Price for Household or Laundry-Type Washing Machine in Sri Lanka - 2021
Contents:
- Price for Household or Laundry-Type Washing Machine in Sri Lanka (CIF) - 2022
- Price for Household or Laundry-Type Washing Machine in Sri Lanka (FOB) - 2022
- Imports of Household or Laundry-Type Washing Machine in Sri Lanka
- Exports of Household or Laundry-Type Washing Machine in Sri Lanka
Price for Household or Laundry-Type Washing Machine in Sri Lanka (CIF) - 2022
The average import price for household or laundry-type washing machines stood at $405 per unit in 2022, surging by 53% against the previous year. Overall, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level 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 China ($544 per unit), while the price for South Korea ($61 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Household or Laundry-Type Washing Machine in Sri Lanka (FOB) - 2022
In 2022, the average export price for household or laundry-type washing machines amounted to $285 per unit, with a decrease of -40.3% against the previous year. Overall, the export price showed a abrupt decline. The pace of growth was the most pronounced in 2017 when the average export price increased by 51%. The export price peaked at $618 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to India ($335 per unit) and China ($301 per unit), while the average price for exports to Germany ($264 per unit) and Maldives ($281 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+131.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Household or Laundry-Type Washing Machine in Sri Lanka
In 2022, approx. 22K units of household or laundry-type washing machines were imported into Sri Lanka; dropping by -55.7% on the previous year. Overall, imports saw a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 50% against the previous year. Imports peaked at 49K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, household or laundry-type washing machine imports dropped notably to $8.8M in 2022. In general, imports faced a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 55% against the previous year. Over the period under review, imports reached the peak figure at $13M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Household or Laundry-Type Washing Machine in Sri Lanka (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.5 | 5.4 | 7.7 | 4.9 | -13.2% |
| Thailand | 0.8 | 0.5 | 0.8 | 1.6 | 26.0% |
| India | 2.1 | 1.1 | 1.0 | 1.5 | -10.6% |
| Turkey | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
| South Korea | 0.3 | 0.2 | 0.5 | 0.1 | -30.7% |
| Others | 2.1 | 0.9 | 2.7 | 0.3 | -47.7% |
| Total | 12.9 | 8.4 | 12.9 | 8.8 | -12.0% |
Top Suppliers of Household or Laundry-Type Washing Machine to Sri Lanka in 2022:
- China (9.0K units)
- India (5.9K units)
- Thailand (4.0K units)
- South Korea (1.5K units)
- Turkey (0.6K units)
Exports of Household or Laundry-Type Washing Machine in Sri Lanka
For the third consecutive year, Sri Lanka recorded decline in overseas shipments of household or laundry-type washing machines, which decreased by -75% to 5 units in 2022. Overall, exports recorded a sharp downturn. The smallest decline of -50.4% was in 2020. Over the period under review, the exports hit record highs at 583 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, household or laundry-type washing machine exports reduced rapidly to $1.4K in 2022. Over the period under review, exports showed a significant decrease. The smallest decline of -31.4% was in 2020. Over the period under review, the exports attained the maximum at $260K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Household or Laundry-Type Washing Machine in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | N/A | 0.7 | 0% |
| Maldives | 86.9 | N/A | 0.4 | 0.2 | -86.8% |
| China | 1.3 | N/A | 0.1 | 0.2 | -46.4% |
| Seychelles | 66.7 | N/A | N/A | N/A | 0% |
| Sweden | 0.3 | 62.4 | 4.1 | N/A | 269.7% |
| United States | 86.4 | 45.4 | 0.9 | N/A | -89.8% |
| Others | 18.6 | 70.7 | 4.1 | 0.2 | -77.9% |
| Total | 260 | 179 | 9.6 | 1.4 | -82.5% |
Top Export Markets for Household or Laundry-Type Washing Machine from Sri Lanka in 2022:
- Germany (3.0 units)
- Maldives (1.0 units)
- China (1.0 units)
663
This report provides an in-depth analysis of the market for washing and drying machine in Sri Lanka.
1960
This report provides an in-depth analysis of the global market for washing and drying machine.
369
Global Household Laundry Machinery Market Report 2018. This report provides an in-depth analysis of the global household laundry machinery market.
663
This report provides an in-depth analysis of the market for washing and drying machine in Sri Lanka.
1960
This report provides an in-depth analysis of the global market for washing and drying machine.
369
Global Household Laundry Machinery Market Report 2018. This report provides an in-depth analysis of the global household laundry machinery market.
260
Explore the top import markets for washing and drying machines with key statistics and data provided by IndexBox market intelligence platform.
750
In value terms, dish washing machines imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable f...
881
In value terms, dish washing machines exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend patter...
956
Global washing machine imports totaled X tons in 2016, growing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- the ...
1754
Global washing machine imports totaled X tons in 2016, growing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- the ...
1383
China continued its dominance in the global household washing and drying machines trade. In 2014, China exported X million units of household washing and drying machines totaling X million USD, X% over the previous year. Its primary trading partne
260
Explore the top import markets for washing and drying machines with key statistics and data provided by IndexBox market intelligence platform.
750
In value terms, dish washing machines imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable f...
881
In value terms, dish washing machines exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend patter...
956
Global washing machine imports totaled X tons in 2016, growing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- the ...
