Italy: Electric Hand-Dryer Market 2024

Electric Hand-Dryer Market Size in Italy

The Italian electric hand-dryer market was finally on the rise to reach $X in 2022, after three years of decline. In general, consumption, however, continues to indicate a slight contraction. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Electric Hand-Dryer Production in Italy

In value terms, electric hand-dryer production reduced to $X in 2022 estimated in export price. Overall, production showed a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Electric Hand-Dryer Exports

Exports from Italy

In 2022, the amount of electric hand-drying apparatus exported from Italy fell sharply to X units, reducing by X% compared with 2021 figures. In general, exports continue to indicate a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by X%. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, electric hand-dryer exports contracted markedly to $X in 2022. Overall, exports saw a abrupt decrease. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Czech Republic (X units), France (X units) and Spain (X units) were the main destinations of electric hand-dryer exports from Italy, with a combined X% share of total exports. Ethiopia, Egypt, the Netherlands, Croatia, Germany, the UK, Serbia, Israel, Switzerland and Romania lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for electric hand-dryer exported from Italy were France ($X), the Czech Republic ($X) and Switzerland ($X), together accounting for X% of total exports. Germany, the Netherlands, the UK, Croatia, Egypt, Serbia, Israel, Romania, Spain and Ethiopia lagged somewhat behind, together accounting for a further X%.

Ethiopia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among 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 2022, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Hand-Dryer Imports

Imports into Italy

In 2022, overseas purchases of electric hand-drying apparatus decreased by X% to X units, falling for the fourth year in a row after three years of growth. Over the period under review, imports recorded a deep setback. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, electric hand-dryer imports rose markedly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest electric hand-dryer supplier to Italy, with a X% share of total imports. Moreover, electric hand-dryer imports from China exceeded the figures recorded by the second-largest supplier, Spain (X units), fivefold. Japan (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Japan (X% per year).

In value terms, China ($X) constituted the largest supplier of electric hand-drying apparatus to Italy, comprising X% of total imports. The second position in the ranking was held by Spain ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Japan (X% per year).

Import Prices by Country

In 2022, the average electric hand-dryer import price amounted to $X per unit, picking up by X% against the previous year. Overall, the import price continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per unit), while the price for Belgium ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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