World - Domestic, Non-Electric, Cooking Or Heating Appliances - Market Analysis, Forecast, Size, Trends and Insights
Home Appliance Market - China Ranked First Globally in Exports of Domestic, Non-Electric, Cooking or Heating Appliances, with $2.5B in 2014
China dominates in the global trade of domestic, non-electric, cooking or heating appliances. In 2014, China exported 709 thousand tonnes of domestic, non-electric, cooking or heating appliances totaling 2.5 billion USD, 9% over the previous year. Its primary trading partner was the U.S., where it supplied 39.3% of its total domestic, non-electric, cooking or heating appliances exports in value terms, accounting for 54.9% of the U.S.'s total imports.
From 2007 to 2014, China was a net exporter on the home appliance market. Over this period, exports consistently exceeded imports in value terms. In physical terms this difference was even more pronounced.
Italy and Mexico were among the other main global suppliers of domestic, non-electric, cooking or heating appliances in 2014. However, the fastest growing exporters from 2007 to 2014 were Mexico (+31.8% per year) and Egypt (+98.2% per year). Even with this increased competition, it was China who was able to significantly strengthen its position in the global export structure.
In 2014, China's top 5 trading partners were the U.S., Germany, Canada, Australia and the United Kingdom, with a combined 56.9% share of China's domestic, non-electric, cooking or heating appliances exports. The share of Germany increased slightly (+2.6 percentage points), while the share of the U.S. dropped sharply (-13.8 percentage points).
Do you want to know more about the global home appliance market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- home appliance market share
- home appliance prices
- home appliance industry
- home appliance sales
- home appliance market forecast
- home appliance price forecast
- key home appliance producers
Source: IndexBox AI Platform
This report provides an in-depth analysis of the global home appliance market. 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 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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