Spain: Centrifugal Clothes-Dryer Market 2024

Centrifugal Clothes-Dryer Market Size in Spain

In 2021, the Spanish centrifugal clothes-dryer market decreased by -1.6% to $X for the first time since 2018, thus ending a two-year rising trend. Overall, consumption, however, showed a resilient expansion. Centrifugal clothes-dryer consumption peaked at $X in 2020, and then fell slightly in the following year.

Centrifugal Clothes-Dryer Exports

Exports from Spain

In 2021, centrifugal clothes-dryer exports from Spain declined rapidly to X units, waning by -43.2% compared with the previous year. Overall, exports, however, showed a prominent increase. The pace of growth was the most pronounced in 2020 with an increase of 154% against the previous year. As a result, the exports reached the peak of X units, and then declined sharply in the following year.

In value terms, centrifugal clothes-dryer exports dropped markedly to $X in 2021. Over the period under review, exports, however, posted resilient growth. The most prominent rate of growth was recorded in 2018 when exports increased by 153% against the previous year. Over the period under review, the exports hit record highs at $X in 2020, and then contracted dramatically in the following year.

Exports by Country

Portugal (X units) was the main destination for centrifugal clothes-dryer exports from Spain, accounting for a 51% share of total exports. Moreover, centrifugal clothes-dryer exports to Portugal exceeded the volume sent to the second major destination, Andorra (X units), fourfold. Gibraltar (X units) ranked third in terms of total exports with an 8.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Portugal amounted to +15.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Andorra (+12.4% per year) and Gibraltar (+30.5% per year).

In value terms, Portugal ($X) remains the key foreign market for centrifugal clothes-dryers exports from Spain, comprising 52% of total exports. The second position in the ranking was held by Andorra ($X), with a 12% share of total exports. It was followed by Hong Kong SAR, with a 7.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Portugal amounted to +23.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Andorra (+11.9% per year) and Hong Kong SAR (+87.7% per year).

Export Prices by Country

The average centrifugal clothes-dryer export price stood at $X per unit in 2021, growing by 3.7% against the previous year. Over the last nine years, it increased at an average annual rate of +2.1%. The pace of growth was the most pronounced in 2014 when the average export price increased by 41% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 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 Hong Kong SAR ($X per unit), while the average price for exports to India ($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 Hong Kong SAR (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.

Centrifugal Clothes-Dryer Imports

Imports into Spain

After four years of growth, supplies from abroad of centrifugal clothes-dryers decreased by -7.8% to X units in 2021. Overall, imports, however, saw resilient growth. The growth pace was the most rapid in 2017 when imports increased by 135% against the previous year. Imports peaked at X units in 2020, and then shrank in the following year.

In value terms, centrifugal clothes-dryer imports fell to $X in 2021. Over the period under review, imports, however, saw a strong increase. The growth pace was the most rapid in 2017 when imports increased by 132% against the previous year. Imports peaked at $X in 2020, and then fell in the following year.

Imports by Country

China (X units), Turkey (X units) and Poland (X units) were the main suppliers of centrifugal clothes-dryer imports to Spain, together comprising 86% 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 +117.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest centrifugal clothes-dryer suppliers to Spain were China ($X), Turkey ($X) and Poland ($X), with a combined 88% share of total imports.

In terms of the main suppliers, Poland, with a CAGR of +134.1%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average centrifugal clothes-dryer import price stood at $X per unit in 2021, reducing by -1.6% against the previous year. Over the period under review, the import price recorded a mild shrinkage. The most prominent rate of growth was recorded in 2020 when the average import price increased by 5.3% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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 Poland ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovenia (+44.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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