Price for Household or Laundry-Type Washing Machine in Japan - 2023
Contents:
- Price for Household or Laundry-Type Washing Machine in Japan (CIF) - 2022
- Price for Household or Laundry-Type Washing Machine in Japan (FOB) - 2022
- Imports of Household or Laundry-Type Washing Machine in Japan
- Exports of Household or Laundry-Type Washing Machine in Japan
Price for Household or Laundry-Type Washing Machine in Japan (CIF) - 2022
In 2022, the average import price for household or laundry-type washing machines amounted to $450 per unit, leveling off at the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 1.7% against the previous year. Over the period under review, average import prices hit record highs at $454 per unit in 2021, and then contracted modestly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($548 per unit), while the price for Vietnam ($176 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+1.8%), while the prices for the other major suppliers experienced a decline.
Price for Household or Laundry-Type Washing Machine in Japan (FOB) - 2022
In 2022, the average export price for household or laundry-type washing machines amounted to $205 per unit, falling by -21.2% against the previous year. Overall, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2020 an increase of 149% against the previous year. Over the period under review, the average export prices reached the maximum at $809 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($830 per unit), while the average price for exports to Mexico ($18 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+0.4%), while the prices for the other major destinations experienced a decline.
Imports of Household or Laundry-Type Washing Machine in Japan
In 2022, household or laundry-type washing machine imports into Japan totaled 2.7M units, picking up by 4.3% against 2021 figures. The total import volume increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 10%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, household or laundry-type washing machine imports stood at $1.2B in 2022. The total import value increased at an average annual rate of +5.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 12% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.
| Import of Household or Laundry-Type Washing Machine in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 853 | 892 | 1,016 | 1,040 | 6.8% |
| Thailand | 165 | 139 | 141 | 142 | -4.9% |
| Vietnam | 2.2 | 0.4 | 0.3 | 15.6 | 92.1% |
| Others | 18.8 | 17.2 | 16.5 | 14.5 | -8.3% |
| Total | 1,038 | 1,048 | 1,173 | 1,212 | 5.3% |
Top Suppliers of Household or Laundry-Type Washing Machine to Japan in 2022:
- China (2324.9K units)
- Thailand (259.2K units)
- Vietnam (88.8K units)
Exports of Household or Laundry-Type Washing Machine in Japan
In 2022, exports of household or laundry-type washing machines from Japan surged to 213K units, rising by 27% on 2021. In general, exports, however, recorded a noticeable setback. The pace of growth was the most pronounced in 2021 when exports increased by 104% against the previous year. The exports peaked at 232K 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 fell modestly to $44M in 2022. The total export value increased at an average annual rate of +3.6% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 26%. As a result, the exports attained the peak of $44M, leveling off in the following year.
| Export of Household or Laundry-Type Washing Machine in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 18.4 | 20.8 | 27.9 | 27.0 | 13.6% |
| China | 4.9 | 3.8 | 5.0 | 4.0 | -6.5% |
| Mexico | 6.7 | 1.4 | 2.8 | 2.5 | -28.0% |
| Cambodia | 2.0 | 1.6 | 0.9 | 2.2 | 3.2% |
| Others | 7.1 | 7.0 | 7.0 | 7.8 | 3.2% |
| Total | 39.1 | 34.6 | 43.6 | 43.5 | 3.6% |
Top Export Markets for Household or Laundry-Type Washing Machine from Japan in 2022:
- Mexico (139.7K units)
- Taiwan (Chinese) (32.5K units)
- Cambodia (17.2K units)
- China (14.8K units)
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