CIS: Market for Household Washing and Drying Machines 2024

Market Size for Household Washing and Drying Machines in CIS

In 2022, the CIS washing and drying machine market decreased by X% to $X, falling for the second consecutive year after five years of growth. Over the period under review, consumption recorded a noticeable setback. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Household Washing and Drying Machines in CIS

In value terms, washing and drying machine production declined modestly to $X in 2022 estimated in export price. The total production indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2019; afterwards, it flattened through to 2022.

Exports of Household Washing and Drying Machines

Exports in CIS

In 2022, approx. X units of household washing and drying machines were exported in the CIS; increasing by X% against the year before. In general, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, washing and drying machine exports fell to $X in 2022. Overall, exports showed a buoyant increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then contracted in the following year.

Exports by Country

Russia dominates exports structure, amounting to X units, which was approx. X% of total exports in 2022. Uzbekistan (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Belarus (X%). Kazakhstan (X units) took a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to washing and drying machine exports from Russia stood at X%. At the same time, Kazakhstan (X%) and Uzbekistan (X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Belarus (X%) illustrated a downward trend over the same period. While the share of Russia (X p.p.), Uzbekistan (X p.p.) and Kazakhstan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belarus (X p.p.) displayed negative dynamics.

In value terms, Russia ($X) remains the largest washing and drying machine supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Belarus ($X), with a X% share of total exports. It was followed by Uzbekistan, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Russia totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Belarus (X% per year) and Uzbekistan (X% per year).

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per unit, with a decrease of X% against the previous year. In general, the export price recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2019 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while Uzbekistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced more modest paces of growth.

Imports of Household Washing and Drying Machines

Imports in CIS

In 2022, supplies from abroad of household washing and drying machines decreased by X% to X units, falling for the second year in a row after five years of growth. In general, imports continue to indicate a pronounced downturn. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, washing and drying machine imports declined to $X in 2022. Over the period under review, imports saw a perceptible descent. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Russia (X units) was the largest importer of household washing and drying machines, creating X% of total imports. Kazakhstan (X units) ranks second in terms of the total imports with a X% share, followed by Uzbekistan (X%), Azerbaijan (X%), Tajikistan (X%) and Belarus (X%). The following importers - Kyrgyzstan (X units) and Armenia (X units) - each resulted at a X% share of total imports.

Imports into Russia decreased at an average annual rate of X% from 2012 to 2022. At the same time, Uzbekistan (X%), Tajikistan (X%), Azerbaijan (X%), Kyrgyzstan (X%) and Belarus (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Kazakhstan (X%) and Armenia (X%) illustrated a downward trend over the same period. While the share of Uzbekistan (X p.p.), Tajikistan (X p.p.), Azerbaijan (X p.p.), Belarus (X p.p.) and Kyrgyzstan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Russia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported household washing and drying machines in the CIS, comprising X% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a X% share of total imports. It was followed by Belarus, with a X% share.

In Russia, washing and drying machine imports contracted by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (X% per year) and Belarus (X% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per unit, waning by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X%. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belarus ($X per unit), while Tajikistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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