China: Market for Vacuum Cleaners With Motor 2025

Market Size for Vacuum Cleaners With Motor in China

After six years of growth, the Chinese vacuum cleaner with motor market decreased by -22.8% to $X in 2021. In general, the total consumption indicated a modest expansion from 2012 to 2021: its value increased at an average annual rate of +1.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2020, and then fell remarkably in the following year.

Production of Vacuum Cleaners With Motor in China

In value terms, vacuum cleaner with motor production contracted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when the production volume increased by 21%. As a result, production reached the peak level of $X, and then contracted in the following year.

Exports of Vacuum Cleaners With Motor

Exports from China

In 2021, the amount of vacuum cleaners with motor exported from China rose significantly to X tons, with an increase of 8.3% against 2020. In general, total exports indicated a prominent expansion from 2012 to 2021: its volume increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +33.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 23%. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, vacuum cleaner with motor exports surged to $X in 2021. Overall, exports recorded a strong increase. The growth pace was the most rapid in 2020 with an increase of 30%. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

The United States (X tons) was the main destination for vacuum cleaner with motor exports from China, with a 32% share of total exports. Moreover, vacuum cleaner with motor exports to the United States exceeded the volume sent to the second major destination, Germany (X tons), fourfold. The third position in this ranking was held by the UK (X tons), with a 6.8% share.

From 2012 to 2021, the average annual growth rate of volume to the United States totaled +5.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+7.3% per year) and the UK (+6.3% per year).

In value terms, the United States ($X) remains the key foreign market for vacuum cleaners with motor exports from China, comprising 27% of total exports. The second position in the ranking was held by Germany ($X), with a 9.9% share of total exports. It was followed by the UK, with a 7.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to +9.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+14.2% per year) and the UK (+14.2% per year).

Export Prices by Country

In 2021, the average vacuum cleaner with motor export price amounted to $X per ton, surging by 8.6% against the previous year. Over the last nine years, it increased at an average annual rate of +5.5%. The most prominent rate of growth was recorded in 2014 an increase of 18% against the previous year. Over the period under review, the average export prices reached the maximum in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Brazil ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vacuum Cleaners With Motor

Imports into China

In 2021, vacuum cleaner with motor imports into China rose remarkably to X tons, surging by 7.6% compared with 2020 figures. Over the period under review, imports enjoyed significant growth. The pace of growth was the most pronounced in 2017 with an increase of 131%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, vacuum cleaner with motor imports dropped to $X in 2021. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2017 when imports increased by 143%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Malaysia (X tons) constituted the largest vacuum cleaner with motor supplier to China, with a 70% share of total imports. Moreover, vacuum cleaner with motor imports from Malaysia exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), fourfold. Germany (X tons) ranked third in terms of total imports with a 3.4% share.

From 2012 to 2021, the average annual growth rate of volume from Malaysia amounted to +112.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+342.0% per year) and Germany (+5.0% per year).

In value terms, Malaysia ($X) constituted the largest supplier of vacuum cleaners with motor to China, comprising 92% of total imports. The second position in the ranking was held by Vietnam ($X), with a 2.8% share of total imports. It was followed by Germany, with a 2.2% share.

From 2012 to 2021, the average annual growth rate of value from Malaysia amounted to +117.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+321.6% per year) and Germany (+8.6% per year).

Import Prices by Country

The average vacuum cleaner with motor import price stood at $X per ton in 2021, reducing by -12.4% against the previous year. Over the period under review, the import price, however, saw a prominent expansion. The growth pace was the most rapid in 2016 when the average import price increased by 103%. The import price peaked at $X per ton in 2020, and then dropped in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Malaysia ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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