Price for Household or Laundry-Type Washing Machine in Germany - 2023
Contents:
- Price for Household or Laundry-Type Washing Machine in Germany (CIF) - 2023
- Price for Household or Laundry-Type Washing Machine in Germany (FOB) - 2023
- Imports of Household or Laundry-Type Washing Machine in Germany
- Exports of Household or Laundry-Type Washing Machine in Germany
Price for Household or Laundry-Type Washing Machine in Germany (CIF) - 2023
In May 2023, the average import price for household or laundry-type washing machines amounted to $310 per unit, dropping by -2.7% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 14% against the previous month. The import price peaked at $319 per unit in April 2023, and then reduced modestly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Poland ($351 per unit), while the price for Belgium ($228 per unit) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Turkey (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Household or Laundry-Type Washing Machine in Germany (FOB) - 2023
In May 2023, the average export price for household or laundry-type washing machines amounted to $586 per unit, growing by 3% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 12% m-o-m. Over the period under review, the average export prices attained the peak figure in May 2023.
There were significant differences in the average prices for the major external markets. In May 2023, the country with the highest price was China ($915 per unit), while the average price for exports to Austria ($451 per unit) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Household or Laundry-Type Washing Machine in Germany
In 2022, after three years of growth, there was significant decline in purchases abroad of household or laundry-type washing machines, when their volume decreased by -7.3% to 3.2M units. The total import volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2020 with an increase of 11%. Over the period under review, imports hit record highs at 3.5M units in 2021, and then shrank in the following year.
In value terms, household or laundry-type washing machine imports contracted slightly to $940M in 2022. The total import value increased at an average annual rate of +9.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 17%. As a result, imports attained the peak of $970M, and then reduced slightly in the following year.
Import of Household or Laundry-Type Washing Machine in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Poland | 251 | 384 | 438 | 32.1% | |
China | 142 | 83.6 | 129 | -4.7% | |
Italy | 66.1 | 83.5 | 120 | 34.7% | |
Turkey | 108 | 101 | 102 | -2.8% | |
Spain | 39.7 | 44.6 | 44.0 | 5.3% | |
Czech Republic | 27.8 | 31.3 | 39.3 | 18.9% | |
Netherlands | 4.4 | 14.5 | 19.5 | 110.5% | |
Slovenia | 16.6 | 10.6 | 11.9 | -15.3% | |
Slovakia | 26.5 | 20.3 | 8.1 | -44.7% | |
Others | 41.1 | 55.9 | 59.3 | 20.1% | |
Total | 722 | 829 | 970 | 15.9% |
Top Suppliers of Household or Laundry-Type Washing Machine to Germany in 2022:
- Poland (1964.5K units)
- China (703.0K units)
- Italy (697.6K units)
- Turkey (581.0K units)
- Spain (225.2K units)
- Czech Republic (94.7K units)
- Netherlands (82.1K units)
- Slovenia (67.7K units)
- Slovakia (46.2K units)
Exports of Household or Laundry-Type Washing Machine in Germany
In 2022, shipments abroad of household or laundry-type washing machines decreased by -22.2% to 1.4M units, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2020 with an increase of 8.3%. As a result, the exports reached the peak of 1.9M units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, household or laundry-type washing machine exports reached $897M in 2022. The total export value increased at an average annual rate of +4.7% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 8.1% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the near future.
Export of Household or Laundry-Type Washing Machine in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Austria | 80.6 | 89.9 | 97.8 | 10.2% | |
Netherlands | 85.8 | 86.5 | 79.0 | -4.0% | |
China | 28.9 | 34.5 | 57.1 | 40.6% | |
United Kingdom | 48.8 | 54.7 | 56.6 | 7.7% | |
Poland | 29.3 | 38.8 | 55.4 | 37.5% | |
Switzerland | 46.5 | 48.1 | 49.6 | 3.3% | |
United States | 49.6 | 49.3 | 49.3 | -0.3% | |
France | 48.1 | 42.1 | 48.2 | 0.1% | |
Australia | 36.7 | 46.3 | 43.7 | 9.1% | |
Belgium | 44.7 | 41.5 | 43.5 | -1.4% | |
Italy | 38.3 | 35.6 | 39.4 | 1.4% | |
Sweden | 31.8 | 38.9 | 36.6 | 7.3% | |
Spain | 23.3 | 27.9 | 28.6 | 10.8% | |
Others | 190 | 212 | 180 | -2.7% | |
Total | 783 | 846 | 864 | 5.0% |
Top Export Markets for Household or Laundry-Type Washing Machine from Germany in 2022:
- Austria (365.9K units)
- Netherlands (254.8K units)
- Poland (191.0K units)
- United Kingdom (157.0K units)
- Belgium (154.6K units)
- Australia (138.8K units)
- United States (118.7K units)
- France (112.8K units)
- Switzerland (105.4K units)
- Spain (97.7K units)
- China (94.3K units)
- Sweden (93.3K units)
- Italy (90.3K units)
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