Ventilating Or Eecycling Hoods Incorporating A Fan Prices in China
China Ventilating Or Eecycling Hoods Incorporating A Fan Export Price in September 2022
In September 2022, the ventilating or eecycling hoods incorporating a fan price amounted to $65.3 per unit (FOB, China), shrinking by -2.1% against the previous month. Over the last eight months, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in March 2022 an increase of 9% month-to-month. Over the period under review, the average export prices hit record highs at $66.7 per unit in August 2022, and then contracted slightly in the following month.
There were significant differences in the average prices for the major external markets. In September 2022, the country with the highest price was Japan ($112 per unit), while the average price for exports to South Korea ($31.3 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 (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
China Ventilating Or Eecycling Hoods Incorporating A Fan Exports
For the third consecutive month, China recorded decline in overseas shipments of ventilating or eecycling hoods incorporating a fan, which decreased by -1.7% to 961K units in September 2022. Over the period under review, exports saw a pronounced contraction. The most prominent rate of growth was recorded in April 2022 with an increase of 17% month-to-month. Over the period under review, the exports of hit record highs at 1.3M units in January 2022; however, from February 2022 to September 2022, the exports remained at a lower figure.
In value terms, exports of ventilating or eecycling hoods incorporating a fan dropped slightly to $63M (IndexBox estimates) in September 2022. In general, exports continue to indicate a noticeable descent. The pace of growth appeared the most rapid in March 2022 when exports increased by 23% against the previous month. Over the period under review, the exports of hit record highs at 74M units in January 2022; however, from February 2022 to September 2022, the exports failed to regain momentum.
China Ventilating Or Eecycling Hoods Incorporating A Fan Exports by Country
India (114K units), the United States (106K units) and Russia (92K units) were the main destinations of exports of ventilating or eecycling hoods incorporating a fan from China, together comprising 33% of total exports.
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 India (with a CAGR of +2.9%), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for ventilating or eecycling hoods incorporating a fan exported from China were the United States ($9.5M), India ($7.2M) and Japan ($6.2M), with a combined 37% share of total exports.
Japan, with a CAGR of +3.6%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
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