Europe: Non-Domestic Dryer Market 2024

Non-Domestic Dryer Market Size in Europe

In 2022, the Europe non-domestic dryer market decreased by X% to $X.1B, falling for the third consecutive year after four years of growth. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X.6B in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Non-Domestic Dryer Production in Europe

In value terms, non-domestic dryer production declined modestly to $X.4B in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. The level of production peaked at $X.2B in 2019; however, from 2020 to 2022, production failed to regain momentum.

Non-Domestic Dryer Exports

Exports in Europe

In 2022, the amount of non-domestic dryers exported in Europe reached X units, standing approx. at the year before. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, non-domestic dryer exports contracted to $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Italy (X units) and Germany (X units) represented the major exporters of non-domestic dryers in 2022, finishing at near X% and X% of total exports, respectively. It was distantly followed by the Netherlands (X units), Belgium (X units) and the UK (X units), together constituting a X% share of total exports. The following exporters - the Czech Republic (X units), Denmark (X units), France (X units), Spain (X units), Finland (X units), Austria (X units) and Sweden (X units) - together made up X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by France (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for X% of total exports. Denmark, Belgium, the UK, the Czech Republic, Sweden, France, Spain, Austria and Finland lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, the Czech Republic, with a CAGR of X%, saw the highest growth rate of the value of exports, 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 Europe stood at $X per unit in 2022, which is down by X% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The level of export peaked at $X per unit in 2021, and then reduced in the following year.

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 Sweden ($X per unit), while Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other leaders experienced more modest paces of growth.

Non-Domestic Dryer Imports

Imports in Europe

In 2022, the amount of non-domestic dryers imported in Europe rose sharply to X units, picking up by X% compared with 2021. Overall, imports recorded buoyant growth. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, non-domestic dryer imports shrank to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then fell in the following year.

Imports by Country

Russia was the main importing country with an import of about X units, which recorded X% of total imports. Germany (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by France (X%) and Poland (X%). Belgium (X units), the UK (X units), Norway (X units), Italy (X units), Switzerland (X units), Spain (X units), Finland (X units) and Hungary (X units) held a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to non-domestic dryer imports into Russia stood at X%. At the same time, Hungary (X%), Poland (X%), Norway (X%), Italy (X%), the UK (X%), France (X%), Finland (X%), Spain (X%), Switzerland (X%), Belgium (X%) and Germany (X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer imported in Europe, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Poland, Russia, Norway and France increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest non-domestic dryer importing markets in Europe were Germany ($X), Russia ($X) and Poland ($X), with a combined X% share of total imports. Italy, France, Belgium, the UK, Spain, Hungary, Switzerland, Norway and Finland lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Italy, with a CAGR of X%, recorded the highest growth rate of 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 import price in Europe amounted to $X per unit, falling by X% against the previous year. In general, the import price saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2019 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a 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 Italy ($X per unit), while Russia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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