Price for Household or Laundry-Type Washing Machine in Turkey - 2023
Contents:
- Price for Household or Laundry-Type Washing Machine in Turkey (FOB) - 2022
- Price for Household or Laundry-Type Washing Machine in Turkey (CIF) - 2022
- Exports of Household or Laundry-Type Washing Machine in Turkey
- Imports of Household or Laundry-Type Washing Machine in Turkey
Price for Household or Laundry-Type Washing Machine in Turkey (FOB) - 2022
The average export price for household or laundry-type washing machines stood at $190 per unit in 2021, rising by 9.6% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $205 per unit in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In 2021, amid the top suppliers, the countries with the highest prices were Poland ($166 per unit) and Germany ($161 per unit), while the average price for exports to Italy ($117 per unit) and Morocco ($122 per unit) were amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Household or Laundry-Type Washing Machine in Turkey (CIF) - 2022
The average import price for household or laundry-type washing machines stood at $281 per unit in 2021, picking up by 6.7% against the previous year. Over the period under review, the import price, however, showed a mild slump. The growth pace was the most rapid in 2016 an increase of 6.8% against the previous year. Over the period under review, average import prices hit record highs at $320 per unit in 2012; however, from 2013 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 Spain ($453 per unit), while the price for Poland ($162 per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Household or Laundry-Type Washing Machine in Turkey
In 2022, exports of household or laundry-type washing machines from Turkey reduced modestly to 5.4M units, shrinking by -4.2% compared with the year before. In general, exports recorded a perceptible slump. The pace of growth appeared the most rapid in 2021 with an increase of 1.1%. The exports peaked at 6.1M 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 fell to $1B in 2022. Over the period under review, exports showed a mild contraction. The growth pace was the most rapid in 2021 with an increase of 11%. As a result, the exports reached the peak of $1.1B, and then declined in the following year.
Export of Household or Laundry-Type Washing Machine in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
United Kingdom | 167 | 178 | 198 | 8.9% | |
Germany | 106 | 114 | 117 | 5.1% | |
France | 90.4 | 91.4 | 104 | 7.3% | |
Spain | 90.0 | 77.9 | 79.0 | -6.3% | |
Italy | 87.6 | 77.2 | 76.7 | -6.4% | |
Sweden | 39.8 | 38.8 | 41.5 | 2.1% | |
Poland | 42.6 | 30.4 | 24.3 | -24.5% | |
Romania | 35.1 | 22.1 | 24.0 | -17.3% | |
Israel | 21.9 | 18.9 | 21.6 | -0.7% | |
Netherlands | 21.1 | 23.2 | 20.6 | -1.2% | |
Greece | 19.6 | 14.9 | 19.4 | -0.5% | |
South Africa | 8.1 | 13.2 | 18.7 | 51.9% | |
Morocco | 10.3 | 10.5 | 17.3 | 29.6% | |
Others | 301 | 252 | 304 | 0.5% | |
Total | 1,041 | 962 | 1,066 | 1.2% |
Top Export Markets for Household or Laundry-Type Washing Machine from Turkey in 2022:
- United Kingdom (1540.4K units)
- France (830.1K units)
- Germany (725.5K units)
- Italy (653.9K units)
- Spain (634.0K units)
- Sweden (265.2K units)
- Romania (172.9K units)
- Israel (169.1K units)
- Poland (146.3K units)
- Morocco (141.6K units)
- Greece (134.3K units)
- Netherlands (130.1K units)
- South Africa (128.3K units)
Imports of Household or Laundry-Type Washing Machine in Turkey
In 2022, the amount of household or laundry-type washing machines imported into Turkey expanded remarkably to 262K units, surging by 7% on the previous year. Overall, imports, however, saw a mild downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 23% against the previous year. As a result, imports reached the peak of 337K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, household or laundry-type washing machine imports soared to $88M in 2022. The total import value increased at an average annual rate of +6.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, imports reached the peak figure at $89M in 2020; however, from 2021 to 2022, imports remained at a lower figure.
Import of Household or Laundry-Type Washing Machine in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Poland | 16.5 | 32.9 | 21.7 | 14.7% | |
China | 21.2 | 32.2 | 19.0 | -5.3% | |
Germany | 16.7 | 32.6 | 15.8 | -2.7% | |
Italy | 4.1 | 5.3 | 3.9 | -2.5% | |
Romania | 3.4 | 4.6 | 3.8 | 5.7% | |
Slovakia | 1.7 | 1.6 | 1.4 | -9.3% | |
Bulgaria | 3.4 | 3.4 | N/A | 0.0% | |
Others | 5.6 | -24.0 | 3.4 | -22.1% | |
Total | 72.7 | 88.7 | 68.9 | -2.6% |
Top Suppliers of Household or Laundry-Type Washing Machine to Turkey in 2022:
- Poland (133.3K units)
- China (99.1K units)
- Germany (45.3K units)
- Italy (22.4K units)
- Romania (19.4K units)
- Slovakia (5.3K units)
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