Price for Household or Laundry-Type Washing Machine in Denmark - 2023
Contents:
- Price for Household or Laundry-Type Washing Machine in Denmark (CIF) - 2023
- Price for Household or Laundry-Type Washing Machine in Denmark (FOB) - 2022
- Imports of Household or Laundry-Type Washing Machine in Denmark
- Exports of Household or Laundry-Type Washing Machine in Denmark
Price for Household or Laundry-Type Washing Machine in Denmark (CIF) - 2023
The average import price for household or laundry-type washing machines stood at $360 per unit in May 2023, waning by -2.8% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2022 when the average import price increased by 12% against the previous month. The import price peaked at $371 per unit in April 2023, and then contracted modestly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($781 per unit), while the price for Singapore ($188 per unit) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Poland (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Household or Laundry-Type Washing Machine in Denmark (FOB) - 2022
In 2021, the average export price for household or laundry-type washing machines amounted to $523 per unit, remaining constant against the previous year. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 17%. Over the period under review, the average export prices hit record highs in 2021 and is likely to see gradual growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Faroe Islands ($773 per unit), while the average price for exports to Kosovo ($16 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 Kosovo (+41.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Household or Laundry-Type Washing Machine in Denmark
In 2022, approx. 288K units of household or laundry-type washing machines were imported into Denmark; reducing by -20% compared with the previous year's figure. In general, imports continue to indicate a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 0.6%. Over the period under review, imports hit record highs at 367K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, household or laundry-type washing machine imports reduced remarkably to $104M in 2022. Over the period under review, imports continue to indicate a noticeable slump. The most prominent rate of growth was recorded in 2021 when imports increased by 6.8%. As a result, imports attained the peak of $123M, and then contracted remarkably in the following year.
| Import of Household or Laundry-Type Washing Machine in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Sweden | 55.3 | 62.7 | 67.6 | 10.6% | |
| Poland | 8.9 | 13.7 | 12.3 | 17.6% | |
| Germany | 19.8 | 11.5 | 9.6 | -30.4% | |
| Turkey | 9.9 | 7.3 | 8.7 | -6.3% | |
| Italy | 6.3 | 5.0 | 6.7 | 3.1% | |
| China | 5.6 | 5.1 | 5.1 | -4.6% | |
| Slovenia | 1.5 | 3.9 | 4.0 | 63.3% | |
| Others | 7.4 | 6.2 | 9.4 | 12.7% | |
| Total | 115 | 115 | 123 | 3.4% | |
Top Suppliers of Household or Laundry-Type Washing Machine to Denmark in 2022:
- Sweden (226.0K units)
- Poland (79.3K units)
- Turkey (52.6K units)
- Italy (34.0K units)
- China (28.1K units)
- Germany (22.7K units)
- Slovenia (14.4K units)
Exports of Household or Laundry-Type Washing Machine in Denmark
In 2022, the amount of household or laundry-type washing machines exported from Denmark shrank notably to 60K units, reducing by -16.6% against the year before. Over the period under review, exports faced a deep contraction. The smallest decline of -5% was in 2021. The exports peaked at 91K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, household or laundry-type washing machine exports shrank rapidly to $29M in 2022. Overall, exports continue to indicate a abrupt downturn. The smallest decline of -1.7% was in 2020. The exports peaked at $40M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Household or Laundry-Type Washing Machine in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Sweden | 21.5 | 17.1 | 15.4 | -15.4% | |
| Norway | 12.4 | 14.5 | 12.3 | -0.4% | |
| Faroe Islands | 1.7 | 2.5 | 2.3 | 16.3% | |
| Greenland | 0.9 | 1.4 | 1.9 | 45.3% | |
| Italy | N/A | N/A | 1.3 | 0% | |
| Iceland | 1.3 | 1.1 | 1.3 | 0.0% | |
| Finland | 0.2 | 0.1 | 0.5 | 58.1% | |
| Lebanon | 0.1 | 0.1 | 0.3 | 73.2% | |
| Kosovo | N/A | N/A | N/A | 0% | |
| Others | 2.2 | 2.6 | 2.5 | 6.6% | |
| Total | 40.3 | 39.6 | 37.7 | -3.3% | |
Top Export Markets for Household or Laundry-Type Washing Machine from Denmark in 2022:
- Sweden (42.7K units)
- Norway (22.2K units)
- Lebanon (13.6K units)
- Iceland (3.7K units)
- Greenland (3.0K units)
- Faroe Islands (2.9K units)
- Kosovo (2.8K units)
- Italy (2.7K units)
- Finland (1.8K units)
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