Table, Floor, Wall, Window, Ceiling Or Roof Fans Prices in China
China Table, Floor, Wall, Window, Ceiling Or Roof Fans Export Price in September 2022
In September 2022, the table, floor, wall, window, ceiling or roof fans price stood at $18.7 per unit (FOB, China), approximately reflecting the previous month. Over the period from January 2022 to September 2022, it increased at an average monthly rate of +3.9%. The most prominent rate of growth was recorded in February 2022 when the average export price increased by 15% m-o-m. Over the period under review, the average export prices hit record highs in September 2022.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($40.5 per unit), while the average price for exports to Indonesia ($4.3 per unit) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.
China Table, Floor, Wall, Window, Ceiling Or Roof Fans Exports
In September 2022, overseas shipments of table, floor, wall, window, ceiling or roof fans decreased by -7.3% to 19M units, falling for the fifth month in a row after two months of growth. Overall, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in March 2022 with an increase of 60% month-to-month. Over the period under review, the exports of hit record highs at 49M units in April 2022; however, from May 2022 to September 2022, the exports remained at a lower figure.
In value terms, exports of table, floor, wall, window, ceiling or roof fans declined to $348M (IndexBox estimates) in September 2022. In general, exports continue to indicate a pronounced downturn. The pace of growth appeared the most rapid in March 2022 when exports increased by 57% m-o-m. The exports peaked at 753M units in April 2022; however, from May 2022 to September 2022, the exports failed to regain momentum.
China Table, Floor, Wall, Window, Ceiling Or Roof Fans Exports by Country
The United States (3.2M units), the Philippines (2.5M units) and Australia (1.2M units) were the main destinations of exports of table, floor, wall, window, ceiling or roof fans from China, together accounting for 37% of total exports. Malaysia, Indonesia, Vietnam, Thailand, the United Arab Emirates, Singapore, India, South Africa, Brazil and Japan lagged somewhat behind, together comprising a further 31%.
From January 2022 to September 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Africa (with a CAGR of +22.2%), while the other leaders experienced more modest paces of growth.
In value terms, the United States ($129M) remains the key foreign market for table, floor, wall, window, ceiling or roof fans exports from China, comprising 37% of total exports. The second position in the ranking was taken by Australia ($22M), with a 6.3% share of total exports. It was followed by the Philippines, with a 6.1% share.
From January 2022 to September 2022, the average monthly growth rate of value to the United States totaled -6.2%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Australia (+13.1% per month) and the Philippines (+11.5% per month).
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