Thailand: Market for Household Washing and Drying Machines 2025

Market Size for Household Washing and Drying Machines in Thailand

The Thai washing and drying machine market surged to $X in 2021, growing by 37% against the previous year. Over the period under review, consumption recorded a buoyant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Household Washing and Drying Machines in Thailand

In value terms, washing and drying machine production rose to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 when the production volume increased by 37%. As a result, production attained the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Exports of Household Washing and Drying Machines

Exports from Thailand

In 2021, overseas shipments of household washing and drying machines decreased by -64.9% to X tons, falling for the fourth year in a row after two years of growth. In general, exports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2017 when exports increased by 43%. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, washing and drying machine exports rose rapidly to $X in 2021. Overall, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 42%. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Japan (X tons), Vietnam (X tons) and Australia (X tons) were the main destinations of washing and drying machine exports from Thailand, together comprising 64% of total exports. The United Arab Emirates, Indonesia, the United States, South Korea, Cambodia, Sweden, Singapore, Hong Kong SAR, Malaysia and Saudi Arabia lagged somewhat behind, together comprising a further 24%.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +18.9%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the United States ($X), Japan ($X) and Vietnam ($X) constituted the largest markets for washing and drying machine exported from Thailand worldwide, together comprising 49% of total exports. These countries were followed by South Korea, Australia, Indonesia, Malaysia, Cambodia, Sweden, Singapore, the United Arab Emirates, Hong Kong SAR and Saudi Arabia, which together accounted for a further 31%.

In terms of the main countries of destination, South Korea, with a CAGR of +52.0%, saw 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

In 2021, the average washing and drying machine export price amounted to $X per ton, picking up by 199% against the previous year. In general, the export price recorded prominent growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to the United Arab Emirates ($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 the United States (+38.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Household Washing and Drying Machines

Imports into Thailand

In 2021, purchases abroad of household washing and drying machines decreased by -41.5% to X tons, falling for the second consecutive year after four years of growth. Overall, imports, however, showed a strong increase. The most prominent rate of growth was recorded in 2018 when imports increased by 152% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, washing and drying machine imports stood at $X in 2021. In general, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2018 when imports increased by 157%. Over the period under review, imports reached the peak figure in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of washing and drying machine to Thailand, with a 84% share of total imports. Moreover, washing and drying machine imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), more than tenfold. The United Arab Emirates (X tons) ranked third in terms of total imports with a 3.4% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +19.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+73.8% per year) and the United Arab Emirates (+124.9% per year).

In value terms, China ($X) constituted the largest supplier of household washing and drying machines to Thailand, comprising 83% of total imports. The second position in the ranking was held by Vietnam ($X), with a 5.7% share of total imports. It was followed by Poland, with a 2.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +32.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+89.2% per year) and Poland (+4.1% per year).

Import Prices by Country

In 2021, the average washing and drying machine import price amounted to $X per ton, growing by 82% against the previous year. Overall, the import price recorded a resilient increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+26.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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