Price for Household or Laundry-Type Washing Machine in Pakistan - 2023
Contents:
- Price for Household or Laundry-Type Washing Machine in Pakistan (CIF) - 2022
- Price for Household or Laundry-Type Washing Machine in Pakistan (FOB) - 2022
- Imports of Household or Laundry-Type Washing Machine in Pakistan
- Exports of Household or Laundry-Type Washing Machine in Pakistan
Price for Household or Laundry-Type Washing Machine in Pakistan (CIF) - 2022
In 2022, the average import price for household or laundry-type washing machines amounted to $5,481 per unit, shrinking by -19.4% against the previous year. Over the period under review, the import price, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 an increase of 142%. The import price peaked at $6,803 per unit in 2021, and then shrank remarkably 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 China ($9,181 per unit), while the price for the United States ($118 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+39.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Household or Laundry-Type Washing Machine in Pakistan (FOB) - 2022
In 2022, the average export price for household or laundry-type washing machines amounted to $298 per unit, falling by -20.5% against the previous year. Over the period under review, the export price showed a noticeable curtailment. The pace of growth was the most pronounced in 2021 when the average export price increased by 53% against the previous year. Over the period under review, the average export prices reached the peak figure at $397 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Afghanistan ($602 per unit), while the average price for exports to Kazakhstan ($14 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 Iraq (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Household or Laundry-Type Washing Machine in Pakistan
In 2022, purchases abroad of household or laundry-type washing machines increased by 13% to 2.9K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a dramatic decline. Imports peaked at 5.6K 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 dropped to $16M in 2022. The total import value increased at an average annual rate of +8.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 28%. As a result, imports attained the peak of $17M, and then contracted in the following year.
| Import of Household or Laundry-Type Washing Machine in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.9 | 5.7 | 9.0 | 13.2 | 18.7% |
| Turkey | N/A | 0.2 | 0.3 | 1.4 | 164.6% |
| Thailand | 0.9 | 0.7 | 0.9 | 0.6 | -12.6% |
| France | N/A | N/A | N/A | 0.1 | 0% |
| United States | N/A | N/A | N/A | N/A | 0% |
| Poland | N/A | N/A | N/A | N/A | 0% |
| United Arab Emirates | 3.0 | 6.3 | 6.7 | N/A | 49.4% |
| Others | 0.2 | 0.5 | 0.2 | 0.3 | 14.5% |
| Total | 12.1 | 13.5 | 17.2 | 15.6 | 8.8% |
Top Suppliers of Household or Laundry-Type Washing Machine to Pakistan in 2022:
- China (1442.0 units)
- Turkey (307.0 units)
- France (127.0 units)
- Thailand (122.0 units)
- Poland (89.0 units)
- United States (78.0 units)
- United Arab Emirates (1.0 units)
Exports of Household or Laundry-Type Washing Machine in Pakistan
In 2022, shipments abroad of household or laundry-type washing machines decreased by -3.7% to 2.2K units, falling for the second consecutive year after two years of growth. Overall, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 when exports increased by 78%. As a result, the exports reached the peak of 4.9K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, household or laundry-type washing machine exports fell notably to $655K in 2022. Over the period under review, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 57% against the previous year. As a result, the exports attained the peak of $1.2M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Household or Laundry-Type Washing Machine in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Afghanistan | 728 | 989 | 610 | 522 | -10.5% |
| Yemen | 23.8 | 34.8 | 50.3 | 66.3 | 40.7% |
| Iraq | 0.4 | 129 | 161 | 49.2 | 397.3% |
| Djibouti | N/A | N/A | N/A | 8.3 | 0% |
| Kazakhstan | N/A | N/A | N/A | 1.3 | 0% |
| Saudi Arabia | N/A | 27.9 | N/A | N/A | 0% |
| Others | 12.0 | 18.3 | 35.7 | 7.6 | -14.1% |
| Total | 764 | 1,199 | 856 | 655 | -5.0% |
Top Export Markets for Household or Laundry-Type Washing Machine from Pakistan in 2022:
- Afghanistan (868.0 units)
- Yemen (732.0 units)
- Iraq (392.0 units)
- Kazakhstan (90.0 units)
- Djibouti (70.0 units)
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