Price for Household or Laundry-Type Washing Machine in Ethiopia - 2022
Contents:
- Price for Household or Laundry-Type Washing Machine in Ethiopia (CIF) - 2022
- Price for Household or Laundry-Type Washing Machine in Ethiopia (FOB) - 2022
- Imports of Household or Laundry-Type Washing Machine in Ethiopia
- Exports of Household or Laundry-Type Washing Machine in Ethiopia
Price for Household or Laundry-Type Washing Machine in Ethiopia (CIF) - 2022
The average import price for household or laundry-type washing machines stood at $3,515 per unit in 2022, dropping by -24.4% against the previous year. Over the period under review, the import price, however, recorded significant growth. The growth pace was the most rapid in 2017 an increase of 85%. Over the period under review, average import prices reached the peak figure at $5,447 per unit in 2020; however, from 2021 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 China ($14,438 per unit), while the price for Saudi Arabia ($282 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+46.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Household or Laundry-Type Washing Machine in Ethiopia (FOB) - 2022
The average export price for household or laundry-type washing machines stood at $417 per unit in 2022, picking up by 879% against the previous year. Overall, the export price showed a temperate increase. The export price peaked at $704 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Djibouti ($849 per unit), while the average price for exports to Malawi ($102 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 Cote d'Ivoire (+40.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Household or Laundry-Type Washing Machine in Ethiopia
In 2022, approx. 3.2K units of household or laundry-type washing machines were imported into Ethiopia; approximately mirroring the previous year's figure. Overall, imports recorded a pronounced slump. The most prominent rate of growth was recorded in 2021 when imports increased by 110%. Over the period under review, imports hit record highs at 3.6K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, household or laundry-type washing machine imports fell dramatically to $11M in 2022. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 79% against the previous year. As a result, imports attained the peak of $15M, and then fell notably in the following year.
| Import of Household or Laundry-Type Washing Machine in Ethiopia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.5 | 5.8 | 11.0 | 8.8 | 17.0% |
| Thailand | 3.5 | 1.1 | 2.1 | 0.8 | -38.9% |
| Turkey | 0.7 | 0.3 | 0.5 | 0.4 | -17.0% |
| Vietnam | N/A | N/A | 0.3 | 0.2 | -33.3% |
| Poland | N/A | N/A | 0.1 | 0.1 | 0.0% |
| United States | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Israel | N/A | N/A | N/A | N/A | 0% |
| United Arab Emirates | 0.2 | 0.2 | 0.5 | N/A | 58.1% |
| Saudi Arabia | 0.1 | N/A | N/A | N/A | 0% |
| Others | 1.3 | 1.0 | 0.6 | 0.9 | -11.5% |
| Total | 11.5 | 8.4 | 15.1 | 11.3 | -0.6% |
Top Suppliers of Household or Laundry-Type Washing Machine to Ethiopia in 2022:
- Thailand (1423.0 units)
- China (609.0 units)
- Vietnam (319.0 units)
- United States (261.0 units)
- Poland (148.0 units)
- Israel (60.0 units)
- Saudi Arabia (59.0 units)
- Turkey (42.0 units)
- United Arab Emirates (16.0 units)
Exports of Household or Laundry-Type Washing Machine in Ethiopia
In 2022, shipments abroad of household or laundry-type washing machines was finally on the rise to reach 89 units after two years of decline. In general, exports, however, faced a dramatic downturn. The exports peaked at 192 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, household or laundry-type washing machine exports soared to $37K in 2022. Over the period under review, exports, however, showed a sharp setback. The exports peaked at $115K in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
| Export of Household or Laundry-Type Washing Machine in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Djibouti | 58.6 | 0.3 | N/A | 18.7 | -31.7% |
| France | N/A | 1.0 | N/A | 2.5 | 58.1% |
| United States | 0.5 | 2.0 | N/A | 1.7 | 50.4% |
| Egypt | 0.2 | 0.2 | 0.2 | 1.6 | 100.0% |
| Italy | 3.8 | 2.8 | 0.3 | 1.4 | -28.3% |
| Israel | N/A | N/A | 0.1 | 0.8 | 700.0% |
| Democratic Republic of the Congo | N/A | N/A | N/A | 0.8 | 0% |
| Greece | N/A | N/A | N/A | 0.7 | 0% |
| Cote d'Ivoire | N/A | N/A | N/A | 0.5 | 0% |
| United Kingdom | N/A | 0.4 | N/A | 0.5 | 11.8% |
| Peru | N/A | N/A | N/A | 0.5 | 0% |
| Lebanon | 0.1 | N/A | N/A | 0.4 | 58.7% |
| Malawi | N/A | N/A | N/A | 0.2 | 0% |
| Others | 31.5 | 108 | 0.8 | 7.0 | -39.4% |
| Total | 94.6 | 115 | 1.4 | 37.1 | -26.8% |
Top Export Markets for Household or Laundry-Type Washing Machine from Ethiopia in 2022:
- Djibouti (22.0 units)
- France (9.0 units)
- Italy (6.0 units)
- Egypt (5.0 units)
- United States (4.0 units)
- Greece (4.0 units)
- Democratic Republic of the Congo (4.0 units)
- Israel (3.0 units)
- Lebanon (3.0 units)
- Peru (3.0 units)
- Cote d'Ivoire (2.0 units)
- United Kingdom (2.0 units)
- Malawi (2.0 units)
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