Price for Household or Laundry-Type Washing Machine in Indonesia - 2022
Contents:
- Price for Household or Laundry-Type Washing Machine in Indonesia (CIF) - 2022
- Price for Household or Laundry-Type Washing Machine in Indonesia (FOB) - 2022
- Imports of Household or Laundry-Type Washing Machine in Indonesia
- Exports of Household or Laundry-Type Washing Machine in Indonesia
Price for Household or Laundry-Type Washing Machine in Indonesia (CIF) - 2022
In 2021, the average import price for household or laundry-type washing machines amounted to $254 per unit, growing by 3.2% against the previous year. Over the period under review, the import price, however, saw a slight decline. The most prominent rate of growth was recorded in 2016 when the average import price increased by 3.4% against the previous year. Over the period under review, average import prices hit record highs at $288 per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was South Korea ($404 per unit), while the price for Turkey ($153 per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+0.7%), while the prices for the other major suppliers experienced a decline.
Price for Household or Laundry-Type Washing Machine in Indonesia (FOB) - 2022
In 2021, the average export price for household or laundry-type washing machines amounted to $315 per unit, increasing by 2% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 19% against the previous year. The export price peaked in 2021 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($377 per unit), while the average price for exports to Timor-Leste ($117 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 Taiwan (Chinese) (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Household or Laundry-Type Washing Machine in Indonesia
After three years of growth, purchases abroad of household or laundry-type washing machines decreased by -8.2% to 694K units in 2022. The total import volume increased at an average annual rate of +3.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 20% against the previous year. As a result, imports attained the peak of 756K units, and then contracted in the following year.
In value terms, household or laundry-type washing machine imports reached $216M in 2022. The total import value increased at an average annual rate of +10.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 23%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.
| Import of Household or Laundry-Type Washing Machine in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| China | 89.3 | 89.0 | 119 | 15.4% | |
| Thailand | 33.1 | 35.3 | 46.3 | 18.3% | |
| Vietnam | 18.8 | 17.1 | 16.8 | -5.5% | |
| Turkey | 3.2 | 2.6 | 1.9 | -22.9% | |
| Others | 15.3 | 11.3 | 7.9 | -28.1% | |
| Total | 160 | 155 | 192 | 9.5% | |
Top Suppliers of Household or Laundry-Type Washing Machine to Indonesia in 2022:
- China (686.4K units)
- Thailand (244.8K units)
- Vietnam (69.1K units)
- Turkey (12.2K units)
Exports of Household or Laundry-Type Washing Machine in Indonesia
Household or laundry-type washing machine exports from Indonesia rose markedly to 42K units in 2022, with an increase of 13% compared with the previous year. In general, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -10.6% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 97%. As a result, the exports attained the peak of 47K units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, household or laundry-type washing machine exports rose markedly to $13M in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -12.0% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 108% against the previous year. As a result, the exports attained the peak of $14M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Household or Laundry-Type Washing Machine in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Vietnam | 1.5 | 6.5 | 3.5 | 52.8% | |
| Philippines | 1.5 | 1.5 | 1.5 | 0.0% | |
| Taiwan (Chinese) | 0.5 | 1.6 | 1.4 | 67.3% | |
| Thailand | 0.8 | 0.9 | 1.2 | 22.5% | |
| Malaysia | 0.5 | 0.6 | 1.0 | 41.4% | |
| Bangladesh | 0.1 | 1.2 | 0.7 | 164.6% | |
| Saudi Arabia | 0.5 | 0.2 | 0.4 | -10.6% | |
| Timor-Leste | 0.3 | 0.3 | 0.4 | 15.5% | |
| Libya | 0.7 | 0.1 | N/A | -85.7% | |
| Others | 0.6 | 1.5 | 1.5 | 58.1% | |
| Total | 6.9 | 14.4 | 11.5 | 29.1% | |
Top Export Markets for Household or Laundry-Type Washing Machine from Indonesia in 2022:
- Vietnam (15.6K units)
- Philippines (7.0K units)
- Taiwan (Chinese) (5.9K units)
- Malaysia (4.4K units)
- Timor-Leste (3.7K units)
- Thailand (3.5K units)
- Bangladesh (2.4K units)
- Saudi Arabia (1.0K units)
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