U.S. - Domestic Electric Coffee Or Tea Makers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDomestic Coffee Machine Price in the United States - 2023
Contents:
- Domestic Coffee Machine Price in the United States (CIF) - 2023
- Domestic Coffee Machine Price in the United States (FOB) - 2022
- Domestic Coffee Machine Imports in the United States
- Domestic Coffee Machine Exports in the United States
Domestic Coffee Machine Price in the United States (CIF) - 2023
The average domestic coffee machine import price stood at $37.1 per unit in September 2023, shrinking by -13.4% against the previous month. In general, the import price showed a noticeable decrease. The growth pace was the most rapid in August 2023 when the average import price increased by 19% month-to-month. Over the period under review, average import prices reached the maximum at $47.2 per unit in September 2022; however, from October 2022 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Hungary ($68.6 per unit), while the price for China ($24.9 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Switzerland (+4.4%), while the prices for the other major suppliers experienced a decline.
Domestic Coffee Machine Price in the United States (FOB) - 2022
In 2022, the average domestic coffee machine export price amounted to $68 per unit, increasing by 3.9% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The growth pace was the most rapid in 2021 an increase of 19%. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($91 per unit), while the average price for exports to South Korea ($26 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.
Domestic Coffee Machine Imports in the United States
For the fourth year in a row, the United States recorded growth in purchases abroad of domestic electric coffee or tea makers, which increased by 20% to 42M units in 2022. The total import volume increased at an average annual rate of +9.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, domestic coffee machine imports soared to $1.6B in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.8% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Domestic Coffee Machine in the United States (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 717 | 570 | 599 | 653 | -3.1% |
Indonesia | 9.3 | 64.9 | 131 | 229 | 190.9% |
Thailand | 0.4 | 111 | 136 | 203 | 697.6% |
Malaysia | 163 | 181 | 148 | 145 | -3.8% |
Italy | 74.1 | 77.1 | 99.8 | 127 | 19.7% |
Switzerland | 58.4 | 51.9 | 77.4 | 108 | 22.7% |
Others | 67.1 | 83.8 | 121 | 155 | 32.2% |
Total | 1,089 | 1,141 | 1,314 | 1,621 | 14.2% |
Top Suppliers of Domestic Coffee Machine to the United States in 2022:
- China (24.8M units)
- Indonesia (5.0M units)
- Thailand (3.7M units)
- Switzerland (3.1M units)
- Malaysia (2.4M units)
- Italy (1.5M units)
Domestic Coffee Machine Exports in the United States
Domestic coffee machine exports from the United States reduced sharply to 658K units in 2022, waning by -15.1% compared with 2021 figures. In general, exports saw a noticeable decrease. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year. As a result, the exports reached the peak of 775K units, and then reduced sharply in the following year.
In value terms, domestic coffee machine exports fell to $45M in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +5.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +32.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 50% against the previous year. As a result, the exports reached the peak of $51M, and then shrank in the following year.
Export of Domestic Coffee Machine in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 21.0 | 23.0 | 34.4 | 26.2 | 7.7% |
Mexico | 3.4 | 3.1 | 7.2 | 10.6 | 46.1% |
United Kingdom | 0.7 | 0.1 | 2.2 | 1.1 | 16.3% |
China | 0.6 | N/A | 0.2 | 1.0 | 18.6% |
Guatemala | 0.6 | 0.3 | 0.5 | 0.8 | 10.1% |
Colombia | 0.2 | 0.2 | 0.3 | 0.5 | 35.7% |
Costa Rica | 0.4 | 0.2 | 0.4 | 0.4 | 0.0% |
Hong Kong SAR | 2.6 | 0.3 | 0.1 | 0.1 | -66.2% |
Others | 9.1 | 6.7 | 5.7 | 4.3 | -22.1% |
Total | 38.5 | 34.0 | 51.1 | 45.0 | 5.3% |
Top Export Markets for Domestic Coffee Machine from the United States in 2022:
- Canada (287.9K units)
- Mexico (197.9K units)
- United Kingdom (24.1K units)
- China (18.2K units)
- Colombia (13.7K units)
- Guatemala (12.8K units)
- Costa Rica (12.2K units)
- Hong Kong SAR (2.6K units)
This report provides an in-depth analysis of the domestic coffee machine 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:
- Prodcom 27512430 - Domestic electric coffee or tea makers (including percolators)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In April 2023, the domestic coffee machine price amounted to $35.2 per unit (CIF, US), with a decrease of -13.2% against the previous month.
During the review period, Hair Curler imports reached a peak of 3.8M units in May 2023 before stabilizing until December 2023. In terms of value, imports saw a significant decline to $32M by December 2023.
Hair Curler imports reached a record high of $46 million in May 2023.
Electric heating radiator imports reached a staggering $2.6 million in June 2023.
In terms of value, imports of Electric Heating Resistors decreased to $60M in July 2023.
During the review period, Electric Hair Dryer imports reached a peak of 2.3M units in May 2023, but from June to December 2023, the number of imports decreased. In terms of value, Electric Hair Dryer imports dropped significantly to $21M in December 2023.
In April 2023, the electric hair dryer price amounted to $15.2 per unit (CIF, US), declining by -5.9% against the previous month.
In February 2023, the price of a microwave oven was $75.9 (CIF, US) - an 11% increase compared to the previous month.
In August 2022, the microwave oven price stood at $85 per unit (CIF, US), with a decrease of -7% against the previous month.
Despite global logistical tensions amid the sharp container shortage, the U.S. continues to boosts microwave oven imports. Last year, American purchases spiked by +16.3% to $1.6B, reaching the highest level ever. In the first seven months of 2021, American imports reached 12.9M units, exceeding last year’s 12.1M units over the same period. China dominates American imports, supplying 95% of the total volume. In 2020, Chinese shipments to the U.S. jumped by +29% y-o-y to 22M units, while Malaysia saw a 19%-decline in supplies. Chinese microwave ovens thus drive out Malaysian products from the American market.