U.S. - Household Washing and Drying Machines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingU.S. Washing and Drying Machine Import Surges to $78M in March 2023
U.S. Washing and Drying Machine Imports
In March 2023, purchases abroad of household washing and drying machines increased by 18% to 257K units, rising for the second consecutive month after two months of decline. In general, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports hit record highs at 288K units in March 2022; afterwards, it flattened through to March 2023.
In value terms, washing and drying machine imports surged to $78M (IndexBox estimates) in March 2023. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 when imports increased by 22% m-o-m. Over the period under review, imports reached the peak figure at 83M units in March 2022; however, from April 2022 to March 2023, imports remained at a lower figure.
| COUNTRY | Import Value of Washing and Drying Machine in U.S. (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | |
| Mexico | 62.3 | 49.8 | 45.6 | 44.8 | 31.3 | 44.3 | 43.2 | 48.5 | 45.8 | 42.1 | 40.3 | 49.5 | 55.1 |
| China | 8.8 | 8.4 | 11.4 | 7.7 | 7.8 | 6.3 | 7.4 | 7.5 | 12.2 | 11.5 | 11.0 | 8.6 | 12.9 |
| Germany | 3.3 | 2.9 | 2.9 | 2.6 | 2.9 | 2.5 | 3.3 | 3.4 | 3.6 | 3.0 | 2.7 | 2.2 | 3.9 |
| Poland | 2.4 | 5.5 | 1.4 | 4.3 | 1.6 | 1.8 | 1.0 | 1.8 | 1.2 | 1.3 | 1.4 | 1.2 | 2.1 |
| South Korea | 1.9 | 1.2 | 0.6 | 2.7 | 1.8 | 1.0 | 1.1 | 0.6 | 1.4 | 1.7 | 1.2 | 0.9 | 2.1 |
| Others | 4.7 | 4.2 | 7.1 | 4.7 | 3.6 | 3.9 | 5.1 | 4.5 | 6.4 | 4.1 | 2.8 | 1.9 | 2.4 |
| Total | 83.4 | 71.9 | 69.0 | 66.8 | 49.0 | 59.9 | 61.2 | 66.3 | 70.5 | 63.7 | 59.4 | 64.4 | 78.4 |
Imports by Country
In March 2023, Mexico (179K units) constituted the largest washing and drying machine supplier to the United States, with a 70% share of total imports. Moreover, washing and drying machine imports from Mexico exceeded the figures recorded by the second-largest supplier, China (56K units), threefold. The third position in this ranking was taken by Germany (7.2K units), with a 2.8% share.
From March 2022 to March 2023, the average monthly growth rate of volume from Mexico stood at -1.7%. The remaining supplying countries recorded the following average monthly rates of imports growth: China (+2.3% per month) and Germany (+3.3% per month).
In value terms, Mexico ($55M) constituted the largest supplier of washing and drying machine to the United States, comprising 70% of total imports. The second position in the ranking was taken by China ($13M), with a 16% share of total imports. It was followed by Germany, with a 4.9% share.
From March 2022 to March 2023, the average monthly rate of growth in terms of value from Mexico amounted to -1.0%. The remaining supplying countries recorded the following average monthly rates of imports growth: China (+3.2% per month) and Germany (+1.3% per month).
Imports by Type
In March 2023, drying machines; of a dry linen capacity not exceeding 10kg (161K units) constituted the largest type of washing and drying machine supplied to the United States, with a 63% share of total imports. Moreover, drying machines; of a dry linen capacity not exceeding 10kg exceeded the figures recorded for the second-largest type, washing machines; household or laundry-type, fully-automatic, (of a dry linen capacity not exceeding 10kg) (77K units), twofold. Washing machines; household or laundry-type, not fully-automatic, without built-in centrifugal drier, of a dry linen capacity not exceeding 10kg (18K units) ranked third in terms of total imports with a 6.9% share.
From March 2022 to March 2023, the average monthly rate of growth in terms of the volume of import of drying machines; of a dry linen capacity not exceeding 10kg totaled -1.7%. With regard to the other supplied products, the following average monthly rates of growth were recorded: washing machines; household or laundry-type, fully-automatic, (of a dry linen capacity not exceeding 10kg) (+0.3% 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 (+1.3% per month).
In value terms, the most traded types of household washing and drying machines in the United States were drying machines; of a dry linen capacity not exceeding 10kg ($42M), washing machines; household or laundry-type, fully-automatic, (of a dry linen capacity not exceeding 10kg) ($35M) and washing machines; household or laundry-type, not fully-automatic, without built-in centrifugal drier, of a dry linen capacity not exceeding 10kg ($714K), together comprising 100% of total imports.
Import Prices by Country
In March 2023, the washing and drying machine price stood at $306 per unit (CIF, US), with an increase of 3.6% against the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2022 an increase of 12% m-o-m. Over the period under review, average import prices reached the maximum in March 2023.
There were significant differences in the average prices amongst the major supplying countries. In March 2023, the country with the highest price was Germany ($538 per unit), while the price for China ($231 per unit) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by China (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.
This report provides an in-depth analysis of the market for washing and drying machine in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
