Turkey: Market for Household Washing and Drying Machines 2024

Market Size for Household Washing and Drying Machines in Turkey

In 2022, the Turkish washing and drying machine market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption recorded a resilient expansion. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Household Washing and Drying Machines in Turkey

In value terms, washing and drying machine production fell to $X in 2022 estimated in export price. In general, production, however, posted a strong expansion. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Washing and drying machine production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Household Washing and Drying Machines

Exports from Turkey

In 2022, exports of household washing and drying machines from Turkey shrank notably to X units, dropping by X% on the year before. Overall, total exports indicated a moderate 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 2021 when exports increased by X%. As a result, the exports reached the peak of X units, and then fell remarkably in the following year.

In value terms, washing and drying machine exports fell to $X in 2022. Over the period under review, total exports indicated prominent 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, exports decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 when exports increased by X%. The exports peaked at $X in 2021, and then fell in the following year.

Exports by Country

The UK (X units), France (X units) and Germany (X units) were the main destinations of washing and drying machine exports from Turkey.

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

In value terms, the UK ($X), Germany ($X) and France ($X) constituted the largest markets for washing and drying machine exported from Turkey worldwide, together comprising X% of total exports. Italy, Spain, Sweden, Poland, Israel, Romania, Belgium and Greece lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Sweden, with a CAGR of X%, saw 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, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 an increase of X%. The export price peaked at $X per unit in 2020; however, from 2021 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 Belgium ($X per unit), while the average price for exports to Spain ($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 Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Household Washing and Drying Machines

Imports into Turkey

In 2022, the amount of household washing and drying machines imported into Turkey skyrocketed to X units, with an increase of X% compared with 2021. In general, imports, however, recorded a drastic downturn. Imports peaked at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, washing and drying machine imports skyrocketed to $X in 2022. Overall, imports, however, saw a noticeable descent. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Poland (X units) was the main supplier of washing and drying machine to Turkey, accounting for a X% share of total imports. Moreover, washing and drying machine imports from Poland exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The third position in this ranking was taken by Germany (X units), with a X% share.

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

In value terms, Poland ($X) constituted the largest supplier of household washing and drying machines to Turkey, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Germany, with an X% share.

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

Import Prices by Country

The average washing and drying machine import price stood at $X per unit in 2022, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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