Price for Household or Laundry-Type Washing Machine in Tanzania - 2022
Contents:
- Price for Household or Laundry-Type Washing Machine in Tanzania (CIF) - 2022
- Price for Household or Laundry-Type Washing Machine in Tanzania (FOB) - 2022
- Imports of Household or Laundry-Type Washing Machine in Tanzania
- Exports of Household or Laundry-Type Washing Machine in Tanzania
Price for Household or Laundry-Type Washing Machine in Tanzania (CIF) - 2022
In 2022, the average import price for household or laundry-type washing machines amounted to $587 per unit, growing by 13% against the previous year. Over the period under review, the import price posted prominent growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 44%. The import price peaked in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($1,414 per unit), while the price for Hong Kong SAR ($6.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Household or Laundry-Type Washing Machine in Tanzania (FOB) - 2022
The average export price for household or laundry-type washing machines stood at $34 per unit in 2022, declining by -85.6% against the previous year. Overall, the export price saw a abrupt decline. The most prominent rate of growth was recorded in 2013 an increase of 148%. As a result, the export price reached the peak level of $398 per unit. From 2014 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zambia ($262 per unit), while the average price for exports to Botswana ($0.8 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 Ghana (+15.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Household or Laundry-Type Washing Machine in Tanzania
In 2022, overseas purchases of household or laundry-type washing machines were finally on the rise to reach 6.7K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a abrupt decrease. Imports peaked at 9.9K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, household or laundry-type washing machine imports skyrocketed to $3.9M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +14.4% 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 +90.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Household or Laundry-Type Washing Machine in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,554 | 1,070 | 1,562 | 2,494 | 17.1% |
| Cambodia | N/A | N/A | N/A | 216 | 0% |
| Vietnam | 51.6 | 7.8 | 46.9 | 174 | 50.0% |
| Egypt | 8.0 | 12.2 | 21.8 | 101 | 132.9% |
| United Arab Emirates | 457 | 229 | 407 | 53.8 | -51.0% |
| United Kingdom | 12.4 | 19.7 | 19.2 | 42.8 | 51.1% |
| Singapore | 3.2 | 0.4 | 0.9 | 3.6 | 4.0% |
| South Korea | 64.2 | 37.5 | 8.3 | 1.6 | -70.8% |
| Hong Kong SAR | 21.1 | 11.2 | 3.8 | 1.1 | -62.6% |
| Others | 448 | 676 | 429 | 835 | 23.1% |
| Total | 2,620 | 2,064 | 2,500 | 3,923 | 14.4% |
Top Suppliers of Household or Laundry-Type Washing Machine to Tanzania in 2022:
- China (3603.0 units)
- Cambodia (884.0 units)
- Vietnam (691.0 units)
- United Kingdom (374.0 units)
- Hong Kong SAR (172.0 units)
- Egypt (138.0 units)
- Singapore (115.0 units)
- United Arab Emirates (107.0 units)
- South Korea (15.0 units)
Exports of Household or Laundry-Type Washing Machine in Tanzania
Household or laundry-type washing machine exports from Tanzania soared to 369 units in 2022, rising by 1,090% on 2021 figures. Overall, exports enjoyed significant growth. 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 soared to $13K in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 255% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Household or Laundry-Type Washing Machine in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 0.1 | N/A | N/A | 6.6 | 304.1% |
| Kenya | N/A | 0.6 | N/A | 1.4 | 52.8% |
| United States | N/A | N/A | N/A | 0.2 | 0% |
| United Kingdom | N/A | N/A | N/A | 0.2 | 0% |
| Botswana | N/A | N/A | N/A | 0.1 | 0% |
| Malawi | 1.9 | 0.1 | 1.9 | N/A | 0.0% |
| Ethiopia | 0.6 | 0.1 | N/A | N/A | -83.3% |
| Saudi Arabia | N/A | N/A | 1.5 | N/A | 0% |
| Others | 2.5 | 1.4 | 3.9 | 4.0 | 17.0% |
| Total | 5.1 | 2.1 | 7.3 | 12.5 | 34.8% |
Top Export Markets for Household or Laundry-Type Washing Machine from Tanzania in 2022:
- Botswana (200.0 units)
- United Kingdom (90.0 units)
- Democratic Republic of the Congo (29.0 units)
- United States (22.0 units)
- Kenya (7.0 units)
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