Price for Household or Laundry-Type Washing Machine in Ecuador - 2022
Contents:
- Price for Household or Laundry-Type Washing Machine in Ecuador (CIF) - 2022
- Price for Household or Laundry-Type Washing Machine in Ecuador (FOB) - 2022
- Imports of Household or Laundry-Type Washing Machine in Ecuador
- Exports of Household or Laundry-Type Washing Machine in Ecuador
Price for Household or Laundry-Type Washing Machine in Ecuador (CIF) - 2022
The average import price for household or laundry-type washing machines stood at $1,597 per unit in 2022, growing by 8.4% against the previous year. Overall, the import price saw resilient growth. The pace of growth appeared the most rapid in 2017 when the average import price increased by 59% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Chile ($4,163 per unit), while the price for Vietnam ($572 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+26.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Household or Laundry-Type Washing Machine in Ecuador (FOB) - 2022
The average export price for household or laundry-type washing machines stood at $88 per unit in 2022, waning by -18.6% against the previous year. Overall, the export price showed a deep slump. The most prominent rate of growth was recorded in 2020 an increase of 28%. The export price peaked at $399 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Venezuela ($88 per unit), while the average price for exports to Guatemala totaled $88 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (-7.2%), while the prices for the other major destinations experienced a decline.
Imports of Household or Laundry-Type Washing Machine in Ecuador
In 2022, approx. 60K units of household or laundry-type washing machines were imported into Ecuador; rising by 16% compared with the year before. In general, imports, however, showed a pronounced decrease. The growth pace was the most rapid in 2021 when imports increased by 26%. Imports peaked at 65K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, household or laundry-type washing machine imports skyrocketed to $97M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +11.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Household or Laundry-Type Washing Machine in Ecuador (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 19.0 | 15.4 | 26.0 | 26.3 | 11.4% |
| Thailand | 22.7 | 15.8 | 18.9 | 23.1 | 0.6% |
| Mexico | 8.9 | 8.9 | 13.8 | 15.2 | 19.5% |
| Colombia | 5.0 | 4.8 | 5.9 | 9.3 | 23.0% |
| Vietnam | 2.9 | 2.9 | 4.1 | 7.9 | 39.7% |
| Chile | 3.5 | 2.2 | 3.3 | 4.8 | 11.1% |
| United States | 6.6 | 3.2 | 1.8 | 4.3 | -13.3% |
| Others | 2.2 | 1.8 | 3.0 | 5.8 | 38.1% |
| Total | 70.7 | 55.0 | 76.9 | 96.6 | 11.0% |
Top Suppliers of Household or Laundry-Type Washing Machine to Ecuador in 2022:
- China (20.4K units)
- Vietnam (13.7K units)
- Thailand (10.9K units)
- Mexico (7.1K units)
- Colombia (3.8K units)
- United States (1.3K units)
- Chile (1.2K units)
Exports of Household or Laundry-Type Washing Machine in Ecuador
Household or laundry-type washing machine exports from Ecuador skyrocketed to 2.4K units in 2022, jumping by 1,386% compared with 2021 figures. Overall, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, household or laundry-type washing machine exports soared to $209K in 2022. Over the period under review, exports recorded a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Household or Laundry-Type Washing Machine in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Venezuela | N/A | N/A | N/A | 107 | 0% |
| Guatemala | N/A | N/A | 4.5 | 100 | 2122.2% |
| Panama | N/A | 4.8 | 8.3 | 2.2 | -32.3% |
| Dominican Republic | 3.8 | N/A | 0.3 | N/A | -71.9% |
| Colombia | 61.9 | 16.0 | 3.5 | N/A | -76.2% |
| United States | 47.5 | N/A | N/A | N/A | 0% |
| Mexico | 17.6 | N/A | N/A | N/A | 0% |
| Peru | N/A | 185 | N/A | N/A | 0% |
| Others | N/A | N/A | 0.7 | N/A | 0% |
| Total | 131 | 206 | 17.3 | 209 | 16.8% |
Top Export Markets for Household or Laundry-Type Washing Machine from Ecuador in 2022:
- Venezuela (1220.0 units)
- Guatemala (1143.0 units)
- Panama (26.0 units)
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