Romania: Market for Household Washing and Drying Machines 2024

Market Size for Household Washing and Drying Machines in Romania

The Romanian washing and drying machine market contracted to $X in 2022, with a decrease of X% against the previous year. In general, consumption continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2017 when the market value increased by X%. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Household Washing and Drying Machines in Romania

In value terms, washing and drying machine production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production saw a slight expansion. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

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Exports of Household Washing and Drying Machines

Exports from Romania

Washing and drying machine exports from Romania surged to X units in 2022, increasing by X% compared with the previous year's figure. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, washing and drying machine exports surged to $X in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

Poland (X units), Italy (X units) and Bulgaria (X units) were the main destinations of washing and drying machine exports from Romania.

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

In value terms, Bulgaria ($X), Poland ($X) and Italy ($X) appeared to be the largest markets for washing and drying machine exported from Romania worldwide, with a combined X% share of total exports. Germany, Ukraine, the UK, France, Spain, Serbia, Hungary, the Czech Republic, Kosovo and Greece lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, France, with a CAGR of X%, recorded the highest growth rate of 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 2022, the average washing and drying machine export price amounted to $X per unit, rising by X% against the previous year. In general, the export price, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($X per unit), while the average price for exports to Greece ($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 Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Household Washing and Drying Machines

Imports into Romania

In 2022, after two years of growth, there was significant decline in overseas purchases of household washing and drying machines, when their volume decreased by X% to X units. Overall, total imports indicated a resilient 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. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports reached the peak figure at X units in 2021, and then fell in the following year.

In value terms, washing and drying machine imports declined notably to $X in 2022. Over the period under review, total imports indicated a strong 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 2016 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2021, and then fell rapidly in the following year.

Imports by Country

Poland (X units), China (X units) and Turkey (X units) were the main suppliers of washing and drying machine imports to Romania.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), China ($X) and Turkey ($X) constituted the largest washing and drying machine suppliers to Romania, together comprising X% of total imports. Slovakia, Germany, Italy, Russia and Hungary lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Germany, with a CAGR of X%, saw 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 2022, the average washing and drying machine import price amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Russia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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