Malaysia: Market for Household Washing and Drying Machines 2025

Market Size for Household Washing and Drying Machines in Malaysia

The Malaysian washing and drying machine market rose notably to $X in 2021, growing by 9.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Exports of Household Washing and Drying Machines

Exports from Malaysia

In 2021, shipments abroad of household washing and drying machines decreased by -66.6% to X tons, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2018 when exports increased by 87% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, washing and drying machine exports reduced markedly to $X in 2021. Over the period under review, exports faced a deep slump. The most prominent rate of growth was recorded in 2018 when exports increased by 111% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Vietnam (X tons), the United States (X tons) and Singapore (X tons) were the main destinations of washing and drying machine exports from Malaysia, together comprising 61% of total exports. The United Arab Emirates, Brunei Darussalam, Hong Kong SAR, Nigeria and Thailand lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hong Kong SAR (with a CAGR of +69.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for washing and drying machine exported from Malaysia were Vietnam ($X), the United States ($X) and Singapore ($X), with a combined 61% share of total exports. Hong Kong SAR, Brunei Darussalam, the United Arab Emirates, Thailand and Nigeria lagged somewhat behind, together accounting for a further 30%.

Hong Kong SAR, with a CAGR of +144.6%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average washing and drying machine export price amounted to $X per ton, picking up by 16% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 18% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to the United Arab Emirates ($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 Hong Kong SAR (+43.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Household Washing and Drying Machines

Imports into Malaysia

In 2021, washing and drying machine imports into Malaysia rose sharply to X tons, with an increase of 7.5% against 2020. The total import volume increased at an average annual rate of +1.5% over the period 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 23%. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, washing and drying machine imports amounted to $X in 2021. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 27%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest washing and drying machine supplier to Malaysia, accounting for a 65% share of total imports. Moreover, washing and drying machine imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +12.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-8.7% per year) and Vietnam (+7.7% per year).

In value terms, China ($X) constituted the largest supplier of household washing and drying machines to Malaysia, comprising 65% of total imports. The second position in the ranking was held by Thailand ($X), with a 24% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China stood at +10.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-10.7% per year) and Vietnam (+5.1% per year).

Import Prices by Country

In 2021, the average washing and drying machine import price amounted to $X per ton, approximately reflecting the previous year. Over the period under review, the import price, however, continues to indicate a perceptible slump. The pace of growth was the most pronounced in 2014 an increase of 4.6% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was China ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-1.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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