U.S. - Household Washing and Drying Machines - Market Analysis, Forecast, Size, Trends and Insights
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U.S. - Household Washing and Drying Machines - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Sep 30, 2022

Washing and Drying Machine Price in America Shrinks 5% to $278 per Unit

U.S. Washing and Drying Machine Import Price July 2022

In July 2022, the average washing and drying machine price amounted to $278 per unit, shrinking by -5.1% against the previous month. Over the last six months, it increased at an average monthly rate of +2.2%. The most prominent rate of growth was recorded in June 2022 when the average import price increased by 12% against the previous month. As a result, import price attained the peak level of $293 per unit, and then dropped in the following month.

There were significant differences in the average prices amongst the major supplying countries. In July 2022, the country with the highest price was the Czech Republic ($676 per unit), while the price for Malaysia ($11 per unit) was amongst the lowest.

From January 2022 to July 2022, the most notable rate of growth in terms of prices was attained by Mexico (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.

U.S. Washing and Drying Machine Import Prices by Type

Prices varied noticeably by the product type; the product with the highest price was washing machines; household or laundry-type, fully-automatic, (of a dry linen capacity not exceeding 10kg) ($380 per unit), while the price for washing machines; household or laundry-type, not fully-automatic, without built-in centrifugal drier, of a dry linen capacity not exceeding 10kg ($47 per unit) was amongst the lowest.

From January 2022 to July 2022, the most notable rate of growth in terms of prices was attained by washing machines; household or laundry-type, not fully-automatic, without built-in centrifugal drier, of a dry linen capacity not exceeding 10kg (+15.9%), while the prices for the other products experienced more modest paces of growth.

U.S. Washing and Drying Machine Imports

Washing and drying machine imports into the United States dropped significantly to 176K units in July 2022, which is down by -22.7% compared with the month before. Overall, imports continue to indicate a pronounced descent. The most prominent rate of growth was recorded in March 2022 when imports increased by 33% against the previous month. As a result, imports reached the peak of 288K units. From April 2022 to July 2022, the growth of imports remained at a somewhat lower figure.

In value terms, washing and drying machine imports contracted significantly to $49M (IndexBox estimates) in July 2022. Over the period under review, imports continue to indicate a perceptible contraction. The growth pace was the most rapid in March 2022 with an increase of 43% month-to-month. As a result, imports attained the peak of $83M. From April 2022 to July 2022, the growth of imports failed to regain momentum.

U.S. Washing and Drying Machine Imports by Type

Drying machines; of a dry linen capacity not exceeding 10kg (86K units), washing machines; household or laundry-type, fully-automatic, (of a dry linen capacity not exceeding 10kg) (63K units) and washing machines; household or laundry-type, not fully-automatic, without built-in centrifugal drier, of a dry linen capacity not exceeding 10kg (25K units) were the main products of washing and drying machine imports to the United States, together comprising 99% of total imports. Washing machines; household or laundry-type, with built-in centrifugal drier, (not fully-automatic), of a dry linen capacity not exceeding 10kg lagged somewhat behind, accounting for a further 1.1%.

From January 2022 to July 2022, the most notable rate of growth in terms of purchases, amongst the major product types, was attained by 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 +1.7%), while imports for the other products experienced a decline.

In value terms, the most traded types of household washing and drying machines in the United States were washing machines; household or laundry-type, fully-automatic, (of a dry linen capacity not exceeding 10kg) ($24M), drying machines; of a dry linen capacity not exceeding 10kg ($23M) and washing machines; household or laundry-type, not fully-automatic, without built-in centrifugal drier, of a dry linen capacity not exceeding 10kg ($1.2M), with a combined 99% share of total imports. Washing machines; household or laundry-type, with built-in centrifugal drier, (not fully-automatic), of a dry linen capacity not exceeding 10kg lagged somewhat behind, accounting for a further 1.2%.

U.S. Washing and Drying Machine Imports by Country

Mexico (98K units), China (55K units) and South Korea (5.1K units) were the main suppliers of washing and drying machine imports to the United States, together comprising 89% of total imports. These countries were followed by Germany, Poland, the Czech Republic and Malaysia, which together accounted for a further 8.4%.

From January 2022 to July 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +22.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($31M) constituted the largest supplier of washing and drying machine to the United States, comprising 64% of total imports. The second position in the ranking was taken by China ($7.8M), with a 16% share of total imports. It was followed by Germany, with a 5.9% share.

From January 2022 to July 2022, the average monthly rate of growth in terms of value from Mexico stood at -2.5%. The remaining supplying countries recorded the following average monthly rates of imports growth: China (-7.2% per month) and Germany (+10.3% per month).

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Source: IndexBox Market Intelligence Platform

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

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 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. 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
  12. 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

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