Africa: Market for Household Washing and Drying Machines 2024

Market Size for Household Washing and Drying Machines in Africa

The African washing and drying machine market stood at $X in 2021, surging by 2.9% against the previous year. The total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +6.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -2.2% against 2019 indices. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Production of Household Washing and Drying Machines in Africa

In value terms, washing and drying machine production totaled $X in 2021 estimated in export price. Overall, production showed a resilient increase. The pace of growth was the most pronounced in 2014 with an increase of 43% against the previous year. Over the period under review, production reached the peak level at $X in 2019; afterwards, it flattened through to 2021.

Exports of Household Washing and Drying Machines

Exports in Africa

In 2021, shipments abroad of household washing and drying machines increased by 54% to X tons for the first time since 2017, thus ending a three-year declining trend. Total exports indicated a noticeable increase from 2012 to 2021: its volume increased at an average annual rate of +2.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when exports increased by 73%. Over the period under review, the exports attained the maximum in 2021 and are likely to see gradual growth in the immediate term.

In value terms, washing and drying machine exports surged to $X in 2021. Overall, exports posted buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Algeria (X tons) represented the key exporter of household washing and drying machines, achieving 68% of total exports. Egypt (X tons) ranks second in terms of the total exports with an 18% share, followed by South Africa (12%).

Algeria was also the fastest-growing in terms of the household washing and drying machines exports, with a CAGR of +9.6% from 2012 to 2021. Egypt (-1.3%) and South Africa (-8.6%) illustrated a downward trend over the same period. Algeria (+31 p.p.) significantly strengthened its position in terms of the total exports, while Egypt and South Africa saw its share reduced by -7.5% and -22.9% from 2012 to 2021, respectively.

In value terms, Algeria ($X), Egypt ($X) and South Africa ($X) were the countries with the highest levels of exports in 2021, together accounting for 99% of total exports.

Among the main exporting countries, Algeria, with a CAGR of +10.8%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Africa stood at $X per ton in 2021, increasing by 15% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.0%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Egypt ($X per ton), while Algeria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+8.7%), while the other leaders experienced more modest paces of growth.

Imports of Household Washing and Drying Machines

Imports in Africa

Washing and drying machine imports stood at X tons in 2021, picking up by 15% on the previous year's figure. Overall, imports, however, showed a slight reduction. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, washing and drying machine imports surged to $X in 2021. In general, imports, however, saw a perceptible descent. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Morocco (X tons) was the key importer of household washing and drying machines, comprising 30% of total imports. Egypt (X tons) ranks second in terms of the total imports with a 13% share, followed by Libya (12%), South Africa (11%) and Nigeria (6.7%). Algeria (X tons), Tunisia (X tons), Angola (X tons), Kenya (X tons) and Ghana (X tons) followed a long way behind the leaders.

Imports into Morocco increased at an average annual rate of +7.3% from 2012 to 2021. At the same time, Kenya (+17.4%), Nigeria (+16.3%), Ghana (+4.2%) and Tunisia (+2.9%) displayed positive paces of growth. Moreover, Kenya emerged as the fastest-growing importer imported in Africa, with a CAGR of +17.4% from 2012-2021. By contrast, Egypt (-3.3%), Libya (-3.5%), South Africa (-7.2%), Angola (-10.9%) and Algeria (-15.5%) illustrated a downward trend over the same period. Morocco (+16 p.p.), Nigeria (+5.1 p.p.) and Kenya (+1.5 p.p.) significantly strengthened its position in terms of the total imports, while Libya, Egypt, Angola, South Africa and Algeria saw its share reduced by -2.8%, -2.8%, -3.2%, -8.1% and -12.6% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Morocco ($X), Egypt ($X) and South Africa ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 57% of total imports. These countries were followed by Libya, Nigeria, Algeria, Tunisia, Angola, Kenya and Ghana, which together accounted for a further 28%.

Nigeria, with a CAGR of +16.3%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Africa stood at $X per ton in 2021, picking up by 4.4% against the previous year. Overall, the import price, however, continues to indicate a slight slump. The pace of growth appeared the most rapid in 2020 when the import price increased by 4.8%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in South Africa ($X per ton) and Egypt ($X per ton), while Tunisia ($X per ton) and Libya ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+4.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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