centrifugal clothes-dryer exports soared to $X in 2021. Overall, exports, however, showed a pronounced decline. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

The UK (X units), Uzbekistan (X units) and the United Arab Emirates (X units) were the main destinations of centrifugal clothes-dryer exports from Italy, with a combined 62% share of total exports. These countries were followed by Poland, Argentina, France, Belgium, India, Armenia, Germany, Albania, Tunisia and Switzerland, which together accounted for a further 33%.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +136.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Argentina ($X), the UK ($X) and Uzbekistan ($X) constituted the largest markets for centrifugal clothes-dryer exported from Italy worldwide, with a combined 56% share of total exports. These countries were followed by the United Arab Emirates, Belgium, France, Germany, Switzerland, Poland, Armenia, India, Tunisia and Albania, which together accounted for a further 36%.

Among the main countries of destination, France, with a CAGR of +309.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average centrifugal clothes-dryer export price amounted to $X per unit, rising by 17% against the previous year. Overall, the export price, however, showed a pronounced descent. The pace of growth was the most pronounced in 2019 an increase of 111%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($X per unit), while the average price for exports to Albania ($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 Argentina (+20.4%), while the prices for the other major destinations experienced more modest paces of growth.

Centrifugal Clothes-Dryer Imports

Imports into Italy

In 2021, after four years of decline, there was significant growth in overseas purchases of centrifugal clothes-dryers, when their volume increased by 154% to X units. In general, imports, however, continue to indicate a perceptible shrinkage. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, centrifugal clothes-dryer imports soared to $X in 2021. Overall, imports, however, saw a abrupt downturn. The pace of growth was the most pronounced in 2015 with an increase of 132%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

China (X units), Turkey (X units) and Germany (X units) were the main suppliers of centrifugal clothes-dryer imports to Italy, with a combined 85% share of total imports. These countries were followed by Moldova and Switzerland, which together accounted for a further 13%.

From 2012 to 2021, the biggest increases were recorded for Switzerland (with a CAGR of +3.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of centrifugal clothes-dryers to Italy, comprising 54% of total imports. The second position in the ranking was taken by China ($X), with a 23% share of total imports. It was followed by Turkey, with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (-1.6% per year) and Turkey (-8.9% per year).

Import Prices by Country

The average centrifugal clothes-dryer import price stood at $X per unit in 2021, with a decrease of -52.5% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 126% against the previous year. As a result, import price reached the peak level of $X per unit, and then declined markedly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+11.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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