In 2023, China led the global export of parts for household or laundry-type washing machines with strong year-on-year growth of 3.29%, followed by South Korea's 3.73% growth. Italy and Germany exhibited slight declines, while Malaysia showed a notable increase of 7.12%. India's exports increased by 5.27%, and notable increases were also seen in Belarus and Bulgaria. Conversely, significant declines were observed in Switzerland and the United Kingdom. Over the past five years, these countries have generally experienced varied compound annual growth rates reflecting both positive and negative trends.
Looking ahead, watch for technological advancements and sustainable manufacturing influencing global export dynamics. Asia is anticipated to continue dominating due to cost-effective production capabilities and innovation hubs. Environmental regulations may also impact export patterns, particularly in European nations.
Top countries in Export of Parts of Household or Laundry-Type Washing Machines by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 636,830,000 | 2023 | +2.81% | +3.29% | View data |
| 2 | 2 South Korea | 245,800,000 | 2023 | -2.64% | +3.73% | View data |
| 3 | 3 Italy | 196,030,000 | 2023 | +0.63% | -1.57% | View data |
| 4 | 4 Germany | 104,390,000 | 2023 | -1.84% | -1.12% | View data |
| 5 | 5 Thailand | 53,564,000 | 2023 | +3.37% | +2.47% | View data |
| 6 | 6 Poland | 35,876,000 | 2023 | -2.47% | -2.01% | View data |
| 7 | 7 United States | 31,356,000 | 2023 | -0.98% | -1.3% | View data |
| 8 | 8 Sweden | 29,886,000 | 2023 | +1.05% | -0.056% | View data |
| 9 | 9 India | 17,840,000 | 2023 | +3.71% | +5.27% | View data |
| 10 | 10 Czech Republic | 17,501,000 | 2023 | -0.78% | -2.73% | View data |
