U.S.: Market for Household Washing and Drying Machines 2024

Market Size for Household Washing and Drying Machines in the U.S.

In 2022, the U.S. washing and drying machine market decreased by X% to $X for the first time since 2018, thus ending a three-year rising trend. Overall, consumption, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the market value increased by X%. Washing and drying machine consumption peaked at $X in 2021, and then dropped in the following year.

Production of Household Washing and Drying Machines in the U.S.

In value terms, washing and drying machine production reduced modestly to $X in 2022. Over the period under review, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Exports of Household Washing and Drying Machines

Exports from the U.S.

In 2022, overseas shipments of household washing and drying machines increased by X% to X units, rising for the second year in a row after two years of decline. In general, exports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, washing and drying machine exports skyrocketed to $X in 2022. Overall, exports, however, recorded a abrupt decrease. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X units), Australia (X units) and Mexico (X units) were the main destinations of washing and drying machine exports from the United States.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, Canada ($X), Australia ($X) and the UK ($X) appeared to be the largest markets for washing and drying machine exported from the United States worldwide, together accounting for X% of total exports. Saudi Arabia, Taiwan (Chinese), Brazil, Mexico, South Africa, Honduras and Venezuela lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Brazil, with a CAGR of X%, saw the highest rates of growth with regard to 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

The average washing and drying machine export price stood at $X per unit in 2022, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

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

Imports of Household Washing and Drying Machines

Imports into the U.S.

In 2022, after eight 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, imports, however, showed a moderate increase. The pace of growth appeared the most rapid in 2017 with an increase of X%. Imports peaked at X units in 2021, and then contracted rapidly in the following year.

In value terms, washing and drying machine imports dropped slightly to $X in 2022. In general, total imports indicated a moderate 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. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then fell slightly in the following year.

Imports by Country

Mexico (X units), China (X units) and Germany (X units) were the main suppliers of washing and drying machine imports to the United States.

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

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

From 2012 to 2022, the average annual growth rate of value from Mexico 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

In 2022, the average washing and drying machine import price amounted to $X per unit, growing by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :