Scandinavia: Centrifugal Clothes-Dryer Market 2024

Centrifugal Clothes-Dryer Market Size in Scandinavia

The Scandinavia centrifugal clothes-dryer market contracted sharply to $X in 2021, waning by -25.3% against the previous year. In general, consumption recorded a precipitous slump. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Centrifugal Clothes-Dryer Production in Scandinavia

In value terms, centrifugal clothes-dryer production fell to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a slight curtailment. The growth pace was the most rapid in 2018 with an increase of 174% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Centrifugal Clothes-Dryer Exports

Exports in Scandinavia

After two years of growth, overseas shipments of centrifugal clothes-dryers decreased by -12% to X units in 2021. Overall, exports saw a abrupt contraction. The pace of growth was the most pronounced in 2020 with an increase of 58% against the previous year. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, centrifugal clothes-dryer exports fell rapidly to $X in 2021. Over the period under review, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 67% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Denmark was the main exporting country with an export of around X units, which finished at 59% of total exports. It was distantly followed by Sweden (X units), creating a 35% share of total exports. Finland (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Denmark (with a CAGR of +0.8%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Sweden ($X), Denmark ($X) and Finland ($X) were the countries with the highest levels of exports in 2021, together accounting for 99% of total exports.

Among the main exporting countries, Finland, with a CAGR of -6.9%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in Scandinavia stood at $X per unit in 2021, reducing by -6.2% against the previous year. Over the period under review, the export price showed a perceptible contraction. The most prominent rate of growth was recorded in 2018 when the export price increased by 88%. As a result, the export price attained the peak level of $X per unit. From 2019 to 2021, the export prices failed to regain momentum.

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 Sweden ($X per unit), while Denmark ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+2.6%), while the other leaders experienced a decline in the export price figures.

Centrifugal Clothes-Dryer Imports

Imports in Scandinavia

In 2021, supplies from abroad of centrifugal clothes-dryers decreased by -27.7% to X units, falling for the fifth year in a row after two years of growth. In general, imports continue to indicate a precipitous descent. The pace of growth was the most pronounced in 2015 with an increase of 39% against the previous year. The volume of import peaked at X units in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, centrifugal clothes-dryer imports shrank markedly to $X in 2021. Overall, imports showed a dramatic curtailment. The most prominent rate of growth was recorded in 2016 with an increase of 26%. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Norway (X units), Denmark (X units), Sweden (X units) and Finland (X units) represented roughly 92% of total imports in 2021. It was distantly followed by Iceland (X units), making up a 7.7% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Iceland (with a CAGR of -3.2%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, the largest centrifugal clothes-dryer importing markets in Scandinavia were Norway ($X), Finland ($X) and Sweden ($X), together comprising 76% of total imports. Denmark and Iceland lagged somewhat behind, together accounting for a further 24%.

Iceland, with a CAGR of -9.1%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Scandinavia stood at $X per unit in 2021, which is down by -28.7% against the previous year. In general, the import price saw a slight shrinkage. The most prominent rate of growth was recorded in 2020 when the import price increased by 39% against the previous year. As a result, import price reached the peak level of $X per unit, and then shrank sharply in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+2.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform