EU: Centrifugal Clothes-Dryer Market 2024

Centrifugal Clothes-Dryer Market Size in the EU

In 2023, the EU centrifugal clothes-dryer market decreased by X% to $X, falling for the second consecutive year after three years of growth. In general, consumption saw a abrupt descent. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Centrifugal Clothes-Dryer Production in the EU

In value terms, centrifugal clothes-dryer production totaled $X in 2023 estimated in export price. In general, production, however, showed a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

Centrifugal Clothes-Dryer Exports

Exports in the EU

In 2023, overseas shipments of centrifugal clothes-dryers decreased by X% to X units, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a mild contraction. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. The volume of export peaked at X units in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

In value terms, centrifugal clothes-dryer exports fell to $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. The level of export peaked at $X in 2022, and then contracted in the following year.

Exports by Country

In 2023, Germany (X units), distantly followed by Spain (X units), Poland (X units) and France (X units) were the major exporters of centrifugal clothes-dryers, together mixing up X% of total exports. Greece (X units), Romania (X units), Lithuania (X units), Italy (X units), Denmark (X units), Croatia (X units), the Netherlands (X units) and Hungary (X units) took a little share of total exports.

From 2012 to 2023, the biggest increases were recorded for Croatia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest centrifugal clothes-dryer supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by Spain ($X), with an X% share of total exports. It was followed by Italy, with an X% share.

In Germany, centrifugal clothes-dryer exports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Spain (X% per year) and Italy (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per unit in 2023, which is down by X% against the previous year. Export price indicated tangible growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, centrifugal clothes-dryer export price increased by X% against 2021 indices. The pace of growth appeared the most rapid in 2019 when the export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2020 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Italy ($X per unit), while Denmark ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other leaders experienced more modest paces of growth.

Centrifugal Clothes-Dryer Imports

Imports in the EU

In 2023, supplies from abroad of centrifugal clothes-dryers decreased by X% to X units, falling for the third consecutive year after two years of growth. Overall, imports, however, continue to indicate a modest increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. The volume of import peaked at X units in 2020; however, from 2021 to 2023, imports remained at a lower figure.

In value terms, centrifugal clothes-dryer imports declined remarkably to $X in 2023. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, imports hit record highs at $X in 2021; however, from 2022 to 2023, imports failed to regain momentum.

Imports by Country

Spain (X units) and Italy (X units) represented the largest importers of centrifugal clothes-dryers in 2023, finishing at approx. X% and X% of total imports, respectively. Portugal (X units) took an X% share (based on physical terms) of total imports, which put it in second place, followed by Poland (X%), Ireland (X%), Germany (X%), France (X%) and Romania (X%).

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Italy (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest centrifugal clothes-dryer importing markets in the European Union were Italy ($X), Spain ($X) and Germany ($X), together comprising X% of total imports.

Among the main importing countries, Italy, with a CAGR of X%, saw the highest rates of growth with regard to 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

The import price in the European Union stood at $X per unit in 2023, falling by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2022 to 2023, the import prices failed to regain momentum.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform