Price for Household or Laundry-Type Washing Machine in Hong Kong SAR - 2023
Contents:
- Price for Household or Laundry-Type Washing Machine in Hong Kong SAR (CIF) - 2022
- Price for Household or Laundry-Type Washing Machine in Hong Kong SAR (FOB) - 2022
- Imports of Household or Laundry-Type Washing Machine in Hong Kong SAR
- Exports of Household or Laundry-Type Washing Machine in Hong Kong SAR
Price for Household or Laundry-Type Washing Machine in Hong Kong SAR (CIF) - 2022
The average import price for household or laundry-type washing machines stood at $290 per unit in 2021, growing by 7.5% against the previous year. In general, the import price, however, recorded a noticeable setback. The pace of growth appeared the most rapid in 2018 an increase of 8.1% against the previous year. The import price peaked at $462 per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.
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 France ($379 per unit), while the price for Turkey ($178 per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+3.0%), while the prices for the other major suppliers experienced a decline.
Price for Household or Laundry-Type Washing Machine in Hong Kong SAR (FOB) - 2022
The average export price for household or laundry-type washing machines stood at $985 per unit in 2021, surging by 34% against the previous year. Overall, the export price posted mild growth. The growth pace was the most rapid in 2014 when the average export price increased by 106% against the previous year. As a result, the export price reached the peak level of $1,429 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 foreign markets. In 2021, amid the top suppliers, the country with the highest price was China ($674 per unit), while the average price for exports to Italy ($33 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 Venezuela (+52.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Household or Laundry-Type Washing Machine in Hong Kong SAR
In 2022, approx. 391K units of household or laundry-type washing machines were imported into Hong Kong SAR; falling by -5.1% on 2021 figures. Over the period under review, imports continue to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 4.7% against the previous year. Over the period under review, imports hit record highs at 436K 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 shrank to $108M in 2022. Overall, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 13% against the previous year. Over the period under review, imports hit record highs at $135M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Household or Laundry-Type Washing Machine in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| China | 73.6 | 51.2 | 58.2 | -11.1% | |
| Italy | 15.3 | 12.1 | 10.5 | -17.2% | |
| Poland | 7.4 | 6.8 | 9.2 | 11.5% | |
| Germany | 9.0 | 6.7 | 8.2 | -4.5% | |
| Thailand | 6.8 | 7.0 | 7.3 | 3.6% | |
| Slovakia | 6.1 | 5.1 | 5.9 | -1.7% | |
| Turkey | 3.8 | 3.1 | 5.1 | 15.8% | |
| Others | 13.0 | 14.1 | 15.0 | 7.4% | |
| Total | 135 | 106 | 119 | -6.1% | |
Top Suppliers of Household or Laundry-Type Washing Machine to Hong Kong SAR in 2022:
- China (271.6K units)
- Italy (56.7K units)
- Thailand (39.6K units)
- Poland (35.4K units)
- Germany (34.5K units)
- Slovakia (30.6K units)
- Turkey (28.5K units)
Exports of Household or Laundry-Type Washing Machine in Hong Kong SAR
In 2022, approx. 29K units of household or laundry-type washing machines were exported from Hong Kong SAR; which is down by -29.6% compared with 2021 figures. Over the period under review, exports recorded a sharp reduction. The pace of growth was the most pronounced in 2021 when exports increased by 19% against the previous year. Over the period under review, the exports reached the maximum at 66K 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 shrank significantly to $25M in 2022. Overall, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 60% against the previous year. As a result, the exports attained the peak of $41M, and then fell significantly in the following year.
| Export of Household or Laundry-Type Washing Machine in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| China | 0.4 | 0.1 | 27.6 | 730.7% | |
| Macao SAR | 0.1 | N/A | 5.9 | 668.1% | |
| Russia | N/A | N/A | 2.5 | 0% | |
| Italy | N/A | N/A | 1.9 | 0% | |
| Turkey | N/A | N/A | 0.9 | 0% | |
| United States | 0.2 | 0.1 | 0.7 | 87.1% | |
| Brazil | 0.6 | 0.3 | N/A | -50.0% | |
| Jamaica | 0.5 | 0.3 | N/A | -40.0% | |
| Others | 38.9 | 24.6 | 1.2 | -82.4% | |
| Total | 40.5 | 25.4 | 40.6 | 0.1% | |
Top Export Markets for Household or Laundry-Type Washing Machine from Hong Kong SAR in 2022:
- Brazil (undefinedK units)
- Italy (55.5K units)
- China (41.0K units)
- Macao SAR (29.6K units)
- Russia (17.0K units)
- Turkey (8.3K units)
- United States (4.4K units)
370
This report provides an in-depth analysis of the market for washing and drying machine in Hong Kong SAR, China.
2017
This report provides an in-depth analysis of the global market for washing and drying machine.
390
Global Household Laundry Machinery Market Report 2018. This report provides an in-depth analysis of the global household laundry machinery market.
370
This report provides an in-depth analysis of the market for washing and drying machine in Hong Kong SAR, China.
2017
This report provides an in-depth analysis of the global market for washing and drying machine.
390
Global Household Laundry Machinery Market Report 2018. This report provides an in-depth analysis of the global household laundry machinery market.
394
In May 2023, the price of the Washing and Drying Machine was $244 per unit (CIF, Hong Kong), showing a decrease of -3.2% compared to the previous month.
331
Explore the top import markets for washing and drying machines with key statistics and data provided by IndexBox market intelligence platform.
786
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...
939
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...
1048
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 ...
1849
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 ...
1423
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
394
In May 2023, the price of the Washing and Drying Machine was $244 per unit (CIF, Hong Kong), showing a decrease of -3.2% compared to the previous month.
331
Explore the top import markets for washing and drying machines with key statistics and data provided by IndexBox market intelligence platform.
786
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...
