Price for Household or Laundry-Type Washing Machine in Serbia - 2023
Contents:
- Price for Household or Laundry-Type Washing Machine in Serbia (CIF) - 2022
- Price for Household or Laundry-Type Washing Machine in Serbia (FOB) - 2022
- Imports of Household or Laundry-Type Washing Machine in Serbia
- Exports of Household or Laundry-Type Washing Machine in Serbia
Price for Household or Laundry-Type Washing Machine in Serbia (CIF) - 2022
The average import price for household or laundry-type washing machines stood at $136 per unit in 2022, with a decrease of -6.8% against the previous year. Over the period under review, the import price showed a mild shrinkage. The growth pace was the most rapid in 2013 an increase of 8.5% against the previous year. As a result, import price reached the peak level of $177 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($305 per unit), while the price for Romania ($72 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.4%), while the prices for the other major suppliers experienced a decline.
Price for Household or Laundry-Type Washing Machine in Serbia (FOB) - 2022
In 2022, the average export price for household or laundry-type washing machines amounted to $792 per unit, waning by -48.2% against the previous year. Overall, the export price, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by 355% against the previous year. The export price peaked at $2,528 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Montenegro ($3,727 per unit), while the average price for exports to Azerbaijan ($159 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 Montenegro (+27.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Household or Laundry-Type Washing Machine in Serbia
In 2022, supplies from abroad of household or laundry-type washing machines decreased by -3.6% to 271K units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +12.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 30%. Over the period under review, imports hit record highs at 281K units in 2021, and then declined in the following year.
In value terms, household or laundry-type washing machine imports dropped to $37M in 2022. The total import value increased at an average annual rate of +8.4% over the period 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 2020 when imports increased by 31% against the previous year. Over the period under review, imports hit record highs at $41M in 2021, and then declined in the following year.
| Import of Household or Laundry-Type Washing Machine in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.8 | 4.3 | 5.7 | 9.2 | 48.7% |
| Slovenia | 9.4 | 9.5 | 10.5 | 7.3 | -8.1% |
| Romania | 0.6 | 2.0 | 3.7 | 6.8 | 124.6% |
| Turkey | 8.1 | 9.7 | 8.7 | 6.6 | -6.6% |
| Poland | 1.2 | 1.9 | 2.6 | 2.0 | 18.6% |
| Russia | 3.7 | 6.0 | 4.3 | 1.2 | -31.3% |
| Slovakia | 0.7 | 1.8 | 1.9 | 1.1 | 16.3% |
| Others | 2.2 | 2.7 | 3.4 | 2.6 | 5.7% |
| Total | 28.9 | 37.9 | 40.9 | 36.7 | 8.3% |
Top Suppliers of Household or Laundry-Type Washing Machine to Serbia in 2022:
- Romania (94.3K units)
- Slovenia (72.3K units)
- Turkey (44.1K units)
- China (30.1K units)
- Russia (9.6K units)
- Poland (7.4K units)
- Slovakia (6.6K units)
Exports of Household or Laundry-Type Washing Machine in Serbia
Household or laundry-type washing machine exports from Serbia surged to 3.1K units in 2022, growing by 101% on 2021 figures. In general, exports, however, saw a relatively flat trend pattern. The exports peaked at 3.2K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, household or laundry-type washing machine exports rose to $2.5M in 2022. Overall, exports, however, saw a abrupt setback. The exports peaked at $4.3M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Household or Laundry-Type Washing Machine in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Montenegro | 851 | 228 | 342 | 540 | -14.1% |
| Russia | 136 | N/A | N/A | 346 | 36.5% |
| Belarus | N/A | N/A | N/A | 332 | 0% |
| Bulgaria | 161 | 164 | 367 | 329 | 26.9% |
| Lithuania | 309 | 349 | 43.3 | 223 | -10.3% |
| Bosnia and Herzegovina | 1,331 | 1,107 | 765 | 183 | -48.4% |
| Croatia | 407 | 282 | 80.3 | 135 | -30.8% |
| Azerbaijan | N/A | N/A | N/A | 44.5 | 0% |
| Albania | 363 | N/A | 54.9 | 39.9 | -52.1% |
| North Macedonia | 618 | 447 | 249 | 39.5 | -60.0% |
| United Arab Emirates | 1.2 | 0.2 | 0.8 | 17.7 | 145.2% |
| Others | 135 | 293 | 457 | 230 | 19.4% |
| Total | 4,312 | 2,869 | 2,359 | 2,461 | -17.1% |
Top Export Markets for Household or Laundry-Type Washing Machine from Serbia in 2022:
- Russia (881.0 units)
- Belarus (867.0 units)
- Bulgaria (318.0 units)
- Azerbaijan (280.0 units)
- Montenegro (145.0 units)
- Bosnia and Herzegovina (115.0 units)
- United Arab Emirates (98.0 units)
- Lithuania (62.0 units)
- Albania (27.0 units)
- Croatia (27.0 units)
- North Macedonia (21.0 units)
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