Australia and Oceania: Laundry Machine Market 2024

Laundry Machine Market Size in Australia and Oceania

The laundry machine market in Australia and Oceania surged to $X in 2021, rising by 73% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Laundry Machine Production in Australia and Oceania

In value terms, laundry machine production expanded remarkably to $X in 2021 estimated in export price. The total production indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +3.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -10.1% against 2019 indices. The pace of growth was the most pronounced in 2019 when the production volume increased by 74% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Laundry Machine Exports

Exports in Australia and Oceania

For the third year in a row, Australia and Oceania recorded growth in overseas shipments of washing, bleaching or dyeing machines, which increased by 24% to X units in 2021. In general, exports enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2017 with an increase of 461% against the previous year. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, laundry machine exports declined to $X in 2021. Overall, exports, however, saw a slight shrinkage. The pace of growth appeared the most rapid in 2014 when exports increased by 156% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

New Zealand prevails in exports structure, finishing at X units, which was near 90% of total exports in 2021. It was distantly followed by Australia (X units), generating an 8.2% share of total exports.

New Zealand was also the fastest-growing in terms of the washing, bleaching or dyeing machines exports, with a CAGR of +12.2% from 2012 to 2021. Australia (-10.6%) illustrated a downward trend over the same period. New Zealand (+32 p.p.) significantly strengthened its position in terms of the total exports, while Australia saw its share reduced by -32.4% from 2012 to 2021, respectively.

In value terms, New Zealand ($X) emerged as the largest laundry machine supplier in Australia and Oceania, comprising 74% of total exports. The second position in the ranking was taken by Australia ($X), with a 25% share of total exports.

From 2012 to 2021, the average annual growth rate of value in New Zealand was relatively modest.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per unit, falling by -28.3% against the previous year. Over the period under review, the export price saw a deep downturn. The most prominent rate of growth was recorded in 2016 when the export price increased by 490% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2017 to 2021, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Australia ($X per unit), while New Zealand stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+4.1%).

Laundry Machine Imports

Imports in Australia and Oceania

In 2021, overseas purchases of washing, bleaching or dyeing machines increased by 44% to X units, rising for the second year in a row after five years of decline. Over the period under review, imports, however, recorded a perceptible slump. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, laundry machine imports expanded markedly to $X in 2021. Overall, imports, however, recorded a abrupt contraction. The pace of growth appeared the most rapid in 2013 when imports increased by 23%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Samoa was the largest importing country with an import of around X units, which finished at 41% of total imports. Australia (X units) ranks second in terms of the total imports with a 23% share, followed by Solomon Islands (12%) and New Zealand (8.4%). Palau (X units), French Polynesia (X units) and Micronesia (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Micronesia (with a CAGR of +50.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) constitutes the largest market for imported washing, bleaching or dyeing machines in Australia and Oceania, comprising 65% of total imports. The second position in the ranking was held by New Zealand ($X), with a 14% share of total imports. It was followed by Samoa, with an 8.4% share.

In Australia, laundry machine imports shrank by an average annual rate of -8.0% over the period from 2012-2021. In the other countries, the average annual rates were as follows: New Zealand (+2.4% per year) and Samoa (+22.1% per year).

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per unit, which is down by -25.2% against the previous year. In general, the import price showed a noticeable setback. The pace of growth appeared the most rapid in 2019 an increase of 13% against the previous year. As a result, import price attained the peak level of $X per unit. From 2020 to 2021, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Australia ($X per unit), while Palau ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+13.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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