Romania: Centrifugal Clothes-Dryer Market 2024

Centrifugal Clothes-Dryer Market Size in Romania

In 2021, the Romanian centrifugal clothes-dryer market increased by 24% to $X, rising for the sixth consecutive year after three years of decline. Over the period under review, consumption showed a prominent expansion. Over the period under review, the market reached the peak level in 2021 and is likely to see gradual growth in the near future.

Centrifugal Clothes-Dryer Exports

Exports from Romania

In 2021, overseas shipments of centrifugal clothes-dryers increased by 111% to X units, rising for the sixth year in a row after two years of decline. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by 3,650%. Over the period under review, the exports reached the maximum in 2021 and are likely to continue growth in the immediate term.

In value terms, centrifugal clothes-dryer exports soared to $X in 2021. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 2,063% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Bulgaria (X units) was the main destination for centrifugal clothes-dryer exports from Romania, with a 72% share of total exports. Moreover, centrifugal clothes-dryer exports to Bulgaria exceeded the volume sent to the second major destination, Italy (X units), threefold. Slovakia (X units) ranked third in terms of total exports with a 2% share.

From 2012 to 2021, the average annual growth rate of volume to Bulgaria stood at +178.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+71.4% per year) and Slovakia (+12.8% per year).

In value terms, Bulgaria ($X) remains the key foreign market for centrifugal clothes-dryers exports from Romania, comprising 83% of total exports. The second position in the ranking was held by Italy ($X), with a 13% share of total exports. It was followed by Moldova, with a 1.4% share.

From 2012 to 2021, the average annual growth rate of value to Bulgaria stood at +206.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+48.5% per year) and Moldova (-2.4% per year).

Export Prices by Country

In 2021, the average centrifugal clothes-dryer export price amounted to $X per unit, reducing by -14.1% against the previous year. Overall, the export price showed a noticeable setback. The pace of growth was the most pronounced in 2015 when the average export price increased by 40% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2016 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Moldova ($X per unit), while the average price for exports to Slovakia ($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 Germany (+22.9%), while the prices for the other major destinations experienced a decline.

Centrifugal Clothes-Dryer Imports

Imports into Romania

Centrifugal clothes-dryer imports into Romania surged to X units in 2021, picking up by 34% on the previous year. Over the period under review, imports saw a significant expansion. The pace of growth appeared the most rapid in 2019 when imports increased by 106% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, centrifugal clothes-dryer imports surged to $X in 2021. In general, imports recorded a significant expansion. The growth pace was the most rapid in 2019 when imports increased by 87% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in years to come.

Imports by Country

Poland (X units), Turkey (X units) and Italy (X units) were the main suppliers of centrifugal clothes-dryer imports to Romania, with a combined 97% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +327.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) constituted the largest supplier of centrifugal clothes-dryers to Romania, comprising 57% of total imports. The second position in the ranking was held by Turkey ($X), with a 24% share of total imports. It was followed by Italy, with a 16% share.

From 2012 to 2021, the average annual growth rate of value from Poland amounted to +308.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+39.6% per year) and Italy (+30.5% per year).

Import Prices by Country

In 2021, the average centrifugal clothes-dryer import price amounted to $X per unit, waning by -5.3% against the previous year. Over the last nine years, it increased at an average annual rate of +1.2%. The pace of growth appeared the most rapid in 2013 an increase of 26% against the previous year. The import price peaked at $X per unit in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (-0.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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