Price for Household or Laundry-Type Washing Machine in South Africa - 2023

Contents:

  1. Price for Household or Laundry-Type Washing Machine in South Africa (CIF) - 2022
  2. Price for Household or Laundry-Type Washing Machine in South Africa (FOB) - 2022
  3. Imports of Household or Laundry-Type Washing Machine in South Africa
  4. Exports of Household or Laundry-Type Washing Machine in South Africa

Price for Household or Laundry-Type Washing Machine in South Africa (CIF) - 2022

The average import price for household or laundry-type washing machines stood at $327 per unit in 2021, flattening at the previous year. In general, the import price showed a resilient expansion. The growth pace was the most rapid in 2016 when the average import price increased by 123% against the previous year. Over the period under review, average import prices hit record highs at $331 per unit in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($312 per unit), while the price for Ukraine ($182 per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Household or Laundry-Type Washing Machine in South Africa (FOB) - 2022

In 2021, the average export price for household or laundry-type washing machines amounted to $308 per unit, with a decrease of -36.7% against the previous year. Over the period under review, the export price, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 420% against the previous year. Over the period under review, the average export prices hit record highs at $486 per unit in 2020, and then shrank notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zambia ($534 per unit), while the average price for exports to Malawi ($183 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 Uganda (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Household or Laundry-Type Washing Machine in South Africa

In 2022, approx. 247K units of household or laundry-type washing machines were imported into South Africa; which is down by -12.2% against 2021 figures. In general, imports showed a noticeable descent. The pace of growth was the most pronounced in 2021 with an increase of 33% against the previous year. As a result, imports attained the peak of 282K units, and then fell in the following year.

In value terms, household or laundry-type washing machine imports dropped to $87M in 2022. The total import value increased at an average annual rate of +3.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 33% against the previous year. As a result, imports attained the peak of $92M, and then reduced in the following year.

Import of Household or Laundry-Type Washing Machine in South Africa (Million USD)
COUNTRY201920202021CAGR,
2019-2021
China45.936.045.4-0.5%
Turkey7.010.319.968.6%
Thailand13.111.314.13.7%
United States5.23.23.6-16.8%
Italy2.01.01.8-5.1%
UkraineN/A0.31.3333.3%
Poland1.51.70.7-31.7%
Others5.05.25.33.0%
Total79.769.192.17.5%

Top Suppliers of Household or Laundry-Type Washing Machine to South Africa in 2022:

  1. China (181.3K units)
  2. Turkey (107.9K units)
  3. Thailand (45.5K units)
  4. United States (11.6K units)
  5. Italy (8.7K units)
  6. Ukraine (6.9K units)
  7. Poland (3.9K units)

Exports of Household or Laundry-Type Washing Machine in South Africa

Household or laundry-type washing machine exports from South Africa declined to 37K units in 2022, reducing by -12.9% against 2021 figures. In general, exports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 90% against the previous year. The exports peaked at 43K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, household or laundry-type washing machine exports contracted to $13M in 2022. Overall, exports continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 20%. The exports peaked at $14M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Household or Laundry-Type Washing Machine in South Africa (Million USD)
COUNTRY201920202021CAGR,
2019-2021
Namibia2.93.03.611.4%
Botswana2.22.72.812.8%
Zambia0.40.91.593.6%
Mozambique0.60.80.922.5%
Swaziland0.70.90.86.9%
Zimbabwe0.20.60.787.1%
Lesotho0.30.50.641.4%
Malawi0.10.10.4100.0%
Angola0.30.30.2-18.4%
India1.10.3N/A-72.7%
Others5.00.61.6-43.4%
Total13.810.712.9-3.3%

Top Export Markets for Household or Laundry-Type Washing Machine from South Africa in 2022:

  1. India (undefinedK units)
  2. Namibia (16.8K units)
  3. Botswana (13.1K units)
  4. Mozambique (3.8K units)
  5. Lesotho (2.8K units)
  6. Swaziland (2.8K units)
  7. Zambia (2.7K units)
  8. Zimbabwe (2.5K units)
  9. Malawi (2.4K units)
  10. Angola (0.5K units)

Source: IndexBox Market Intelligence Platform

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