Price for Household or Laundry-Type Washing Machine in Sweden - 2023
Contents:
- Price for Household or Laundry-Type Washing Machine in Sweden (FOB) - 2023
- Price for Household or Laundry-Type Washing Machine in Sweden (CIF) - 2023
- Exports of Household or Laundry-Type Washing Machine in Sweden
- Imports of Household or Laundry-Type Washing Machine in Sweden
Price for Household or Laundry-Type Washing Machine in Sweden (FOB) - 2023
The average export price for household or laundry-type washing machines stood at $593 per unit in May 2023, falling by -7.5% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.4%. The pace of growth was the most pronounced in September 2022 when the average export price increased by 18% month-to-month. Over the period under review, the average export prices attained the peak figure at $642 per unit in April 2023, and then declined in the following month.
There were significant differences in the average prices for the major overseas markets. In May 2023, the country with the highest price was the United States ($1,718 per unit), while the average price for exports to Norway ($410 per unit) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Household or Laundry-Type Washing Machine in Sweden (CIF) - 2023
In May 2023, the average import price for household or laundry-type washing machines amounted to $358 per unit, picking up by 3.9% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.6%. The growth pace was the most rapid in December 2022 an increase of 13% against the previous month. The import price peaked in May 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($578 per unit), while the price for Turkey ($261 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 (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Household or Laundry-Type Washing Machine in Sweden
In 2022, after three years of growth, there was decline in shipments abroad of household or laundry-type washing machines, when their volume decreased by -1.3% to 607K units. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 2.7% against the previous year. As a result, the exports attained the peak of 615K units, and then shrank in the following year.
In value terms, household or laundry-type washing machine exports declined to $325M in 2022. The total export value increased at an average annual rate of +3.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 10% against the previous year. As a result, the exports attained the peak of $333M, and then fell slightly in the following year.
| Export of Household or Laundry-Type Washing Machine in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Norway | 72.4 | 77.2 | 91.5 | 12.4% | |
| Finland | 58.7 | 65.9 | 69.6 | 8.9% | |
| Denmark | 53.3 | 57.5 | 62.9 | 8.6% | |
| United States | 38.6 | 30.3 | 36.9 | -2.2% | |
| Iceland | 3.6 | 3.3 | 3.8 | 2.7% | |
| Others | 69.7 | 67.7 | 68.7 | -0.7% | |
| Total | 296 | 302 | 333 | 6.1% | |
Top Export Markets for Household or Laundry-Type Washing Machine from Sweden in 2022:
- Norway (279.4K units)
- Finland (239.4K units)
- Denmark (203.6K units)
- United States (34.2K units)
- Iceland (13.1K units)
Imports of Household or Laundry-Type Washing Machine in Sweden
In 2022, overseas purchases of household or laundry-type washing machines decreased by -2.3% to 966K units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 4.8% against the previous year. As a result, imports attained the peak of 989K units, and then fell in the following year.
In value terms, household or laundry-type washing machine imports reduced to $267M in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 6.6%. As a result, imports attained the peak of $306M, and then shrank in the following year.
| Import of Household or Laundry-Type Washing Machine in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Poland | 54.3 | 58.5 | 62.5 | 7.3% | |
| China | 27.6 | 33.5 | 47.6 | 31.3% | |
| Germany | 36.9 | 43.2 | 47.2 | 13.1% | |
| Turkey | 42.2 | 44.5 | 45.4 | 3.7% | |
| Italy | 30.8 | 27.0 | 35.1 | 6.8% | |
| Denmark | 15.5 | 16.2 | 13.5 | -6.7% | |
| Slovakia | 10.1 | 8.5 | 8.5 | -8.3% | |
| Others | 53.7 | 55.9 | 46.4 | -7.0% | |
| Total | 271 | 287 | 306 | 6.3% | |
Top Suppliers of Household or Laundry-Type Washing Machine to Sweden in 2022:
- Poland (377.2K units)
- Turkey (266.3K units)
- China (195.2K units)
- Italy (154.7K units)
- Germany (112.8K units)
- Slovakia (57.5K units)
- Denmark (42.0K units)
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