World - Prepared Driers - Market Analysis, Forecast, Size, Trends And Insights
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The article provides a comprehensive overview of the global market trends for prepared drier consumption, production, imports, and exports from 2012 to 2022. It highlights the key countries with the highest volumes and values in each category and the growth rates observed over the period. The anticipated growth in market value and volume up to 2030 is also discussed, with forecasted CAGR figures. The data presents a detailed analysis of the market dynamics and patterns observed in the prepared drier industry, offering insights for stakeholders and decision-makers.
Market Forecast
Driven by rising demand for prepared drier worldwide, the market is expected to start an upward consumption trend over the next eight-year period. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +0.8% for the period from 2022 to 2030, which is projected to bring the market volume to 182K tons by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +3.5% for the period from 2022 to 2030, which is projected to bring the market value to $1.4B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Prepared Driers
In 2022, consumption of prepared driers decreased by -2.8% to 171K tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption saw a slight contraction. The pace of growth was the most pronounced in 2021 when the consumption volume increased by 1.2% against the previous year. Global consumption peaked at 207K tons in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.
The global prepared drier market value reduced slightly to $1.1B in 2022, which is down by -3.1% against 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). Overall, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $1.2B. From 2019 to 2022, the growth of the global market remained at a somewhat lower figure.
Consumption By Country
The countries with the highest volumes of consumption in 2022 were China (38K tons), the United States (25K tons) and India (17K tons), together accounting for 46% of global consumption. Turkey, Japan, Indonesia, Brazil, Thailand, Spain and France lagged somewhat behind, together comprising a further 24%.
From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +14.0%), while consumption for the other global leaders experienced more modest paces of growth.
In value terms, the largest prepared drier markets worldwide were Turkey ($253M), the United States ($239M) and China ($144M), with a combined 59% share of the global market.
Among the main consuming countries, Turkey, with a CAGR of +15.5%, saw the highest rates of growth with regard to market size over the period under review, while market for the other global leaders experienced more modest paces of growth.
The countries with the highest levels of prepared drier per capita consumption in 2022 were Turkey (106 kg per 1000 persons), Spain (76 kg per 1000 persons) and the United States (73 kg per 1000 persons).
From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +12.4%), while consumption for the other global leaders experienced more modest paces of growth.
Production
World Production of Prepared Driers
After two years of growth, production of prepared driers decreased by -0.8% to 173K tons in 2022. Overall, production saw a mild decrease. The most prominent rate of growth was recorded in 2021 with an increase of 0.8% against the previous year. Over the period under review, global production attained the maximum volume at 202K tons in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.
In value terms, prepared drier production reduced to $1.1B in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 34% against the previous year. Over the period under review, global production hit record highs at $1.7B in 2019; however, from 2020 to 2022, production failed to regain momentum.
Production By Country
The countries with the highest volumes of production in 2022 were China (40K tons), the United States (23K tons) and India (21K tons), with a combined 48% share of global production. Turkey, Japan, Thailand, Spain, Brazil, Belgium, Indonesia, France, South Korea and the United Arab Emirates lagged somewhat behind, together accounting for a further 35%.
From 2012 to 2022, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Turkey (with a CAGR of +9.8%), while production for the other global leaders experienced more modest paces of growth.
Imports
World Imports of Prepared Driers
After three years of growth, supplies from abroad of prepared driers decreased by -22.1% to 41K tons in 2022. In general, imports saw a mild slump. The pace of growth appeared the most rapid in 2021 with an increase of 8.9%. Global imports peaked at 53K tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.
In value terms, prepared drier imports shrank to $238M in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. As a result, imports attained the peak of $261M, and then reduced in the following year.
Imports By Country
The countries with the highest levels of prepared drier imports in 2022 were the United States (2.9K tons), the Netherlands (2.9K tons), Germany (2.8K tons) and China (2.7K tons), together accounting for 28% of total import. The following importers - Indonesia (1.7K tons), France (1.3K tons), Bangladesh (1.1K tons), Spain (1K tons), the UK (1K tons), Poland (0.9K tons), Russia (0.9K tons), Malaysia (0.9K tons) and Vietnam (0.8K tons) - together made up 24% of total imports.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Spain (with a CAGR of +6.5%), while imports for the other global leaders experienced more modest paces of growth.
In value terms, the largest prepared drier importing markets worldwide were China ($27M), the United States ($17M) and Germany ($17M), with a combined 26% share of global imports. The Netherlands, France, Indonesia, the UK, Spain, Russia, Malaysia, Poland, Vietnam and Bangladesh lagged somewhat behind, together accounting for a further 28%.
Among the main importing countries, Spain, with a CAGR of +10.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Import Prices By Country
The average prepared drier import price stood at $5,882 per ton in 2022, increasing by 17% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($9,943 per ton), while Bangladesh ($3,302 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+3.9%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Prepared Driers
Global prepared drier exports declined remarkably to 43K tons in 2022, dropping by -15.8% against 2021 figures. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by 11% against the previous year. The global exports peaked at 51K tons in 2021, and then reduced notably in the following year.
In value terms, prepared drier exports stood at $251M in 2022. The total export value increased at an average annual rate of +1.9% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. Over the period under review, the global exports hit record highs in 2022 and are expected to retain growth in the near future.
Exports By Country
The biggest shipments were from China (4.9K tons), India (4.4K tons), Belgium (4.1K tons), Spain (3.8K tons), Turkey (3.7K tons), Thailand (3.3K tons), the UK (2.7K tons), Egypt (2.1K tons), the United Arab Emirates (2.1K tons), France (1.6K tons), Colombia (1.3K tons) and the Netherlands (1.2K tons), together amounting to 82% of total export.
From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Egypt (with a CAGR of +133.6%), while the other global leaders experienced more modest paces of growth.
In value terms, Belgium ($26M), China ($21M) and Spain ($21M) appeared to be the countries with the highest levels of exports in 2022, together comprising 27% of global exports. Thailand, Turkey, India, France, the UK, Egypt, the United Arab Emirates, the Netherlands and Colombia lagged somewhat behind, together comprising a further 48%.
Among the main exporting countries, Egypt, with a CAGR of +140.2%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Export Prices By Country
In 2022, the average prepared drier export price amounted to $5,878 per ton, increasing by 20% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was France ($9,048 per ton), while India ($4,186 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+6.7%), while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global prepared drier market. 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 20302220 - Prepared driers
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- 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
- CONSUMPTION BY COUNTRY
- 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. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 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
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 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, 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, 2012–2023
This report provides an in-depth analysis of the global prepared drier market.
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