Egypt: Market for Household Washing and Drying Machines 2024

Market Size for Household Washing and Drying Machines in Egypt

In 2022, the Egyptian washing and drying machine market decreased by X% to $X, falling for the fourth year in a row after seven years of growth. Over the period under review, consumption, however, continues to indicate a strong increase. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Household Washing and Drying Machines in Egypt

In value terms, washing and drying machine production rose to $X in 2022 estimated in export price. Over the period under review, production posted a significant expansion. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. Washing and drying machine production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Exports of Household Washing and Drying Machines

Exports from Egypt

In 2022, shipments abroad of household washing and drying machines decreased by X% to X units, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, recorded a strong increase. The pace of growth appeared the most rapid in 2014 when exports increased by X%. Over the period under review, the exports reached the maximum at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, washing and drying machine exports soared to $X in 2022. Overall, exports, however, enjoyed a prominent increase. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Libya (X units), the United Arab Emirates (X units) and Morocco (X units) were the main destinations of washing and drying machine exports from Egypt.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kenya (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Libya ($X) remains the key foreign market for household washing and drying machines exports from Egypt, comprising X% of total exports. The second position in the ranking was taken by Tunisia ($X), with a X% share of total exports. It was followed by Yemen, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Libya totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tunisia (X% per year) and Yemen (X% per year).

Export Prices by Country

In 2022, the average washing and drying machine export price amounted to $X per unit, with an increase of X% against the previous year. Overall, the export price continues to indicate temperate growth. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the average price for exports to Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Household Washing and Drying Machines

Imports into Egypt

In 2022, supplies from abroad of household washing and drying machines decreased by X% to X units, falling for the fourth year in a row after five years of growth. Over the period under review, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, washing and drying machine imports fell sharply to $X in 2022. In general, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

Poland (X units), China (X units) and Turkey (X units) were the main suppliers of washing and drying machine imports to Egypt.

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

In value terms, the largest washing and drying machine suppliers to Egypt were China ($X), Poland ($X) and Turkey ($X).

Poland, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average washing and drying machine import price stood at $X per unit in 2022, growing by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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