This report primarily focuses on an in-depth analysis of the import and export market conditions for China's fully automatic washing machines in 2024, incorporating historical trends and the latest data to provide comprehensive market insights for industry participants. The report encompasses various dimensions including market size, growth trends, competitive landscape, technological advancements, consumer behavior, as well as policy environments.
The fully automatic washing machine industry has witnessed substantial growth over the past few years, thanks to technological innovations, shifts in consumer preferences, and the heightened global demand for energy-efficient home appliances. As one of the world's largest producers of washing machines, China plays a pivotal role in the global market.
Customs data indicates that from 2018 to 2023, the cumulative export value reached USD 15.56 billion, with a total export volume of 97.52 million units, demonstrating an overall fluctuating yet upward trend. In 2024, China's exports of fully automatic washing machines have maintained a robust momentum, reaching a total export value of USD 1.945 billion by July, representing a year-on-year increase of 12.14%. The export volume stands at 13.865 million units, up by 21.73% compared to the same period last year.
Regarding imports, while the volume is relatively small, the unit price is higher, with the market average price peaking in nearly five years at USD 688.1 per unit in 2024, showing a fluctuating upward trend. This reflects the domestic market's pursuit of advanced technology, design, and brand influence. The primary types of imported products are drum-type fully automatic washing machines, emphasizing water-saving, energy efficiency, and smart connectivity features.
In terms of the import and export market, China's imports of fully automatic washing machines are primarily concentrated in the high-end segment, with key sources being countries such as Germany, South Korea, Italy, Switzerland, and Japan. Renowned brands from Europe and Japan dominate this sector, catering to the demands of domestic high-end consumers for high-performance, intelligent washing machines. On the export front, destinations are mainly Japan, Russia, France, Italy, Spain, Malaysia, Germany, Poland, Australia, among others, with products focused on the mid-to-low end, meeting the overseas markets' need for cost-effective solutions.
With the implementation of policies like "Made in China 2025" and energy conservation and emissions reduction, China is encouraging the full automatic washing machine industry to move towards greener and smarter development. Meanwhile, strict technical and energy efficiency standards have been set for imported products, exerting a profound impact on the market.
While the import and export market for China's fully automatic washing machines is expected to maintain a growth trajectory in the coming years, the pace may be influenced by the global economic environment and international trade relations. As domestic brands enhance their technological innovation capabilities, exported products will trend towards higher-end and personalized offerings. Simultaneously, the import market will increasingly emphasize the introduction of innovative technologies and design concepts to satisfy the niche demands of the high-end market.
Overall, the import and export market for the fully automatic washing machine industry is at a critical juncture of transformation and upgrading. Grasping technological innovations, market trends, and policy orientations is crucial for industry players. Looking ahead, China's fully automatic washing machine industry is poised to further consolidate its position in the global market and lead the industry towards more advanced levels.
As the first data company in China, GuomaoTong provides customs data for imports and exports covering over 80 countries since 2010. It enables precise online analysis of market distributions and detailed transaction information of importing and exporting enterprises, including specific quantity and price analyses, and supply cycle details. This offers reliable and basis data for major foreign trade enterprises and industry consulting firms.
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