Price for Household or Laundry-Type Washing Machine in Australia - 2023
Contents:
- Price for Household or Laundry-Type Washing Machine in Australia (CIF) - 2022
- Price for Household or Laundry-Type Washing Machine in Australia (FOB) - 2022
- Imports of Household or Laundry-Type Washing Machine in Australia
- Exports of Household or Laundry-Type Washing Machine in Australia
Price for Household or Laundry-Type Washing Machine in Australia (CIF) - 2022
In 2022, the average import price for household or laundry-type washing machines amounted to $262 per unit, shrinking by -6.6% against the previous year. Over the period under review, the import price continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2019 when the average import price increased by 36%. The import price peaked at $442 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($428 per unit), while the price for Poland ($249 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Household or Laundry-Type Washing Machine in Australia (FOB) - 2022
The average export price for household or laundry-type washing machines stood at $375 per unit in 2022, picking up by 16% against the previous year. Over the period under review, the export price, however, saw a perceptible slump. The pace of growth appeared the most rapid in 2015 when the average export price increased by 72%. As a result, the export price attained the peak level of $1,041 per unit. From 2016 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($763 per unit), while the average price for exports to Malaysia ($216 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+32.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Household or Laundry-Type Washing Machine in Australia
Household or laundry-type washing machine imports into Australia soared to 1.6M units in 2022, increasing by 35% against the previous year's figure. In general, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 54%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, household or laundry-type washing machine imports surged to $415M in 2022. The total import value increased at an average annual rate of +11.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Household or Laundry-Type Washing Machine in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 107 | 134 | 142 | 190 | 21.1% |
| Thailand | 89.2 | 87.5 | 71.8 | 82.8 | -2.5% |
| Germany | 32.8 | 42.0 | 40.9 | 40.3 | 7.1% |
| United States | 7.6 | 6.8 | 10.9 | 18.9 | 35.5% |
| Turkey | 2.5 | 4.2 | 6.2 | 8.1 | 48.0% |
| Poland | 2.1 | 1.9 | 3.5 | 7.1 | 50.1% |
| South Korea | 11.7 | 6.6 | 5.4 | 6.9 | -16.1% |
| Italy | 5.5 | 6.8 | 8.0 | 6.4 | 5.2% |
| Vietnam | 19.1 | 17.2 | 8.5 | 3.6 | -42.7% |
| Others | 23.6 | 19.6 | 31.2 | 51.0 | 29.3% |
| Total | 301 | 326 | 329 | 415 | 11.3% |
Top Suppliers of Household or Laundry-Type Washing Machine to Australia in 2022:
- China (740.6K units)
- Thailand (321.5K units)
- Germany (159.2K units)
- United States (58.8K units)
- Turkey (32.4K units)
- Poland (28.4K units)
- Italy (25.0K units)
- South Korea (16.2K units)
- Vietnam (10.7K units)
Exports of Household or Laundry-Type Washing Machine in Australia
After two years of decline, overseas shipments of household or laundry-type washing machines increased by 6.5% to 5K units in 2022. Over the period under review, exports, however, recorded a deep downturn. Over the period under review, the exports hit record highs at 5.9K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, household or laundry-type washing machine exports skyrocketed to $1.9M in 2022. In general, exports, however, continue to indicate a deep contraction. Over the period under review, the exports reached the maximum at $2.6M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Household or Laundry-Type Washing Machine in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Papua New Guinea | 583 | 404 | 389 | 380 | -13.3% |
| New Zealand | 709 | 677 | 257 | 325 | -22.9% |
| Fiji | 121 | 68.2 | 89.6 | 275 | 31.5% |
| France | 669 | 301 | 213 | 182 | -35.2% |
| Nauru | 32.7 | 26.7 | 49.3 | 117 | 52.9% |
| Christmas Island | 3.4 | 18.2 | 54.1 | 113 | 221.5% |
| United States | 73.1 | 19.4 | 44.7 | 92.3 | 8.1% |
| Malaysia | 2.9 | 70.1 | 34.2 | 62.5 | 178.3% |
| Solomon Islands | 32.5 | 67.8 | 31.0 | 27.4 | -5.5% |
| United Arab Emirates | 46.0 | 10.8 | 3.2 | 20.8 | -23.2% |
| Cook Islands | 57.4 | 18.3 | 120 | 17.7 | -32.4% |
| Others | 223 | 447 | 226 | 259 | 5.1% |
| Total | 2,552 | 2,129 | 1,511 | 1,872 | -9.8% |
Top Export Markets for Household or Laundry-Type Washing Machine from Australia in 2022:
- Papua New Guinea (1142.0 units)
- Fiji (1099.0 units)
- New Zealand (650.0 units)
- Christmas Island (335.0 units)
- Malaysia (289.0 units)
- Nauru (244.0 units)
- France (238.0 units)
- United States (121.0 units)
- Solomon Islands (103.0 units)
- United Arab Emirates (79.0 units)
- Cook Islands (67.0 units)
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