Price for Household or Laundry-Type Washing Machine in Norway - 2023
Contents:
- Price for Household or Laundry-Type Washing Machine in Norway (CIF) - 2022
- Price for Household or Laundry-Type Washing Machine in Norway (FOB) - 2022
- Imports of Household or Laundry-Type Washing Machine in Norway
- Exports of Household or Laundry-Type Washing Machine in Norway
Price for Household or Laundry-Type Washing Machine in Norway (CIF) - 2022
In 2021, the average import price for household or laundry-type washing machines amounted to $480 per unit, picking up by 15% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $497 per unit in 2014; however, from 2015 to 2021, import prices remained at a 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 Germany ($650 per unit), while the price for Slovakia ($253 per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Household or Laundry-Type Washing Machine in Norway (FOB) - 2022
The average export price for household or laundry-type washing machines stood at $1,109 per unit in 2021, increasing by 27% against the previous year. In general, the export price recorded a slight expansion. The pace of growth appeared the most rapid in 2014 an increase of 80%. As a result, the export price reached the peak level of $1,302 per unit. From 2015 to 2021, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Denmark ($1,045 per unit), while the average price for exports to Vietnam ($1.8 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 Denmark (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Household or Laundry-Type Washing Machine in Norway
After three years of growth, supplies from abroad of household or laundry-type washing machines decreased by -14.2% to 229K units in 2022. Over the period under review, imports continue to indicate a slight curtailment. The growth pace was the most rapid in 2021 with an increase of 9.4%. As a result, imports reached the peak of 267K units, and then dropped in the following year.
In value terms, household or laundry-type washing machine imports declined remarkably to $98M in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 25%. As a result, imports reached the peak of $128M, and then fell significantly in the following year.
| Import of Household or Laundry-Type Washing Machine in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| China | 13.9 | 17.6 | 29.8 | 46.4% | |
| Poland | 22.1 | 26.0 | 29.5 | 15.5% | |
| Italy | 16.0 | 14.3 | 18.6 | 7.8% | |
| Turkey | 15.8 | 16.1 | 18.2 | 7.3% | |
| Germany | 18.5 | 16.1 | 16.7 | -5.0% | |
| Slovenia | 1.8 | 1.9 | 3.3 | 35.4% | |
| Slovakia | 2.9 | 2.7 | 2.9 | 0.0% | |
| Others | 7.5 | 7.6 | 9.3 | 11.4% | |
| Total | 98.5 | 102 | 128 | 14.0% | |
Top Suppliers of Household or Laundry-Type Washing Machine to Norway in 2022:
- Poland (97.8K units)
- China (86.1K units)
- Turkey (67.8K units)
- Italy (48.4K units)
- Germany (25.7K units)
- Slovakia (11.3K units)
- Slovenia (10.5K units)
Exports of Household or Laundry-Type Washing Machine in Norway
In 2022, the amount of household or laundry-type washing machines exported from Norway surged to 3.2K units, rising by 73% compared with 2021 figures. Over the period under review, total exports indicated a perceptible expansion from 2019 to 2022: its volume increased at an average annual rate of +4.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, household or laundry-type washing machine exports amounted to $2.2M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +11.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -15.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 63%. As a result, the exports reached the peak of $2.6M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Household or Laundry-Type Washing Machine in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Germany | N/A | 0.4 | 1,069 | 267150.0% | |
| Sweden | 539 | 1,280 | 427 | -11.0% | |
| China | 6.2 | 16.2 | 80.0 | 259.2% | |
| Denmark | 383 | 127 | 52.5 | -63.0% | |
| Netherlands | 49.0 | 10.9 | 34.0 | -16.7% | |
| Gambia | 4.6 | 2.7 | 7.2 | 25.1% | |
| Faroe Islands | N/A | N/A | 7.1 | 0% | |
| Ghana | 9.3 | N/A | 4.6 | -29.7% | |
| United States | 84.5 | N/A | 4.3 | -77.4% | |
| Vietnam | N/A | N/A | 0.5 | 0% | |
| Others | 528 | 1,179 | 377 | -15.5% | |
| Total | 1,603 | 2,616 | 2,063 | 13.4% | |
Top Export Markets for Household or Laundry-Type Washing Machine from Norway in 2022:
- Germany (3305.0 units)
- Sweden (1041.0 units)
- Faroe Islands (711.0 units)
- Gambia (389.0 units)
- Vietnam (288.0 units)
- Netherlands (250.0 units)
- China (186.0 units)
- Denmark (50.0 units)
- Ghana (14.0 units)
- United States (2.0 units)
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