Australia and Oceania: Market for Household Washing and Drying Machines 2024

Market Size for Household Washing and Drying Machines in Australia and Oceania

The washing and drying machine market in Australia and Oceania skyrocketed to $X in 2022, growing by X% against the previous year. The total consumption indicated notable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2018 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Household Washing and Drying Machines in Australia and Oceania

In value terms, washing and drying machine production surged to $X in 2022 estimated in export price. Overall, production, however, showed a slight slump. The growth pace was the most rapid in 2020 when the production volume increased by X,907,900% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

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Exports of Household Washing and Drying Machines

Exports in Australia and Oceania

In 2022, overseas shipments of household washing and drying machines decreased by X% to X units, falling for the third year in a row after two years of growth. Over the period under review, exports, however, enjoyed a moderate expansion. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, washing and drying machine exports rose markedly to $X in 2022. Total exports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The level of export peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Australia (X units) and New Zealand (X units) represented the major exporters of household washing and drying machines in Australia and Oceania, together finishing at approx. X% of total exports. It was distantly followed by New Caledonia (X units) and Fiji (X units), together constituting a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for New Caledonia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest washing and drying machine supplying countries in Australia and Oceania were New Zealand ($X), Australia ($X) and New Caledonia ($X), together comprising X% of total exports.

New Caledonia, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2022, jumping by X% against the previous year. Over the period under review, the export price showed measured growth. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, the export prices attained the maximum at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per unit), while Fiji ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%), while the other leaders experienced more modest paces of growth.

Imports of Household Washing and Drying Machines

Imports in Australia and Oceania

In 2022, the amount of household washing and drying machines imported in Australia and Oceania surged to X units, jumping by X% on the previous year's figure. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, washing and drying machine imports soared to $X in 2022. Total imports indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Australia was the major importer of household washing and drying machines in Australia and Oceania, with the volume of imports finishing at X units, which was approx. X% of total imports in 2022. It was distantly followed by New Zealand (X units), creating an X% share of total imports.

Australia was also the fastest-growing in terms of the household washing and drying machines imports, with a CAGR of X% from 2012 to 2022. At the same time, New Zealand (X%) displayed positive paces of growth. While the share of Australia (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported household washing and drying machines in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by New Zealand ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Australia stood at X%.

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2022, surging by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. The level of import peaked in 2022 and is likely to see gradual growth in years to come.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per unit), while Australia stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Source: IndexBox Platform

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