Price for Household or Laundry-Type Washing Machine in Colombia - 2022
Contents:
- Price for Household or Laundry-Type Washing Machine in Colombia (CIF) - 2022
- Price for Household or Laundry-Type Washing Machine in Colombia (FOB) - 2022
- Imports of Household or Laundry-Type Washing Machine in Colombia
- Exports of Household or Laundry-Type Washing Machine in Colombia
Price for Household or Laundry-Type Washing Machine in Colombia (CIF) - 2022
The average import price for household or laundry-type washing machines stood at $361 per unit in 2021, picking up by 12% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $385 per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was South Korea ($410 per unit), while the price for Chile ($218 per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Household or Laundry-Type Washing Machine in Colombia (FOB) - 2022
In 2021, the average export price for household or laundry-type washing machines amounted to $416 per unit, growing by 4.6% against the previous year. In general, the export price, however, recorded a pronounced downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by 19%. As a result, the export price reached the peak level of $528 per unit. From 2015 to 2021, the average export prices remained at a somewhat lower figure.
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 Costa Rica ($364 per unit), while the average price for exports to Venezuela ($160 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 Bolivia (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Household or Laundry-Type Washing Machine in Colombia
Household or laundry-type washing machine imports into Colombia dropped to 467K units in 2022, falling by -6% against 2021. Over the period under review, imports continue to indicate a pronounced reduction. The growth pace was the most rapid in 2021 with an increase of 14%. Over the period under review, imports hit record highs at 512K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, household or laundry-type washing machine imports fell to $160M in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 28% against the previous year. As a result, imports reached the peak of $179M, and then declined in the following year.
| Import of Household or Laundry-Type Washing Machine in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| China | 53.7 | 44.6 | 59.5 | 5.3% | |
| Mexico | 33.1 | 27.8 | 45.7 | 17.5% | |
| Vietnam | 21.1 | 29.2 | 27.6 | 14.4% | |
| Thailand | 25.5 | 25.7 | 25.2 | -0.6% | |
| South Korea | 9.3 | 3.9 | 7.6 | -9.6% | |
| United States | 9.6 | 5.1 | 6.3 | -19.0% | |
| Others | 4.2 | 3.9 | 7.4 | 32.7% | |
| Total | 156 | 140 | 179 | 7.1% | |
Top Suppliers of Household or Laundry-Type Washing Machine to Colombia in 2022:
- China (231.7K units)
- Mexico (165.7K units)
- Vietnam (113.1K units)
- Thailand (109.4K units)
- United States (19.0K units)
- South Korea (18.6K units)
Exports of Household or Laundry-Type Washing Machine in Colombia
In 2022, overseas shipments of household or laundry-type washing machines decreased by -6.4% to 28K units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 15%. As a result, the exports reached the peak of 30K units, and then declined in the following year.
In value terms, household or laundry-type washing machine exports declined to $11M in 2022. The total export value increased at an average annual rate of +3.9% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 20% against the previous year. As a result, the exports attained the peak of $12M, and then declined in the following year.
| Export of Household or Laundry-Type Washing Machine in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Ecuador | 1,119 | 1,944 | 5,558 | 122.9% | |
| Argentina | 577 | 859 | 2,193 | 95.0% | |
| El Salvador | 75.1 | 130 | 908 | 247.7% | |
| Guatemala | 117 | 336 | 683 | 141.6% | |
| Bolivia | 201 | 222 | 620 | 75.6% | |
| Costa Rica | 75.4 | 117 | 391 | 127.7% | |
| Venezuela | N/A | N/A | 287 | 0% | |
| Chile | 1.0 | 5.6 | 212 | 1356.0% | |
| Jamaica | 18.2 | 83.2 | 207 | 237.2% | |
| Saudi Arabia | N/A | N/A | 204 | 0% | |
| Trinidad and Tobago | 27.4 | 72.0 | 171 | 149.8% | |
| Others | 7,909 | 6,554 | 934 | -65.6% | |
| Total | 10,121 | 10,323 | 12,369 | 10.5% | |
Top Export Markets for Household or Laundry-Type Washing Machine from Colombia in 2022:
- Ecuador (15.4K units)
- Argentina (8.9K units)
- El Salvador (3.3K units)
- Guatemala (2.6K units)
- Bolivia (2.1K units)
- Venezuela (1.8K units)
- Costa Rica (1.1K units)
- Jamaica (0.9K units)
- Saudi Arabia (0.9K units)
- Trinidad and Tobago (0.8K units)
- Chile (0.7K units)
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