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

Contents:

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

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

The average import price for household or laundry-type washing machines stood at $335 per unit in 2022, increasing by 8.7% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by 21% against the previous year. Over the period under review, average import prices hit record highs at $383 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($701 per unit), while the price for Thailand ($319 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for household or laundry-type washing machines stood at $316 per unit in 2022, with an increase of 6.1% against the previous year. Over the period under review, the export price, however, recorded a noticeable reduction. The growth pace was the most rapid in 2018 an increase of 14% against the previous year. The export price peaked at $498 per unit in 2012; however, from 2013 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 Argentina ($445 per unit), while the average price for exports to El Salvador ($216 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 Bolivia (-0.3%), while the prices for the other major destinations experienced a decline.

Imports of Household or Laundry-Type Washing Machine in Brazil

In 2022, after three years of growth, there was significant decline in purchases abroad of household or laundry-type washing machines, when their volume decreased by -13.6% to 528K units. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +11.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 50% against the previous year. Imports peaked at 611K units in 2021, and then shrank in the following year.

In value terms, household or laundry-type washing machine imports shrank to $177M in 2022. The total import value increased at an average annual rate of +11.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 22%. As a result, imports attained the peak of $188M, and then shrank in the following year.

Import of Household or Laundry-Type Washing Machine in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10613516515212.8%
Thailand1.510.210.87.974.0%
United States2.10.83.85.739.5%
Vietnam2.11.72.44.629.9%
South Korea11.12.71.62.5-39.2%
Others6.13.64.54.3-11.0%
Total12915418817711.1%

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

  1. China (474.1K units)
  2. Thailand (24.6K units)
  3. Vietnam (12.2K units)
  4. United States (8.5K units)
  5. South Korea (3.6K units)

Exports of Household or Laundry-Type Washing Machine in Brazil

In 2022, the amount of household or laundry-type washing machines exported from Brazil fell modestly to 102K units, waning by -2.5% against the year before. Over the period under review, exports, however, posted prominent growth. The pace of growth was the most pronounced in 2021 with an increase of 87%. As a result, the exports reached the peak of 105K units, and then declined modestly in the following year.

In value terms, household or laundry-type washing machine exports expanded modestly to $32M in 2022. Overall, exports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 90%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Export of Household or Laundry-Type Washing Machine in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Paraguay8.36.311.27.2-4.6%
United States0.91.54.75.886.1%
Colombia1.01.32.23.856.0%
Argentina1.90.32.02.712.4%
Bolivia1.41.22.52.114.5%
Ecuador1.00.61.32.128.1%
Uruguay0.40.30.71.658.7%
Honduras1.71.01.41.3-8.6%
Guatemala0.70.40.71.219.7%
Dominican Republic0.10.30.51.2128.9%
El Salvador0.20.20.50.644.2%
Peru0.80.30.80.6-9.1%
Costa Rica0.50.50.60.4-7.2%
Others3.62.32.11.8-20.6%
Total22.516.431.232.312.8%

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

  1. United States (22.2K units)
  2. Paraguay (17.9K units)
  3. Colombia (10.7K units)
  4. Ecuador (8.4K units)
  5. Argentina (6.0K units)
  6. Honduras (5.5K units)
  7. Bolivia (4.9K units)
  8. Guatemala (4.7K units)
  9. Dominican Republic (4.2K units)
  10. Uruguay (4.1K units)
  11. El Salvador (2.7K units)
  12. Peru (1.9K units)
  13. Costa Rica (1.6K units)

Source: IndexBox Market Intelligence Platform

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