Central Asia: Laundry Machine Market 2024

Laundry Machine Market Size in Central Asia

The Central Asian laundry machine market soared to $X in 2021, growing by 41% against the previous year. In general, consumption showed a strong expansion. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Laundry Machine Production in Central Asia

In value terms, laundry machine production reached $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.0% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2015 when the production volume increased by 4.5%. Over the period under review, production hit record highs at $X in 2019; afterwards, it flattened through to 2021.

Laundry Machine Exports

Exports in Central Asia

Laundry machine exports was estimated at X units in 2021, therefore, remained relatively stable against 2020 figures. Over the period under review, exports showed a abrupt slump. The pace of growth was the most pronounced in 2016 when exports increased by 1,300%. As a result, the exports reached the peak of X units. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, laundry machine exports contracted remarkably to $X in 2021. Overall, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2013 with an increase of 851%. The level of export peaked at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Kazakhstan was the key exporting country with an export of around X units, which accounted for 67% of total exports. It was distantly followed by Kyrgyzstan (X units), constituting a 33% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Kazakhstan (with a CAGR of -13.0%).

In value terms, Kyrgyzstan ($X) emerged as the largest laundry machine supplier in Central Asia, comprising 69% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 31% share of total exports.

In Kyrgyzstan, laundry machine exports contracted by an average annual rate of -42.6% over the period from 2012-2021.

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2021, falling by -80.4% against the previous year. Overall, the export price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2015 when the export price increased by 879%. As a result, the export price attained the peak level of $X per unit. From 2016 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Kyrgyzstan ($X per unit), while Kazakhstan stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (-18.3%).

Laundry Machine Imports

Imports in Central Asia

Laundry machine imports skyrocketed to X units in 2021, jumping by 219% on the previous year. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 372% against the previous year. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, laundry machine imports skyrocketed to $X in 2021. Over the period under review, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of 1,650%. The level of import peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Turkmenistan (X units) represented the main importer of washing, bleaching or dyeing machines, comprising 63% of total imports. It was distantly followed by Kazakhstan (X units), comprising a 33% share of total imports. Uzbekistan (X units) took a minor share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Uzbekistan (with a CAGR of +17.1%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Uzbekistan ($X) constitutes the largest market for imported washing, bleaching or dyeing machines in Central Asia, comprising 84% of total imports. The second position in the ranking was held by Turkmenistan ($X), with a 13% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in Uzbekistan totaled -10.0%. The remaining importing countries recorded the following average annual rates of imports growth: Turkmenistan (-6.0% per year) and Kazakhstan (+6.4% per year).

Import Prices by Country

The import price in Central Asia stood at $X per unit in 2021, waning by -57.3% against the previous year. Over the period under review, the import price, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2017 an increase of 2,786% against the previous year. As a result, import price reached the peak level of $X per unit. From 2018 to 2021, the import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (-2.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :