Luxembourg: Electric Hand-Dryer Market 2024

Electric Hand-Dryer Market Size in Luxembourg

In 2022, the Luxembourg electric hand-dryer market decreased by X% to $X, falling for the third consecutive year after two years of growth. Over the period under review, consumption saw a noticeable reduction. Electric hand-dryer consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Electric Hand-Dryer Exports

Exports from Luxembourg

In 2022, overseas shipments of electric hand-drying apparatus were finally on the rise to reach X units after three years of decline. In general, exports, however, saw a pronounced downturn. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, electric hand-dryer exports shrank to $X in 2022. Overall, exports, however, saw a noticeable curtailment. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X units) was the main destination for electric hand-dryer exports from Luxembourg, accounting for a X% share of total exports. Moreover, electric hand-dryer exports to Belgium exceeded the volume sent to the second major destination, Cameroon (X units), twofold. Poland (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Belgium stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cameroon (X% per year) and Poland (X% per year).

In value terms, Belgium ($X) emerged as the key foreign market for electric hand-drying apparatus exports from Luxembourg, comprising X% of total exports. The second position in the ranking was held by Cameroon ($X), with a X% share of total exports. It was followed by Norway, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Belgium stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cameroon (X% per year) and Norway (X% per year).

Export Prices by Country

The average electric hand-dryer export price stood at $X per unit in 2022, falling by X% against the previous year. Over the period under review, the export price continues to indicate a slight decrease. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per unit), while the average price for exports to Germany ($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 Belgium (X%), while the prices for the other major destinations experienced a decline.

Electric Hand-Dryer Imports

Imports into Luxembourg

In 2022, imports of electric hand-drying apparatus into Luxembourg reduced to X units, with a decrease of X% compared with 2021 figures. In general, imports, however, posted tangible growth. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, electric hand-dryer imports contracted remarkably to $X in 2022. Over the period under review, imports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2013 when imports increased by X%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Germany (X units), Belgium (X units) and the Netherlands (X units) were the main suppliers of electric hand-dryer imports to Luxembourg, together accounting for X% of total imports. France, Italy and China lagged somewhat behind, together comprising a further X%.

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

In value terms, Germany ($X), Belgium ($X) and the Netherlands ($X) appeared to be the largest electric hand-dryer suppliers to Luxembourg, with a combined X% share of total imports. France, Italy and China lagged somewhat behind, together comprising a further X%.

Among the main suppliers, 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

In 2022, the average electric hand-dryer import price amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the import price recorded a deep slump. The pace of growth was the most pronounced in 2015 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Italy ($X per unit) and France ($X per unit), while the price for China ($X per unit) and Germany ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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