Overview of the Global Market for Vacuum Cleaners With Motor

Market Size for Vacuum Cleaners With Motor

The global vacuum cleaner with motor market totaled $X in 2022, remaining constant against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the global market hit record highs in 2022 and is likely to see steady growth in the near future.

Production of Vacuum Cleaners With Motor

In value terms, vacuum cleaner with motor production fell slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. Over the period under review, global production attained the peak level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Exports of Vacuum Cleaners With Motor

Exports

In 2022, after four years of growth, there was significant decline in shipments abroad of vacuum cleaners with motor, when their volume decreased by X% to X units. Over the period under review, total exports indicated temperate growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. The global exports peaked at X units in 2021, and then contracted sharply in the following year.

In value terms, vacuum cleaner with motor exports shrank to $X in 2022. In general, exports, however, showed strong growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The global exports peaked at $X in 2021, and then contracted in the following year.

Exports by Country

China dominates exports structure, reaching X units, which was approx. X% of total exports in 2022. It was distantly followed by Malaysia (X units), Germany (X units) and the Netherlands (X units), together achieving a X% share of total exports. Vietnam (X units), Mexico (X units) and Romania (X units) held a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to vacuum cleaner with motor exports from China stood at X%. At the same time, Romania (X%), the Netherlands (X%), Malaysia (X%), Vietnam (X%) and Germany (X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. By contrast, Mexico (X%) illustrated a downward trend over the same period. While the share of the Netherlands (X p.p.) and China (X p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Mexico (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual growth rate of value in China totaled X%. In the other countries, the average annual rates were as follows: Germany (X% per year) and Malaysia (X% per year).

Export Prices by Country

In 2022, the average vacuum cleaner with motor export price amounted to $X per unit, surging by X% against the previous year. In general, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vacuum cleaner with motor export price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The global export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other global leaders experienced more modest paces of growth.

Imports of Vacuum Cleaners With Motor

Imports

After two years of growth, overseas purchases of vacuum cleaners with motor decreased by X% to X units in 2022. Over the period under review, total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2014 indices. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, global imports reached the peak figure at X units in 2021, and then contracted in the following year.

In value terms, vacuum cleaner with motor imports dropped slightly to $X in 2022. Overall, imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then shrank modestly in the following year.

Imports by Country

The United States was the largest importer of vacuum cleaners with motor in the world, with the volume of imports resulting at X units, which was approx. X% of total imports in 2022. The Netherlands (X units) held the second position in the ranking, followed by Germany (X units) and Russia (X units). All these countries together held approx. X% share of total imports. Japan (X units), the UK (X units), France (X units), Canada (X units), Australia (X units), South Korea (X units), China (X units), Belgium (X units) and Spain (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to vacuum cleaner with motor imports into the United States stood at X%. At the same time, China (X%), the Netherlands (X%), South Korea (X%), Spain (X%), Germany (X%), Russia (X%), Australia (X%) and Canada (X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. The UK, Japan, Belgium and France experienced a relatively flat trend pattern. From 2012 to 2022, the share of the Netherlands, China and South Korea increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest vacuum cleaner with motor importing markets worldwide were the United States ($X), Germany ($X) and the Netherlands ($X), with a combined X% share of global imports. Japan, France, Russia, Australia, the UK, Canada, South Korea, Spain, China and Belgium lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, China, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average vacuum cleaner with motor import price amounted to $X per unit, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Global import price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while Russia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :