Southern Asia: Laundry Machine Market 2024

Laundry Machine Market Size in Southern Asia

The South Asian laundry machine market expanded notably to $X in 2022, increasing by X% against the previous year. Overall, consumption recorded prominent growth. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Laundry Machine Production in Southern Asia

In value terms, laundry machine production contracted slightly to $X in 2022 estimated in export price. In general, production enjoyed a prominent increase. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Laundry Machine Exports

Exports in Southern Asia

In 2022, approx. X units of washing, bleaching or dyeing machines were exported in Southern Asia; growing by X% on the year before. Overall, exports recorded a buoyant increase. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, laundry machine exports surged to $X in 2022. In general, exports continue to indicate a perceptible increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

India prevails in exports structure, amounting to X units, which was near X% of total exports in 2022. It was distantly followed by Pakistan (X units), creating a X% share of total exports.

India was also the fastest-growing in terms of the washing, bleaching or dyeing machines exports, with a CAGR of X% from 2012 to 2022. Pakistan (X%) illustrated a downward trend over the same period. India (X p.p.) significantly strengthened its position in terms of the total exports, while Pakistan saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, India ($X) remains the largest laundry machine supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was held by Pakistan ($X), with a X% share of total exports.

In India, laundry machine exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per unit, reducing by X% against the previous year. Overall, the export price continues to indicate a noticeable descent. The pace of growth was the most pronounced in 2014 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was India ($X per unit), while Pakistan stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (X%).

Laundry Machine Imports

Imports in Southern Asia

In 2022, overseas purchases of washing, bleaching or dyeing machines increased by X% to X units, rising for the second year in a row after three years of decline. Total imports indicated a measured 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X%. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, laundry machine imports dropped modestly to $X in 2022. Total imports indicated resilient growth 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 2015 when imports increased by X% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Bangladesh was the main importing country with an import of around X units, which reached X% of total imports. India (X units) took the second position in the ranking, distantly followed by Sri Lanka (X units) and Pakistan (X units). All these countries together took approx. X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to laundry machine imports into Bangladesh stood at X%. At the same time, Sri Lanka (X%) and India (X%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. By contrast, Pakistan (X%) illustrated a downward trend over the same period. Bangladesh (X p.p.) and Sri Lanka (X p.p.) significantly strengthened its position in terms of the total imports, while Pakistan 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, Bangladesh ($X) constitutes the largest market for imported washing, bleaching or dyeing machines in Southern Asia, comprising X% of total imports. The second position in the ranking was held by India ($X), with a X% share of total imports. It was followed by Pakistan, with a X% share.

In Bangladesh, laundry machine imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: India (X% per year) and Pakistan (X% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per unit in 2022, declining by X% against the previous year. Import price indicated temperate growth 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 import price decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of X%. The level of import peaked at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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