Global Domestic Appliances Market 2022

Domestic Appliances Market Size

The global domestic appliances market expanded to $X in 2021, with an increase of X% against the previous year. The market value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of X%. Global consumption peaked in 2021 and is expected to retain growth in the near future.

Domestic Appliances Production

In value terms, domestic appliances production declined slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, global production hit record highs at $X in 2020, and then reduced slightly in the following year.

Domestic Appliances Exports

Exports

In 2021, global domestic appliances exports totaled X units, increasing by X% on the year before. The total export volume increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2021, the growth of the global exports remained at a somewhat lower figure.

In value terms, domestic appliances exports expanded markedly to $X in 2021. The total export value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the global exports reached the maximum in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

China was the largest exporting country with an export of about X units, which reached X% of total exports. Turkey (X units) held the second position in the ranking, followed by Poland (X units) and Germany (X units). All these countries together took near X% share of total exports. The following exporters - Italy (X units), Mexico (X units), Romania (X units), the Netherlands (X units), the United States (X units), South Korea (X units), Spain (X units) and Russia (X units) - together made up X% of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of domestic appliances. At the same time, Russia (+X%), the Netherlands (+X%), Romania (+X%), Poland (+X%), Turkey (+X%), South Korea (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2012-2021. Spain experienced a relatively flat trend pattern. By contrast, Italy (-X%), Mexico (-X%) and the United States (-X%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Turkey and Poland increased by +X and +X percentage points, respectively. Italy (-X p.p.) and Mexico (-X p.p.) saw their shares reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest domestic appliances supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by Germany ($X), with a X% share of global exports. It was followed by Poland, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China stood at +X%. In the other countries, the average annual rates were as follows: Germany (+X% per year) and Poland (+X% per year).

Export Prices by Country

The average domestic appliances export price stood at $X per unit in 2021, picking up by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, the average export prices hit record highs in 2021 and is likely to see gradual growth in the immediate term.

Prices varied noticeably countryorigin: the country with the highest price was Germany ($X per unit), while Romania ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+X%), while the other global leaders experienced more modest paces of growth.

Domestic Appliances Imports

Imports

Global domestic appliances imports rose markedly to X units in 2021, surging by X% against 2020. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, domestic appliances imports soared to $X in 2021. The total import value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The purchases of the twelve major importers of domestic appliances, namely Germany, the United States, the UK, France, Italy, the Netherlands, Spain, Russia, Japan, Poland, Canada and Belgium, represented more than half of total import. China (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in China (with a CAGR of +X%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported domestic appliances worldwide, comprising X% of global imports. The second position in the ranking was taken by Germany ($X), with an X% share of global imports. It was followed by France, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value in the United States stood at +X%. In the other countries, the average annual rates were as follows: Germany (+X% per year) and France (+X% per year).

Import Prices by Country

In 2021, the average domestic appliances import price amounted to $X per unit, growing by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2020 an increase of X% against the previous year. Global import price peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the United States ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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