Malta: Washing Machine Market 2020

Washing Machine Market Size in Malta

The revenue of the washing machine market in Malta amounted to $X in 2018, dropping by -X% 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, the total market indicated a conspicuous expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, washing machine consumption increased by +X% against 2010 indices. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Over the period under review, the washing machine market attained its maximum level at $X in 2017, and then declined slightly in the following year.

Washing Machine Exports

Exports from Malta

In 2018, the washing machine exports from Malta totaled X units, lowering by -X% against the previous year. Overall, washing machine exports continue to indicate a drastic deduction. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Malta exports peaked at X units in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, washing machine exports amounted to $X in 2018. Overall, washing machine exports continue to indicate an abrupt slump. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, washing machine exports attained their maximum at $X in 2007; however, from 2008 to 2018, exports remained at a lower figure.

Exports by Country

In 2018, China (X units), distantly followed by Poland (X units), Thailand (X units) and Turkey (X units) represented the major exporters of household washing and drying machines, together creating X% of total exports. The following exporters - Germany (X units), Slovakia (X units), Italy (X units), Mexico (X units) and Russia (X units) - together made up X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Russia, while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Poland ($X) and Turkey ($X) appeared to be the countries with the highest levels of exports in 2018, together accounting for X% of total exports. Thailand, Germany, Italy, Slovakia, Mexico, Russia and Malta lagged somewhat behind, together accounting for a further X recorded the highest growth rate of exports, among the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the washing machine export price in Malta amounted to $X per unit, dropping by -X% against the previous year. Overall, the washing machine export price continues to indicate a drastic deduction. The most prominent rate of growth was recorded in 2016 when the export price increased by X% year-to-year. In that year, the export prices for household washing and drying machines reached their peak level of $X per unit. From 2017 to 2018, the growth in terms of the export prices for household washing and drying machines remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Germany ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the other leaders experienced mixed trends in the export price figures.

Washing Machine Imports

Imports into Malta

In 2018, approx. X units of household washing and drying machines were imported into Malta; declining by -X% against the previous year. Overall, washing machine imports, however, continue to indicate strong growth. The growth pace was the most rapid in 2011 when imports increased by X% y-o-y. Malta imports peaked at X units in 2017, and then declined slightly in the following year.

In value terms, washing machine imports amounted to $X in 2018. Overall, the total imports indicated a temperate increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, washing machine imports increased by +X% against 2010 indices. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, washing machine imports reached their peak figure at $X in 2017, and then declined slightly in the following year.

Imports by Country

Germany (X units), the UK (X units), France (X units), Japan (X units), Italy (X units), the U.S. (X units), Spain (X units), Australia (X units), Sweden (X units), the United Arab Emirates (X units), Russia (X units) and Venezuela (X units) represented roughly X% of total imports of household washing and drying machines in 2018.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Venezuela, while the other leaders experienced more modest paces of growth.

In value terms, the largest washing machine importing markets into Malta were Germany ($X), the UK ($X) and Japan ($X), with a combined X% share of total imports.

Among the main importing countries, Japan recorded the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The washing machine import price in Malta stood at $X per unit in 2018, jumping by X% against the previous year. In general, the washing machine import price, however, continues to indicate a measured deduction. The pace of growth was the most pronounced in 2012 when the import price increased by X% against the previous year. Malta import price peaked at $X per unit in 2008; however, from 2009 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Australia ($X per unit), while Venezuela ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Japan, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform