Price for Household or Laundry-Type Washing Machine in Slovakia - 2023
Contents:
- Price for Household or Laundry-Type Washing Machine in Slovakia (FOB) - 2023
- Price for Household or Laundry-Type Washing Machine in Slovakia (CIF) - 2022
- Exports of Household or Laundry-Type Washing Machine in Slovakia
- Imports of Household or Laundry-Type Washing Machine in Slovakia
Price for Household or Laundry-Type Washing Machine in Slovakia (FOB) - 2023
The average export price for household or laundry-type washing machines stood at $261 per unit in May 2023, reducing by -1.8% against the previous month. Over the period from May 2022 to May 2023, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 32% against the previous month. Over the period under review, the average export prices hit record highs at $266 per unit in April 2023, and then reduced slightly in the following month.
Average prices varied somewhat for the major foreign markets. In May 2023, the highest price was recorded for prices to the Czech Republic ($304 per unit) and Hong Kong SAR ($293 per unit), while the average price for exports to Bulgaria ($235 per unit) and Romania ($236 per unit) were amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Household or Laundry-Type Washing Machine in Slovakia (CIF) - 2022
The average import price for household or laundry-type washing machines stood at $336 per unit in 2021, picking up by 5.3% against the previous year. Overall, the import price, however, saw a noticeable decline. Over the period under review, average import prices attained the peak figure at $486 per unit in 2014; however, from 2015 to 2021, 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 Germany ($271 per unit), while the price for Russia ($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 (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Household or Laundry-Type Washing Machine in Slovakia
In 2022, overseas shipments of household or laundry-type washing machines decreased by -10.2% to 1.7M units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +1.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 14%. As a result, the exports attained the peak of 1.9M units, and then contracted in the following year.
In value terms, household or laundry-type washing machine exports contracted slightly to $342M in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 5.6%. As a result, the exports reached the peak of $351M, and then declined modestly in the following year.
| Export of Household or Laundry-Type Washing Machine in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| France | 64.2 | 64.5 | 71.7 | 5.7% | |
| Poland | 31.0 | 42.6 | 40.2 | 13.9% | |
| Czech Republic | 29.7 | 31.5 | 39.8 | 15.8% | |
| Italy | 33.3 | 31.9 | 36.4 | 4.6% | |
| Germany | 27.4 | 23.5 | 28.0 | 1.1% | |
| Hungary | 22.4 | 19.5 | 17.7 | -11.1% | |
| Spain | 17.9 | 17.3 | 16.9 | -2.8% | |
| Romania | 9.1 | 11.2 | 12.5 | 17.2% | |
| Russia | 14.7 | 10.2 | 9.1 | -21.3% | |
| Sweden | 9.9 | 8.3 | 8.4 | -7.9% | |
| Netherlands | 8.5 | 7.9 | 6.5 | -12.6% | |
| United Kingdom | 8.3 | 8.9 | 5.9 | -15.7% | |
| Ukraine | 5.6 | 4.9 | 5.3 | -2.7% | |
| Others | 56.4 | 49.8 | 52.7 | -3.3% | |
| Total | 338 | 332 | 351 | 1.9% | |
Top Export Markets for Household or Laundry-Type Washing Machine from Slovakia in 2022:
- France (513.6K units)
- Poland (363.3K units)
- Italy (322.3K units)
- Germany (259.8K units)
- Czech Republic (182.5K units)
- Hungary (124.4K units)
- Spain (120.2K units)
- Romania (99.5K units)
- Sweden (56.9K units)
- Russia (56.8K units)
- Netherlands (47.7K units)
- United Kingdom (42.4K units)
- Ukraine (37.1K units)
Imports of Household or Laundry-Type Washing Machine in Slovakia
In 2022, overseas purchases of household or laundry-type washing machines decreased by -22.9% to 235K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports showed a abrupt downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 6.7%. As a result, imports attained the peak of 305K units, and then fell significantly in the following year.
In value terms, household or laundry-type washing machine imports fell to $89M in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 12% against the previous year. As a result, imports attained the peak of $103M, and then reduced in the following year.
| Import of Household or Laundry-Type Washing Machine in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Czech Republic | 8.5 | 31.9 | 40.0 | 116.9% | |
| Poland | 22.3 | 21.7 | 20.9 | -3.2% | |
| Hungary | 9.7 | 11.4 | 11.3 | 7.9% | |
| China | 9.6 | 5.9 | 8.0 | -8.7% | |
| Romania | 4.8 | 5.1 | 6.1 | 12.7% | |
| Russia | 9.0 | 5.6 | 5.8 | -19.7% | |
| Italy | 7.7 | 4.8 | 5.7 | -14.0% | |
| Germany | 2.3 | 2.8 | 3.1 | 16.1% | |
| Turkey | 1.8 | 0.7 | 1.0 | -25.5% | |
| Others | 11.6 | 1.4 | 0.5 | -79.2% | |
| Total | 87.4 | 91.2 | 103 | 8.6% | |
Top Suppliers of Household or Laundry-Type Washing Machine to Slovakia in 2022:
- Czech Republic (162.2K units)
- Poland (105.4K units)
- Russia (38.1K units)
- Italy (31.1K units)
- China (30.9K units)
- Romania (23.4K units)
- Germany (11.5K units)
- Hungary (7.5K units)
- Turkey (5.3K units)
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