Italy - Washing, Bleaching Or Dyeing Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Italian Laundry Machines Soars to $761 per Unit Following Two Consecutive Months of Surge
Italy Laundry Machine Export Price in April 2023
In April 2023, the laundry machine price amounted to $761 per unit (FOB, Italy), with an increase of 21% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.0%. The growth pace was the most rapid in January 2023 when the average export price increased by 23% against the previous month. Over the period under review, the average export prices reached the maximum in April 2023.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($1,168 per unit), while the average price for exports to Tunisia ($161 per unit) was amongst the lowest.
From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.
COUNTRY | Export Price of Laundry Machine in Italy (USD per unit) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | |
United States | 1,904 | 403 | 687 | 1,278 | 3,444 | 1,150 | 2,115 | 963 | 653 | 935 | 3,092 | 1,060 | 1,168 |
Bangladesh | 569 | 367 | 426 | 881 | 511 | 473 | 439 | 567 | 560 | 630 | 604 | 574 | 926 |
Guatemala | 354 | N/A | N/A | N/A | 717 | N/A | N/A | N/A | 3,213 | N/A | 465 | N/A | 909 |
Turkey | 556 | 639 | 602 | 783 | 521 | 627 | 576 | 659 | 515 | 509 | 481 | 964 | 821 |
South Africa | N/A | 1,194 | 1,334 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 762 |
Colombia | N/A | 1,136 | 837 | 588 | N/A | 1,258 | 755 | 296 | 311 | 554 | 687 | 749 | 716 |
China | N/A | 701 | 326 | 410 | N/A | 552 | 446 | 2,043 | 843 | 977 | N/A | 877 | 715 |
Peru | N/A | 988 | 988 | N/A | 506 | 818 | 764 | 487 | 814 | 559 | 647 | 662 | 649 |
Argentina | 616 | 652 | 829 | 452 | 604 | 341 | 534 | 623 | 614 | N/A | 703 | N/A | 635 |
Pakistan | 987 | 643 | 154 | 428 | 362 | N/A | 612 | 60.9 | 274 | N/A | 552 | 975 | 466 |
Algeria | N/A | 645 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 403 |
Tunisia | N/A | 423 | 432 | N/A | N/A | 789 | 903 | 242 | 601 | 283 | 363 | 90.4 | 161 |
India | 553 | 721 | 815 | 792 | 916 | 880 | 813 | 695 | 537 | 1,382 | 660 | 1,544 | N/A |
Average | 597 | 601 | 457 | 546 | 588 | 648 | 581 | 506 | 567 | 697 | 595 | 629 | 761 |
Italy Laundry Machine Exports
In April 2023, exports of washing, bleaching or dyeing machines from Italy declined to 14K units, dropping by -9.5% on the previous month's figure. In general, exports showed a perceptible setback. The most prominent rate of growth was recorded in September 2022 when exports increased by 55% m-o-m. Over the period under review, the exports hit record highs at 35K units in December 2022; however, from January 2023 to April 2023, the exports remained at a lower figure.
In value terms, laundry machine exports rose markedly to $10M (IndexBox estimates) in April 2023. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in September 2022 with an increase of 71% month-to-month. Over the period under review, the exports reached the peak figure at 20M units in December 2022; however, from January 2023 to April 2023, the exports failed to regain momentum.
Italy Laundry Machine Exports by Country
Guatemala (2.4K units), Pakistan (1.9K units) and China (1.4K units) were the main destinations of laundry machine exports from Italy, with a combined 41% share of total exports. These countries were followed by Bangladesh, Colombia, Turkey, Argentina, South Africa, Algeria, Peru, Tunisia and the United States, which together accounted for a further 51%.
From April 2022 to April 2023, the biggest increases were in Colombia (with a CAGR of +79.6%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the largest markets for laundry machine exported from Italy were Guatemala ($2.2M), Bangladesh ($1.2M) and China ($1M), together comprising 42% of total exports. These countries were followed by Turkey, Colombia, Pakistan, Argentina, South Africa, the United States, Peru, Algeria and Tunisia, which together accounted for a further 45%.
Colombia, with a CAGR of +70.8%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the laundry machine market in Italy. 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 28942150 - Washing, bleaching or dyeing machines (including wringers and mangles, shaker-tumblers, excluding household or laundry-type washing machines)
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023