Price for Household or Laundry-Type Washing Machine in Belarus - 2022
Contents:
- Price for Household or Laundry-Type Washing Machine in Belarus (CIF) - 2022
- Price for Household or Laundry-Type Washing Machine in Belarus (FOB) - 2022
- Imports of Household or Laundry-Type Washing Machine in Belarus
- Exports of Household or Laundry-Type Washing Machine in Belarus
Price for Household or Laundry-Type Washing Machine in Belarus (CIF) - 2022
The average import price for household or laundry-type washing machines stood at $276 per unit in 2022, shrinking by -16.2% against the previous year. Over the period under review, the import price saw a pronounced slump. The pace of growth appeared the most rapid in 2021 an increase of 7.8%. Over the period under review, average import prices reached the peak figure at $352 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($281 per unit), while the price for Italy ($195 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-2.0%), while the prices for the other major suppliers experienced a decline.
Price for Household or Laundry-Type Washing Machine in Belarus (FOB) - 2022
In March 2022, the average export price for household or laundry-type washing machines amounted to $2,265 per unit, picking up by 80% against the previous month. Overall, the export price continues to indicate a significant expansion. The pace of growth appeared the most rapid in February 2022 an increase of 518% m-o-m. Over the period under review, the average export prices attained the peak figure in March 2022.
There were significant differences in the average prices for the major overseas markets. In March 2022, the country with the highest price was Lithuania ($309 per unit), while the average price for exports to Kazakhstan ($168 per unit) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Household or Laundry-Type Washing Machine in Belarus
In 2022, the amount of household or laundry-type washing machines imported into Belarus expanded modestly to 178K units, increasing by 1.9% on the previous year's figure. The total import volume increased at an average annual rate of +2.9% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 11% against the previous year. As a result, imports reached the peak of 181K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, household or laundry-type washing machine imports dropped to $49M in 2022. Overall, imports, however, showed a pronounced setback. The pace of growth appeared the most rapid in 2020 when imports increased by 4.5% against the previous year. Over the period under review, imports attained the peak figure at $57M in 2021, and then declined in the following year.
| Import of Household or Laundry-Type Washing Machine in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 47.4 | 48.2 | 54.1 | 44.5 | -2.1% |
| Ukraine | 2.6 | 4.3 | 1.0 | 2.1 | -6.9% |
| Others | 2.8 | 2.7 | 2.2 | 2.3 | -6.3% |
| Total | 52.8 | 55.2 | 57.3 | 49.0 | -2.5% |
Top Suppliers of Household or Laundry-Type Washing Machine to Belarus in 2022:
- Russia (158.6K units)
- Ukraine (9.1K units)
Exports of Household or Laundry-Type Washing Machine in Belarus
In 2022, after two years of decline, there was growth in shipments abroad of household or laundry-type washing machines, when their volume increased by 3.9% to 147K units. In general, exports, however, continue to indicate a pronounced descent. The exports peaked at 156K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, household or laundry-type washing machine exports expanded sharply to $32M in 2022. The total export value increased at an average annual rate of +2.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Household or Laundry-Type Washing Machine in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 19.0 | 20.4 | 19.2 | 20.8 | 3.1% |
| Ukraine | 5.9 | 5.0 | 4.3 | 5.4 | -2.9% |
| Lithuania | 1.0 | 1.2 | 1.4 | 1.5 | 14.5% |
| Poland | 1.0 | 1.0 | 0.5 | 0.9 | -3.5% |
| Germany | 0.8 | 0.1 | 0.8 | 0.9 | 4.0% |
| Kazakhstan | 0.9 | 0.7 | 0.7 | 0.8 | -3.9% |
| Moldova | 0.7 | 0.4 | 0.5 | 0.6 | -5.0% |
| Others | 0.4 | 0.4 | 1.0 | 0.6 | 14.5% |
| Total | 29.6 | 29.3 | 28.5 | 31.5 | 2.1% |
Top Export Markets for Household or Laundry-Type Washing Machine from Belarus in 2022:
- Russia (97.1K units)
- Ukraine (24.7K units)
- Lithuania (5.6K units)
- Germany (5.0K units)
- Poland (4.4K units)
- Kazakhstan (4.0K units)
- Moldova (2.9K units)
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