Northern America: Centrifugal Clothes-Dryer Market 2024

Centrifugal Clothes-Dryer Market Size in Northern America

In 2021, the North American centrifugal clothes-dryer market decreased by -2.5% to $X for the first time since 2016, thus ending a four-year rising trend. In general, consumption, however, showed a mild curtailment. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Centrifugal Clothes-Dryer Production in Northern America

In value terms, centrifugal clothes-dryer production shrank to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2020 when the production volume increased by 12% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Centrifugal Clothes-Dryer Exports

Exports in Northern America

In 2021, approx. X units of centrifugal clothes-dryers were exported in Northern America; which is down by -4.4% on the year before. In general, exports showed a sharp reduction. The pace of growth was the most pronounced in 2013 when exports increased by 25% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, centrifugal clothes-dryer exports surged to $X in 2021. Over the period under review, exports recorded a relatively flat trend pattern. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

The United States represented the main exporter of centrifugal clothes-dryers in Northern America, with the volume of exports reaching X units, which was near 66% of total exports in 2021. It was distantly followed by Canada (X units), committing a 34% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Canada (with a CAGR of +11.5%).

In value terms, the United States ($X) remains the largest centrifugal clothes-dryer supplier in Northern America, comprising 94% of total exports. The second position in the ranking was held by Canada ($X), with a 6.4% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in the United States amounted to -1.1%.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2021, picking up by 90% against the previous year. Over the period under review, the export price saw a significant increase. The most prominent rate of growth was recorded in 2020 an increase of 174%. The level of export peaked in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per unit), while Canada amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+31.9%).

Centrifugal Clothes-Dryer Imports

Imports in Northern America

Centrifugal clothes-dryer imports surged to X units in 2021, with an increase of 16% on 2020 figures. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of 49% against the previous year. Over the period under review, imports hit record highs at X units in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, centrifugal clothes-dryer imports skyrocketed to $X in 2021. Total imports indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +52.6% against 2017 indices. The most prominent rate of growth was recorded in 2015 when imports increased by 38%. Over the period under review, imports reached the peak figure in 2021 and are likely to see gradual growth in years to come.

Imports by Country

Canada was the major importer of centrifugal clothes-dryers in Northern America, with the volume of imports accounting for X units, which was approx. 68% of total imports in 2021. It was distantly followed by the United States (X units), comprising a 28% share of total imports. Bermuda (X units) took a relatively small share of total imports.

Canada was also the fastest-growing in terms of the centrifugal clothes-dryers imports, with a CAGR of +4.8% from 2012 to 2021. The United States (-6.1%) and Bermuda (-9.7%) illustrated a downward trend over the same period. Canada (+25 p.p.) significantly strengthened its position in terms of the total imports, while Bermuda and the United States saw its share reduced by -4.6% and -19.5% from 2012 to 2021, respectively.

In value terms, the United States ($X), Canada ($X) and Bermuda ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 99% share of total imports.

The United States, with a CAGR of +5.9%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per unit, picking up by 13% against the previous year. Import price indicated a temperate expansion from 2012 to 2021: its price increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, centrifugal clothes-dryer import price increased by +69.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 an increase of 50%. Over the period under review, import prices hit record highs in 2021 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($X per unit), while Canada ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+12.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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