The export of domestic dishwashing machines from China has exhibited generally positive growth with some year-to-year fluctuations. As of 2023, the export value stood at 4.4758 million. Between 2013 and 2023, there were notable peaks and troughs in yearly variations, such as a -5.46% dip in 2017 but a significant recovery with a 20.71% increase in 2018. The CAGR over the last five years averaged at 2.98%. Going forward, the period from 2024 to 2028 is forecasted with a moderate growth rate and a projected five-year CAGR of 2.41%, suggesting steady, albeit slower, growth compared to past years.
Future trends to watch for include:
- Anticipated advancements in technology and smart home features could drive demand.- Adoption of sustainable and energy-efficient models is likely to influence the market.- Changes in global trade policies and potential shifts in supply chain dynamics may also impact exports.
