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

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

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Oct 14, 2023

China's Washing and Drying Machine Exports Surge to $325M in June 2023

China Washing and Drying Machine Exports

Washing and drying machine exports from China rose to 2.6M units in June 2023, picking up by 2.3% on May 2023 figures. The total export volume increased at an average monthly rate of +3.5% over the period from June 2022 to June 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. The growth pace was the most rapid in March 2023 when exports increased by 43% m-o-m. As a result, the exports reached the peak of 2.7M units. From April 2023 to June 2023, the growth of the exports failed to regain momentum.

In value terms, washing and drying machine exports expanded modestly to $325M (IndexBox estimates) in June 2023. The total export value increased at an average monthly rate of +2.5% from June 2022 to June 2023; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain months. The pace of growth was the most pronounced in March 2023 when exports increased by 35% month-to-month. As a result, the exports attained the peak of $347M. From April 2023 to June 2023, the growth of the exports remained at a lower figure.China Washing and Drying Machine Exports By Country (Million USD)

COUNTRYExport Value of Washing and Drying Machine in China (million USD)
Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023
Japan45.761.256.150.053.053.050.356.256.155.449.342.742.1
Russia9.512.623.732.735.923.420.723.412.723.728.129.426.4
France9.412.110.812.512.113.49.711.79.015.614.214.019.6
Germany8.213.99.98.68.88.09.17.75.910.38.210.113.3
Australia20.916.614.016.211.76.94.812.311.917.712.913.812.0
Indonesia6.17.65.56.55.67.16.27.87.08.44.56.26.5
Philippines5.26.96.84.26.05.13.23.83.25.16.03.83.8
Others137166167174171174153186152211194200201
Total242297294305304291257309258347317320325

Exports by Country

Japan (275K units), Russia (175K units) and France (125K units) were the main destinations of washing and drying machine exports from China, together comprising 22% of total exports.

From June 2022 to June 2023, the biggest increases were in Russia (with a CAGR of +9.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Japan ($42M), Russia ($26M) and France ($20M) were the largest markets for washing and drying machine exported from China worldwide, with a combined 27% share of total exports.

Russia, with a CAGR of +8.9%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Exports by Type

Washing machines; household or laundry-type, fully-automatic, (of a dry linen capacity not exceeding 10kg) (1.7M units) was the largest type of washing and drying machine exported from China, with a 66% share of total exports. Moreover, washing machines; household or laundry-type, fully-automatic, (of a dry linen capacity not exceeding 10kg) exceeded the volume of the second product type, washing machines; household or laundry-type, with built-in centrifugal drier, (not fully-automatic), of a dry linen capacity not exceeding 10kg (473K units), fourfold. Washing machines; household or laundry-type, not fully-automatic, without built-in centrifugal drier, of a dry linen capacity not exceeding 10kg (244K units) ranked third in terms of total exports with a 9.3% share.

From June 2022 to June 2023, the average monthly rate of growth in terms of the volume of export of washing machines; household or laundry-type, fully-automatic, (of a dry linen capacity not exceeding 10kg) totaled +3.6%. With regard to the other exported products, the following average monthly rates of growth were recorded: washing machines; household or laundry-type, with built-in centrifugal drier, (not fully-automatic), of a dry linen capacity not exceeding 10kg (+3.8% 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 (+8.8% per month).

In value terms, washing machines; household or laundry-type, fully-automatic, (of a dry linen capacity not exceeding 10kg) ($261M) remains the largest type of washing and drying machine exported from China, comprising 80% of total exports. The second position in the ranking was held by drying machines; of a dry linen capacity not exceeding 10kg ($33M), with a 10% share of total exports. It was followed by washing machines; household or laundry-type, with built-in centrifugal drier, (not fully-automatic), of a dry linen capacity not exceeding 10kg, with a 7.6% share.

From June 2022 to June 2023, the average monthly growth rate of the export volume of washing machines; household or laundry-type, fully-automatic, (of a dry linen capacity not exceeding 10kg) stood at +2.5%. With regard to the other exported products, the following average monthly rates of growth were recorded: drying machines; of a dry linen capacity not exceeding 10kg (+1.7% per month) and washing machines; household or laundry-type, with built-in centrifugal drier, (not fully-automatic), of a dry linen capacity not exceeding 10kg (+3.1% per month).

Export Prices by Country

In June 2023, the washing and drying machine price stood at $124 per unit (FOB, China), remaining constant against the previous month. Over the period under review, the export price recorded a mild decrease. The most prominent rate of growth was recorded in July 2022 when the average export price increased by 3.8% m-o-m. As a result, the export price attained the peak level of $145K per thousand units. From August 2022 to June 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Germany ($180 per unit), while the average price for exports to Indonesia ($68.9 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+6.0%), while the prices for the other major destinations experienced a decline.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for washing and drying machine in China. 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:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • 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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