Price for Household or Laundry-Type Washing Machine in New Zealand - 2023
Contents:
- Price for Household or Laundry-Type Washing Machine in New Zealand (CIF) - 2022
- Price for Household or Laundry-Type Washing Machine in New Zealand (FOB) - 2022
- Imports of Household or Laundry-Type Washing Machine in New Zealand
- Exports of Household or Laundry-Type Washing Machine in New Zealand
Price for Household or Laundry-Type Washing Machine in New Zealand (CIF) - 2022
The average import price for household or laundry-type washing machines stood at $796 per unit in 2022, which is down by -17.2% against the previous year. In general, the import price, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2015 when the average import price increased by 39% against the previous year. Over the period under review, average import prices attained the maximum at $962 per unit in 2021, and then reduced rapidly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($6,708 per unit), while the price for Vietnam ($174 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+42.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Household or Laundry-Type Washing Machine in New Zealand (FOB) - 2022
In 2022, the average export price for household or laundry-type washing machines amounted to $312 per unit, which is down by -42.9% against the previous year. Overall, the export price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 an increase of 74% against the previous year. Over the period under review, the average export prices hit record highs at $961 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Cook Islands ($5,847 per unit), while the average price for exports to French Polynesia ($42 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 Cook Islands (+25.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Household or Laundry-Type Washing Machine in New Zealand
Household or laundry-type washing machine imports into New Zealand soared to 81K units in 2022, surging by 16% compared with the previous year's figure. The total import volume increased at an average annual rate of +3.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, household or laundry-type washing machine imports contracted to $64M in 2022. The total import value increased at an average annual rate of +2.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 25%. As a result, imports attained the peak of $67M, and then dropped slightly in the following year.
| Import of Household or Laundry-Type Washing Machine in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 22.8 | 22.1 | 29.6 | 29.7 | 9.2% |
| Thailand | 17.4 | 15.4 | 12.9 | 12.2 | -11.2% |
| Vietnam | 3.1 | 4.0 | 5.7 | 7.3 | 33.0% |
| Czech Republic | 2.4 | 1.6 | 3.0 | 1.6 | -12.6% |
| Italy | 1.7 | 1.2 | 1.9 | 0.9 | -19.1% |
| South Korea | 1.6 | 1.0 | 0.2 | 0.2 | -50.0% |
| Others | 10.5 | 8.5 | 13.7 | 12.4 | 5.7% |
| Total | 59.5 | 53.8 | 67.0 | 64.4 | 2.7% |
Top Suppliers of Household or Laundry-Type Washing Machine to New Zealand in 2022:
- Vietnam (42.1K units)
- Thailand (26.1K units)
- China (4.4K units)
- Italy (1.6K units)
- Czech Republic (0.9K units)
- South Korea (0.4K units)
Exports of Household or Laundry-Type Washing Machine in New Zealand
Household or laundry-type washing machine exports from New Zealand soared to 4.8K units in 2022, rising by 88% compared with 2021 figures. Over the period under review, exports posted significant growth. 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 amounted to $1.5M in 2022. Overall, exports, however, saw a slight slump. The pace of growth appeared the most rapid in 2021 with an increase of 32%. The exports peaked at $1.5M in 2019; afterwards, it flattened through to 2022.
| Export of Household or Laundry-Type Washing Machine in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 387 | 428 | 701 | 469 | 6.6% |
| Papua New Guinea | 178 | 117 | 167 | 175 | -0.6% |
| Thailand | 2.3 | 2.4 | 2.0 | 158 | 309.6% |
| Samoa | 162 | 30.3 | 28.2 | 62.5 | -27.2% |
| French Polynesia | 1.4 | 7.9 | 9.3 | 23.5 | 156.0% |
| Philippines | 2.7 | 4.3 | 0.8 | 19.0 | 91.6% |
| Germany | 24.2 | N/A | 13.4 | 12.3 | -20.2% |
| China | 103 | 11.5 | 9.2 | 10.3 | -53.6% |
| United States | 41.8 | 19.7 | 5.8 | 7.0 | -44.9% |
| Singapore | 8.3 | 4.4 | 5.7 | 2.4 | -33.9% |
| Tuvalu | N/A | N/A | 39.7 | 1.8 | -95.5% |
| Turkey | N/A | 75.4 | 10.6 | N/A | -85.9% |
| Others | 629 | 347 | 389 | 543 | -4.8% |
| Total | 1,541 | 1,047 | 1,381 | 1,484 | -1.2% |
Top Export Markets for Household or Laundry-Type Washing Machine from New Zealand in 2022:
- Thailand (2879.0 units)
- French Polynesia (557.0 units)
- Australia (254.0 units)
- Germany (171.0 units)
- Papua New Guinea (170.0 units)
- Philippines (131.0 units)
- Samoa (116.0 units)
- China (83.0 units)
- United States (82.0 units)
- Singapore (34.0 units)
- Tuvalu (24.0 units)
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