Key Market Indicators
Demand for home appliances in Australia is expected to reach $661 million by 2026. This is a 2.1% average yearly growth from 2021’s figure of $587 million. Since 1993, demand for home appliances has increased by 4.2% annually. Australia ranked 14th in 2021, with Spain taking the top spot at $587 million. Germany, Japan and France were the second, third and fourth highest ranked countries respectively. Australian exports of home appliances are forecast to reach $19.4 million by 2026. This is a 0.9% average yearly growth from 2021’s figure of $18.4 million. Since 1993, exports have decreased by 1.1% each year. Australia was 36th in 2021, with Ireland in the lead at $18.4 million. Germany, Malaysia and the United States were the second, third and fourth highest ranked countries respectively.
