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China - Domestic, Non-Electric, Cooking Or Heating Appliances - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

China - Domestic, Non-Electric, Cooking Or Heating Appliances - Market Analysis, Forecast, Size, Trends and Insights

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Jul 13, 2023

China's Domestic, Non-electric, Cooking or Heating Appliance Price Shrinks Notably to $28.9 per Unit

China Home Appliance Export Price in April 2023

In April 2023, the home appliance price stood at $28.9 per unit (FOB, China), with a decrease of -12.5% against the previous month. Overall, the export price recorded a perceptible slump. The growth pace was the most rapid in February 2023 an increase of 20% m-o-m. As a result, the export price attained the peak level of $39,230 per thousand units. From March 2023 to April 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In April 2023, the country with the highest price was the United States ($51.6 per unit), while the average price for exports to Israel ($9.3 per unit) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to Libya (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

COUNTRYExport Price of Home Appliance in China (USD per unit)
Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023
United States62.662.259.062.468.260.556.755.958.164.167.561.851.6
United Kingdom38.856.928.737.217.715.519.237.142.346.243.240.339.6
Netherlands50.763.757.139.766.541.330.532.722.630.433.341.335.2
Malaysia23.122.227.121.627.127.630.126.932.832.625.625.031.4
Thailand26.430.826.523.525.522.622.922.522.123.222.628.130.4
Germany81.445.148.133.339.150.031.329.332.736.051.746.825.7
Philippines18.322.318.214.822.324.222.721.521.423.422.917.417.3
Japan10.010.713.44.414.816.616.913.718.96.98.813.114.2
Nigeria9.110.712.87.712.36.314.423.418.79.822.010.212.3
Russia14.420.923.316.124.918.514.417.510.819.114.317.812.2
South Africa12.019.511.116.110.017.617.49.526.719.216.619.212.0
Libya4.87.521.317.926.29.718.129.127.913.611.212.211.3
Israel15.626.224.522.425.122.441.638.610.410.324.714.79.3
Average38.837.733.727.430.528.930.229.930.032.639.233.128.9

China Home Appliance Export Prices by Type

Prices varied noticeably by the product type; the product with the highest price was iron or steel gas domestic cooking appliances and plate warmers ($36.3 per unit), while the average price for exports of cooking appliances and plate warmers; for liquid fuel, of iron or steel ($8.7 per unit) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for the following types: cooking appliances and plate warmers; for liquid fuel, of iron or steel (+0.2%), while the prices for the other products experienced mixed trend patterns.

China Home Appliance Exports

In April 2023, exports of domestic, non-electric, cooking or heating appliances from China declined to 9.9M units, reducing by -7% against March 2023 figures. Overall, exports saw a slight slump. The most prominent rate of growth was recorded in March 2023 when exports increased by 118% month-to-month. Over the period under review, the exports of hit record highs at 12M units in April 2022; however, from May 2022 to April 2023, the exports remained at a lower figure.

In value terms, exports of domestic, non-electric, cooking or heating appliances declined markedly to $285M (IndexBox estimates) in April 2023. Over the period under review, exports saw a noticeable slump. The pace of growth appeared the most rapid in March 2023 with an increase of 84% against the previous month. Over the period under review, the exports of attained the peak figure at 453M units in April 2022; however, from May 2022 to April 2023, the exports failed to regain momentum.

China Home Appliance Exports by Type

Iron or steel gas domestic cooking appliances and plate warmers (5.9M units), cooking appliances and plate warmers; for solid fuel and fuels other than gas or liquid, of iron or steel (3.4M units) and cooking appliances and plate warmers; for liquid fuel, of iron or steel (540K units) were the main products of exports of domestic, non-electric, cooking or heating appliances from China.

From April 2022 to April 2023, the biggest increases were in cooking appliances and plate warmers; for liquid fuel, of iron or steel (with a CAGR of +0.1%), while shipments for the other products experienced a decline.

In value terms, iron or steel gas domestic cooking appliances and plate warmers ($215M) remains the largest type of domestic, non-electric, cooking or heating appliance exported from China, comprising 75% of total exports. The second position in the ranking was taken by cooking appliances and plate warmers; for solid fuel and fuels other than gas or liquid, of iron or steel ($63M), with a 22% share of total exports. It was followed by cooking appliances and plate warmers; for liquid fuel, of iron or steel, with a 1.6% share.

From April 2022 to April 2023, the average monthly rate of growth in terms of the export volume of iron or steel gas domestic cooking appliances and plate warmers stood at -4.0%. With regard to the other exported products, the following average monthly rates of growth were recorded: cooking appliances and plate warmers; for solid fuel and fuels other than gas or liquid, of iron or steel (-3.2% per month) and cooking appliances and plate warmers; for liquid fuel, of iron or steel (+0.3% per month).

China Home Appliance Exports by Country

the United States (1.9M units) was the main destination for exports of domestic, non-electric, cooking or heating appliances from China, accounting for a 20% share of total exports. Moreover, exports of domestic, non-electric, cooking or heating appliances to the United States exceeded the volume sent to the second major destination, South Africa (468K units), fourfold. The third position in this ranking was taken by the Philippines (453K units), with a 4.6% share.

From April 2022 to April 2023, the average monthly growth rate of volume to the United States stood at -2.9%. Exports to the other major destinations recorded the following average monthly rates of exports growth: South Africa (+6.4% per month) and the Philippines (-1.7% per month).

In value terms, the United States ($100M) remains the key foreign market for domestic, non-electric, cooking or heating appliance exports from China, comprising 35% of total exports. The second position in the ranking was held by Malaysia ($11M), with a 4% share of total exports. It was followed by Germany, with a 3.8% share.

From April 2022 to April 2023, the average monthly rate of growth in terms of value to the United States amounted to -4.4%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Malaysia (+4.3% per month) and Germany (-9.7% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for domestic, non-electric, cooking or heating appliance in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 27521113 - Iron or steel gas domestic cooking appliances and plate warmers, with an oven (including those with subsidiary boilers for central heating, separate ovens for both gas and other fuels)
  • Prodcom 27521115 - Iron or steel gas domestic cooking appliances and plate warmers (including those with subsidiary boilers for central heating, for both gas and other fuels, excluding those with ovens)
  • Prodcom 27521190 - Other domestic cooking appliances and plate warmers, of iron or steel or of copper, non-electric

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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