U.S. - Electric Hand-Drying Apparatus - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectric Hand-Dryer Price in the United States - 2023
Contents:
- Electric Hand-Dryer Price in the United States (CIF) - 2023
- Electric Hand-Dryer Price in the United States (FOB) - 2023
- Electric Hand-Dryer Imports in the United States
- Electric Hand-Dryer Exports in the United States
Electric Hand-Dryer Price in the United States (CIF) - 2023
The average electric hand-dryer import price stood at $24.9 per unit in September 2023, shrinking by -42.9% against the previous month. Over the period under review, the import price recorded a abrupt downturn. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 240% against the previous month. The import price peaked at $122 per unit in February 2023; however, from March 2023 to September 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Spain ($191 per unit), while the price for China ($18.3 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Canada (+43.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Electric Hand-Dryer Price in the United States (FOB) - 2023
In September 2023, the average electric hand-dryer export price amounted to $198 per unit, stabilizing at the previous month. Overall, the export price, however, showed a mild increase. The most prominent rate of growth was recorded in November 2022 an increase of 19% against the previous month. As a result, the export price reached the peak level of $229 per unit. From December 2022 to September 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Mexico ($228 per unit), while the average price for exports to the Netherlands ($134 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.
Electric Hand-Dryer Imports in the United States
For the third consecutive year, the United States recorded decline in supplies from abroad of electric hand-drying apparatus, which decreased by -15.8% to 183K units in 2022. Over the period under review, imports saw a abrupt decline. The smallest decline of -5.1% was in 2021. Imports peaked at 251K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, electric hand-dryer imports skyrocketed to $8.9M in 2022. Overall, imports saw a abrupt shrinkage. Imports peaked at $12M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Electric Hand-Dryer in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 7.9 | 4.8 | 4.8 | 6.1 | -8.3% |
Taiwan (Chinese) | 2.4 | 2.2 | 1.0 | 1.4 | -16.4% |
Spain | 1.2 | 0.9 | 0.9 | 1.1 | -2.9% |
Others | 0.4 | 0.3 | 0.7 | 0.3 | -9.1% |
Total | 12.0 | 8.1 | 7.4 | 8.9 | -9.5% |
Top Suppliers of Electric Hand-Dryer to the United States in 2022:
- China (132.0K units)
- Taiwan (Chinese) (38.9K units)
- Spain (7.6K units)
Electric Hand-Dryer Exports in the United States
After two years of decline, overseas shipments of electric hand-drying apparatus increased by 32% to 41K units in 2022. Overall, exports, however, showed a abrupt descent. The exports peaked at 51K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, electric hand-dryer exports skyrocketed to $8.1M in 2022. In general, exports, however, continue to indicate a abrupt shrinkage. Over the period under review, the exports hit record highs at $10M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Electric Hand-Dryer in the United States (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 4,339 | 2,699 | 3,165 | 3,513 | -6.8% |
Mexico | 1,949 | 1,469 | 950 | 1,617 | -6.0% |
United Kingdom | 653 | 422 | 459 | 796 | 6.8% |
Costa Rica | 231 | 341 | 214 | 246 | 2.1% |
Australia | 296 | 196 | 194 | 192 | -13.4% |
Nicaragua | 90.6 | 77.6 | 107 | 174 | 24.3% |
Turkey | 51.2 | 31.8 | 63.7 | 117 | 31.7% |
Peru | 286 | 45.1 | 71.1 | 90.6 | -31.8% |
Others | 2,528 | 1,499 | 1,357 | 1,383 | -18.2% |
Total | 10,424 | 6,781 | 6,578 | 8,128 | -8.0% |
Top Export Markets for Electric Hand-Dryer from the United States in 2022:
- Canada (17.7K units)
- Mexico (7.3K units)
- United Kingdom (4.1K units)
- Costa Rica (1.5K units)
- Australia (1.3K units)
- Nicaragua (1.3K units)
- Turkey (0.7K units)
- Peru (0.5K units)
This report provides an in-depth analysis of the electric hand-dryer market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27512350 - Electric hand-drying apparatus
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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During the review period, Electric Hair Dryer imports reached a peak of 2.3M units in May 2023, but from June to December 2023, the number of imports decreased. In terms of value, Electric Hair Dryer imports dropped significantly to $21M in December 2023.
In April 2023, the electric hair dryer price amounted to $15.2 per unit (CIF, US), declining by -5.9% against the previous month.
In February 2023, the price of a microwave oven was $75.9 (CIF, US) - an 11% increase compared to the previous month.
In August 2022, the microwave oven price stood at $85 per unit (CIF, US), with a decrease of -7% against the previous month.
Despite global logistical tensions amid the sharp container shortage, the U.S. continues to boosts microwave oven imports. Last year, American purchases spiked by +16.3% to $1.6B, reaching the highest level ever. In the first seven months of 2021, American imports reached 12.9M units, exceeding last year’s 12.1M units over the same period. China dominates American imports, supplying 95% of the total volume. In 2020, Chinese shipments to the U.S. jumped by +29% y-o-y to 22M units, while Malaysia saw a 19%-decline in supplies. Chinese microwave ovens thus drive out Malaysian products from the American market.