Price for Household or Laundry-Type Washing Machine in Spain - 2023
Contents:
- Price for Household or Laundry-Type Washing Machine in Spain (CIF) - 2023
- Price for Household or Laundry-Type Washing Machine in Spain (FOB) - 2022
- Imports of Household or Laundry-Type Washing Machine in Spain
- Exports of Household or Laundry-Type Washing Machine in Spain
Price for Household or Laundry-Type Washing Machine in Spain (CIF) - 2023
In May 2023, the average import price for household or laundry-type washing machines amounted to $251 per unit, declining by -2.2% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.0%. The growth pace was the most rapid in August 2022 an increase of 26% m-o-m. The import price peaked at $263 per unit in January 2023; however, from February 2023 to May 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Germany ($536 per unit), while the price for Turkey ($199 per unit) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Italy (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Household or Laundry-Type Washing Machine in Spain (FOB) - 2022
The average export price for household or laundry-type washing machines stood at $342 per unit in 2021, dropping by -5.2% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 19% against the previous year. Over the period under review, the average export prices reached the peak figure at $386 per unit in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($638 per unit), while the average price for exports to Germany ($196 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 the UK (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Household or Laundry-Type Washing Machine in Spain
In 2022, household or laundry-type washing machine imports into Spain was estimated at 1.9M units, approximately equating the previous year. The total import volume increased at an average annual rate of +3.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 11%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, household or laundry-type washing machine imports declined to $399M in 2022. The total import value increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year. As a result, imports reached the peak of $442M, and then contracted in the following year.
| Import of Household or Laundry-Type Washing Machine in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| China | 90.9 | 91.7 | 144 | 25.9% | |
| Poland | 71.4 | 82.9 | 96.9 | 16.5% | |
| Turkey | 98.0 | 88.7 | 85.9 | -6.4% | |
| Italy | 32.3 | 30.4 | 37.8 | 8.2% | |
| Germany | 21.8 | 29.5 | 29.3 | 15.9% | |
| Slovakia | 19.9 | 17.0 | 16.7 | -8.4% | |
| France | 2.0 | 1.9 | 9.6 | 119.1% | |
| Others | 20.0 | 24.8 | 22.0 | 4.9% | |
| Total | 356 | 367 | 442 | 11.4% | |
Top Suppliers of Household or Laundry-Type Washing Machine to Spain in 2022:
- China (837.9K units)
- Turkey (629.2K units)
- Poland (591.4K units)
- Italy (200.3K units)
- Slovakia (116.1K units)
- Germany (92.2K units)
- France (67.8K units)
Exports of Household or Laundry-Type Washing Machine in Spain
In 2022, shipments abroad of household or laundry-type washing machines decreased by -16.5% to 428K units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 11% against the previous year. As a result, the exports reached the peak of 513K units, and then reduced sharply in the following year.
In value terms, household or laundry-type washing machine exports rose markedly to $193M in 2022. The total export value increased at an average annual rate of +5.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Household or Laundry-Type Washing Machine in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Germany | 40.2 | 45.2 | 44.3 | 5.0% | |
| Portugal | 25.7 | 39.7 | 30.0 | 8.0% | |
| United States | 20.8 | 11.8 | 21.9 | 2.6% | |
| Netherlands | 5.7 | 8.7 | 9.4 | 28.4% | |
| United Kingdom | 6.2 | 8.6 | 7.3 | 8.5% | |
| France | 7.9 | 6.2 | 6.7 | -7.9% | |
| Poland | 2.2 | 4.5 | 5.8 | 62.4% | |
| Italy | 5.1 | 3.4 | 4.6 | -5.0% | |
| Sweden | 0.5 | 1.7 | 3.4 | 160.8% | |
| Turkey | 4.9 | 2.3 | 2.2 | -33.0% | |
| Others | 44.3 | 34.4 | 39.8 | -5.2% | |
| Total | 163 | 166 | 176 | 3.9% | |
Top Export Markets for Household or Laundry-Type Washing Machine from Spain in 2022:
- Germany (226.7K units)
- Portugal (117.4K units)
- Netherlands (45.3K units)
- United States (34.3K units)
- France (27.3K units)
- United Kingdom (22.5K units)
- Poland (20.6K units)
- Sweden (17.0K units)
- Italy (15.2K units)
- Turkey (7.3K units)
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