Report Update: Apr 1, 2024

Turkey - Household Washing and Drying Machines - Market Analysis, Forecast, Size, Trends and Insights

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Price for Washing and Drying Machine in Turkey - 2023

Price for Washing and Drying Machine in Turkey (FOB) - 2023

In July 2023, the average washing and drying machine export price amounted to $208 per unit, approximately equating the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2022 an increase of 7.2% month-to-month. Over the period under review, the average export prices hit record highs at $230 per unit in January 2023; however, from February 2023 to July 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Sweden ($263 per unit), while the average price for exports to Morocco ($148 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Washing and Drying Machine in Turkey (CIF) - 2023

The average washing and drying machine import price stood at $353 per unit in July 2023, reducing by -3.5% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in September 2022 an increase of 12% m-o-m. Over the period under review, average import prices hit record highs at $424 per unit in March 2023; however, from April 2023 to July 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($501 per unit), while the price for Italy ($235 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Poland (+0.9%), while the prices for the other major suppliers experienced a decline.

Exports of Washing and Drying Machine in Turkey

In 2022, approx. 6.7M units of household washing and drying machines were exported from Turkey; shrinking by -17.6% on 2021. In general, exports recorded a perceptible descent. The pace of growth appeared the most rapid in 2021 when exports increased by 23% against the previous year. As a result, the exports reached the peak of 8.2M units, and then shrank sharply in the following year.

In value terms, washing and drying machine exports declined to $1.4B in 2022. Overall, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 13% against the previous year. As a result, the exports reached the peak of $1.6B, and then declined in the following year.

Export of Washing and Drying Machine in Turkey (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Kingdom	253	281	333	268	1.9%
Germany	150	170	195	157	1.5%
France	145	148	164	132	-3.1%
Italy	138	129	130	106	-8.4%
Spain	104	93.5	95.5	79.2	-8.7%
Sweden	52.2	52.0	55.6	44.8	-5.0%
Poland	47.5	41.5	36.6	36.2	-8.7%
Israel	32.5	31.5	36.9	29.7	-3.0%
Romania	37.2	25.9	32.1	29.2	-7.8%
Belgium	26.5	30.4	32.6	26.2	-0.4%
Others	414	378	454	484	5.3%
Total	1,401	1,381	1,565	1,391	-0.2%

Top Export Markets for Washing and Drying Machine from Turkey in 2022:

United Kingdom (87.0M units)
France (43.9M units)
Germany (43.3M units)
Italy (36.4M units)
Spain (30.5M units)
Sweden (12.9M units)
Poland (10.6M units)
Romania (9.5M units)
Israel (9.5M units)
Belgium (6.6M units)

Imports of Washing and Drying Machine in Turkey

In 2022, the amount of household washing and drying machines imported into Turkey surged to 297K units, increasing by 24% on the year before. The total import volume increased at an average annual rate of +4.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Imports peaked at 311K units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, washing and drying machine imports skyrocketed to $103M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.2% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Washing and Drying Machine in Turkey (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	37.0	41.9	39.1	33.4	-3.4%
China	16.0	18.9	10.1	12.3	-8.4%
Germany	10.9	19.5	13.0	11.6	2.1%
Italy	1.3	1.3	1.8	1.5	4.9%
United Arab Emirates	1.9	0.7	1.3	1.1	-16.7%
Others	2.4	3.3	5.4	42.8	161.3%
Total	69.4	85.5	70.7	103	14.1%

Top Suppliers of Washing and Drying Machine to Turkey in 2022:

Poland (6.9M units)
China (3.1M units)
Germany (1.6M units)
Italy (0.3M units)
United Arab Emirates (0.3M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for washing and drying machine in Turkey. 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 27511300 - Cloth washing and drying machines, of the household type

Country coverage:

Turkey

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Turkey
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023