Puerto Rico: Centrifugal Clothes-Dryer Market 2024

Centrifugal Clothes-Dryer Market Size in Puerto Rico

The Puerto Rican centrifugal clothes-dryer market stood at less than $X in 2021, approximately mirroring the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a relatively flat trend pattern.

Centrifugal Clothes-Dryer Exports

Exports from Puerto Rico

Centrifugal clothes-dryer exports from Puerto Rico was estimated at less than X units in 2021, remaining stable against the previous year's figure. Over the period under review, exports saw a relatively flat trend pattern.

In value terms, centrifugal clothes-dryer exports totaled less than $X in 2021. Overall, exports showed a relatively flat trend pattern.

Exports by Country

In 2021, China (X units) was the largest exporter of centrifugal clothes-dryers, comprising 29% of total exports. It was distantly followed by Brazil (X units), Germany (X units), the UK (X units), the Netherlands (X units) and Argentina (X units), together committing a 37% share of total exports. The following exporters - Spain (X units), Poland (X units), Turkey (X units), Russia (X units), Romania (X units), Denmark (X units) and Japan (X units) - together made up 20% of total exports.

Exports from China decreased at an average annual rate of -8.8% from 2012 to 2021. At the same time, Romania (+59.3%), Japan (+40.7%), the Netherlands (+36.3%), Poland (+24.8%), the UK (+15.7%), Russia (+10.3%), Spain (+10.1%), Brazil (+8.6%) and Germany (+4.5%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in the world, with a CAGR of +59.3% from 2012-2021. Denmark experienced a relatively flat trend pattern. By contrast, Argentina (-8.9%) and Turkey (-36.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China, Brazil, the UK, the Netherlands, Germany, Poland, Spain, Argentina, Russia, Romania and Japan increased by +13, +7.8, +6.8, +6.6, +6.2, +3.6, +3.5, +3, +2.7, +2.6 and +1.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest centrifugal clothes-dryer supplying countries from Puerto Rico were Germany ($X), China ($X) and Brazil ($X), with a combined 45% share of total exports. These countries were followed by Argentina, Spain, the UK, the Netherlands, Turkey, Romania, Poland, Denmark, Russia and Japan, which together accounted for a further 23%.

Romania, with a CAGR of +54.2%, 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

The export price in Puerto Rico stood at less than $X per thousand units in 2021, approximately mirroring the previous year. In general, the export price showed a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per thousand units), while Russia ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+2.5%), while the other leaders experienced more modest paces of growth.

Centrifugal Clothes-Dryer Imports

Imports into Puerto Rico

In 2021, approx. less than X units of centrifugal clothes-dryers were imported into Puerto Rico; approximately reflecting the year before. Over the period under review, imports saw a relatively flat trend pattern.

In value terms, centrifugal clothes-dryer imports amounted to less than $X in 2021. In general, imports recorded a relatively flat trend pattern.

Imports by Country

Nigeria (X units) and South Africa (X units) prevails in imports structure, together creating 77% of total imports. Belgium (X units), Spain (X units), Romania (X units), the Netherlands (X units) and the UK (X units) took a little share of total imports.

From 2012 to 2021, centrifugal clothes-dryer imports into expanded with a Nigeria of +79.8%, while South Africa (-23.4%) experienced a significant contraction unchanged over the same period. At the same time, Romania (+34.9%), Belgium (+34.7%), Spain (+12.6%) and the Netherlands (+7.2%) displayed positive paces of growth. By contrast, the UK (-26.5%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Nigeria, Belgium and Romania increased by +75, +2.7 and +1.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported centrifugal clothes-dryers into Puerto Rico, comprising 42% of global imports. The second position in the ranking was taken by Belgium ($X), with a 9.1% share of global imports. It was followed by the Netherlands, with a 5.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Nigeria totaled +76.8%. The remaining importing countries recorded the following average annual rates of imports growth: Belgium (+37.3% per year) and the Netherlands (+12.7% per year).

Import Prices by Country

In 2021, the import price in Puerto Rico amounted to less than $X per thousand units, leveling off at the previous year. Overall, the import price showed a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the UK ($X per thousand units), while Nigeria ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+36.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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