United Kingdom: Centrifugal Clothes-Dryer Market 2024

Centrifugal Clothes-Dryer Market Size in the UK

The UK centrifugal clothes-dryer market declined notably to $X in 2021, which is down by -65.9% against the previous year. Overall, consumption continues to indicate a precipitous setback. Centrifugal clothes-dryer consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Centrifugal Clothes-Dryer Production in the UK

In value terms, centrifugal clothes-dryer production declined markedly to $X in 2021 estimated in export price. Over the period under review, production saw a mild setback. The pace of growth was the most pronounced in 2018 when the production volume increased by 74% against the previous year. Centrifugal clothes-dryer production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Centrifugal Clothes-Dryer Exports

Exports from the UK

Centrifugal clothes-dryer exports from the UK soared to X units in 2021, rising by 86% against the previous year's figure. Over the period under review, exports posted a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, centrifugal clothes-dryer exports surged to $X in 2021. Overall, exports showed a perceptible increase. The pace of growth appeared the most rapid in 2013 when exports increased by 51%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X units) was the main destination for centrifugal clothes-dryer exports from the UK, accounting for a 44% share of total exports. Moreover, centrifugal clothes-dryer exports to Spain exceeded the volume sent to the second major destination, Ireland (X units), threefold. The third position in this ranking was held by the Netherlands (X units), with a 14% share.

From 2012 to 2021, the average annual growth rate of volume to Spain totaled +63.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (-0.4% per year) and the Netherlands (+38.7% per year).

In value terms, the largest markets for centrifugal clothes-dryer exported from the UK were the Netherlands ($X), Ireland ($X) and Spain ($X), with a combined 64% share of total exports. The United Arab Emirates, Portugal, Hungary and Italy lagged somewhat behind, together comprising a further 10%.

Portugal, with a CAGR of +89.5%, saw the highest rates of growth with regard to the value of exports, in terms of 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 centrifugal clothes-dryer export price amounted to $X per unit, waning by -23.2% against the previous year. Overall, the export price showed a abrupt slump. The pace of growth appeared the most rapid in 2017 when the average export price increased by 11% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Spain ($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 the Netherlands (+23.2%), while the prices for the other major destinations experienced a decline.

Centrifugal Clothes-Dryer Imports

Imports into the UK

In 2021, imports of centrifugal clothes-dryers into the UK expanded rapidly to X units, with an increase of 12% against 2020 figures. Overall, imports, however, saw a significant decrease. The most prominent rate of growth was recorded in 2019 with an increase of 260%. Imports peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, centrifugal clothes-dryer imports soared to $X in 2021. Over the period under review, imports, however, showed a significant decline. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest centrifugal clothes-dryer supplier to the UK, with a 61% share of total imports. Moreover, centrifugal clothes-dryer imports from China exceeded the figures recorded by the second-largest supplier, Argentina (X units), threefold. The United States (X units) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+14.4% per year) and the United States (+0.3% per year).

In value terms, China ($X) constituted the largest supplier of centrifugal clothes-dryers to the UK, comprising 54% of total imports. The second position in the ranking was taken by the United States ($X), with a 25% share of total imports. It was followed by Argentina, with a 15% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +6.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-3.6% per year) and Argentina (+14.5% per year).

Import Prices by Country

The average centrifugal clothes-dryer import price stood at $X per unit in 2021, with an increase of 70% against the previous year. In general, the import price continues to indicate a pronounced expansion. The growth pace was the most rapid in 2018 when the average import price increased by 130% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2021, the average import prices remained 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 the United States ($X per unit), while the price for Germany ($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 (+6.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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