Price for Household or Laundry-Type Washing Machine in Israel - 2023

Contents:

  1. Price for Household or Laundry-Type Washing Machine in Israel (CIF) - 2022
  2. Price for Household or Laundry-Type Washing Machine in Israel (FOB) - 2022
  3. Imports of Household or Laundry-Type Washing Machine in Israel
  4. Exports of Household or Laundry-Type Washing Machine in Israel

Price for Household or Laundry-Type Washing Machine in Israel (CIF) - 2022

In 2021, the average import price for household or laundry-type washing machines amounted to $247 per unit, picking up by 3.7% against the previous year. Overall, the import price, however, recorded a mild shrinkage. The most prominent rate of growth was recorded in 2020 an increase of 7.9%. The import price peaked at $300 per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Belgium ($249 per unit) and Italy ($189 per unit), while the price for the Netherlands ($177 per unit) and Poland ($178 per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+1.9%), while the prices for the other major suppliers experienced a decline.

Price for Household or Laundry-Type Washing Machine in Israel (FOB) - 2022

In 2021, the average export price for household or laundry-type washing machines amounted to $598 per unit, increasing by 75% against the previous year. Over the period under review, export price indicated a measured expansion from 2012 to 2021: its price increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Greece ($165 per unit), while the average price for exports to China ($12 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 Palestine (-2.8%).

Imports of Household or Laundry-Type Washing Machine in Israel

In 2022, imports of household or laundry-type washing machines into Israel amounted to 473K units, growing by 5% compared with 2021 figures. The total import volume increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, household or laundry-type washing machine imports totaled $120M in 2022. The total import value increased at an average annual rate of +8.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 21% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Household or Laundry-Type Washing Machine in Israel (Million USD)
COUNTRY201920202021CAGR,
2019-2021
Poland21.71.431.620.7%
China27.812.129.93.7%
Turkey21.67.020.7-2.1%
Germany11.723.410.9-3.5%
Italy3.112.43.21.6%
Slovakia3.3N/A2.2-18.4%
Netherlands0.27.51.9208.2%
South Korea1.23.21.822.5%
Others4.324.89.044.7%
Total94.991.81118.2%

Top Suppliers of Household or Laundry-Type Washing Machine to Israel in 2022:

  1. Poland (177.7K units)
  2. China (166.1K units)
  3. Turkey (115.4K units)
  4. Germany (60.8K units)
  5. Italy (16.7K units)
  6. Slovakia (12.3K units)
  7. Netherlands (10.5K units)
  8. South Korea (9.3K units)

Exports of Household or Laundry-Type Washing Machine in Israel

In 2022, household or laundry-type washing machine exports from Israel skyrocketed to 2.3K units, with an increase of 510% on the year before. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 1,392% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, household or laundry-type washing machine exports soared to $1M in 2022. Over the period under review, exports recorded significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 1,242% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Household or Laundry-Type Washing Machine in Israel (Million USD)
COUNTRY201920202021CAGR,
2019-2021
United StatesN/AN/A0.10%
Palestine9.15.7N/A-37.4%
GreeceN/AN/AN/A0%
ChinaN/AN/AN/A0%
UkraineN/AN/AN/A0%
Others-9.1-5.5N/A-39.6%
TotalN/A0.30.2-33.3%

Top Export Markets for Household or Laundry-Type Washing Machine from Israel in 2022:

  1. China (2.8K units)
  2. Ukraine (1.9K units)
  3. United States (1.4K units)
  4. Greece (0.1K units)

Source: IndexBox Market Intelligence Platform

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