Major appliance brands confirm stance on price rises 

A number of brands in the appliance industry implemented price rises over the last 12 months to help combat increasing manufacturing and transport costs. With rising inflation adding even more pressure to costs, Appliance Retailer contacted major appliance brands to find out if there are further price rises on the horizon.

Eurolinx national sales manager, Tristan Peters confirmed a 10% price rise on Artusi products, effective 1 September 2022. This follows a price rise across the ILVE Agency range in July.

Miele Australia and New Zealand managing director, Yves Dalcourt said the company is being impacted by rising costs, as per the rest of the industry. “We are finalising the details on the impact on prices,” he said.

Asko is not planning a price increase at this stage but acknowledges that market conditions remain dynamic. “Costs to manufacture appliances in Europe have increased and it appears this trend is set to continue for the time being. We want to minimise disruption for our retailers and customers, so we will only increase prices when absolutely necessary,” sales and marketing director, Owen Holbourn told Appliance Retailer.

Electrolux Home Products has passed on cost increases only where absolutely necessary and where the impact of significant cost inflation could not be absorbed. “We will continue to assess market conditions and the effect changes to production and supply costs, such as raw materials and freight, may have on the ability to deliver products competitively to market,” EHP managing director, Kurt Hegvoldsaid.

Smeg Australia managing director, Wayne Campbell told Appliance Retailer there will be no further price rises at this stage. There was a price increase on most product categories that came into effect in July.

BSH Australia general manager – retail told Appliance Retailer pricing was increased across its brands – Bosch, Neff, Siemens and Gaggenau in July after prior communication with retailers in May.

Glem Gas Australia managing director, David Gilmore said the company won’t be implementing any further price increases for the rest of the year, following a price rise in July.

Schweigen director of sales, Anthony Fletcher also confirmed that there will be no additional price increases for the remainder of 2022, following a price rise in May.