Price for Household or Laundry-Type Washing Machine in Kenya - 2021
Contents:
- Price for Household or Laundry-Type Washing Machine in Kenya (CIF) - 2022
- Price for Household or Laundry-Type Washing Machine in Kenya (FOB) - 2022
- Imports of Household or Laundry-Type Washing Machine in Kenya
- Exports of Household or Laundry-Type Washing Machine in Kenya
Price for Household or Laundry-Type Washing Machine in Kenya (CIF) - 2022
The average import price for household or laundry-type washing machines stood at $308 per unit in 2021, with an increase of 12% against the previous year. Overall, the import price, however, saw a deep slump. The most prominent rate of growth was recorded in 2014 an increase of 111% against the previous year. As a result, import price attained the peak level of $966 per unit. From 2015 to 2021, the average import prices failed to regain momentum.
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 Thailand ($297 per unit), while the price for Turkey ($179 per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Household or Laundry-Type Washing Machine in Kenya (FOB) - 2022
The average export price for household or laundry-type washing machines stood at $350 per unit in 2021, growing by 28% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 112%. As a result, the export price attained the peak level of $581 per unit. From 2019 to 2021, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ethiopia ($542 per unit), while the average price for exports to Zimbabwe ($43 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 Angola (+4.0%), while the prices for the other major destinations experienced a decline.
Imports of Household or Laundry-Type Washing Machine in Kenya
In 2022, after three years of growth, there was decline in overseas purchases of household or laundry-type washing machines, when their volume decreased by -2.9% to 41K units. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +14.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 44%. Imports peaked at 42K units in 2021, and then contracted modestly in the following year.
In value terms, household or laundry-type washing machine imports shrank to $12M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +16.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 45% against the previous year. Over the period under review, imports reached the peak figure at $13M in 2021, and then fell in the following year.
| Import of Household or Laundry-Type Washing Machine in Kenya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| China | 5.0 | 7.4 | 7.9 | 25.7% | |
| Egypt | N/A | N/A | 2.3 | 0% | |
| Turkey | 0.4 | 0.4 | 0.7 | 32.3% | |
| Thailand | 0.4 | 0.5 | 0.5 | 11.8% | |
| South Korea | 0.5 | 0.7 | 0.5 | 0.0% | |
| Vietnam | N/A | N/A | 0.3 | 0% | |
| Belize | N/A | N/A | N/A | 0% | |
| Others | 1.1 | 1.8 | 0.8 | -14.7% | |
| Total | 7.5 | 10.9 | 12.9 | 31.1% | |
Top Suppliers of Household or Laundry-Type Washing Machine to Kenya in 2022:
- China (35.5K units)
- Egypt (9.7K units)
- Turkey (3.7K units)
- South Korea (2.0K units)
- Thailand (1.6K units)
- Vietnam (1.4K units)
Exports of Household or Laundry-Type Washing Machine in Kenya
In 2022, exports of household or laundry-type washing machines from Kenya contracted significantly to 300 units, declining by -47% against the previous year's figure. Overall, exports, however, saw strong growth. The pace of growth appeared the most rapid in 2021 when exports increased by 1,517%. As a result, the exports reached the peak of 566 units, and then shrank significantly in the following year.
In value terms, household or laundry-type washing machine exports contracted sharply to $104K in 2022. Over the period under review, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 1,976%. As a result, the exports attained the peak of $198K, and then reduced markedly in the following year.
| Export of Household or Laundry-Type Washing Machine in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Rwanda | 17.3 | 8.7 | 109 | 151.0% | |
| Ethiopia | 0.7 | 0.1 | 67.3 | 880.5% | |
| Tanzania | 7.5 | 1.8 | 6.5 | -6.9% | |
| South Africa | N/A | 0.1 | 1.6 | 1500.0% | |
| Angola | N/A | 0.1 | 1.5 | 1400.0% | |
| South Sudan | 0.3 | 0.4 | 1.5 | 123.6% | |
| Zimbabwe | 0.1 | N/A | 0.9 | 200.0% | |
| Somalia | 3.6 | 51.9 | N/A | 1341.7% | |
| Others | 107 | -53.6 | 10.3 | -69.0% | |
| Total | 137 | 9.5 | 198 | 20.2% | |
Top Export Markets for Household or Laundry-Type Washing Machine from Kenya in 2022:
- Rwanda (550.0 units)
- Ethiopia (124.0 units)
- South Sudan (26.0 units)
- Tanzania (20.0 units)
- Zimbabwe (20.0 units)
- South Africa (17.0 units)
- Angola (15.0 units)
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