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Australia - Household Washing and Drying Machines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAustralia's Washing and Drying Machine Price Hits Rock Bottom at $240 per Unit
Australia Washing and Drying Machine Import Price in May 2023
In May 2023, the washing and drying machine price amounted to $240 per unit (CIF, Australia), standing approximately at the previous month. In general, the import price showed a mild slump. The most prominent rate of growth was recorded in August 2022 when the average import price increased by 14% m-o-m. As a result, import price attained the peak level of $327K per thousand units. From September 2022 to May 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($619 per unit), while the price for China ($197 per unit) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.
COUNTRY | Import Price of Washing and Drying Machine in Australia (USD per unit) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | |
Germany | 519 | 542 | 493 | 534 | 513 | 511 | 533 | 553 | 573 | 578 | 521 | 638 | 619 |
South Korea | 634 | 682 | 577 | 569 | 537 | 467 | 474 | 373 | 532 | 591 | 537 | 574 | 534 |
Poland | 337 | 413 | 366 | 417 | 419 | 368 | 395 | 396 | 385 | 396 | 366 | 384 | 390 |
Thailand | 230 | 243 | 224 | 228 | 204 | 219 | 239 | 229 | 219 | 220 | 207 | 207 | 228 |
Turkey | 272 | 224 | 211 | 262 | 222 | 234 | 239 | 283 | 303 | 270 | 217 | 209 | 212 |
China | 270 | 268 | 281 | 300 | 254 | 238 | 242 | 246 | 239 | 240 | 221 | 210 | 197 |
Average | 297 | 302 | 287 | 327 | 292 | 279 | 309 | 309 | 307 | 284 | 261 | 244 | 240 |
Australia Washing and Drying Machine Import Prices by Type
There were significant differences in the average prices amongst the major supplied products. In May 2023, the product with the highest price was drying machines; of a dry linen capacity not exceeding 10kg ($251 per unit), while the price for washing machines; household or laundry-type, with built-in centrifugal drier, (not fully-automatic), of a dry linen capacity not exceeding 10kg ($67.6 per unit) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by washing machines; household or laundry-type, not fully-automatic, without built-in centrifugal drier, of a dry linen capacity not exceeding 10kg (+12.2%), while the prices for the other products experienced a decline.
Australia Washing and Drying Machine Imports
In May 2023, approximately 156K units of household washing and drying machines were imported into Australia; with an increase of 3.8% on the month before. In general, imports, however, continue to indicate a perceptible contraction. The pace of growth appeared the most rapid in February 2023 with an increase of 43% month-to-month. Over the period under review, imports reached the peak figure at 209K units in May 2022; afterwards, it flattened through to May 2023.
In value terms, washing and drying machine imports reached $38M (IndexBox estimates) in May 2023. Over the period under review, imports, however, recorded a pronounced decline. The most prominent rate of growth was recorded in February 2023 when imports increased by 32% against the previous month. Imports peaked at 62M units in May 2022; however, from June 2022 to May 2023, imports failed to regain momentum.
Australia Washing and Drying Machine Imports by Type
In May 2023, washing machines; household or laundry-type, fully-automatic, (of a dry linen capacity not exceeding 10kg) (107K units) constituted the largest type of washing and drying machine supplied to Australia, with a 68% share of total imports. Moreover, washing machines; household or laundry-type, fully-automatic, (of a dry linen capacity not exceeding 10kg) exceeded the figures recorded for the second-largest type, drying machines; of a dry linen capacity not exceeding 10kg (49K units), twofold. Washing machines; household or laundry-type, not fully-automatic, without built-in centrifugal drier, of a dry linen capacity not exceeding 10kg (579 units) ranked third in terms of total imports with a 0.4% share.
From May 2022 to May 2023, the average monthly growth rate of the volume of import of washing machines; household or laundry-type, fully-automatic, (of a dry linen capacity not exceeding 10kg) was relatively modest. With regard to the other supplied products, the following average monthly rates of growth were recorded: drying machines; of a dry linen capacity not exceeding 10kg (-4.6% per month) and washing machines; household or laundry-type, not fully-automatic, without built-in centrifugal drier, of a dry linen capacity not exceeding 10kg (-12.8% per month).
In value terms, washing machines; household or laundry-type, fully-automatic, (of a dry linen capacity not exceeding 10kg) ($25M) constituted the largest type of washing and drying machine supplied to Australia, comprising 67% of total imports. The second position in the ranking was taken by drying machines; of a dry linen capacity not exceeding 10kg ($12M), with a 33% share of total imports. It was followed by washing machines; household or laundry-type, not fully-automatic, without built-in centrifugal drier, of a dry linen capacity not exceeding 10kg, with a 0.1% share.
Australia Washing and Drying Machine Imports by Country
China (69K units), Thailand (39K units) and South Korea (5.5K units) were the main suppliers of washing and drying machine imports to Australia, together accounting for 73% of total imports. Poland, Germany and Turkey lagged somewhat behind, together accounting for a further 5.4%.
From May 2022 to May 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +4.0%), while imports for the other leaders experienced mixed trend patterns.
In value terms, the largest washing and drying machine suppliers to Australia were China ($14M), Thailand ($9M) and South Korea ($3M), with a combined 68% share of total imports. Poland, Germany and Turkey lagged somewhat behind, together accounting for a further 9.3%.
Turkey, with a CAGR of +1.8%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.
This report provides an in-depth analysis of the market for washing and drying machine in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27511300 - Cloth washing and drying machines, of the household type
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023