
EU - Domestic Appliances - Market Analysis, Forecast, Size, Trends and Insights
EU: Domestic Appliances Market 2023
Domestic Appliances Market Size in the EU
For the sixth consecutive year, the EU domestic appliances market recorded growth in sales value, which increased by 16% to $X in 2021. The market value increased at an average annual rate of +3.9% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.
Domestic Appliances Production in the EU
In value terms, domestic appliances production rose modestly to $X in 2021 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 5.6% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.
Domestic Appliances Exports
Exports in the EU
Domestic appliances exports expanded markedly to X units in 2021, increasing by 10% on 2020 figures. The total export volume increased at an average annual rate of +2.6% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, domestic appliances exports soared to $X in 2021. The total export value increased at an average annual rate of +4.6% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Exports by Country
In 2021, Poland (X units), distantly followed by Germany (X units), Italy (X units), Romania (X units), the Netherlands (X units) and Spain (X units) represented the main exporters of domestic appliances, together mixing up 72% of total exports. Slovakia (X units), Hungary (X units), the Czech Republic (X units), Belgium (X units), Sweden (X units), France (X units) and Slovenia (X units) followed a long way behind the leaders.
From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +11.2%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Germany ($X), Poland ($X) and Italy ($X) constituted the countries with the highest levels of exports in 2021, with a combined 53% share of total exports. The Netherlands, Romania, Sweden, France, Spain, Belgium, the Czech Republic, Hungary, Slovenia and Slovakia lagged somewhat behind, together comprising a further 39%.
Among the main exporting countries, Romania, with a CAGR of +13.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2021, the export price in the European Union amounted to $X per unit, with an increase of 7% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2017 an increase of 8.2% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Germany ($X per unit), while Romania ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+7.0%), while the other leaders experienced more modest paces of growth.
Domestic Appliances Imports
Imports in the EU
For the tenth consecutive year, the European Union recorded growth in overseas purchases of domestic appliances, which increased by 14% to X units in 2021. The total import volume increased at an average annual rate of +5.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, domestic appliances imports soared to $X in 2021. Total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +78.3% against 2015 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Imports by Country
The countries with the highest levels of domestic appliances imports in 2021 were Germany (X units), France (X units), Italy (X units), the Netherlands (X units), Spain (X units), Poland (X units), Belgium (X units), Sweden (X units), Romania (X units), the Czech Republic (X units), Hungary (X units) and Denmark (X units), together recording 87% of total import.
From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +8.7%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Germany ($X), France ($X) and the Netherlands ($X) were the countries with the highest levels of imports in 2021, together comprising 45% of total imports. These countries were followed by Italy, Spain, Poland, Belgium, Sweden, the Czech Republic, Denmark, Hungary and Romania, which together accounted for a further 40%.
Among the main importing countries, Romania, with a CAGR of +12.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2021, the import price in the European Union amounted to $X per unit, rising by 8.2% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2018 an increase of 9.8%. The level of import peaked in 2021 and is expected to retain growth in years to come.
Prices varied noticeably country of destination: the country with the highest price was the Czech Republic ($X per unit), while Romania ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+4.4%), while the other leaders experienced more modest paces of growth.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the domestic appliances market in the EU. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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