Which Country Exports the Most Household Washing and Drying Machines in the World?

IndexBox has just published a new report "World: Household Washing And Drying Machines - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.

Global washing machine imports totaled 5.9M tonnes in 2016, growing by 2% against the previous year figure. The total import volume increased at an average annual rate of +1.1% from 2007 to 2016- the trend pattern remained relatively stable, with only minor fluctuations being observed over the period under review. The most prominent rate of growth was recorded in 2010, when imports increased by 8% year-to-year. Over the period under review, global washing machine imports reached its maximum volume in 2016, and are expected to retain its growth in the immediate term.

In value terms, washing machine imports totaled $13B in 2016. In general, washing machine imports continue to indicate a relatively flat trend pattern. Over the period under review, global washing machine imports attained its maximum level of $15B in 2014- however, from 2015 to 2016, it failed to regain its strength.

Top Washing Machine Importing Countries in the World

1. USA (1,772.5 million USD)

2. Japan (941.5 million USD)

3. United Kingdom (861.6 million USD)

4. Germany (685.5 million USD)

5. France (615.5 million USD)

6. Italy (457.3 million USD)

7. Poland (295.0 million USD)

8. South Korea (152.6 million USD)

9. China (138.7 million USD)

10. Turkey (123.4 million USD)

11. Slovakia (93.6 million USD)

12. Thailand (86.1 million USD)

Washing Machine Imports By Country

In 2016, China (893K tonnes), followed by Italy (495K tonnes), Poland (420K tonnes), South Korea (417K tonnes), Turkey (393K tonnes), and the U.S. (271K tonnes) were the key importers of washing machine, together committing 49% of total imports. The following importers - the UK (260K tonnes), Thailand (217K tonnes), Germany (212K tonnes), France (196K tonnes), Slovakia (165K tonnes), and Japan (157K tonnes) together made up 20% of total imports.

From 2007 to 2016, the most notable growth rate of washing machine imports, among the main importing countries, was attained by Poland (+13.3% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the largest washing machine markets worldwide were the U.S. ($1.8B), Japan ($942M) and the UK ($862M), with a combined 27% share of global imports.Germany, France, Italy, Poland, South Korea, China, Turkey, Slovakia and Thailand lagged somewhat behind, together accounting for a further 20%.

South Korea (+11.8% per year) had the highest rates of growth with regard to the washing machine imports, among the main importing countries, over the last 9 years, while the other global leaders experienced more modest paces of growth.

Washing Machine Import Prices By Country

In 2016, the average import price for washing machine amounted to $2,229 per tonne, coming down by -3.2% against the previous year. In general, washing machine import price continues to indicate a mild setback. The most prominent rate of growth was recorded in 2008, an increase of 8% y-o-y. In that year, average washing machine import price attained its maximum level of $2,615 per tonne. From 2009 to 2016, growth of average washing machine import price failed to regain its strength.

There were significant differences in the average import prices amongst major importing countries. In 2016, the country with the highest import prices was the U.S. ($6,552 per tonne), while China ($155 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of washing machine import prices was attained by South Korea (+10.6% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global washing machine market? Get the latest trends and insight from our report. It includes a wide range of statistics on

• washing machine market share
• washing machine prices
• washing machine industry
• washing machine sales
• washing machine import
• washing machine export
• washing machine market forecast
• washing machine price forecast
• key washing machine producers

All data provided in this article covers the following product: HS Code 8450 - Household or laundry-type washing machines- including machines which both wash and dry.

Source: World: Household Washing And Drying Machines - Market Report. Analysis and Forecast to 2025