EU: Laundry Machine Market 2024

Laundry Machine Market Size in the EU

In 2021, the EU laundry machine market decreased by -20.7% to $X for the first time since 2018, thus ending a two-year rising trend. Overall, consumption showed a noticeable decline. As a result, consumption reached the peak level of $X, and then declined significantly in the following year.

Laundry Machine Production in the EU

In value terms, laundry machine production totaled $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 19%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Laundry Machine Exports

Exports in the EU

In 2021, shipments abroad of washing, bleaching or dyeing machines was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +2.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 with an increase of 22% against the previous year. The volume of export peaked at X units in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, laundry machine exports surged to $X in 2021. The total export value increased at an average annual rate of +2.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 with an increase of 25% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Italy (X units) and Germany (X units) represented the key exporters of washing, bleaching or dyeing machines in the European Union, together creating 72% of total exports. It was distantly followed by Spain (X units) and Greece (X units), together creating a 20% share of total exports. The following exporters - the Netherlands (X units) and Poland (X units) - each accounted for a 3.4% 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 Poland (with a CAGR of +7.3%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and Greece ($X) were the countries with the highest levels of exports in 2021, with a combined 89% share of total exports. These countries were followed by Spain, the Netherlands and Poland, which together accounted for a further 7.7%.

Among the main exporting countries, the Netherlands, with a CAGR of +11.1%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per unit in 2021, approximately reflecting the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 11%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per unit), while Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.2%), while the other leaders experienced more modest paces of growth.

Laundry Machine Imports

Imports in the EU

Laundry machine imports declined to X units in 2021, waning by -7.9% against the year before. The total import volume increased at an average annual rate of +2.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 when imports increased by 24%. As a result, imports attained the peak of X units. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, laundry machine imports reached $X in 2021. The total import value increased at an average annual rate of +1.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when imports increased by 28% against the previous year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X units), France (X units), Italy (X units), the Netherlands (X units) and Portugal (X units) represented roughly 75% of total imports in 2021. It was distantly followed by Romania (X units), constituting a 5.7% share of total imports. Spain (X units) held a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the Netherlands (with a CAGR of +15.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and Portugal ($X) were the countries with the highest levels of imports in 2021, together comprising 57% of total imports. These countries were followed by Italy, the Netherlands, Romania and Spain, which together accounted for a further 28%.

The Netherlands, with a CAGR of +15.5%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in the European Union amounted to $X per unit, growing by 9.2% against the previous year. In general, the import price, however, continues to indicate a mild slump. The most prominent rate of growth was recorded in 2019 an increase of 22% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Portugal ($X per unit), while Romania ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+2.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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