Ireland: Washing Machine Market Overview 2020

Washing Machine Market Size in Ireland

The revenue of the washing machine market in Ireland amounted to $X in 2018, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, washing machine consumption, however, continues to indicate an abrupt drop. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, the washing machine market attained its maximum level at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Washing Machine Exports

Exports from Ireland

Washing machine exports from Ireland amounted to X units in 2018, rising by X% against the previous year. Overall, washing machine exports, however, continue to indicate a mild contraction. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. In that year, washing machine exports reached their peak of X units. From 2011 to 2018, the growth of washing machine exports remained at a lower figure.

In value terms, washing machine exports totaled $X in 2018. Over the period under review, washing machine exports, however, continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Exports peaked at $X in 2008; however, from 2009 to 2018, exports failed to regain their momentum.

Exports by Country

The UK (X units) was the main destination for washing machine exports from Ireland, accounting for a X% share of total exports. Moreover, washing machine exports to the UK exceeded the volume sent to the second major destination, Finland (X units), more than tenfold. The third position in this ranking was occupied by Portugal (X units), with a X% share.

From 2007 to 2018, the average annual growth rate of volume to the UK totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+X% per year) and Portugal (X% per year).

In value terms, the UK ($X) remains the key foreign market for washing machine exports from Ireland, comprising X% of total washing machine exports. The second position in the ranking was occupied by Portugal ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2007 to 2018, the average annual growth rate of value to the UK totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (X% per year) and the Netherlands (-X% per year).

Export Prices by Country

In 2018, the average washing machine export price amounted to $X per unit, coming down by -X% against the previous year. In general, the washing machine export price continues to indicate a temperate setback. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. The export price peaked at $X per unit in 2009; however, from 2010 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per unit), while the average price for exports to Finland ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Portugal, while the prices for the other major destinations experienced a decline.

Washing Machine Imports

Imports into Ireland

In 2018, the amount of household washing and drying machines imported into Ireland amounted to X units, rising by X% against the previous year. In general, washing machine imports, however, continue to indicate a mild slump. The growth pace was the most rapid in 2018 when imports increased by X% y-o-y. Imports peaked at X units in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, washing machine imports stood at $X in 2018. Over the period under review, washing machine imports, however, continue to indicate a drastic setback. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. Over the period under review, washing machine imports attained their peak figure at $X in 2007; however, from 2008 to 2018, imports remained at a lower figure.

Imports by Country

The UK (X units), Turkey (X units) and Poland (X units) were the main suppliers of washing machine imports to Ireland, with a combined X% share of total imports. China, Slovakia, Italy and Germany lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by China, while the other leaders experienced more modest paces of growth.

In value terms, the largest washing machine suppliers to Ireland were the UK ($X), Poland ($X) and Turkey ($X), together accounting for X% of total imports. China, Slovakia, Italy and Germany lagged somewhat behind, together accounting for a further X terms of the main suppliers, China recorded the highest growth rate of imports, over the last eleven years, while the other leaders experienced a decline.

Import Prices by Country

In 2018, the average washing machine import price amounted to $X per unit, lowering by -X% against the previous year. In general, the washing machine import price continues to indicate a noticeable descent. The pace of growth was the most pronounced in 2012 an increase of X% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Italy ($X per unit), while the price for Slovakia ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform