Spain: Non-Domestic Dryer Market 2024

Non-Domestic Dryer Market Size in Spain

The Spanish non-domestic dryer market totaled $X in 2021, with an increase of 15% against the previous year. Overall, consumption enjoyed prominent growth. Over the period under review, the market attained the peak level in 2021 and is likely to see gradual growth in years to come.

Non-Domestic Dryer Production in Spain

In value terms, non-domestic dryer production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, saw a noticeable decline. The pace of growth was the most pronounced in 2015 when the production volume increased by 31%. Non-domestic dryer production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Non-Domestic Dryer Exports

Exports from Spain

In 2021, exports of non-domestic dryers from Spain soared to X units, growing by 33% compared with the previous year's figure. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by 129%. As a result, the exports reached the peak of X units. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, non-domestic dryer exports skyrocketed to $X in 2021. Overall, exports, however, continue to indicate a mild setback. The most prominent rate of growth was recorded in 2019 with an increase of 36%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Japan (X units), Italy (X units) and Germany (X units) were the main destinations of non-domestic dryer exports from Spain, together comprising 0.8% of total exports. These countries were followed by Mexico, Saudi Arabia, France, the United States, Australia, Portugal, China, Russia, Uzbekistan and Peru, which together accounted for a further 0.9%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Australia (with a CAGR of +35.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-domestic dryer exported from Spain were Italy ($X), Russia ($X) and Saudi Arabia ($X), together comprising 31% of total exports. These countries were followed by France, China, the United States, Japan, Germany, Australia, Mexico, Peru, Portugal and Uzbekistan, which together accounted for a further 45%.

Australia, with a CAGR of +30.6%, saw the highest growth rate of the value of exports, among the main countries of destination 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 non-domestic dryer export price amounted to $X per unit, shrinking by -11.9% against the previous year. Over the period under review, the export price recorded a slight decline. The pace of growth appeared the most rapid in 2014 when the average export price increased by 70%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Japan ($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 Peru (+18.0%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Domestic Dryer Imports

Imports into Spain

In 2021, purchases abroad of non-domestic dryers increased by 42% to X units, rising for the second consecutive year after three years of decline. Overall, imports recorded a prominent increase. The most prominent rate of growth was recorded in 2016 when imports increased by 108% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, non-domestic dryer imports surged to $X in 2021. In general, imports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2016 with an increase of 55% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Italy (X units) constituted the largest non-domestic dryer supplier to Spain, accounting for a 2.7% share of total imports. Moreover, non-domestic dryer imports from Italy exceeded the figures recorded by the second-largest supplier, China (X units), sevenfold. The United States (X units) ranked third in terms of total imports with a 0.3% share.

From 2012 to 2021, the average annual growth rate of volume from Italy amounted to +31.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-1.9% per year) and the United States (+10.2% per year).

In value terms, the largest non-domestic dryer suppliers to Spain were Italy ($X), Germany ($X) and the United States ($X), together comprising 70% of total imports. China and Turkey lagged somewhat behind, together comprising a further 16%.

Among the main suppliers, Turkey, with a CAGR of +26.8%, 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

In 2021, the average non-domestic dryer import price amounted to $X per unit, falling by -11.4% against the previous year. Over the period under review, the import price showed a slight setback. The growth pace was the most rapid in 2017 an increase of 53%. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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