Which Country Imports the Most Domestic Appliances in the World?
Domestic Appliances May 28, 2018
IndexBox has just published a new report "World: Domestic, Non-Electric, Cooking Or Heating Appliances - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.
In 2016, the global home appliance imports stood at 3.6M tonnes, coming up by 2% against the previous year level. In general, home appliance imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012, when import increased by 5% year-to-year. Global home appliance import peaked in 2016, and are likely to see steady growth in the near future.
In value terms, home appliance imports totaled $9.1B in 2016. The total import value increased at an average annual rate of +1.0% from 2007 to 2016- the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded over the period under review. Global home appliance import peaked of $9.9B in 2014- however, from 2015 to 2016, it stood at a somewhat lower level.
Top Home Appliance Importing Countries in the World
1. USA (2,983.5 million USD)
2. Germany (585.0 million USD)
3. France (423.6 million USD)
4. United Kingdom (423.2 million USD)
5. Canada (400.9 million USD)
6. Italy (221.0 million USD)
7. Netherlands (218.3 million USD)
8. Poland (156.3 million USD)
9. Russia (155.4 million USD)
10. Mexico (104.2 million USD)
11. Turkey (49.2 million USD)
12. China (38.8 million USD)
Home Appliance Imports By Country
In 2016, China (985K tonnes), distantly followed by the U.S. (554K tonnes), and the Netherlands (177K tonnes) were the main importers of home appliance, together comprising 48% of total imports. The following importers - Italy (134K tonnes), Germany (125K tonnes), the UK (108K tonnes), Mexico (101K tonnes), Turkey (99K tonnes), France (75K tonnes), Canada (73K tonnes), Russia (66K tonnes), and Poland (63K tonnes) together made up 23% of total imports.
From 2007 to 2016, the most notable growth rate of home appliance imports, among the main importing countries, was attained by the Netherlands (+33.6% per year), while the other global leaders experienced more modest paces of growth.
In value terms, the U.S. ($3B) constitutes the largest market for imported home appliance worldwide, making up 33% of global imports. The second position in the ranking was occupied by Germany ($585M), with the share of 6% of global imports. It was followed by France, with the share of 5%.
From 2007 to 2016, the average annual rate of growth in terms of value of home appliance imports in the U.S. expanded at +1.5%. The remaining importing countries recorded the following average annual rates: Germany (+2.5% per year) and France (-0.5% per year).
Home Appliance Import Prices By Country
In 2016, the average import price for home appliance amounted to $2,524 per tonne, coming down by -3.6% against the previous year. In general, home appliance import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when import price increased by 8% from the previous year level. Global home appliance import peaked of $2,750 per tonne in 2014- however, from 2015 to 2016, it failed to regain its strength.
There were significant differences in the average import prices amongst major importing countries. In 2016, the country with the highest import prices was France ($5,672 per tonne), while China ($39 per tonne) was among the lowest.
From 2007 to 2016, the most notable growth rate of home appliance import prices was attained by France (+4.9% per year), while the other global leaders experienced more modest paces of growth.
Do you want to know more about 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 import
- home appliance export
- home appliance market forecast
- home appliance price forecast
- key home appliance producers
All data provided in this article covers the following product: HS Code 7321 - Stoves, ranges, grates, cookers (those with subsidiary boilers for central heating), barbecues, braziers, gas-rings, plate warmers and similar non-electric domestic appliances and parts, of iron or steel.
