U.S. - Household Washing and Drying Machines - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

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

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Price for Washing and Drying Machine in the United States - 2023

Contents:

  1. Price for Washing and Drying Machine in the United States (CIF) - 2023
  2. Price for Washing and Drying Machine in the United States (FOB) - 2023
  3. Imports of Washing and Drying Machine in the United States
  4. Exports of Washing and Drying Machine in the United States

Price for Washing and Drying Machine in the United States (CIF) - 2023

In August 2023, the average washing and drying machine import price amounted to $300 per unit, flattening at the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 7.7% against the previous month. The import price peaked at $306 per unit in March 2023; however, from April 2023 to August 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($616 per unit), while the price for China ($237 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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Price for Washing and Drying Machine in the United States (FOB) - 2023

The average washing and drying machine export price stood at $236 per unit in August 2023, remaining stable against the previous month. In general, the export price, however, recorded a perceptible contraction. The pace of growth appeared the most rapid in February 2023 an increase of 24% against the previous month. The export price peaked at $334 per unit in September 2022; however, from October 2022 to August 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was South Africa ($480 per unit), while the average price for exports to Mexico ($104 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+15.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Washing and Drying Machine in the United States

After three years of growth, supplies from abroad of household washing and drying machines decreased by -17.2% to 2.8M units in 2022. The total import volume increased at an average annual rate of +1.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 16% against the previous year. Imports peaked at 3.4M units in 2021, and then shrank significantly in the following year.

In value terms, washing and drying machine imports declined slightly to $779M in 2022. The total import value increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 5.8%. Over the period under review, imports reached the maximum at $798M in 2021, and then contracted modestly in the following year.

Import of Washing and Drying Machine in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico5004634935261.7%
China114175166110-1.2%
Germany35.334.233.734.9-0.4%
Poland26.331.835.925.3-1.3%
South Korea29.329.330.318.4-14.4%
Turkey4.95.66.67.414.7%
Others29.442.533.056.524.3%
Total7387817987791.8%

Top Suppliers of Washing and Drying Machine to the United States in 2022:

  1. Mexico (22.7M units)
  2. China (20.9M units)
  3. Germany (3.9M units)
  4. Poland (2.2M units)
  5. Turkey (1.0M units)
  6. South Korea (0.8M units)

Exports of Washing and Drying Machine in the United States

In 2022, the amount of household washing and drying machines exported from the United States surged to 420K units, rising by 15% compared with the year before. The total export volume increased at an average annual rate of +6.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 19%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, washing and drying machine exports soared to $127M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +10.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.1% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Washing and Drying Machine in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada32.727.143.736.73.9%
Australia9.010.89.925.140.8%
United Kingdom6.78.06.910.716.9%
Saudi ArabiaN/A1.42.69.3157.7%
Taiwan (Chinese)2.52.93.77.141.6%
Brazil0.70.52.46.2106.9%
Mexico5.45.35.25.82.4%
South Africa3.21.51.12.8-4.4%
Honduras0.30.20.21.985.0%
Czech Republic5.71.52.61.9-30.7%
South Korea2.31.90.81.1-21.8%
Others25.818.117.718.2-11.0%
Total94.379.396.612710.4%

Top Export Markets for Washing and Drying Machine from the United States in 2022:

  1. Canada (1871.1K units)
  2. Australia (1382.9K units)
  3. Mexico (902.6K units)
  4. United Kingdom (612.3K units)
  5. Brazil (447.5K units)
  6. Saudi Arabia (440.1K units)
  7. Taiwan (Chinese) (360.1K units)
  8. Honduras (189.2K units)
  9. South Africa (138.7K units)
  10. Czech Republic (102.7K units)
  11. South Korea (58.1K units)

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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