The ongoing global conflict significantly impacted the Russian appliance market in 2022, with a 35% contraction following the departure of major international brands. However, the market demonstrated remarkable agility, nearly fully recovering by year-end as local players filled the void. Production shifted, with some international facilities changing hands while others increased local output, strengthening ties with China.
Despite volatile exchange rates, soaring freight costs, and payment challenges, the Russian MDA/BIA market reached 18.2 million units (5.51 billion EUR) in 2022, fueled by pent-up demand. In 2023, the market saw unit and Ruble growth as conditions somewhat stabilized. However, EUR volume remained flat.
2024 brought increased payment complexities, resolved through intermediaries for China and Ruble payments for Turkey. The market continued its unit growth, maintaining stable EUR volume, showcasing unexpected resilience.
However, 2025 has begun with a sales downturn despite a better exchange rate, potentially due to global political uncertainties.
Despite sanctions, the Russian market has shown surprising stability and modest growth. Gray market imports continue to supply demand for well-known brands, and some major players are considering or have already re-entered the market.
In conclusion, the Russian appliance market has proven surprisingly resilient due to local adaptation, new trade dynamics, and persistent demand met through various channels. While future uncertainty remains, its performance highlights its adaptability
Tag Archives: supply chain
Italian household appliances supply chain is worth 1% of GDP
The report titled “The Value of the Household Appliance Supply Chain for the Competitiveness and the Sustainable and Circular Transition of the Country” highlights the significant role of the appliance industry and its components in the Italian economy. Conducted by TEHA for APPLiA Italia, the study reveals an industry that is both vibrant and strategic for the nation.
Key findings include:
– **Employment**: Over 44,000 people are employed in the core supply chain, with more than half a million in the extended supply chain.
– **Economic Impact**: The industry is deeply rooted in Italy, integrated into the European market, and features districts of excellence.
– **GDP Contribution**: In 2022, the extended household appliances supply chain accounted for 1% of Italy’s GDP, generating a turnover of 114 billion euros.
This report underscores the substantial economic and social importance of the household appliance supply chain in Italy.
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