Price for Household or Laundry-Type Washing Machine in Greece - 2023

Contents:

  1. Price for Household or Laundry-Type Washing Machine in Greece (CIF) - 2022
  2. Price for Household or Laundry-Type Washing Machine in Greece (FOB) - 2022
  3. Imports of Household or Laundry-Type Washing Machine in Greece
  4. Exports of Household or Laundry-Type Washing Machine in Greece

Price for Household or Laundry-Type Washing Machine in Greece (CIF) - 2022

In 2021, the average import price for household or laundry-type washing machines amounted to $252 per unit, picking up by 11% against the previous year. Over the last nine years, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2013 an increase of 17% against the previous year. The import price peaked at $278 per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($331 per unit), while the price for Romania ($123 per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Household or Laundry-Type Washing Machine in Greece (FOB) - 2022

In 2021, the average export price for household or laundry-type washing machines amounted to $522 per unit, surging by 4.3% against the previous year. Overall, export price indicated a strong increase from 2012 to 2021: its price increased at an average annual rate of +6.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, household or laundry-type washing machine export price increased by +43.9% against 2016 indices. The most prominent rate of growth was recorded in 2013 an increase of 40% against the previous year. The export price peaked in 2021 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Albania ($779 per unit), while the average price for exports to Croatia ($143 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 Malta (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Household or Laundry-Type Washing Machine in Greece

In 2022, approx. 948K units of household or laundry-type washing machines were imported into Greece; surging by 141% against the previous year's figure. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, household or laundry-type washing machine imports dropped to $92M in 2022. The total import value increased at an average annual rate of +2.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 34%. As a result, imports attained the peak of $99M, and then shrank in the following year.

Import of Household or Laundry-Type Washing Machine in Greece (Million USD)
COUNTRY201920202021CAGR,
2019-2021
China19.621.829.522.7%
Turkey20.215.619.4-2.0%
Poland14.59.511.8-9.8%
Germany7.86.08.33.2%
Netherlands1.93.36.280.6%
Italy7.34.95.2-15.6%
Slovakia3.94.34.46.2%
Romania1.51.94.165.3%
Others8.56.69.87.4%
Total85.373.998.97.7%

Top Suppliers of Household or Laundry-Type Washing Machine to Greece in 2022:

  1. China (160.5K units)
  2. Turkey (126.5K units)
  3. Poland (72.0K units)
  4. Romania (33.6K units)
  5. Slovakia (30.3K units)
  6. Netherlands (30.2K units)
  7. Germany (25.0K units)
  8. Italy (17.9K units)

Exports of Household or Laundry-Type Washing Machine in Greece

In 2022, household or laundry-type washing machine exports from Greece soared to 147K units, picking up by 432% against 2021. Over the period under review, exports continue to indicate significant growth. 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 amounted to $15M in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.3% 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 increased by +48.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 48%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Household or Laundry-Type Washing Machine in Greece (Million USD)
COUNTRY201920202021CAGR,
2019-2021
Cyprus7.67.610.919.8%
Albania1.41.51.66.9%
IsraelN/A0.10.3200.0%
CroatiaN/AN/A0.10%
Others0.90.61.633.3%
Total10.09.814.420.0%

Top Export Markets for Household or Laundry-Type Washing Machine from Greece in 2022:

  1. Cyprus (31.1K units)
  2. Albania (2.1K units)
  3. Israel (0.9K units)
  4. Croatia (0.7K units)

Source: IndexBox Market Intelligence Platform

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