CIS: Market for Household Washing and Drying Machines 2024

Market Size for Household Washing and Drying Machines in CIS

The CIS washing and drying machine market surged to $X in 2021, growing by 16% against the previous year. The total consumption indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +3.5% 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 +71.0% against 2013 indices. Over the period under review, the market attained the peak level in 2021 and is likely to see gradual growth in years to come.

Production of Household Washing and Drying Machines in CIS

In value terms, washing and drying machine production contracted to $X in 2021 estimated in export price. Overall, production, however, recorded a mild decline. The most prominent rate of growth was recorded in 2014 when the production volume increased by 24%. The level of production peaked at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Exports of Household Washing and Drying Machines

Exports in CIS

Washing and drying machine exports reached X tons in 2021, picking up by 13% against the previous year. Over the period under review, exports showed a strong expansion. The growth pace was the most rapid in 2016 with an increase of 75%. The volume of export peaked in 2021 and is expected to retain growth in years to come.

In value terms, washing and drying machine exports surged to $X in 2021. Overall, exports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2016 with an increase of 69%. The level of export peaked in 2021 and is expected to retain growth in years to come.

Exports by Country

Russia dominates exports structure, reaching X tons, which was approx. 89% of total exports in 2021. It was distantly followed by Belarus (X tons), mixing up a 7.5% share of total exports. Uzbekistan (X tons) held a relatively small share of total exports.

Exports from Russia increased at an average annual rate of +15.7% from 2012 to 2021. At the same time, Uzbekistan (+30.5%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +30.5% from 2012-2021. By contrast, Belarus (-2.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Russia and Uzbekistan increased by +17 and +1.6 percentage points, respectively.

In value terms, Russia ($X) remains the largest washing and drying machine supplier in the CIS, comprising 89% of total exports. The second position in the ranking was taken by Belarus ($X), with a 6.5% share of total exports.

In Russia, washing and drying machine exports expanded at an average annual rate of +15.8% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Belarus (-2.3% per year) and Uzbekistan (+32.8% per year).

Export Prices by Country

The export price in the CIS stood at $X per ton in 2021, surging by 5.9% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 7.7%. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+1.8%), while the other leaders experienced mixed trends in the export price figures.

Imports of Household Washing and Drying Machines

Imports in CIS

In 2021, overseas purchases of household washing and drying machines increased by 9.7% to X tons, rising for the fifth year in a row after four years of decline. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by 52%. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, washing and drying machine imports skyrocketed to $X in 2021. Over the period under review, imports, however, continue to indicate a mild curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 50% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Russia was the major importing country with an import of about X tons, which resulted at 47% of total imports. It was distantly followed by Kazakhstan (X tons), Belarus (X tons), Azerbaijan (X tons) and Uzbekistan (X tons), together generating a 44% share of total imports. The following importers - Moldova (X tons) and Tajikistan (X tons) - together made up 5.5% of total imports.

From 2012 to 2021, the biggest increases were recorded for Uzbekistan (with a CAGR of +68.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constitutes the largest market for imported household washing and drying machines in the CIS, comprising 46% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a 22% share of total imports. It was followed by Belarus, with a 9.7% share.

In Russia, washing and drying machine imports contracted by an average annual rate of -6.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Kazakhstan (+6.1% per year) and Belarus (+6.4% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2021, rising by 11% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. Over the period under review, import prices reached the maximum at $X per ton in 2013; however, from 2014 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 Belarus ($X per ton) and Moldova ($X per ton), while Uzbekistan ($X per ton) and Kazakhstan ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Azerbaijan (+4.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :