China leads the global export market of washing machine parts, with a 42.04% share, showing a 3.29% increase from the prior year. South Korea and Italy follow with 16.23% and 12.94% shares, respectively. While South Korea grew by 3.73%, Italy faced a slight decline of 1.57%. Germany and Thailand complete the top five, with growth patterns indicating a general consolidation of export markets among these major players, except for Germany, which saw a modest decrease. India and Malaysia showed substantial growth of 5.27% and 7.12%, catching attention as emerging markets.
Future trends to monitor include China's continued expansion and the rise of emerging exporters like India and Malaysia. Potential global economic shifts or trade regulations could affect these patterns, providing opportunities for other nations to gain market share.
Top countries in Export of Parts of Household or Laundry-Type Washing Machines Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 42.04 | 2023 | +2.81% | +3.29% | View data |
| 2 | 2 South Korea | 16.23 | 2023 | -2.64% | +3.73% | View data |
| 3 | 3 Italy | 12.94 | 2023 | +0.63% | -1.57% | View data |
| 4 | 4 Germany | 6.89 | 2023 | -1.84% | -1.12% | View data |
| 5 | 5 Thailand | 3.54 | 2023 | +3.37% | +2.47% | View data |
| 6 | 6 Poland | 2.37 | 2023 | -2.47% | -2.01% | View data |
| 7 | 7 United States | 2.07 | 2023 | -0.98% | -1.3% | View data |
| 8 | 8 Sweden | 1.97 | 2023 | +1.05% | -0.056% | View data |
| 9 | 9 India | 1.18 | 2023 | +3.71% | +5.27% | View data |
| 10 | 10 Czech Republic | 1.16 | 2023 | -0.78% | -2.73% | View data |
