The export of domestic dishwashing machines from Australia has exhibited fluctuating dynamics over the past years, reaching a value of 3.73 thousand in 2023. From 2013 to 2018, the market experienced significant volatility, with notable peaks in 2015 and 2018 and downturns in other years. Over the last two years, from 2021 to 2023, there was a steady decline with a year-on-year decrease of 8.19% in 2022 and 6.65% in 2023. The 5-year CAGR leading to 2023 showed an overall negative trend at -10.1%.
Forecasts to 2028 predict a continuation of this downward trend with a forecasted 5-year CAGR of -7.38% and an overall forecast growth rate of -31.84%. The exported value is expected to decline progressively each year, reaching 2.35 thousand by 2028.
Future trends to watch for include:
- Shifts in global demand for Australian-manufactured dishwashing machines.
- Potential changes in trade agreements affecting Australian exports.
- Technological advancements and innovations in the dishwashing machine market.
- Impact of sustainability and energy efficiency trends on consumer preferences.
