Russian Federation: Market for Household Washing and Drying Machines 2024

Market Size for Household Washing and Drying Machines in the Russian Federation

In 2021, after four years of growth, there was significant decline in the Russian washing and drying machine market, when its value decreased by -5.9% to $X. Over the period under review, consumption saw a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2020, and then dropped in the following year.

Production of Household Washing and Drying Machines in the Russian Federation

In value terms, washing and drying machine production reduced to $X in 2021 estimated in export price. In general, the total production indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +55.5% against 2015 indices. The growth pace was the most rapid in 2013 when the production volume increased by 23% against the previous year. Over the period under review, production attained the maximum level at $X in 2020, and then dropped in the following year.

Exports of Household Washing and Drying Machines

Exports from the Russian Federation

In 2021, approx. X tons of household washing and drying machines were exported from Russia; surging by 15% compared with the previous year's figure. In general, exports posted resilient growth. The pace of growth appeared the most rapid in 2016 when exports increased by 90% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, washing and drying machine exports soared to $X in 2021. Overall, exports posted a strong expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 81% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Kazakhstan (X tons), Ukraine (X tons) and Poland (X tons) were the main destinations of washing and drying machine exports from Russia, with a combined 53% share of total exports. Belarus, Italy, Azerbaijan, Moldova, Romania, Uzbekistan, Kyrgyzstan, Slovakia and the Czech Republic lagged somewhat behind, together comprising a further 35%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovakia (with a CAGR of +285.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for washing and drying machine exported from Russia were Kazakhstan ($X), Ukraine ($X) and Belarus ($X), together accounting for 56% of total exports. These countries were followed by Azerbaijan, Poland, Italy, Moldova, Uzbekistan, Kyrgyzstan, Romania, the Czech Republic and Slovakia, which together accounted for a further 33%.

In terms of the main countries of destination, Slovakia, with a CAGR of +232.9%, 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 average washing and drying machine export price stood at $X per ton in 2021, rising by 5.5% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 7.8% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Belarus ($X per ton), while the average price for exports to Poland ($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 Azerbaijan (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Household Washing and Drying Machines

Imports into the Russian Federation

In 2021, the amount of household washing and drying machines imported into Russia contracted slightly to X tons, reducing by -2.6% against the year before. Overall, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2017 with an increase of 48%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, washing and drying machine imports expanded markedly to $X in 2021. Over the period under review, imports showed a deep downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 41% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of washing and drying machine to Russia, with a 47% share of total imports. Moreover, washing and drying machine imports from China exceeded the figures recorded by the second-largest supplier, Poland (X tons), threefold. The third position in this ranking was taken by Belarus (X tons), with an 8.9% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at -6.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+4.2% per year) and Belarus (+2.5% per year).

In value terms, China ($X) constituted the largest supplier of household washing and drying machines to Russia, comprising 40% of total imports. The second position in the ranking was taken by Poland ($X), with a 19% share of total imports. It was followed by Turkey, with a 7.5% share.

From 2012 to 2021, the average annual growth rate of value from China stood at -8.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+4.4% per year) and Turkey (+11.8% per year).

Import Prices by Country

In 2021, the average washing and drying machine import price amounted to $X per ton, increasing by 17% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for Serbia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovenia (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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