U.S. - Electro-Thermic Appliances Or Domestic Purposes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectro-Thermic Appliances Or Domestic Purposes Prices in the United States
U.S. Electro-Thermic Appliances Or Domestic Purposes Import Price in August 2022
In August 2022, the electro-thermic appliances or domestic purposes price amounted to $8.4 per unit (CIF, US), approximately equating the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2022 an increase of 15% m-o-m. As a result, import price reached the peak level of $9.6K per thousand units. From May 2022 to August 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2022, the country with the highest price was China ($8.4 per unit), while the price for Mexico ($2.4 per unit) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by China (-0.3%), while the prices for the other major suppliers experienced a decline.
U.S. Electro-Thermic Appliances Or Domestic Purposes Imports
In August 2022, electro-thermic appliances or domestic purposes imports into the United States surged to 24M units, growing by 15% against July 2022. Overall, total imports indicated a modest increase from January 2022 to August 2022: its volume increased at an average monthly rate of +1.5% over the last seven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2022 figures, imports increased by +76.7% against April 2022 indices. The pace of growth appeared the most rapid in May 2022 with an increase of 51% month-to-month. Imports peaked in August 2022.
In value terms, electro-thermic appliances or domestic purposes imports soared to $200M (IndexBox estimates) in August 2022. The total import value increased at an average monthly rate of +1.3% over the period from January 2022 to August 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in May 2022 when imports increased by 31% month-to-month. Over the period under review, imports hit record highs in August 2022.
U.S. Electro-Thermic Appliances Or Domestic Purposes Imports by Country
In August 2022, China (21M units) constituted the largest electro-thermic appliances or domestic purposes supplier to the United States, accounting for a 90% share of total imports. Moreover, electro-thermic appliances or domestic purposes imports from China exceeded the figures recorded by the second-largest supplier, Mexico (1.8M units), more than tenfold.
From January 2022 to August 2022, the average monthly rate of growth in terms of volume from China amounted to +1.7%. The remaining supplying countries recorded the following average monthly rates of imports growth: Mexico (-1.0% per month) and Indonesia (+37.9% per month).
In value terms, China ($179M) constituted the largest supplier of electro-thermic appliances or domestic purposes to the United States, comprising 90% of total imports. The second position in the ranking was taken by Mexico ($4.2M), with a 2.1% share of total imports.
From January 2022 to August 2022, the average monthly growth rate of value from China stood at +1.3%. The remaining supplying countries recorded the following average monthly rates of imports growth: Mexico (-7.5% per month) and Indonesia (+24.4% per month).
This report provides an in-depth analysis of the market for electro-thermic appliances or domestic purposes in the U.S.. 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 27512490 - Electro-thermic appliances, for domestic use (excluding hairdressing appliances and hand dryers, space-heating and soil-heating apparatus, water heaters, immersion heaters, s moothing irons, microwave ovens, ovens, cookers, cooking plates, boiling rings, grillers, roasters, coffee makers, tea makers and toasters)
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
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In April 2023, the electric hair dryer price amounted to $15.2 per unit (CIF, US), declining by -5.9% against the previous month.
195
In terms of value, imports of Electric Heating Resistors decreased to $60M in July 2023.
281
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183
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In February 2023, the price of a microwave oven was $75.9 (CIF, US) - an 11% increase compared to the previous month.
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In August 2022, the microwave oven price stood at $85 per unit (CIF, US), with a decrease of -7% against the previous month.
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Despite global logistical tensions amid the sharp container shortage, the U.S. continues to boosts microwave oven imports. Last year, American purchases spiked by +16.3% to $1.6B, reaching the highest level ever. In the first seven months of 2021, American imports reached 12.9M units, exceeding last year’s 12.1M units over the same period. China dominates American imports, supplying 95% of the total volume. In 2020, Chinese shipments to the U.S. jumped by +29% y-o-y to 22M units, while Malaysia saw a 19%-decline in supplies. Chinese microwave ovens thus drive out Malaysian products from the American market.
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In May 2023, the price of the Domestic Toaster was $10.4 per unit (CIF, US), showing a decline of -5.3% compared to the previous month.
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In April 2023, the domestic coffee machine price amounted to $35.2 per unit (CIF, US), with a decrease of -13.2% against the previous month.
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In February 2023, the electric oven and cooker price was $85.6 per unit (CIF, US); a 6.2% increase compared to the month prior.
