With weak demand and a rebound in profit, home appliance industry forged ahead under pressure in Q1 2022
At the beginning of 2022, China’s home appliance industry came under pressure on both supply side and demand side under the influence of a few factors from within and outside China including the economic downturn, sporadic outbreaks of scattered covid-19 infections and the world’s geopolitical...
Washing machine industry embarks on an upgrade in all respects
Washing machine industry embarks on an upgrade in all respects to reflect the changing consumption demands while ease the pressure brought by rising raw material cost after a struggling recovery in 2021. At the current stage, a war over value instead of price has been on.
Performance of China’s home appliance industry in 2021
Faced with pressing challenges including weak domestic demands, skyrocketing raw material prices and international shipping costs, the supply chain disorder, the Yuan appreciation and the fallout of Covid-19 last year, China’s home appliance industry rose to difficulties and forged ahead with...
Read More →China's Covid Restrictions Ignite Online Sales of Freezers, Fridges
Online sales of cold storage equipment have risen in China as cities, including Shanghai and Guangzhou, have tightened their Covid-19 restrictions amid new cases.
Read More →Data| Export volume of large appliances from China rose YoY in 2021
The export volume of air conditioners from China came to 52.77 million units in 2021, up 11.8% YoY, of which export volume for December alone stood at 4.08 million units, up 14% YoY, according to customs data.
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