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U.S. Small Electrical Appliance Market. Analysis And Forecast to 2030

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Article Publishing Date: Nov 8, 2023

August 2023 Sees a $1.6B Surge in Small Electrical Appliance Imports to the United States

U.S. Small Electrical Appliance Imports

In August 2023, imports of small electrical appliances into the United States surged to 152M units, jumping by 28% compared with July 2023. Overall, total imports indicated mild growth from August 2022 to August 2023: its volume increased at an average monthly rate of +1.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, imports increased by +55.5% against June 2023 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, small electrical appliance imports surged to $1.6B (IndexBox estimates) in August 2023. In general, imports, however, showed a mild shrinkage. Over the period under review, imports reached the peak figure at 1.8B units in August 2022; however, from September 2022 to August 2023, imports remained at a lower figure. U.S. Small Electrical Appliance Imports By Country (Million USD)

COUNTRY	Import Value of Small Electrical Appliance in U.S. (million USD)
COUNTRY	Aug 2022	Sep 2022	Oct 2022	Nov 2022	Dec 2022	Jan 2023	Feb 2023	Mar 2023	Apr 2023	May 2023	Jun 2023	Jul 2023	Aug 2023
China	1,203	1,124	992	775	683	752	683	612	840	880	789	784	1,024
Mexico	115	100	109	114	106	103	106	126	103	124	127	128	139
Indonesia	62.5	62.6	50.0	30.2	27.3	25.8	19.5	28.8	25.2	23.2	33.0	41.6	45.9
Germany	30.8	40.7	34.1	27.0	18.5	22.0	21.1	23.4	24.4	26.3	27.8	25.6	24.3
Canada	21.8	21.5	23.0	23.0	21.0	21.8	19.7	22.8	20.5	23.9	22.2	19.8	19.8
Others	359	320	364	290	219	238	221	279	265	260	266	294	304
Total	1,792	1,669	1,572	1,259	1,074	1,163	1,070	1,092	1,279	1,338	1,265	1,293	1,556

Imports by Country

In August 2023, China (120M units) constituted the largest supplier of small electrical appliance to the United States, with a 79% share of total imports. Moreover, small electrical appliance imports from China exceeded the figures recorded by the second-largest supplier, Mexico (6.8M units), more than tenfold. The third position in this ranking was taken by Canada (5.4M units), with a 3.6% share.

From August 2022 to August 2023, the average monthly growth rate of volume from China amounted to +2.1%. The remaining supplying countries recorded the following average monthly rates of imports growth: Mexico (+0.2% per month) and Canada (-6.6% per month).

In value terms, China ($1B) constituted the largest supplier of small electrical appliance to the United States, comprising 66% of total imports. The second position in the ranking was taken by Mexico ($139M), with an 8.9% share of total imports. It was followed by Indonesia, with a 2.9% share.

From August 2022 to August 2023, the average monthly growth rate of value from China amounted to -1.3%. The remaining supplying countries recorded the following average monthly rates of imports growth: Mexico (+1.6% per month) and Indonesia (-2.5% per month).

Import Prices by Country

In August 2023, the small electrical appliance price stood at $10.3 per unit (CIF, US), dropping by -6.1% against the previous month. In general, the import price saw a perceptible setback. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 10% month-to-month. The import price peaked at $15.6 per unit in October 2022; however, from November 2022 to August 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Vietnam ($24.9 per unit), while the price for Canada ($3.6 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Canada (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the small electrical appliance 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.

Product coverage:

NAICS 335210 - Small electrical appliance manufacturing

Companies mentioned:

Conair Corporation
Nacco Industries
Dyson
Hamilton Beach Brands
Helen of Troy
Delta T Corporation
Karcher North America
Broan-Nutone
The Kirby Sales Company
Tacony Corporation
Regal Ware
Edgecraft Corporation
Fanimation, Rexair
E.G.O. North America
The Metal Ware Corporation
Tutco
Trantech Radiator Products
Turbochef Technologies
Ad Corporation
Edwards Vacuum
Ceramaspeed
Bath Solutions
Bissell Homecare
Applica Consumer Products
Midwest Energy Cooperativ
Housewares Holding Company
Russell Hobbs
Rexair Holdings
BHSF
Western/Scott Fetzer Company

Country coverage:

United States

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the U.S.
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023

U.S. Small Electrical Appliance Market. Analysis And Forecast to 2030

August 2023 Sees a $1.6B Surge in Small Electrical Appliance Imports to the United States

U.S. Small Electrical Appliance Imports

Imports by Country

Import Prices by Country

Product coverage:

Companies mentioned:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

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