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In the first five months, the export of refrigerators and freezers to America significantly increase

  • Categories:Industry news
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  • Time of issue:2020-07-21 17:45
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(Summary description)In 2020, under the influence of the epidemic situation, the overall industrial chain of household appliances is sluggish, but the performance of refrigerators and freezers has been commendable, especially in the export market.

In the first five months, the export of refrigerators and freezers to America significantly increase

(Summary description)In 2020, under the influence of the epidemic situation, the overall industrial chain of household appliances is sluggish, but the performance of refrigerators and freezers has been commendable, especially in the export market.

  • Categories:Industry news
  • Author:
  • Origin:
  • Time of issue:2020-07-21 17:45
  • Views:
Information

     In 2020, under the influence of the epidemic situation, the overall industrial chain of household appliances is sluggish, but the performance of refrigerators and freezers has been commendable, especially in the export market. From January to May , China's exports of refrigerators and freezers increased by 3.2% year-on-year. Among them, the export of refrigerators and freezers to America increased by 28.7%, the second is Oceania, with an increase of more than 25%.

 

     From the perspective of the top 10 countries exporting to the Americas, the United States and Mexico both showed significant growth year on year,  the United States accounted for more than 4 million units, accounting for about 67% of the total exports to the whole America; the volume exported to Colombia decreased the most year-on-year. There is a negative correlation between the export volume and the average export price.

 

     Export of refrigerators and freezers to the top 3 countries in America from January to may  in 2020 

 

1. U.S.A

 

   For many years, the United States has been China's largest exporter of refrigerators and freezers. In the first five months of this year, the export volume increased by 41.3% , and the global export share was nearly 20%, nearly 6% higher than 14% in the same period of last year. The export volume has exceeded half of the total volume of last year.

 

  On the one hand, the sharp trade war between China and the United States led to a relatively reduced base; on the other hand, in order to hoard food, the American people bought refrigerators and freezers, include replacing them with large volume refrigerators or adding small volume products as supplements to store food. In addition, because of the global outbreak, the output of other producing countries has decreased, while China's epidemic situation has been controlled earlier and the production capacity has recovered rapidly, thus the United States has turned to import more from China.

 

    Looking form the months, the number of refrigerators and freezers exported to the United States declined in February, because of the strict requirements for epidemic prevention and control in China, so the production of domestic enterprises fell sharply. In other months, the growth rate was nearly 80% faster than last year in April. On the one hand, the production of domestic enterprises was basically restored, the epidemic situation in the United States was grim. Although the economy was gradually restarted in the middle and late ten days of April, but the U.S Domestic production is still greatly affected.

 

   According to industry online, although the market demand for refrigerators and freezers in the United States in May and June was still good ,but compared with other household appliances, the growth momentum has gradually slowed down.

 

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