Benelux: Laundry Machine Market 2024

Laundry Machine Market Size in Benelux

For the third consecutive year, the Benelux laundry machine market recorded growth in sales value, which increased by 13% to $X in 2021. The total consumption indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +86.6% against 2016 indices. The level of consumption peaked in 2021 and is likely to continue growth in the immediate term.

Laundry Machine Production in Benelux

In value terms, laundry machine production soared to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.2% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2019 when the production volume increased by 28%. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Laundry Machine Exports

Exports in Benelux

In 2021, shipments abroad of washing, bleaching or dyeing machines was finally on the rise to reach X units after two years of decline. Overall, exports, however, continue to indicate a noticeable descent. The growth pace was the most rapid in 2018 with an increase of 98%. The volume of export peaked at X units in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, laundry machine exports surged to $X in 2021. In general, exports enjoyed a measured expansion. The growth pace was the most rapid in 2018 when exports increased by 266% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

The Netherlands was the main exporter of washing, bleaching or dyeing machines in Benelux, with the volume of exports recording X units, which was approx. 71% of total exports in 2021. It was distantly followed by Belgium (X units), generating a 29% share of total exports.

The Netherlands was also the fastest-growing in terms of the washing, bleaching or dyeing machines exports, with a CAGR of +3.7% from 2012 to 2021. Belgium (-12.3%) illustrated a downward trend over the same period. While the share of the Netherlands (+36 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Belgium (-35.5 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) remains the largest laundry machine supplier in Benelux, comprising 71% of total exports. The second position in the ranking was taken by Belgium ($X), with a 29% share of total exports.

From 2012 to 2021, the average annual growth rate of value in the Netherlands stood at +11.1%.

Export Prices by Country

In 2021, the export price in Benelux amounted to $X per unit, jumping by 15% against the previous year. In general, the export price showed a resilient increase. The growth pace was the most rapid in 2013 when the export price increased by 100% against the previous year. The level of export peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was the Netherlands ($X per unit), while Belgium amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.2%).

Laundry Machine Imports

Imports in Benelux

In 2021, purchases abroad of washing, bleaching or dyeing machines increased by 25% to X units, rising for the second year in a row after two years of decline. Overall, imports recorded a strong increase. The pace of growth was the most pronounced in 2020 when imports increased by 271% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, laundry machine imports contracted to $X in 2021. In general, imports recorded a buoyant increase. The pace of growth was the most pronounced in 2020 when imports increased by 116% against the previous year. As a result, imports reached the peak of $X, and then reduced in the following year.

Imports by Country

The Netherlands dominates imports structure, amounting to X units, which was near 92% of total imports in 2021. It was distantly followed by Belgium (X units), generating an 8.1% share of total imports.

The Netherlands was also the fastest-growing in terms of the washing, bleaching or dyeing machines imports, with a CAGR of +15.4% from 2012 to 2021. Belgium (-14.7%) illustrated a downward trend over the same period. The Netherlands (+49 p.p.) significantly strengthened its position in terms of the total imports, while Belgium saw its share reduced by -48.8% from 2012 to 2021, respectively.

In value terms, the Netherlands ($X) constitutes the largest market for imported washing, bleaching or dyeing machines in Benelux, comprising 85% of total imports. The second position in the ranking was held by Belgium ($X), with a 15% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in the Netherlands amounted to +15.5%.

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per unit, reducing by -26% against the previous year. Over the period under review, the import price, however, saw a mild expansion. The pace of growth was the most pronounced in 2014 an increase of 72%. Over the period under review, import prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Belgium ($X per unit), while the Netherlands stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+10.0%).

Source: IndexBox Platform