Northern America: Non-Domestic Dryer Market 2024

Non-Domestic Dryer Market Size in Northern America

The North American non-domestic dryer market reached $X.7B in 2022, with an increase of X% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X.8B. From 2021 to 2022, the growth of the market remained at a lower figure.

Non-Domestic Dryer Production in Northern America

In value terms, non-domestic dryer production expanded slightly to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X.3B. From 2021 to 2022, production growth remained at a somewhat lower figure.

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Non-Domestic Dryer Exports

Exports in Northern America

In 2022, overseas shipments of non-domestic dryers decreased by X% to X units, falling for the fourth consecutive year after four years of growth. In general, exports, however, posted a perceptible increase. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, the exports attained the maximum at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, non-domestic dryer exports reduced rapidly to $X in 2022. Over the period under review, exports recorded a perceptible descent. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United States represented the main exporter of non-domestic dryers in Northern America, with the volume of exports accounting for X units, which was near X% of total exports in 2022. It was distantly followed by Canada (X units), generating an X% share of total exports.

Exports from the United States increased at an average annual rate of X% from 2012 to 2022. At the same time, Canada (X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of X% from 2012-2022. While the share of Canada (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the United States (X p.p.) displayed negative dynamics.

In value terms, the United States ($X) remains the largest non-domestic dryer supplier in Northern America, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with an X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States totaled X%.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2022, reducing by X% against the previous year. Overall, the export price continues to indicate a deep setback. The growth pace was the most rapid in 2020 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 Canada ($X per unit), while the United States totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%).

Non-Domestic Dryer Imports

Imports in Northern America

After two years of decline, overseas purchases of non-domestic dryers increased by X% to X units in 2022. The total import volume 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 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, non-domestic dryer imports skyrocketed to $X in 2022. Total imports indicated strong growth from 2012 to 2022: its value 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, imports increased by X% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X units) and Canada (X units) represented the key importer of non-domestic dryers in Northern America, achieving X% of total import.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of X%).

In value terms, the United States ($X) constitutes the largest market for imported non-domestic dryers in Northern America, comprising X% of total imports. The second position in the ranking was held by Canada ($X), with a X% share of total imports.

In the United States, non-domestic dryer imports increased at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in Northern America stood at $X per unit in 2022, approximately equating the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2018 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the import prices remained at a somewhat lower figure.

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 United States ($X per unit), while Canada totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%).

Source: IndexBox Platform

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