
U.S. - Domestic Appliances - Market Analysis, Forecast, Size, Trends and Insights
Domestic Appliance Price in America Downturns Slightly to $39 per Unit
U.S. Domestic Appliances Import Price July 2022
In July 2022, the average domestic appliances price amounted to $39 per unit, with a decrease of -4.1% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2022 an increase of 7.5% against the previous month. Over the period under review, average import prices reached the peak figure at $42 per unit in February 2022; however, from March 2022 to July 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2022, the country with the highest price was Mexico ($84 per unit), while the price for Canada ($7 per unit) was amongst the lowest.
From January 2022 to July 2022, the most notable rate of growth in terms of prices was attained by Japan (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.
U.S. Domestic Appliances Import Prices by Type
There were significant differences in the average prices amongst the major supplied products. In July 2022, the product with the highest price was combined refrigerators-freezers ($576 per unit), while the price for electric heating resistors ($4.8 per unit) was amongst the lowest.
From January 2022 to July 2022, the most notable rate of growth in terms of prices was attained by electric blanket (+5.8%), while the prices for the other products experienced more modest paces of growth.
U.S. Domestic Appliances Imports
Domestic appliances imports into the United States contracted to 74M units in July 2022, waning by -3.2% against the previous month. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2022 with an increase of 19% m-o-m. Over the period under review, imports attained the maximum at 86M units in May 2022; however, from June 2022 to July 2022, imports stood at a somewhat lower figure.
In value terms, domestic appliances imports declined to $2.9B (IndexBox estimates) in July 2022. Over the period under review, imports saw a mild shrinkage. The growth pace was the most rapid in March 2022 when imports increased by 11% month-to-month. Imports peaked at $3.2B in May 2022; however, from June 2022 to July 2022, imports remained at a lower figure.
U.S. Domestic Appliances Imports by Type
Electric heating resistors (14M units), electric space heating apparatus and soil heating apparatus (9M units) and electric shavers, hair-removing appliances and hair clippers (6.3M units) were the main products of domestic appliances imports to the United States, with a combined 40% share of total imports.
From January 2022 to July 2022, the biggest increases were in electric blanket (with a CAGR of +22.9%), while purchases for the other products experienced more modest paces of growth.
In value terms, combined refrigerators-freezers ($662M) constituted the largest type of domestic appliances supplied to the United States, comprising 23% of total imports. The second position in the ranking was taken by vacuum cleaners ($301M), with an 11% share of total imports. It was followed by electric ovens, cookers, cooking plates, boiling rings, grillers and roasters, with a 7.3% share.
U.S. Domestic Appliances Imports by Country
In July 2022, China (44M units) constituted the largest domestic appliances supplier to the United States, accounting for a 59% share of total imports. Moreover, domestic appliances imports from China exceeded the figures recorded by the second-largest supplier, Mexico (8.9M units), fivefold. Canada (5.7M units) ranked third in terms of total imports with a 7.7% share.
From January 2022 to July 2022, the average monthly growth rate of volume from China totaled -1.4%. The remaining supplying countries recorded the following average monthly rates of imports growth: Mexico (+0.9% per month) and Canada (+12.5% per month).
In value terms, the largest domestic appliances suppliers to the United States were China ($1.2B), Mexico ($748M) and Vietnam ($52M), with a combined 71% share of total imports. These countries were followed by Japan, Germany, Indonesia and Canada, which together accounted for a further 6.2%.
Among the main suppliers, Germany, with a CAGR of +5.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the domestic appliances market in the U.S.. 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.
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 Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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