Price for Household or Laundry-Type Washing Machine in Finland - 2023
Contents:
- Price for Household or Laundry-Type Washing Machine in Finland (CIF) - 2023
- Price for Household or Laundry-Type Washing Machine in Finland (FOB) - 2022
- Imports of Household or Laundry-Type Washing Machine in Finland
- Exports of Household or Laundry-Type Washing Machine in Finland
Price for Household or Laundry-Type Washing Machine in Finland (CIF) - 2023
In May 2023, the average import price for household or laundry-type washing machines amounted to $405 per unit, approximately reflecting the previous month. Over the period from May 2022 to May 2023, it increased at an average monthly rate of +1.2%. The growth pace was the most rapid in April 2023 when the average import price increased by 10% month-to-month. As a result, import price reached the peak level of $405 per unit, leveling off in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($412 per unit), while the price for Turkey ($261 per unit) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Poland (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Household or Laundry-Type Washing Machine in Finland (FOB) - 2022
The average export price for household or laundry-type washing machines stood at $827 per unit in 2021, flattening at the previous year. Over the period under review, the export price, however, showed a deep slump. The pace of growth was the most pronounced in 2013 when the average export price increased by 21%. As a result, the export price attained the peak level of $1,965 per unit. From 2014 to 2021, 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 India ($1,688 per unit), while the average price for exports to Denmark ($226 per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Household or Laundry-Type Washing Machine in Finland
In 2022, imports of household or laundry-type washing machines into Finland totaled 227K units, approximately mirroring the previous year. Over the period under review, imports, however, saw a pronounced setback. Over the period under review, imports attained the maximum at 246K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, household or laundry-type washing machine imports dropped to $80M in 2022. The total import value increased at an average annual rate of +3.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 7.1% against the previous year. Over the period under review, imports attained the peak figure at $83M in 2021, and then reduced modestly in the following year.
| Import of Household or Laundry-Type Washing Machine in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Sweden | 6.6 | 60.1 | 65.8 | 215.7% | |
| Poland | 21.5 | 3.0 | 3.4 | -60.2% | |
| Italy | 8.0 | 1.8 | 2.4 | -45.2% | |
| China | 9.2 | 2.0 | 2.1 | -52.2% | |
| Slovenia | 1.7 | 1.5 | 1.6 | -3.0% | |
| Slovakia | 3.9 | 1.0 | 1.4 | -40.1% | |
| Turkey | 8.1 | 0.9 | 1.0 | -64.9% | |
| Germany | 8.2 | 4.0 | 0.7 | -70.8% | |
| Others | 6.2 | 3.9 | 4.4 | -15.8% | |
| Total | 73.2 | 78.4 | 82.7 | 6.3% | |
Top Suppliers of Household or Laundry-Type Washing Machine to Finland in 2022:
- Sweden (228.4K units)
- Poland (22.2K units)
- China (12.3K units)
- Italy (11.6K units)
- Slovakia (9.4K units)
- Slovenia (8.3K units)
- Turkey (5.9K units)
- Germany (0.8K units)
Exports of Household or Laundry-Type Washing Machine in Finland
In 2022, approx. 4.3K units of household or laundry-type washing machines were exported from Finland; with an increase of 14% against 2021 figures. The total export volume increased at an average annual rate of +4.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, household or laundry-type washing machine exports expanded to $3.2M in 2022. Over the period under review, exports, however, continue to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 15%. Over the period under review, the exports hit record highs at $3.3M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Household or Laundry-Type Washing Machine in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Russia | 588 | 444 | 1,163 | 40.6% | |
| Sweden | 589 | 537 | 601 | 1.0% | |
| South Korea | 521 | 586 | 503 | -1.7% | |
| Denmark | 86.3 | 109 | 199 | 51.9% | |
| China | 344 | 324 | 198 | -24.1% | |
| Norway | 38.7 | 29.0 | 135 | 86.8% | |
| Estonia | 26.0 | 33.7 | 60.1 | 52.0% | |
| Hungary | N/A | 426 | N/A | 0% | |
| Romania | 351 | N/A | N/A | 0% | |
| Others | 773 | 219 | 245 | -43.7% | |
| Total | 3,317 | 2,708 | 3,104 | -3.3% | |
Top Export Markets for Household or Laundry-Type Washing Machine from Finland in 2022:
- Sweden (1990.0 units)
- Russia (1094.0 units)
- Denmark (883.0 units)
- South Korea (400.0 units)
- Estonia (178.0 units)
- China (139.0 units)
- Norway (127.0 units)
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