Brazil: Market for Household Washing and Drying Machines 2024

Market Size for Household Washing and Drying Machines in Brazil

After two years of growth, the Brazilian washing and drying machine market decreased by -3.5% to $X in 2021. Over the period under review, consumption continues to indicate a noticeable descent. Washing and drying machine consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Production of Household Washing and Drying Machines in Brazil

In value terms, washing and drying machine production contracted to $X in 2021 estimated in export price. Overall, production recorded a abrupt setback. The most prominent rate of growth was recorded in 2013 when the production volume increased by 2.4%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Exports of Household Washing and Drying Machines

Exports from Brazil

In 2021, overseas shipments of household washing and drying machines increased by 78% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports, however, showed a slight decline. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, washing and drying machine exports skyrocketed to $X in 2021. In general, exports, however, saw a perceptible curtailment. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Paraguay (X tons) was the main destination for washing and drying machine exports from Brazil, with a 66% share of total exports. Moreover, washing and drying machine exports to Paraguay exceeded the volume sent to the second major destination, Argentina (X tons), fourfold. The third position in this ranking was taken by Uruguay (X tons), with an 8.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Paraguay was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (+34.4% per year) and Uruguay (+23.4% per year).

In value terms, Paraguay ($X) remains the key foreign market for household washing and drying machines exports from Brazil, comprising 66% of total exports. The second position in the ranking was taken by Argentina ($X), with a 17% share of total exports. It was followed by Uruguay, with a 9.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Paraguay amounted to -3.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (+31.9% per year) and Uruguay (+18.6% per year).

Export Prices by Country

In 2021, the average washing and drying machine export price amounted to $X per ton, increasing by 13% against the previous year. Overall, the export price, however, continues to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2018 when the average export price increased by 50%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Uruguay ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (-1.9%), while the prices for the other major destinations experienced a decline.

Imports of Household Washing and Drying Machines

Imports into Brazil

In 2021, overseas purchases of household washing and drying machines increased by 223% to X tons for the first time since 2017, thus ending a three-year declining trend. Overall, imports, however, showed a abrupt decline. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, washing and drying machine imports surged to $X in 2021. In general, imports, however, continue to indicate a abrupt decrease. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest washing and drying machine supplier to Brazil, with a 55% share of total imports. Moreover, washing and drying machine imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold. Thailand (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at -17.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+27.7% per year) and Thailand (+85.3% per year).

In value terms, China ($X), the United States ($X) and Thailand ($X) constituted the largest washing and drying machine suppliers to Brazil, with a combined 87% share of total imports.

Thailand, with a CAGR of +58.9%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average washing and drying machine import price stood at $X per ton in 2021, with a decrease of -22% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 61%. As a result, import price attained the peak level of $X per ton, and then fell remarkably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for China ($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 Korea (+1.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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