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Australia - Household Washing and Drying Machines - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

Australia - Household Washing and Drying Machines - Market Analysis, Forecast, Size, Trends and Insights

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Aug 1, 2023

Australia's Washing and Drying Machine Price Hits Rock Bottom at $240 per Unit

Australia Washing and Drying Machine Import Price in May 2023

In May 2023, the washing and drying machine price amounted to $240 per unit (CIF, Australia), standing approximately at the previous month. In general, the import price showed a mild slump. The most prominent rate of growth was recorded in August 2022 when the average import price increased by 14% m-o-m. As a result, import price attained the peak level of $327K per thousand units. From September 2022 to May 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($619 per unit), while the price for China ($197 per unit) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.

COUNTRYImport Price of Washing and Drying Machine in Australia (USD per unit)
May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023
Germany519542493534513511533553573578521638619
South Korea634682577569537467474373532591537574534
Poland337413366417419368395396385396366384390
Thailand230243224228204219239229219220207207228
Turkey272224211262222234239283303270217209212
China270268281300254238242246239240221210197
Average297302287327292279309309307284261244240

Australia Washing and Drying Machine Import Prices by Type

There were significant differences in the average prices amongst the major supplied products. In May 2023, the product with the highest price was drying machines; of a dry linen capacity not exceeding 10kg ($251 per unit), while the price for washing machines; household or laundry-type, with built-in centrifugal drier, (not fully-automatic), of a dry linen capacity not exceeding 10kg ($67.6 per unit) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by washing machines; household or laundry-type, not fully-automatic, without built-in centrifugal drier, of a dry linen capacity not exceeding 10kg (+12.2%), while the prices for the other products experienced a decline.

Australia Washing and Drying Machine Imports

In May 2023, approximately 156K units of household washing and drying machines were imported into Australia; with an increase of 3.8% on the month before. In general, imports, however, continue to indicate a perceptible contraction. The pace of growth appeared the most rapid in February 2023 with an increase of 43% month-to-month. Over the period under review, imports reached the peak figure at 209K units in May 2022; afterwards, it flattened through to May 2023.

In value terms, washing and drying machine imports reached $38M (IndexBox estimates) in May 2023. Over the period under review, imports, however, recorded a pronounced decline. The most prominent rate of growth was recorded in February 2023 when imports increased by 32% against the previous month. Imports peaked at 62M units in May 2022; however, from June 2022 to May 2023, imports failed to regain momentum.

Australia Washing and Drying Machine Imports by Type

In May 2023, washing machines; household or laundry-type, fully-automatic, (of a dry linen capacity not exceeding 10kg) (107K units) constituted the largest type of washing and drying machine supplied to Australia, with a 68% share of total imports. Moreover, washing machines; household or laundry-type, fully-automatic, (of a dry linen capacity not exceeding 10kg) exceeded the figures recorded for the second-largest type, drying machines; of a dry linen capacity not exceeding 10kg (49K units), twofold. Washing machines; household or laundry-type, not fully-automatic, without built-in centrifugal drier, of a dry linen capacity not exceeding 10kg (579 units) ranked third in terms of total imports with a 0.4% share.

From May 2022 to May 2023, the average monthly growth rate of the volume of import of washing machines; household or laundry-type, fully-automatic, (of a dry linen capacity not exceeding 10kg) was relatively modest. With regard to the other supplied products, the following average monthly rates of growth were recorded: drying machines; of a dry linen capacity not exceeding 10kg (-4.6% per month) and washing machines; household or laundry-type, not fully-automatic, without built-in centrifugal drier, of a dry linen capacity not exceeding 10kg (-12.8% per month).

In value terms, washing machines; household or laundry-type, fully-automatic, (of a dry linen capacity not exceeding 10kg) ($25M) constituted the largest type of washing and drying machine supplied to Australia, comprising 67% of total imports. The second position in the ranking was taken by drying machines; of a dry linen capacity not exceeding 10kg ($12M), with a 33% share of total imports. It was followed by washing machines; household or laundry-type, not fully-automatic, without built-in centrifugal drier, of a dry linen capacity not exceeding 10kg, with a 0.1% share.

Australia Washing and Drying Machine Imports by Country

China (69K units), Thailand (39K units) and South Korea (5.5K units) were the main suppliers of washing and drying machine imports to Australia, together accounting for 73% of total imports. Poland, Germany and Turkey lagged somewhat behind, together accounting for a further 5.4%.

From May 2022 to May 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +4.0%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest washing and drying machine suppliers to Australia were China ($14M), Thailand ($9M) and South Korea ($3M), with a combined 68% share of total imports. Poland, Germany and Turkey lagged somewhat behind, together accounting for a further 9.3%.

Turkey, with a CAGR of +1.8%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for washing and drying machine in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 27511300 - Cloth washing and drying machines, of the household type

Country coverage:

  • Australia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Australia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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