Wood Dryer Market
Wood dryer market: discover the most recent facts and figures secured by an Ai-driven market intelligence tool. Information include imports, market size, consumption, production, exports, companies, market prices, and trade. There is a split by region, including China, EU, the U.S., Africa, Russia, the Middle East, Latin America, and the U.K. Market dynamics and forecast to 2030 are also provided in the dashboards.
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Wood Dryer - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | Kuwait |
| 2 | Sweden |
| 3 | Russia |
| 4 | Austria |
| 5 | United States |
In value terms, Kuwait led the market, alone. The second position in the ranking was occupied by Sweden. It was followed by Russia.
In Kuwait, the wood dryer market increased at an average annual rate of +5.5% over the period from 2018-2020. The remaining consuming countries recorded the following average annual rates of market growth: Sweden (+16.7% per year) and Russia (+27.4% per year).
Wood Dryer Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per unit | ||||
| China | 6216 | 5885 | 5554 | -5.5% |
| Germany | 18570 | 10472 | 9181 | -29.7% |
| Italy | 27988 | 23245 | 35029 | 11.9% |
| Finland | 23234 | 53113 | 55649 | 54.8% |
| Average | 16664 | 8249 | 12085 | -14.8% |
There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Finland ($55,649 per unit), while China ($5,554 per unit) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Finland (+54.8% per year), while the other global leaders experienced mixed trends in the export price figures.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per unit | ||||
| Canada | 47043 | 54044 | 60208 | 13.1% |
| Ukraine | 34996 | 45444 | 50772 | 20.4% |
| Russia | 70505 | 62007 | 43961 | -21.0% |
| Vietnam | 20558 | 23622 | 27770 | 16.2% |
| Germany | 22017 | 8821 | 26330 | 9.4% |
| United States | 10825 | 10678 | 19010 | 32.5% |
| Malaysia | 17555 | 17830 | 16303 | -3.6% |
| Mexico | 49636 | 64212 | 15260 | -44.6% |
| Sweden | 22039 | 36343 | 8237 | -38.9% |
| Norway | 3391 | 3767 | 7997 | 53.6% |
| Ecuador | 1680 | 2292 | 1499 | -5.5% |
| Qatar | 1418 | n/a | 758 | -26.9% |
| Paraguay | 593 | 650 | 79 | -63.5% |
| Average | 19018 | 18544 | 25378 | 15.5% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Canada ($60,208 per unit), while Paraguay ($79 per unit) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Norway (+53.6% per year), while the other global leaders experienced more modest paces of growth.
Wood Dryer - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| Russia | 34 | 41 | 49 | 19.5% |
| United States | 40 | 52 | 23 | -23.6% |
| Ukraine | 8 | 13 | 22 | 64.9% |
| Canada | 7.2 | 11 | 13 | 35.5% |
| Germany | 15 | 33 | 12 | -7.7% |
In value terms, Russia ($49M) constitutes the largest market for imported dryers for wood, paper pulp, paper or paperboard worldwide, comprising 16% of global imports. The second position in the ranking was occupied by the United States ($23M), with a 7.8% share of global imports. It was followed by Ukraine, with a 7.3% share.
From 2018 to 2020, the average annual growth rate of value in Russia amounted to +19.5%. In the other countries, the average annual rates were as follows: the United States (-23.6% per year) and Ukraine (+64.9% per year).
Wood Dryer - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| China | 60 | 101 | 101 | 30.3% |
| Germany | 127 | 106 | 69 | -26.5% |
| Finland | 29 | 35 | 52 | 35.2% |
| Italy | 50 | 48 | 39 | -11.6% |
In value terms, China ($101M), Germany ($69M) and Finland ($52M) were the countries with the highest levels of exports in 2020, together comprising 58% of global exports.
Finland saw the highest growth rate of 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.
Wood Dryer - Market Forecast
Driven by rising demand for wood dryer worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Wood Dryer - Product Coverage
- HS 841932 - Dryers; for wood, paper pulp, paper or paperboard, not used for domestic purposes
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