Report Update: May 1, 2024

China - Personal Weighing Machines - Market Analysis, Forecast, Size, Trends And Insights

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Personal Weighing Machine Price in China - 2023

Personal Weighing Machine Price in China (FOB) - 2023

In September 2023, the average personal weighing machine export price amounted to $5.4 per unit, approximately mirroring the previous month. In general, the export price, however, saw a pronounced setback. The growth pace was the most rapid in February 2023 an increase of 21% against the previous month. Over the period under review, the average export prices reached the peak figure at $7.8 per unit in March 2023; however, from April 2023 to September 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Malaysia ($7.5 per unit), while the average price for exports to Brazil ($2.0 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 Italy (+0.9%), while the prices for the other major destinations experienced more modest paces of growth.

Personal Weighing Machine Price in China (CIF) - 2022

The average personal weighing machine import price stood at $22 per unit in 2022, which is down by -47.5% against the previous year. Over the period under review, the import price, however, posted a modest increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 226% against the previous year. The import price peaked at $64 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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 Germany ($111 per unit), while the price for Australia ($5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+21.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Personal Weighing Machine Exports in China

In 2022, after three years of growth, there was significant decline in overseas shipments of personal weighing machines, when their volume decreased by -31.7% to 146M units. Overall, total exports indicated a tangible increase from 2019 to 2022: its volume increased at an average annual rate of +2.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 37%. The exports peaked at 213M units in 2021, and then dropped sharply in the following year.

In value terms, personal weighing machine exports declined sharply to $935M in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +11.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 69% against the previous year. The exports peaked at $1.3B in 2021, and then reduced dramatically in the following year.

Export of Personal Weighing Machine in China (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	143	292	319	227	16.7%
Germany	51.0	70.0	90.2	56.0	3.2%
United Kingdom	31.3	67.0	67.0	39.2	7.8%
Japan	26.2	38.6	43.4	36.4	11.6%
India	22.1	25.9	37.1	27.5	7.6%
South Korea	25.6	42.1	39.1	24.1	-2.0%
Netherlands	20.3	20.4	32.7	23.7	5.3%
Indonesia	15.4	30.6	29.6	23.7	15.5%
Russia	20.3	29.0	47.8	21.8	2.4%
United Arab Emirates	7.0	14.8	21.9	19.0	39.5%
Brazil	15.5	23.4	31.9	17.6	4.3%
France	20.3	23.2	27.3	15.2	-9.2%
Spain	11.5	14.5	19.7	13.8	6.3%
Others	262	441	525	390	14.2%
Total	672	1,133	1,332	935	11.6%

Top Export Markets for Personal Weighing Machine from China in 2022:

United States (26.0M units)
Germany (8.6M units)
India (6.9M units)
Russia (5.7M units)
Japan (5.5M units)
Brazil (5.1M units)
Netherlands (4.8M units)
Indonesia (4.5M units)
United Kingdom (4.3M units)
Spain (3.8M units)
South Korea (3.6M units)
United Arab Emirates (3.1M units)
France (2.9M units)

Personal Weighing Machine Imports in China

After two years of decline, overseas purchases of personal weighing machines increased by 95% to 54K units in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +9.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, personal weighing machine imports rose slightly to $1.2M in 2022. Overall, imports, however, continue to indicate a deep slump. Imports peaked at $1.8M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Personal Weighing Machine in China (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
South Korea	476	267	163	267	-17.5%
Germany	191	144	148	266	11.7%
Japan	259	356	175	202	-8.0%
Australia	N/A	N/A	0.1	4.6	4500.0%
Hong Kong SAR	59.2	N/A	N/A	N/A	0%
United Arab Emirates	746	N/A	N/A	N/A	0%
Others	81.2	729	693	469	79.4%
Total	1,812	1,496	1,180	1,209	-12.6%

Top Suppliers of Personal Weighing Machine to China in 2022:

Japan (28.5K units)
South Korea (3.5K units)
Germany (2.4K units)
Australia (0.9K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the personal weighing machine 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 28293200 - Personal weighing machines, including baby scales, h ousehold scales

Country coverage:

China

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.

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