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

Contents:

  1. Price for Household or Laundry-Type Washing Machine in Romania (CIF) - 2023
  2. Price for Household or Laundry-Type Washing Machine in Romania (FOB) - 2023
  3. Imports of Household or Laundry-Type Washing Machine in Romania
  4. Exports of Household or Laundry-Type Washing Machine in Romania

Price for Household or Laundry-Type Washing Machine in Romania (CIF) - 2023

The average import price for household or laundry-type washing machines stood at $254 per unit in May 2023, shrinking by -13.6% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 15% against the previous month. As a result, import price reached the peak level of $293 per unit, and then declined in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($496 per unit), while the price for China ($223 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 Slovakia (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Household or Laundry-Type Washing Machine in Romania (FOB) - 2023

The average export price for household or laundry-type washing machines stood at $234 per unit in May 2023, remaining stable against the previous month. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 7.1% m-o-m. The export price peaked at $234 per unit in January 2023; however, from February 2023 to May 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Turkey ($316 per unit), while the average price for exports to France ($210 per unit) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Household or Laundry-Type Washing Machine in Romania

In 2022, the amount of household or laundry-type washing machines imported into Romania fell to 529K units, reducing by -12.2% on the previous year's figure. Over the period under review, imports saw a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 11% against the previous year. Over the period under review, imports reached the peak figure at 667K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, household or laundry-type washing machine imports contracted significantly to $120M in 2022. Overall, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 17%. As a result, imports attained the peak of $143M, and then shrank notably in the following year.

Import of Household or Laundry-Type Washing Machine in Romania (Million USD)
COUNTRY201920202021CAGR,
2019-2021
China22.028.234.425.0%
Poland27.628.630.44.9%
Turkey39.222.025.1-20.0%
Slovakia8.811.112.720.1%
Italy9.29.511.511.8%
Russia18.68.38.2-33.6%
Slovenia5.44.05.61.8%
Others10.710.915.520.4%
Total1421221430.4%

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

  1. China (189.8K units)
  2. Turkey (178.2K units)
  3. Poland (164.0K units)
  4. Slovakia (91.9K units)
  5. Italy (77.7K units)
  6. Russia (59.0K units)
  7. Slovenia (23.7K units)

Exports of Household or Laundry-Type Washing Machine in Romania

For the fourth consecutive year, Romania recorded growth in shipments abroad of household or laundry-type washing machines, which increased by 36% to 940K units in 2022. Overall, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 313% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, household or laundry-type washing machine exports skyrocketed to $185M in 2022. In general, exports saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 235% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Household or Laundry-Type Washing Machine in Romania (Million USD)
COUNTRY201920202021CAGR,
2019-2021
Bulgaria9.115.020.349.4%
Italy1.515.019.8263.3%
Poland1.313.617.7269.0%
FranceN/A2.48.9270.8%
Ukraine2.46.16.868.3%
AlgeriaN/AN/A6.00%
Czech Republic0.53.35.6234.7%
United KingdomN/A2.35.6143.5%
Hungary1.44.14.783.2%
Turkey3.54.04.29.5%
Serbia1.22.54.184.8%
Greece1.22.34.082.6%
SpainN/A1.74.0135.3%
Others4.015.231.3179.7%
Total26.287.6143133.6%

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

  1. Italy (147.9K units)
  2. Poland (117.6K units)
  3. Bulgaria (99.3K units)
  4. France (69.8K units)
  5. Ukraine (52.6K units)
  6. Czech Republic (39.6K units)
  7. United Kingdom (36.4K units)
  8. Algeria (35.1K units)
  9. Spain (30.6K units)
  10. Greece (30.1K units)
  11. Serbia (28.4K units)
  12. Hungary (24.4K units)
  13. Turkey (22.1K units)

Source: IndexBox Market Intelligence Platform

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