Sri Lanka - Household Washing and Drying Machines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Washing and Drying Machine in Sri Lanka - 2021
Contents:
- Price for Washing and Drying Machine in Sri Lanka (CIF) - 2022
- Price for Washing and Drying Machine in Sri Lanka (FOB) - 2022
- Imports of Washing and Drying Machine in Sri Lanka
- Exports of Washing and Drying Machine in Sri Lanka
Price for Washing and Drying Machine in Sri Lanka (CIF) - 2022
In 2022, the average washing and drying machine import price amounted to $160 per unit, with an increase of 1.8% against the previous year. Over the period under review, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, washing and drying machine import price increased by +65.0% against 2018 indices. The pace of growth was the most pronounced in 2016 when the average import price increased by 59% against the previous year. As a result, import price reached the peak level of $167 per unit. From 2017 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($211 per unit), while the price for Singapore ($36 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Washing and Drying Machine in Sri Lanka (FOB) - 2022
The average washing and drying machine export price stood at $180 per unit in 2022, jumping by 78% against the previous year. In general, the export price, however, showed a perceptible decline. The most prominent rate of growth was recorded in 2015 an increase of 538%. The export price peaked at $321 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($738 per unit), while the average price for exports to Ethiopia ($7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Seychelles (+55.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Washing and Drying Machine in Sri Lanka
In 2022, approx. 19K units of household washing and drying machines were imported into Sri Lanka; with a decrease of -25.7% compared with 2021. Overall, imports saw a significant curtailment. The smallest decline of -3.4% was in 2021. Imports peaked at 40K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, washing and drying machine imports reduced sharply to $3M in 2022. Over the period under review, imports faced a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 28% against the previous year. Imports peaked at $4.3M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Washing and Drying Machine in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1,676 | 270 | 1,256 | 1,383 | -6.2% |
| China | 1,513 | 589 | 1,223 | 363 | -37.9% |
| Thailand | 455 | 440 | 360 | 328 | -10.3% |
| Germany | 12.4 | 35.6 | 1.9 | 63.5 | 72.4% |
| Turkey | 169 | 57.5 | 101 | 38.6 | -38.9% |
| Singapore | 38.3 | 81.5 | 40.3 | 0.6 | -75.0% |
| Others | 455 | 1,592 | 929 | 781 | 19.7% |
| Total | 4,319 | 3,066 | 3,910 | 2,957 | -11.9% |
Top Suppliers of Washing and Drying Machine to Sri Lanka in 2022:
- Singapore (undefinedK units)
- India (6.8K units)
- Thailand (2.4K units)
- China (1.7K units)
- Germany (0.4K units)
- Turkey (0.2K units)
Exports of Washing and Drying Machine in Sri Lanka
For the third year in a row, Sri Lanka recorded decline in overseas shipments of household washing and drying machines, which decreased by -46.7% to 8 units in 2022. Over the period under review, exports saw a dramatic decrease. The smallest decline of -46.3% was in 2020. Over the period under review, the exports hit record highs at 134 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, washing and drying machine exports reduced to $1.4K in 2022. In general, exports recorded a precipitous decline. Over the period under review, the exports reached the peak figure at $38K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Washing and Drying Machine in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 5.5 | 22.3 | 4.5 | 4.7 | -5.1% |
| Germany | N/A | N/A | N/A | 0.7 | 0% |
| India | 0.4 | 0.6 | 0.4 | 0.2 | -20.6% |
| China | 0.5 | 0.6 | 1.1 | 0.2 | -26.3% |
| Egypt | N/A | N/A | N/A | 0.1 | 0% |
| South Korea | 0.6 | 0.6 | 0.6 | N/A | 0.0% |
| Seychelles | 25.3 | N/A | N/A | N/A | 0% |
| Ethiopia | 0.4 | 0.2 | 0.1 | N/A | -50.0% |
| Singapore | 0.6 | 0.4 | 0.3 | N/A | -29.3% |
| Bangladesh | 6.5 | 3.7 | 3.6 | N/A | -25.6% |
| Others | -1.7 | -5.2 | -9.0 | -4.5 | 38.3% |
| Total | 38.0 | 23.1 | 1.5 | 1.4 | -66.7% |
Top Export Markets for Washing and Drying Machine from Sri Lanka in 2022:
- Maldives (10.0 units)
- India (4.0 units)
- Egypt (1.0 units)
- Ethiopia (1.0 units)
- Germany (1.0 units)
- China (1.0 units)
- South Korea (1.0 units)
This report provides an in-depth analysis of the market for washing and drying machine in Sri Lanka. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27511300 - Cloth washing and drying machines, of the household type
Country coverage:
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sri Lanka
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Global washing machine imports totaled X tons in 2016, growing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- the ...
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China continued its dominance in the global household washing and drying machines trade. In 2014, China exported X million units of household washing and drying machines totaling X million USD, X% over the previous year. Its primary trading partne
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Explore the top import markets for washing and drying machines with key statistics and data provided by IndexBox market intelligence platform.
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In value terms, dish washing machines imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable f...
846
In value terms, dish washing machines exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend patter...
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Global washing machine imports totaled X tons in 2016, growing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- the ...
