Slovakia: Market for Household Washing and Drying Machines 2025

Market Size for Household Washing and Drying Machines in Slovakia

The Slovak washing and drying machine market fell to $X in 2021, waning by -12.8% against the previous year. In general, consumption continues to indicate a pronounced downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Household Washing and Drying Machines in Slovakia

In value terms, washing and drying machine production shrank slightly to $X in 2021 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by 16%. Washing and drying machine production peaked at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Exports of Household Washing and Drying Machines

Exports from Slovakia

In 2021, overseas shipments of household washing and drying machines increased by 3.6% to X tons, rising for the third consecutive year after three years of decline. In general, total exports indicated a tangible expansion from 2012 to 2021: its volume increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +7.2% against 2018 indices. The growth pace was the most rapid in 2014 with an increase of 24% against the previous year. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, washing and drying machine exports expanded rapidly to $X in 2021. Overall, total exports indicated a modest expansion from 2012 to 2021: its value increased at an average annual rate of +1.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +7.1% against 2019 indices. The growth pace was the most rapid in 2014 when exports increased by 28% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

France (X tons), Poland (X tons) and Italy (X tons) were the main destinations of washing and drying machine exports from Slovakia, together comprising 46% of total exports. These countries were followed by the Czech Republic, Germany, Spain, Hungary, Romania, Sweden, Russia, the Netherlands, the UK and Ukraine, which together accounted for a further 40%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +15.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for washing and drying machine exported from Slovakia were France ($X), the Czech Republic ($X) and Poland ($X), with a combined 45% share of total exports. These countries were followed by Italy, Germany, Hungary, Spain, Romania, Sweden, Russia, the Netherlands, the UK and Ukraine, which together accounted for a further 41%.

Among the main countries of destination, Spain, with a CAGR of +13.9%, recorded the highest growth rate of 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, increasing by 2.3% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 11% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Poland ($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 Germany (+1.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Household Washing and Drying Machines

Imports into Slovakia

In 2021, after two years of decline, there was significant growth in purchases abroad of household washing and drying machines, when their volume increased by 5.7% to X tons. Overall, imports enjoyed strong growth. The pace of growth appeared the most rapid in 2014 when imports increased by 43%. Over the period under review, imports attained the peak figure in 2021 and are likely to continue growth in the immediate term.

In value terms, washing and drying machine imports soared to $X in 2021. In general, imports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 51%. Imports peaked in 2021 and are likely to see gradual growth in years to come.

Imports by Country

The Czech Republic (X tons), Poland (X tons) and China (X tons) were the main suppliers of washing and drying machine imports to Slovakia, with a combined 80% share of total imports. Russia, Germany, Turkey and Italy lagged somewhat behind, together comprising a further 19%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Russia (with a CAGR of +53.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Poland ($X) and China ($X) were the largest washing and drying machine suppliers to Slovakia, together comprising 84% of total imports. These countries were followed by Russia, Germany, Turkey and Italy, which together accounted for a further 16%.

Russia, with a CAGR of +44.5%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average washing and drying machine import price amounted to $X per ton, rising by 9.4% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+7.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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