China - Vacuum Cleaners - Market Analysis, Forecast, Size, Trends and Insights
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View PricingChina's Vacuum Cleaner With Motor Export Increases Remarkably to $480M in March 2023
China Vacuum Cleaner Exports
In March 2023, the amount of vacuum cleaners with motor exported from China skyrocketed to 12M units, with an increase of 72% against the month before. Overall, exports recorded a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, vacuum cleaner with motor exports skyrocketed to $480M (IndexBox estimates) in March 2023. In general, exports saw a relatively flat trend pattern. The exports peaked at 553M units in July 2022; however, from August 2022 to March 2023, the exports failed to regain momentum.
COUNTRY | Export Value of Vacuum Cleaner in China (million USD) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | |
United States | 120 | 149 | 127 | 158 | 178 | 157 | 156 | 141 | 127 | 84.2 | 98.9 | 56.4 | 108 |
Germany | 48.2 | 49.2 | 48.1 | 43.4 | 51.0 | 49.2 | 65.5 | 51.0 | 58.5 | 34.9 | 40.5 | 18.8 | 43.7 |
United Kingdom | 25.7 | 20.0 | 27.1 | 27.3 | 28.6 | 23.3 | 33.2 | 32.1 | 34.1 | 25.4 | 35.3 | 23.9 | 36.2 |
Russia | 5.7 | 8.2 | 8.3 | 5.2 | 12.9 | 18.7 | 24.3 | 24.6 | 30.9 | 37.2 | 29.5 | 23.7 | 33.5 |
Japan | 37.4 | 27.1 | 39.8 | 44.3 | 31.9 | 43.1 | 39.6 | 47.0 | 47.4 | 40.9 | 42.5 | 29.8 | 28.7 |
Netherlands | 21.5 | 28.7 | 24.3 | 21.5 | 34.8 | 28.2 | 33.3 | 15.6 | 21.9 | 19.9 | 24.2 | 16.4 | 19.7 |
Malaysia | 5.4 | 5.5 | 6.2 | 7.2 | 6.7 | 5.7 | 4.6 | 5.2 | 5.5 | 11.0 | 14.4 | 8.2 | 17.9 |
France | 16.3 | 20.6 | 16.9 | 13.7 | 21.6 | 14.7 | 12.5 | 13.0 | 13.2 | 17.2 | 19.9 | 9.1 | 17.4 |
South Korea | 15.2 | 18.2 | 19.0 | 13.8 | 18.3 | 12.9 | 13.5 | 16.1 | 13.3 | 12.2 | 14.6 | 11.4 | 15.9 |
Australia | 13.1 | 18.6 | 16.3 | 20.5 | 18.2 | 16.6 | 20.9 | 13.4 | 18.4 | 15.6 | 16.2 | 9.6 | 14.9 |
Singapore | 2.3 | 2.6 | 2.6 | 2.9 | 2.5 | 3.8 | 5.6 | 7.2 | 6.0 | 9.2 | 7.0 | 7.6 | 12.6 |
Brazil | 2.5 | 2.3 | 3.0 | 4.5 | 5.0 | 5.5 | 6.7 | 3.1 | 3.0 | 2.4 | 4.7 | 3.9 | 3.9 |
Indonesia | 1.7 | 1.9 | 2.8 | 3.2 | 2.6 | 2.5 | 3.9 | 1.7 | 2.4 | 2.0 | 2.9 | 1.9 | 3.6 |
Others | 127 | 114 | 107 | 126 | 141 | 140 | 119 | 105 | 102 | 128 | 109 | 76.7 | 124 |
Total | 442 | 466 | 449 | 491 | 553 | 522 | 538 | 477 | 484 | 440 | 460 | 297 | 480 |
Exports by Country
The United States (2.8M units) was the main destination for vacuum cleaner with motor exports from China, accounting for a 23% share of total exports. Moreover, vacuum cleaner with motor exports to the United States exceeded the volume sent to the second major destination, Germany (905K units), threefold. The third position in this ranking was taken by Russia (776K units), with a 6.4% share.
From March 2022 to March 2023, the average monthly rate of growth in terms of volume to the United States amounted to -1.5%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Germany (-2.7% per month) and Russia (+15.4% per month).
In value terms, the United States ($108M) remains the key foreign market for vacuum cleaner with motor exports from China, comprising 22% of total exports. The second position in the ranking was held by Germany ($44M), with a 9.1% share of total exports. It was followed by the UK, with a 7.5% share.
From March 2022 to March 2023, the average monthly rate of growth in terms of value to the United States was relatively modest. Exports to the other major destinations recorded the following average monthly rates of exports growth: Germany (-0.8% per month) and the UK (+2.9% per month).
Exports by Type
Vacuum cleaners, with self-contained electric motor, of a power not exceeding 1,500 w and having a dust bag or other receptacle capacity not exceeding 20L (11M units) was the largest type of vacuum cleaner with motor exported from China, accounting for a 90% share of total exports. Moreover, vacuum cleaners, with self-contained electric motor, of a power not exceeding 1,500 w and having a dust bag or other receptacle capacity not exceeding 20L exceeded the volume of the second product type, vacuum cleaners, with self-contained electric motor, n.e.c. in item no. 8508.1 (1.2M units), ninefold.
From March 2022 to March 2023, the average monthly growth rate of the volume of export of vacuum cleaners, with self-contained electric motor, of a power not exceeding 1,500 w and having a dust bag or other receptacle capacity not exceeding 20L was relatively modest.
In value terms, vacuum cleaners, with self-contained electric motor, of a power not exceeding 1,500 w and having a dust bag or other receptacle capacity not exceeding 20L ($436M) remains the largest type of vacuum cleaner with motor exported from China, comprising 91% of total exports. The second position in the ranking was taken by vacuum cleaners, with self-contained electric motor, n.e.c. in item no. 8508.1 ($44M), with a 9.1% share of total exports.
From March 2022 to March 2023, the average monthly growth rate of the export volume of vacuum cleaners, with self-contained electric motor, of a power not exceeding 1,500 w and having a dust bag or other receptacle capacity not exceeding 20L was relatively modest.
Export Prices by Country
In March 2023, the vacuum cleaner price stood at $39.3 per unit (FOB, China), with a decrease of -6% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2022 when the average export price increased by 6.5% month-to-month. The export price peaked at $47.7 per unit in September 2022; however, from October 2022 to March 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In March 2023, the country with the highest price was the Netherlands ($59.8 per unit), while the average price for exports to Brazil ($12.0 per unit) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the market for vacuum cleaner with motor 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 27512123 - Vacuum cleaners with a self-contained electric motor of a power . 1 .500 W and having a dust bag or other receptable capacity . .20 l
- Prodcom 27512125 - Other vacuum cleaners with a self-contained electric motor
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023