MENA: Laundry Machine Market 2024

Laundry Machine Market Size in MENA

In 2022, after two years of growth, there was significant decline in the MENA's laundry machine market, when its value decreased by X% to $X. In general, consumption recorded a buoyant increase. Over the period under review, the market attained the maximum level at $X in 2021, and then dropped markedly in the following year.

Laundry Machine Production in MENA

In value terms, laundry machine production fell dramatically to $X in 2022 estimated in export price. In general, production saw a prominent increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Laundry Machine Exports

Exports in MENA

In 2022, after two years of decline, there was significant growth in shipments abroad of washing, bleaching or dyeing machines, when their volume increased by X% to X units. Over the period under review, exports enjoyed a resilient expansion. Over the period under review, the exports attained the maximum at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, laundry machine exports soared to $X in 2022. In general, exports enjoyed a prominent increase. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Turkey was the key exporter of washing, bleaching or dyeing machines in MENA, with the volume of exports reaching X units, which was approx. X% of total exports in 2022. It was distantly followed by Bahrain (X units), constituting a X% share of total exports. The United Arab Emirates (X units) took a minor share of total exports.

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

In value terms, Turkey ($X) remains the largest laundry machine supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports.

In Turkey, laundry machine exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Bahrain (X% per year).

Export Prices by Country

In 2022, the export price in MENA amounted to $X per unit, declining by X% against the previous year. Export price indicated a buoyant expansion from 2012 to 2022: its price 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, laundry machine export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit, and then shrank in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per unit), while Bahrain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the other leaders experienced a decline in the export price figures.

Laundry Machine Imports

Imports in MENA

In 2022, overseas purchases of washing, bleaching or dyeing machines were finally on the rise to reach X units after three years of decline. Overall, imports, however, continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2017 with an increase of X%. The volume of import peaked at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, laundry machine imports surged to $X in 2022. Total imports indicated a modest increase 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Turkey (X units) represented the main importer of washing, bleaching or dyeing machines, committing X% of total imports. Iran (X units) ranks second in terms of the total imports with a X% share, followed by Egypt (X%), Qatar (X%) and Algeria (X%). Morocco (X units) and Tunisia (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to laundry machine imports into Turkey stood at X%. At the same time, Algeria (X%), Egypt (X%) and Iran (X%) displayed positive paces of growth. Moreover, Algeria emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. By contrast, Tunisia (X%), Morocco (X%) and Qatar (X%) illustrated a downward trend over the same period. Turkey (X p.p.), Egypt (X p.p.), Iran (X p.p.) and Algeria (X p.p.) significantly strengthened its position in terms of the total imports, while Qatar saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported washing, bleaching or dyeing machines in MENA, comprising X% of total imports. The second position in the ranking was held by Egypt ($X), with a X% share of total imports. It was followed by Algeria, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Turkey amounted to X%. In the other countries, the average annual rates were as follows: Egypt (X% per year) and Algeria (X% per year).

Import Prices by Country

In 2022, the import price in MENA amounted to $X per unit, declining by X% against the previous year. In general, the import price, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2013 an increase of X%. Over the period under review, import prices reached the peak figure at $X per unit in 2021, and then dropped sharply in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Tunisia ($X per unit), while Qatar ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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