China - Domestic Electric Toasters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDomestic Toaster Price in China - 2023
Contents:
- Domestic Toaster Price in China (FOB) - 2023
- Domestic Toaster Price in China (CIF) - 2022
- Domestic Toaster Exports in China
- Domestic Toaster Imports in China
Domestic Toaster Price in China (FOB) - 2023
The average domestic toaster export price stood at $10.4 per unit in September 2023, declining by -1.9% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 15% month-to-month. Over the period under review, the average export prices hit record highs at $12.4 per unit in February 2023; however, from March 2023 to September 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Italy ($16.8 per unit), while the average price for exports to Brazil ($5.0 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.
Domestic Toaster Price in China (CIF) - 2022
In 2022, the average domestic toaster import price amounted to $58 per unit, with a decrease of -23.5% against the previous year. Over the period under review, the import price showed a deep reduction. The pace of growth appeared the most rapid in 2018 when the average import price increased by 176%. Over the period under review, average import prices hit record highs at $510 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($279 per unit), while the price for the Czech Republic ($29 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+25.1%), while the prices for the other major suppliers experienced a decline.
Domestic Toaster Exports in China
In 2022, shipments abroad of domestic electric toasters decreased by -28.7% to 93M units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 21% against the previous year. As a result, the exports reached the peak of 131M units, and then fell dramatically in the following year.
In value terms, domestic toaster exports dropped notably to $1B in 2022. Overall, total exports indicated a tangible expansion from 2019 to 2022: its value increased at an average annual rate of +4.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 27%. The exports peaked at $1.4B in 2021, and then dropped remarkably in the following year.
Export of Domestic Toaster in China (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 238 | 367 | 413 | 277 | 5.2% |
United Kingdom | 92.1 | 109 | 120 | 79.4 | -4.8% |
Germany | 66.8 | 79.0 | 99.6 | 66.8 | 0.0% |
Australia | 41.4 | 52.5 | 50.3 | 45.8 | 3.4% |
Netherlands | 45.9 | 43.6 | 57.5 | 43.2 | -2.0% |
Japan | 31.1 | 46.3 | 51.5 | 39.7 | 8.5% |
Spain | 22.1 | 26.1 | 40.3 | 36.4 | 18.1% |
Russia | 20.8 | 31.8 | 38.8 | 36.1 | 20.2% |
Brazil | 26.6 | 22.5 | 31.5 | 32.8 | 7.2% |
Canada | 25.0 | 33.4 | 34.2 | 30.3 | 6.6% |
France | 39.2 | 41.0 | 50.7 | 29.1 | -9.5% |
Italy | 22.7 | 25.8 | 33.3 | 28.0 | 7.2% |
India | 12.3 | 8.0 | 11.9 | 12.7 | 1.1% |
Others | 222 | 264 | 363 | 263 | 5.8% |
Total | 906 | 1,150 | 1,397 | 1,021 | 4.1% |
Top Export Markets for Domestic Toaster from China in 2022:
- United States (26.1M units)
- Brazil (6.3M units)
- United Kingdom (6.1M units)
- Germany (5.5M units)
- Netherlands (4.6M units)
- Spain (3.6M units)
- Russia (3.2M units)
- Australia (3.0M units)
- France (2.4M units)
- Canada (2.2M units)
- Japan (1.7M units)
- Italy (1.6M units)
- India (1.6M units)
Domestic Toaster Imports in China
After three years of growth, overseas purchases of domestic electric toasters decreased by -28.7% to 35K units in 2022. Over the period under review, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 399% against the previous year. Imports peaked at 50K units in 2021, and then contracted remarkably in the following year.
In value terms, domestic toaster imports fell dramatically to $2M in 2022. In general, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 505% against the previous year. Over the period under review, imports hit record highs at $3.8M in 2021, and then dropped remarkably in the following year.
Import of Domestic Toaster in China (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 161 | 1,773 | 2,078 | 1,154 | 92.8% |
France | 3.1 | 52.2 | 74.4 | 176 | 284.3% |
United Kingdom | 40.7 | 323 | 333 | 171 | 61.4% |
Singapore | 22.8 | 259 | 168 | 121 | 74.4% |
Japan | 3.4 | 85.8 | 95.0 | 95.5 | 204.0% |
United States | 23.8 | 54.9 | 390 | 79.2 | 49.3% |
Germany | 101 | 474 | 403 | 52.0 | -19.9% |
Hong Kong SAR | 40.6 | 134 | 2.7 | 3.6 | -55.4% |
United Arab Emirates | 100 | N/A | N/A | N/A | 0% |
Others | 49.5 | 150 | 214 | 197 | 58.5% |
Total | 546 | 3,307 | 3,759 | 2,049 | 55.4% |
Top Suppliers of Domestic Toaster to China in 2022:
- Italy (20.2K units)
- United States (2.6K units)
- United Kingdom (2.6K units)
- Japan (2.4K units)
- Singapore (2.1K units)
- France (2.1K units)
- Germany (0.7K units)
- Hong Kong SAR (0.1K units)
This report provides an in-depth analysis of the domestic toaster 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 27512450 - Domestic electric toasters (including toaster ovens for toasting bread, potatoes or other small items)
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:
- 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
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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 August 2023, Domestic Toaster exports reached a peak at 9.6M units. Unfortunately, from September to December 2023, the exports were unable to regain momentum. However, in terms of value, domestic toaster exports saw a slight increase to $83M in December 2023.
In value terms, domestic toaster exports skyrocketed to $79M in March 2023.
In September 2022, the hair curler price amounted to $10.1 per unit (FOB, China), approximately equating the previous month.
In April 2023, the price of Electric Heating Resistors reached $894 per thousand units (FOB, China), experiencing an 11% increase compared to the previous month.
The value of exports for Electric Hair Dryer decreased to $115M in June 2023.
In May 2023, Microwave Oven exports peaked at 6.1M units. Unfortunately, from June to December 2023, they failed to regain momentum. Despite this, in December 2023, Microwave Oven exports saw a slight expansion in value, reaching $273M.
Microwave Oven exports declined to $287M in June 2023 in terms of value.
During the reviewed period, exports of Domestic Coffee Machines peaked at 9.6M units in September 2023. However, from October to December 2023, the exports remained at a slightly lower level. In terms of value, domestic coffee machine exports rose significantly to $188M in December 2023.
In February 2023, the cost of a domestic coffee machine in China was $27.0, a 26% increase month-on-month (FOB)
In value terms, electric water heater exports rose modestly to $58M in April 2023.