Italy: Laundry Machine Market 2024

Laundry Machine Market Size in Italy

In 2022, the Italian laundry machine market was finally on the rise to reach $X after two years of decline. In general, consumption recorded a prominent expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Laundry Machine Production in Italy

In value terms, laundry machine production soared to $X in 2022 estimated in export price. Over the period under review, the total production indicated a slight 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, production increased by X% against 2017 indices. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Laundry Machine Exports

Exports from Italy

In 2022, the amount of washing, bleaching or dyeing machines exported from Italy surged to X units, with an increase of X% on the previous year's figure. Overall, total exports indicated a notable increase from 2012 to 2022: its volume 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 increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, laundry machine exports rose notably to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Pakistan (X units), Bangladesh (X units) and India (X units) were the main destinations of laundry machine exports from Italy, with a combined X% share of total exports. China, Turkey, Vietnam, Argentina, Brazil, Taiwan (Chinese), Portugal, Tunisia, Egypt and Mexico lagged somewhat behind, together accounting for a further X%.

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

In value terms, Bangladesh ($X), India ($X) and Pakistan ($X) were the largest markets for laundry machine exported from Italy worldwide, together comprising X% of total exports. Turkey, China, Vietnam, Argentina, Brazil, Portugal, Taiwan (Chinese), Mexico, Egypt and Tunisia lagged somewhat behind, together accounting for a further X%.

Taiwan (Chinese), with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average laundry machine export price amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the export price showed a mild descent. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per unit), while the average price for exports to Tunisia ($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 Pakistan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Laundry Machine Imports

Imports into Italy

In 2022, overseas purchases of washing, bleaching or dyeing machines decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, saw a remarkable increase. The growth pace was the most rapid in 2018 with an increase of X%. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, laundry machine imports reduced notably to $X in 2022. In general, imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Imports peaked at $X in 2021, and then dropped dramatically in the following year.

Imports by Country

In 2022, China (X units) constituted the largest laundry machine supplier to Italy, accounting for a X% share of total imports. Moreover, laundry machine imports from China exceeded the figures recorded by the second-largest supplier, Spain (X units), sixfold. The third position in this ranking was taken by Thailand (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Thailand (X% per year).

In value terms, China ($X) constituted the largest supplier of washing, bleaching or dyeing machines to Italy, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Spain (X% per year).

Import Prices by Country

In 2022, the average laundry machine import price amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the import price continues to indicate a pronounced descent. The growth pace was the most rapid in 2019 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per unit), while the price for Chile ($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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