EU: Electric Hand-Dryer Market 2024

Electric Hand-Dryer Market Size in the EU

In 2022, after three years of decline, there was significant growth in the EU electric hand-dryer market, when its value increased by X% to $X. In general, consumption, however, showed a pronounced curtailment. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Electric Hand-Dryer Production in the EU

In value terms, electric hand-dryer production rose slightly to $X in 2022 estimated in export price. Over the period under review, production showed a mild setback. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

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Electric Hand-Dryer Exports

Exports in the EU

In 2022, overseas shipments of electric hand-drying apparatus decreased by X% to X units, falling for the third year in a row after two years of growth. In general, exports saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The volume of export peaked at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, electric hand-dryer exports contracted dramatically to $X in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Spain was the major exporter of electric hand-drying apparatus in the European Union, with the volume of exports finishing at X units, which was approx. X% of total exports in 2022. Germany (X units) ranks second in terms of the total exports with a X% share, followed by France (X%), Belgium (X%), Italy (X%) and Poland (X%). The following exporters - the Netherlands (X units), Denmark (X units), Greece (X units), Austria (X units), Ireland (X units) and Sweden (X units) - together made up X% of total exports.

Exports from Spain decreased at an average annual rate of X% from 2012 to 2022. At the same time, Ireland (X%), Greece (X%), the Netherlands (X%), Belgium (X%) and Sweden (X%) displayed positive paces of growth. Moreover, Ireland emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. Poland experienced a relatively flat trend pattern. By contrast, France (X%), Denmark (X%), Germany (X%), Italy (X%) and Austria (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Belgium, the Netherlands, Greece, Ireland and Poland increased by X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest electric hand-dryer supplying countries in the European Union were Spain ($X), Germany ($X) and France ($X), with a combined X% share of total exports. Denmark, Italy, Poland, Belgium, the Netherlands, Austria, Sweden, Ireland and Greece lagged somewhat behind, together comprising a further X%.

Ireland, 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 leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per unit, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2016 an increase of X%. Over the period under review, the export prices attained the maximum in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per unit), while Greece ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (X%), while the other leaders experienced more modest paces of growth.

Electric Hand-Dryer Imports

Imports in the EU

For the fourth consecutive year, the European Union recorded decline in supplies from abroad of electric hand-drying apparatus, which decreased by X% to X units in 2022. Overall, imports recorded a pronounced slump. The growth pace was the most rapid in 2014 with an increase of X%. The volume of import peaked at X units in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, electric hand-dryer imports reached $X in 2022. Over the period under review, imports showed a mild descent. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Spain (X units), Italy (X units), Germany (X units), France (X units), Poland (X units), Hungary (X units), Ireland (X units), Belgium (X units), Romania (X units), Sweden (X units), the Czech Republic (X units) and Greece (X units) was the main importer of electric hand-drying apparatus in the European Union, achieving X% of total import.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Italy ($X) and Spain ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Germany, Poland, Ireland, the Czech Republic, Belgium, Romania, Hungary, Sweden and Greece lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Greece, with a CAGR of X%, recorded 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 2022, growing by X% against the previous year. Import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electric hand-dryer import price increased by X% against 2016 indices. The growth pace was the most rapid in 2020 an increase of X% against the previous year. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while Hungary ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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