Global Ironing Machine Market 2022

Ironing Machine Market Size

In 2021, the global ironing machine market increased by X% to $X, rising for the sixth consecutive year after three years of decline. Overall, the total consumption indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2015 indices. Global consumption peaked in 2021 and is expected to retain growth in the near future.

Ironing Machine Production

In value terms, ironing machine production declined significantly to $X in 2021 estimated in export price. In general, production recorded a deep slump. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Global production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Ironing Machine Exports

Exports

In 2021, after two years of growth, there was decline in overseas shipments of ironing machines and presses, when their volume decreased by -X% to X units. Over the period under review, total exports indicated a mild increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2020 when exports increased by X%. As a result, the exports attained the peak of X units, and then dropped modestly in the following year.

In value terms, ironing machine exports reached $X in 2021. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the global exports remained at a somewhat lower figure.

Exports by Country

Germany was the largest exporting country with an export of around X units, which finished at X% of total exports. It was distantly followed by China (X units), Malaysia (X units), Belgium (X units) and France (X units), together creating a X% share of total exports. Japan (X units), South Korea (X units) and Italy (X units) followed a long way behind the leaders.

Germany experienced a relatively flat trend pattern with regard to volume of exports of ironing machines and presses. At the same time, Malaysia (+X%), Belgium (+X%), France (+X%) and China (+X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2012-2021. Italy experienced a relatively flat trend pattern. By contrast, South Korea (-X%) and Japan (-X%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Malaysia, Belgium and France increased by +X, +X and +X percentage points, respectively. South Korea (-X p.p.), Japan (-X p.p.) and Germany (-X p.p.) saw their shares reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Germany ($X) and Italy ($X) appeared to be the countries with the highest levels of exports in 2021, together accounting for X% of global exports. These countries were followed by Malaysia, France, Belgium, Japan and South Korea, which together accounted for a further X, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2021, the average ironing machine export price amounted to $X per unit, surging by X% against the previous year. Over the period under review, the export price, however, recorded a mild decrease. The pace of growth was the most pronounced in 2015 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Italy ($X per unit), while Belgium ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+X%), while the other global leaders experienced more modest paces of growth.

Ironing Machine Imports

Imports

In 2021, approx. X units of ironing machines and presses were imported worldwide; growing by X% on the previous year's figure. In general, total imports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2016 indices. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Global imports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, ironing machine imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. Global imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X units) and Nigeria (X units) represented the largest importers of ironing machines and pressesacross the globe, together creating X% of total imports. France (X units) took the next position in the ranking, followed by Indonesia (X units), Vietnam (X units) and the United States (X units). All these countries together took near X% share of total imports. The following importers - the UK (X units), Ethiopia (X units), Morocco (X units), South Korea (X units), India (X units), Japan (X units) and Cuba (X units) - together made up X% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Nigeria (with a CAGR of +X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported ironing machines and presses worldwide, comprising X% of global imports. The second position in the ranking was taken by Germany ($X), with a X% share of global imports. It was followed by Nigeria, with a X% share.

In the United States, ironing machine imports expanded at an average annual rate of +X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Germany (+X% per year) and Nigeria (+X% per year).

Import Prices by Country

The average ironing machine import price stood at $X per unit in 2021, with a decrease of -X% against the previous year. Over the period under review, the import price continues to indicate a perceptible reduction. The growth pace was the most rapid in 2015 when the average import price increased by X% against the previous year. Global import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the United States ($X per unit), while Cuba ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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