Ireland: Washing Machine Market Overview 2021

Washing Machine Market Size in Ireland

For the fifth year in a row, the Irish washing machine market recorded growth in sales value, which increased by X% to $X in 2020. Over the period under review, consumption showed a pronounced reduction. The most prominent rate of growth was recorded in 2016 when the market value increased by X% y-o-y. Over the period under review, the market attained the maximum level at $X in 2007; however, from 2008 to 2020, consumption remained at a lower figure.

Washing Machine Exports

Exports from Ireland

In 2020, after two years of growth, there was decline in shipments abroad of household washing and drying machines, when their volume decreased by -X% to X units. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when exports increased by X% against the previous year. Exports peaked at X units in 2008; however, from 2009 to 2020, exports failed to regain the momentum.

In value terms, washing machine exports rose remarkably to $X in 2020. In general, exports continue to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Over the period under review, exports attained the maximum at $X in 2008; however, from 2009 to 2020, exports remained at a lower figure.

Exports by Country

The UK (X units) was the main destination for washing machine exports from Ireland, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to the UK was relatively modest.

In value terms, the UK ($X) also remains the key foreign market for washing machine exports from Ireland.

From 2007 to 2020, the average annual rate of growth in terms of value to the UK amounted to -X%.

Export Prices by Country

In 2020, the average washing machine export price amounted to $X per unit, with an increase of X% against the previous year. In general, the export price, however, continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2009 when the average export price increased by X% y-o-y. As a result, export price attained the peak level of $X per unit. From 2010 to 2020, the growth in terms of the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2007 to 2020, the rate of growth in terms of prices for the UK amounted to -X% per year.

Washing Machine Imports

Imports into Ireland

In 2020, after four years of growth, there was significant decline in purchases abroad of household washing and drying machines, when their volume decreased by -X% to X units. Overall, imports recorded a slight slump. The most prominent rate of growth was recorded in 2018 when imports increased by X% y-o-y. Over the period under review, imports reached the peak figure at X units in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, washing machine imports totaled $X in 2020. Over the period under review, imports recorded a pronounced shrinkage. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Imports peaked at $X in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

Imports by Country

Turkey (X units), Poland (X units) and the UK (X units) were the main suppliers of washing machine imports to Ireland, together accounting for X% of total imports. These countries were followed by China, Italy, South Korea and Germany, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea, while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Turkey ($X) and China ($X) constituted the largest washing machine suppliers to Ireland, with a combined X% share of total imports. These countries were followed by the UK, Italy, South Korea and Germany, which together accounted for a further X the main suppliers, South Korea (+X% per year) recorded the highest growth rate of 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 2020, the average washing machine import price amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the import price, however, saw a noticeable slump. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for household washing and drying machines in the world?

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China (76M units) constituted the country with the largest volume of washing machine consumption, comprising approx. 39% of total volume. Moreover, washing machine consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (10M units), sevenfold. The third position in this ranking was occupied by Brazil (10M units), with a 5.2% share.

What are the largest producers of household washing and drying machines in the world?

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China (101M units) constituted the country with the largest volume of washing machine production, accounting for 52% of total volume. Moreover, washing machine production in China exceeded the figures recorded by the second-largest producer, Turkey (13M units), eightfold. Poland (12M units) ranked third in terms of total production with a 6.2% share.

What are the leading suppliers of household washing and drying machines to Ireland?

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In value terms, Poland ($16M), Turkey ($15M) and China ($9.2M) constituted the largest washing machine suppliers to Ireland, together accounting for 67% of total imports. The UK, Italy, South Korea and Germany lagged somewhat behind, together comprising a further 29%.

What are the leading importers of household washing and drying machines from Ireland?

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In value terms, the UK ($2.7M) remains the key foreign market for washing machine exports from Ireland.

What is the average export price for household washing and drying machines in Ireland?

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In 2020, the average washing machine export price amounted to $150 per unit, increasing by 11% against the previous year.

What is the average import price for household washing and drying machines in Ireland?

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In 2020, the average washing machine import price amounted to $177 per unit, with an increase of 17% against the previous year.