Turkey - Household Washing and Drying Machines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingExport of Washing and Drying Machines From Turkey Sees Significant Drop to $143M in December 2023
Turkey Washing and Drying Machine Exports
In December 2023, the amount of household washing and drying machines exported from Turkey expanded remarkably to 701K units, increasing by 15% on the previous month's figure. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 when exports increased by 25% m-o-m. Over the period under review, the exports hit record highs in December 2023.
In value terms, washing and drying machine exports reduced to $143M (IndexBox estimates) in December 2023. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 when exports increased by 37% against the previous month. Over the period under review, the exports attained the peak figure at 161M units in October 2023; however, from November 2023 to December 2023, the exports failed to regain momentum.
| COUNTRY | Export Value of Washing and Drying Machine in Turkey (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | Oct 2023 | Nov 2023 | Dec 2023 | |
| United Kingdom | 17.1 | 15.2 | 19.9 | 23.9 | 19.2 | 19.0 | 18.2 | 23.3 | 23.7 | 27.5 | 36.4 | 29.9 | 24.5 |
| Germany | 17.3 | 14.1 | 13.6 | 10.9 | 14.8 | 14.1 | 15.3 | 9.2 | 19.7 | 18.8 | 20.1 | 19.2 | 20.0 |
| Spain | 7.8 | 5.9 | 9.1 | 10.5 | 7.7 | 9.3 | 7.0 | 4.4 | 10.1 | 9.4 | 9.7 | 11.0 | 12.7 |
| France | 13.6 | 14.7 | 11.8 | 10.5 | 12.3 | 8.3 | 7.9 | 9.6 | 13.3 | 11.9 | 13.7 | 12.1 | 10.5 |
| Italy | 10.8 | 10.1 | 7.2 | 8.4 | 4.8 | 8.2 | 7.1 | 8.4 | 10.6 | 10.6 | 13.3 | 11.5 | 8.1 |
| Sweden | 3.7 | 6.2 | 3.5 | 5.4 | 3.7 | 3.3 | 4.5 | 4.3 | 3.7 | 5.5 | 4.1 | 3.9 | 4.5 |
| Russia | 4.9 | 6.4 | 10.1 | 6.6 | 4.7 | 5.5 | 3.5 | 2.6 | 1.3 | 1.4 | 3.3 | 3.5 | 4.2 |
| Others | 56.8 | 39.7 | 48.3 | 56.8 | 39.1 | 44.5 | 40.2 | 38.8 | 55.1 | 54.8 | 60.0 | 63.4 | 59.0 |
| Total | 132 | 112 | 123 | 133 | 106 | 112 | 104 | 101 | 137 | 140 | 161 | 154 | 143 |
Exports by Country
The UK (119K units), Germany (92K units) and Spain (63K units) were the main destinations of washing and drying machine exports from Turkey, together accounting for 39% of total exports.
From December 2022 to December 2023, the biggest increases were in Spain (with a CAGR of +2.6%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the largest markets for washing and drying machine exported from Turkey were the UK ($25M), Germany ($20M) and Spain ($13M), together accounting for 40% of total exports.
Spain, with a CAGR of +4.2%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Exports by Type
Washing machines; household or laundry-type, fully-automatic, (of a dry linen capacity not exceeding 10kg) (483K units) was the largest type of washing and drying machine exported from Turkey, accounting for a 69% share of total exports. Moreover, washing machines; household or laundry-type, fully-automatic, (of a dry linen capacity not exceeding 10kg) exceeded the volume of the second product type, drying machines; of a dry linen capacity not exceeding 10kg (211K units), twofold. The third position in this ranking was held by washing machines; household or laundry-type, with built-in centrifugal drier, (not fully-automatic), of a dry linen capacity not exceeding 10kg (6.6K units), with a 0.9% share.
From December 2022 to December 2023, the average monthly rate of growth in terms of the volume of export of washing machines; household or laundry-type, fully-automatic, (of a dry linen capacity not exceeding 10kg) was relatively modest. With regard to the other exported products, the following average monthly rates of growth were recorded: drying machines; of a dry linen capacity not exceeding 10kg (+0.4% per month) and washing machines; household or laundry-type, with built-in centrifugal drier, (not fully-automatic), of a dry linen capacity not exceeding 10kg (+5.6% per month).
In value terms, washing machines; household or laundry-type, fully-automatic, (of a dry linen capacity not exceeding 10kg) ($89M), drying machines; of a dry linen capacity not exceeding 10kg ($53M) and washing machines; household or laundry-type, with built-in centrifugal drier, (not fully-automatic), of a dry linen capacity not exceeding 10kg ($1.8M) appeared to be the most exported types of household washing and drying machines from Turkey worldwide, together comprising 100% of total exports.
In terms of the main product categories, washing machines; household or laundry-type, with built-in centrifugal drier, (not fully-automatic), of a dry linen capacity not exceeding 10kg, with a CAGR of +5.8%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other products experienced more modest paces of growth.
Export Prices by Country
In December 2023, the washing and drying machine price stood at $205 per unit (FOB, Turkey), reducing by -19.2% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 an increase of 31% m-o-m. Over the period under review, the average export prices attained the maximum at $255 per unit in September 2023; however, from October 2023 to December 2023, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In December 2023, the highest price was recorded for prices to Sweden ($238 per unit) and Russia ($234 per unit), while the average price for exports to Libya ($167 per unit) and Portugal ($175 per unit) were amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.
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.
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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
