United Arab Emirates: Market for Household Washing and Drying Machines 2024

Market Size for Household Washing and Drying Machines in the United Arab Emirates

For the third year in a row, the washing and drying machine market in the United Arab Emirates recorded growth in sales value, which increased by 7.1% to $X in 2021. In general, the total consumption indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +5.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +117.4% against 2018 indices. Washing and drying machine consumption peaked in 2021 and is likely to see steady growth in years to come.

Exports of Household Washing and Drying Machines

Exports from the United Arab Emirates

In 2021, shipments abroad of household washing and drying machines increased by 168% to X tons for the first time since 2017, thus ending a three-year declining trend. Overall, exports, however, showed a abrupt decrease. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, washing and drying machine exports soared to $X in 2021. In general, exports, however, saw a abrupt decrease. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Oman (X tons) was the main destination for washing and drying machine exports from the United Arab Emirates, accounting for a 27% share of total exports. Moreover, washing and drying machine exports to Oman exceeded the volume sent to the second major destination, Israel (X tons), twofold. The third position in this ranking was held by Iran (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Oman amounted to +1.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (+5,897.1% per year) and Iran (+1.5% per year).

In value terms, Oman ($X) remains the key foreign market for household washing and drying machines exports from the United Arab Emirates, comprising 36% of total exports. The second position in the ranking was taken by Iran ($X), with a 13% share of total exports. It was followed by Israel, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Oman totaled +5.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iran (+4.3% per year) and Israel (+4,374.4% per year).

Export Prices by Country

In 2021, the average washing and drying machine export price amounted to $X per ton, rising by 4.5% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 12% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Armenia ($X per ton), while the average price for exports to Tanzania ($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 Armenia (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Household Washing and Drying Machines

Imports into the United Arab Emirates

For the third consecutive year, the United Arab Emirates recorded growth in supplies from abroad of household washing and drying machines, which increased by 7.6% to X tons in 2021. Overall, imports posted a prominent increase. The growth pace was the most rapid in 2019 with an increase of 69%. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, washing and drying machine imports expanded notably to $X in 2021. Over the period under review, total imports indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +98.8% against 2018 indices. The growth pace was the most rapid in 2017 when imports increased by 48%. Imports peaked in 2021 and are likely to see gradual growth in the near future.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of washing and drying machine to the United Arab Emirates, with a 52% share of total imports. Moreover, washing and drying machine imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold. The third position in this ranking was taken by Poland (X tons), with a 4.3% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+23.3% per year) and Poland (+12.9% per year).

In value terms, China ($X) constituted the largest supplier of household washing and drying machines to the United Arab Emirates, comprising 49% of total imports. The second position in the ranking was taken by Turkey ($X), with a 19% share of total imports. It was followed by Germany, with a 4.3% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+22.1% per year) and Germany (+8.2% per year).

Import Prices by Country

In 2021, the average washing and drying machine import price amounted to $X per ton, growing by 2.1% against the previous year. In general, the import price, however, recorded a noticeable reduction. The most prominent rate of growth was recorded in 2020 an increase of 4.4% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+0.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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