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The sharp Increase of Refrigeratior & Freezer

  • Categories:NEWS
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  • Time of issue:2020-11-21 17:14
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(Summary description)The sharp Increase of Refrigeratior & Freezer

The sharp Increase of Refrigeratior & Freezer

(Summary description)The sharp Increase of Refrigeratior & Freezer

  • Categories:NEWS
  • Author:
  • Origin:
  • Time of issue:2020-11-21 17:14
  • Views:
Information

    With the effect of epidemic all over the world, the time that people stay at home has increase  so  their willingness to stock up lead to a sharp increase in the demand for refrigerators and freezers. Since February, all parts of China have resumed work and production. China has the most complete electrical supply chain in the world, while Indonesia and Turkey are relatively good at different recovery times due to the impact of the epidemic. The United States only recovered 90% of its production capacity in August. The situation in Italy has been repeated. Russia and other European regions have not fully recovered. India's performance is also very poor. As a result, orders from all over the world are concentrated in China, leading to a rapid growth in the export of refrigerators and freezers. Export enterprises still can't meet the demand at full power, and the orders will be arranged to the first quarter of next year.

    America is still the largest market for Chinese refrigerators and freezers. In the third quarter, exports to the United States accounted for 24.6% of global exports, reaching 4.84 million units. In Europe, 40% of the models in the market will be eliminated due to the new energy label and the improvement of energy efficiency standards. The increase of frequency conversion products will also bring a new opportunity for Chinese enterprises.

    With the RCEP signed on November 15, the reduction of tariffs and trade barriers among the 15 member countries will also bring opportunities for the export of refrigerators and freezers in Asia.

    The increasing export of refrigerators and freezers has brought FSTB an opportunity. Since 1982, FSTB has produced thermostat, and now its waterproof products are ksd301-m, ksd303, ksd303 series, ksd305, Ksd310 and other products, some can be used for the temperature control of refrigerators, freezers and other products, as well as compressor protectors. In the future, FSTB will continue to develop new products  to meet the new requirements of the market, so as to meet the upgrading of electrical products and the requirements of customers.

 

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