Price for Household or Laundry-Type Washing Machine in Morocco - 2022
Contents:
- Price for Household or Laundry-Type Washing Machine in Morocco (CIF) - 2022
- Price for Household or Laundry-Type Washing Machine in Morocco (FOB) - 2022
- Imports of Household or Laundry-Type Washing Machine in Morocco
- Exports of Household or Laundry-Type Washing Machine in Morocco
Price for Household or Laundry-Type Washing Machine in Morocco (CIF) - 2022
The average import price for household or laundry-type washing machines stood at $245 per unit in 2021, with an increase of 4.2% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 6.1%. Over the period under review, average import prices hit record highs at $265 per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($213 per unit), while the price for France ($104 per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Household or Laundry-Type Washing Machine in Morocco (FOB) - 2022
In 2021, the average export price for household or laundry-type washing machines amounted to $359 per unit, falling by -3.1% against the previous year. Overall, the export price, however, continues to indicate temperate growth. The growth pace was the most rapid in 2017 an increase of 255% against the previous year. As a result, the export price reached the peak level of $1,194 per unit. From 2018 to 2021, the average export prices remained at a lower figure.
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 Guinea ($640 per unit), while the average price for exports to France ($140 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 Italy (+18.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Household or Laundry-Type Washing Machine in Morocco
Household or laundry-type washing machine imports into Morocco dropped to 429K units in 2022, with a decrease of -6.3% on the previous year. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 11% against the previous year. As a result, imports reached the peak of 458K units, and then dropped in the following year.
In value terms, household or laundry-type washing machine imports reduced to $105M in 2022. The total import value increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 16%. As a result, imports reached the peak of $112M, and then shrank in the following year.
| Import of Household or Laundry-Type Washing Machine in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| China | 53.6 | 58.1 | 54.7 | 1.0% | |
| Turkey | 12.4 | 10.6 | 20.1 | 27.3% | |
| Poland | 14.3 | 14.0 | 18.2 | 12.8% | |
| Egypt | 3.0 | 1.8 | 3.9 | 14.0% | |
| Italy | 2.7 | 2.6 | 3.0 | 5.4% | |
| Slovakia | 4.4 | 2.9 | 2.7 | -21.7% | |
| Spain | 1.2 | 0.8 | 1.5 | 11.8% | |
| France | 0.6 | 0.6 | 1.0 | 29.1% | |
| Others | 5.0 | 5.5 | 7.2 | 20.0% | |
| Total | 97.2 | 96.9 | 112 | 7.3% | |
Top Suppliers of Household or Laundry-Type Washing Machine to Morocco in 2022:
- China (256.6K units)
- Turkey (145.7K units)
- Poland (101.1K units)
- Egypt (20.9K units)
- Slovakia (17.8K units)
- Italy (14.7K units)
- Spain (10.1K units)
- France (9.2K units)
Exports of Household or Laundry-Type Washing Machine in Morocco
Household or laundry-type washing machine exports from Morocco fell slightly to 501 units in 2022, with a decrease of -4.9% on the previous year's figure. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 59%. As a result, the exports attained the peak of 527 units, and then contracted in the following year.
In value terms, household or laundry-type washing machine exports declined to $167K in 2022. In general, exports showed a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 54%. The exports peaked at $199K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Household or Laundry-Type Washing Machine in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Cote d'Ivoire | 0.1 | 17.4 | 67.5 | 2498.1% | |
| Mauritania | 38.6 | 47.1 | 64.7 | 29.5% | |
| Guinea | N/A | 14.4 | 11.7 | -18.8% | |
| Gabon | 0.7 | 14.0 | 9.0 | 258.6% | |
| Cameroon | 90.6 | N/A | 8.4 | -69.6% | |
| Senegal | 2.0 | 4.5 | 7.4 | 92.4% | |
| Mali | 5.2 | 15.4 | 3.9 | -13.4% | |
| Spain | 7.0 | 0.2 | 0.1 | -88.0% | |
| Slovakia | 26.2 | N/A | N/A | 0% | |
| Others | 28.9 | 10.2 | 16.5 | -24.4% | |
| Total | 199 | 123 | 189 | -2.5% | |
Top Export Markets for Household or Laundry-Type Washing Machine from Morocco in 2022:
- Cote d'Ivoire (264.0 units)
- Mauritania (248.0 units)
- Senegal (38.0 units)
- Gabon (36.0 units)
- Cameroon (33.0 units)
- Mali (27.0 units)
- Guinea (18.0 units)
- Spain (1.0 units)
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