Price for Household or Laundry-Type Washing Machine in Ireland - 2023
Contents:
- Price for Household or Laundry-Type Washing Machine in Ireland (CIF) - 2023
- Price for Household or Laundry-Type Washing Machine in Ireland (FOB) - 2023
- Imports of Household or Laundry-Type Washing Machine in Ireland
- Exports of Household or Laundry-Type Washing Machine in Ireland
Price for Household or Laundry-Type Washing Machine in Ireland (CIF) - 2023
The average import price for household or laundry-type washing machines stood at $292 per unit in May 2023, standing approximately at the previous month. Over the period from May 2022 to May 2023, it increased at an average monthly rate of +1.4%. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 7.5% m-o-m. The import price peaked in May 2023.
There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was the UK ($334 per unit), while the price for Poland ($212 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 Spain (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Household or Laundry-Type Washing Machine in Ireland (FOB) - 2023
In May 2023, the average export price for household or laundry-type washing machines amounted to $158 per unit, dropping by -45.2% against the previous month. Overall, the export price saw a deep slump. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 66% against the previous month. As a result, the export price attained the peak level of $622 per unit. From March 2023 to May 2023, the the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the UK.
From May 2022 to May 2023, the rate of growth in terms of prices for the UK amounted to -7.0% per month.
Imports of Household or Laundry-Type Washing Machine in Ireland
Household or laundry-type washing machine imports into Ireland was estimated at 252K units in 2022, growing by 14% against the previous year. The total import volume increased at an average annual rate of +4.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, household or laundry-type washing machine imports amounted to $58M in 2022. The total import value increased at an average annual rate of +4.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Household or Laundry-Type Washing Machine in Ireland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Turkey | 15.7 | 5.7 | 11.6 | -14.0% | |
United Kingdom | 6.9 | 21.3 | 10.7 | 24.5% | |
China | 8.2 | 4.2 | 8.8 | 3.6% | |
Poland | 10.9 | 11.3 | 6.3 | -24.0% | |
Italy | 3.2 | 4.8 | 6.1 | 38.1% | |
Netherlands | N/A | N/A | 3.4 | 0% | |
Slovakia | 1.7 | 1.1 | 1.8 | 2.9% | |
Germany | 2.0 | 2.3 | 1.8 | -5.1% | |
Others | 3.1 | 1.8 | 4.3 | 17.8% | |
Total | 51.8 | 52.6 | 54.8 | 2.9% |
Top Suppliers of Household or Laundry-Type Washing Machine to Ireland in 2022:
- Turkey (72.1K units)
- Poland (48.6K units)
- United Kingdom (47.3K units)
- China (47.0K units)
- Italy (34.9K units)
- Slovakia (13.9K units)
- Netherlands (7.9K units)
- Germany (5.2K units)
Exports of Household or Laundry-Type Washing Machine in Ireland
In 2022, approx. 7K units of household or laundry-type washing machines were exported from Ireland; waning by -26.1% against the previous year. Overall, exports showed a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 21%. Over the period under review, the exports hit record highs at 12K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, household or laundry-type washing machine exports shrank significantly to $2.4M in 2022. Over the period under review, exports showed a pronounced decrease. The most prominent rate of growth was recorded in 2021 with an increase of 48%. As a result, the exports reached the peak of $3.9M, and then fell notably in the following year.
Export of Household or Laundry-Type Washing Machine in Ireland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
United Kingdom | 2.7 | 2.4 | 3.9 | 20.2% | |
Germany | N/A | 0.2 | N/A | 0% | |
United States | N/A | N/A | N/A | 0% | |
Others | 0.1 | N/A | N/A | 0% | |
Total | 2.8 | 2.7 | 3.9 | 18.0% |
Top Export Markets for Household or Laundry-Type Washing Machine from Ireland in 2022:
- United States (undefinedK units)
- Germany (undefinedK units)
- United Kingdom (12.9K units)
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