China - Personal Weighing Machines - Market Analysis, Forecast, Size, Trends And Insights
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China - Personal Weighing Machines - Market Analysis, Forecast, Size, Trends And Insights

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Article Publishing Date: Dec 15, 2022

China's Personal Weighing Machine Price Grows 6%, Averaging $7.0 per Unit

China Personal Weighing Machine Export Price in September 2022

In September 2022, the personal weighing machine price amounted to $7.0 per unit (FOB, China), growing by 6.1% against the previous month. Over the period from January 2022 to September 2022, it increased at an average monthly rate of +2.4%. The pace of growth was the most pronounced in February 2022 an increase of 6.5% m-o-m. The export price peaked in September 2022.

There were significant differences in the average prices for the major export markets. In September 2022, the country with the highest price was Mexico ($14.1 per unit), while the average price for exports to Russia ($3.1 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 Mexico (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

China Personal Weighing Machine Exports

In September 2022, exports of personal weighing machines from China rose modestly to 12M units, growing by 4.4% on the month before. Overall, exports, however, recorded a deep slump. The most prominent rate of growth was recorded in March 2022 with an increase of 29% m-o-m. The exports peaked at 18M units in January 2022; however, from February 2022 to September 2022, the exports failed to regain momentum.

In value terms, personal weighing machine exports rose markedly to $83M (IndexBox estimates) in September 2022. Over the period under review, exports, however, saw a pronounced slump. The most prominent rate of growth was recorded in March 2022 with an increase of 33% month-to-month. Over the period under review, the exports reached the maximum at 105M units in January 2022; however, from February 2022 to September 2022, the exports failed to regain momentum.

China Personal Weighing Machine Exports by Country

The United States (2M units) was the main destination for personal weighing machine exports from China, with a 17% share of total exports. Moreover, personal weighing machine exports to the United States exceeded the volume sent to the second major destination, Germany (660K units), threefold. India (605K units) ranked third in terms of total exports with a 5.1% share.

From January 2022 to September 2022, the average monthly growth rate of volume to the United States stood at -7.3%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Germany (-4.8% per month) and India (-2.0% per month).

In value terms, the United States ($21M) remains the key foreign market for personal weighing machine exports from China, comprising 25% of total exports. The second position in the ranking was taken by Germany ($4.8M), with a 5.8% share of total exports. It was followed by the UK, with a 4.8% share.

From January 2022 to September 2022, the average monthly growth rate of value to the United States stood at -3.6%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Germany (-2.1% per month) and the UK (-0.3% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the personal weighing machine market in China. 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 28293200 - Personal weighing machines, including baby scales, h ousehold scales
Country coverage:

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in China
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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