Central Asia: Market for Household Washing and Drying Machines 2024

Market Size for Household Washing and Drying Machines in Central Asia

The Central Asian washing and drying machine market skyrocketed to $X in 2021, picking up by 21% against the previous year. The total consumption indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +4.2% 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 increased by +89.1% against 2013 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Household Washing and Drying Machines in Central Asia

In value terms, washing and drying machine production expanded slightly to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by 77%. The level of production peaked at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

Exports of Household Washing and Drying Machines

Exports in Central Asia

Washing and drying machine exports skyrocketed to X tons in 2021, picking up by 26% against 2020 figures. Overall, exports recorded significant growth. The pace of growth appeared the most rapid in 2015 with an increase of 565% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to see gradual growth in the near future.

In value terms, washing and drying machine exports soared to $X in 2021. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 397%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

Exports by Country

Uzbekistan (X tons) and Kyrgyzstan (X tons) represented roughly 88% of total exports in 2021. It was distantly followed by Kazakhstan (X tons), comprising a 12% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Kyrgyzstan (with a CAGR of +87.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Uzbekistan ($X) remains the largest washing and drying machine supplier in Central Asia, comprising 71% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with an 18% share of total exports.

In Uzbekistan, washing and drying machine exports expanded at an average annual rate of +32.8% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Kyrgyzstan (+61.8% per year) and Kazakhstan (+44.7% per year).

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2021, surging by 5% against the previous year. Over the last nine years, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2014 when the export price increased by 21%. The level of export peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of origin: the country with the highest price was Uzbekistan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+3.9%), while the other leaders experienced mixed trends in the export price figures.

Imports of Household Washing and Drying Machines

Imports in Central Asia

In 2021, washing and drying machine imports in Central Asia skyrocketed to X tons, with an increase of 31% against 2020. Over the period under review, imports enjoyed buoyant growth. The growth pace was the most rapid in 2017 with an increase of 65%. The volume of import peaked in 2021 and is expected to retain growth in years to come.

In value terms, washing and drying machine imports soared to $X in 2021. Overall, imports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2017 with an increase of 70%. The level of import peaked in 2021 and is likely to continue growth in years to come.

Imports by Country

In 2021, Kazakhstan (X tons) represented the main importer of household washing and drying machines, constituting 65% of total imports. Uzbekistan (X tons) ranks second in terms of the total imports with a 15% share, followed by Mongolia (6.2%), Turkmenistan (4.8%) and Tajikistan (4.8%). Kyrgyzstan (X tons) followed a long way behind the leaders.

Imports into Kazakhstan increased at an average annual rate of +8.6% from 2012 to 2021. At the same time, Uzbekistan (+68.3%), Mongolia (+8.3%) and Tajikistan (+6.8%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +68.3% from 2012-2021. By contrast, Kyrgyzstan (-2.3%) and Turkmenistan (-2.6%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Uzbekistan increased by +15 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported household washing and drying machines in Central Asia, comprising 65% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a 15% share of total imports. It was followed by Mongolia, with a 6.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Kazakhstan amounted to +6.1%. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (+57.3% per year) and Mongolia (+5.1% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2021, rising by 5.3% against the previous year. In general, the import price, however, continues to indicate a noticeable slump. The level of import peaked at $X per ton in 2012; however, from 2013 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 Tajikistan ($X per ton) and Mongolia ($X per ton), while Kyrgyzstan ($X per ton) and Uzbekistan ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tajikistan (+0.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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