Price for Household or Laundry-Type Washing Machine in the UK - 2023
Contents:
- Price for Household or Laundry-Type Washing Machine in the UK (CIF) - 2022
- Price for Household or Laundry-Type Washing Machine in the UK (FOB) - 2022
- Imports of Household or Laundry-Type Washing Machine in the UK
- Exports of Household or Laundry-Type Washing Machine in the UK
Price for Household or Laundry-Type Washing Machine in the UK (CIF) - 2022
The average import price for household or laundry-type washing machines stood at $240 per unit in 2021, growing by 6.7% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $290 per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($350 per unit), while the price for Turkey ($144 per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Household or Laundry-Type Washing Machine in the UK (FOB) - 2022
In 2021, the average export price for household or laundry-type washing machines amounted to $269 per unit, flattening at the previous year. Over the period under review, the export price saw a perceptible decline. The pace of growth appeared the most rapid in 2020 an increase of 28%. The export price peaked at $343 per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Israel ($403 per unit), while the average price for exports to Spain ($61 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 Israel (+4.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Household or Laundry-Type Washing Machine in the UK
In 2022, after three years of growth, there was significant decline in supplies from abroad of household or laundry-type washing machines, when their volume decreased by -10.8% to 3.3M units. Over the period under review, imports showed a slight setback. The most prominent rate of growth was recorded in 2021 with an increase of 5%. As a result, imports attained the peak of 3.7M units, and then reduced in the following year.
In value terms, household or laundry-type washing machine imports reduced to $832M in 2022. The total import value increased at an average annual rate of +4.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year. As a result, imports reached the peak of $885M, and then shrank in the following year.
| Import of Household or Laundry-Type Washing Machine in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Turkey | 169 | 196 | 222 | 14.6% | |
| Poland | 183 | 196 | 197 | 3.8% | |
| China | 175 | 161 | 184 | 2.5% | |
| Italy | 115 | 127 | 150 | 14.2% | |
| Germany | 46.5 | 51.4 | 59.8 | 13.4% | |
| Others | 52.1 | 59.3 | 72.8 | 18.2% | |
| Total | 741 | 790 | 885 | 9.3% | |
Top Suppliers of Household or Laundry-Type Washing Machine to the UK in 2022:
- Turkey (1537.5K units)
- Poland (1136.8K units)
- China (1072.7K units)
- Italy (880.1K units)
- Germany (170.7K units)
Exports of Household or Laundry-Type Washing Machine in the UK
In 2022, the amount of household or laundry-type washing machines exported from the UK shrank remarkably to 86K units, with a decrease of -17% compared with the year before. Overall, exports continue to indicate a sharp descent. Over the period under review, the exports attained the maximum at 198K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, household or laundry-type washing machine exports contracted to $27M in 2022. In general, exports showed a abrupt shrinkage. The smallest decline of -1.7% was in 2020. Over the period under review, the exports attained the peak figure at $42M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Household or Laundry-Type Washing Machine in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Ireland | 13.7 | 32.0 | 18.1 | 14.9% | |
| Netherlands | 0.6 | 1.5 | 2.4 | 100.0% | |
| Israel | 1.0 | 1.5 | 2.0 | 41.4% | |
| Spain | 1.1 | 1.7 | 1.4 | 12.8% | |
| Lebanon | N/A | 0.1 | 0.2 | 100.0% | |
| Others | 25.7 | 4.5 | 3.9 | -61.0% | |
| Total | 42.0 | 41.3 | 28.0 | -18.4% | |
Top Export Markets for Household or Laundry-Type Washing Machine from the UK in 2022:
- Ireland (79.2K units)
- Spain (22.7K units)
- Netherlands (10.8K units)
- Israel (5.1K units)
- Lebanon (3.2K units)
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