United Kingdom: Electric Hand-Dryer Market 2024

Electric Hand-Dryer Market Size in the UK

The UK electric hand-dryer market expanded notably to $X in 2021, surging by 11% against the previous year. Overall, consumption, however, continues to indicate a mild decrease. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Electric Hand-Dryer Production in the UK

In value terms, electric hand-dryer production expanded rapidly to $X in 2021 estimated in export price. In general, production, however, showed a pronounced setback. The most prominent rate of growth was recorded in 2013 with an increase of 18% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Electric Hand-Dryer Exports

Exports from the UK

In 2021, overseas shipments of electric hand-drying apparatus decreased by -21.3% to X units, falling for the fourth year in a row after two years of growth. Overall, exports showed a perceptible descent. The growth pace was the most rapid in 2014 with an increase of 62%. The exports peaked at X units in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, electric hand-dryer exports surged to $X in 2021. In general, exports saw a slight setback. The most prominent rate of growth was recorded in 2014 when exports increased by 35% against the previous year. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Slovakia (X units) was the main destination for electric hand-dryer exports from the UK, accounting for a 25% share of total exports. Moreover, electric hand-dryer exports to Slovakia exceeded the volume sent to the second major destination, the United Arab Emirates (X units), twofold. The third position in this ranking was taken by Hungary (X units), with a 9.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Slovakia stood at +164.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+4.5% per year) and Hungary (+11.6% per year).

In value terms, the largest markets for electric hand-dryer exported from the UK were the United Arab Emirates ($X), Ireland ($X) and Qatar ($X), with a combined 32% share of total exports. France, Belgium, Spain, Poland, Slovakia, Sweden, the Netherlands, Hungary, Germany and Austria lagged somewhat behind, together accounting for a further 31%.

Slovakia, with a CAGR of +157.0%, 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

The average electric hand-dryer export price stood at $X per unit in 2021, jumping by 54% against the previous year. Overall, export price indicated a perceptible expansion from 2012 to 2021: its price increased at an average annual rate of +2.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, electric hand-dryer export price increased by +119.0% against 2017 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Qatar ($X per unit), while the average price for exports to Slovakia ($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 (+16.1%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Hand-Dryer Imports

Imports into the UK

Electric hand-dryer imports into the UK expanded modestly to X units in 2021, increasing by 2.3% compared with the previous year's figure. Overall, imports, however, saw a perceptible downturn. The growth pace was the most rapid in 2014 when imports increased by 56%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, electric hand-dryer imports reached $X in 2021. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 19%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of electric hand-dryer to the UK, accounting for a 79% share of total imports. Moreover, electric hand-dryer imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled -6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+8.0% per year) and the United States (-2.7% per year).

In value terms, China ($X) constituted the largest supplier of electric hand-drying apparatus to the UK, comprising 69% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with an 18% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+1.5% per year) and the United States (-9.8% per year).

Import Prices by Country

In 2021, the average electric hand-dryer import price amounted to $X per unit, rising by 12% against the previous year. Overall, import price indicated resilient growth from 2012 to 2021: its price increased at an average annual rate of +5.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, electric hand-dryer import price decreased by -10.7% against 2018 indices. The most prominent rate of growth was recorded in 2013 an increase of 68%. The import price peaked at $X per unit in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per unit), while the price for China ($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 (+9.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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