Price for Household or Laundry-Type Washing Machine in Belgium - 2023
Contents:
- Price for Household or Laundry-Type Washing Machine in Belgium (CIF) - 2022
- Price for Household or Laundry-Type Washing Machine in Belgium (FOB) - 2023
- Imports of Household or Laundry-Type Washing Machine in Belgium
- Exports of Household or Laundry-Type Washing Machine in Belgium
Price for Household or Laundry-Type Washing Machine in Belgium (CIF) - 2022
In 2022, the average import price for household or laundry-type washing machines amounted to $313 per unit, growing by 12% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 21% against the previous year. As a result, import price reached the peak level of $337 per unit. From 2017 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($1,103 per unit), while the price for Slovakia ($181 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Household or Laundry-Type Washing Machine in Belgium (FOB) - 2023
In May 2023, the average export price for household or laundry-type washing machines amounted to $296 per unit, declining by -15.7% against the previous month. Overall, export price indicated a mild increase from May 2022 to May 2023: its price increased at an average monthly rate of +1.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2023 figures, household or laundry-type washing machine export price decreased by -30.7% against February 2023 indices. The pace of growth was the most pronounced in February 2023 when the average export price increased by 36% against the previous month. As a result, the export price attained the peak level of $427 per unit. From March 2023 to May 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In May 2023, the country with the highest price was France ($518 per unit), while the average price for exports to Luxembourg ($92.7 per unit) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Household or Laundry-Type Washing Machine in Belgium
After three years of growth, purchases abroad of household or laundry-type washing machines decreased by -31.2% to 515K units in 2022. Over the period under review, total imports indicated a notable increase from 2019 to 2022: its volume increased at an average annual rate of +2.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 48% against the previous year. Imports peaked at 749K units in 2021, and then fell dramatically in the following year.
In value terms, household or laundry-type washing machine imports declined notably to $161M in 2022. In general, total imports indicated pronounced growth from 2019 to 2022: its value increased at an average annual rate of +4.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 38% against the previous year. Imports peaked at $210M in 2021, and then plummeted in the following year.
| Import of Household or Laundry-Type Washing Machine in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 49.0 | 69.0 | 75.4 | 57.2 | 5.3% |
| Germany | 46.7 | 59.0 | 58.3 | 43.1 | -2.6% |
| Turkey | 12.9 | 20.5 | 21.4 | 22.4 | 20.2% |
| China | 11.3 | 15.8 | 17.1 | 11.9 | 1.7% |
| France | 9.0 | 11.1 | 13.9 | 11.5 | 8.5% |
| Slovakia | 2.4 | 3.7 | 4.4 | 2.3 | -1.4% |
| Italy | 2.3 | 6.8 | 5.0 | 1.9 | -6.2% |
| Others | 8.0 | 9.9 | 14.4 | 11.2 | 11.9% |
| Total | 142 | 196 | 210 | 161 | 4.3% |
Top Suppliers of Household or Laundry-Type Washing Machine to Belgium in 2022:
- Netherlands (174.7K units)
- Turkey (109.2K units)
- Germany (105.8K units)
- China (55.8K units)
- France (37.4K units)
- Slovakia (12.7K units)
- Italy (3.6K units)
Exports of Household or Laundry-Type Washing Machine in Belgium
In 2022, shipments abroad of household or laundry-type washing machines decreased by -66.3% to 88K units, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, posted perceptible growth. The most prominent rate of growth was recorded in 2020 when exports increased by 222% against the previous year. As a result, the exports reached the peak of 262K units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, household or laundry-type washing machine exports fell sharply to $37M in 2022. In general, exports, however, recorded a buoyant increase. The growth pace was the most rapid in 2020 when exports increased by 122%. The exports peaked at $72M in 2021, and then fell markedly in the following year.
| Export of Household or Laundry-Type Washing Machine in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 12.5 | 23.6 | 25.0 | 11.7 | -2.2% |
| Germany | 2.2 | 10.3 | 15.9 | 10.6 | 68.9% |
| France | 10.8 | 23.8 | 19.8 | 7.7 | -10.7% |
| Luxembourg | 1.0 | 2.3 | 2.5 | 1.1 | 3.2% |
| United States | N/A | N/A | 0.4 | 0.3 | -25.0% |
| Lebanon | 0.1 | 0.1 | 0.3 | 0.2 | 26.0% |
| Others | 4.3 | 8.6 | 7.9 | 5.0 | 5.2% |
| Total | 30.9 | 68.7 | 71.8 | 36.6 | 5.8% |
Top Export Markets for Household or Laundry-Type Washing Machine from Belgium in 2022:
- Netherlands (48.3K units)
- Germany (17.1K units)
- France (6.3K units)
- United States (3.7K units)
- Luxembourg (3.2K units)
- Lebanon (1.7K units)
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