Exported refrigerators and freezers to the US surged in the first five months of 2020
Amid the broad sluggishness of home appliance industry in 2020, the performance of refrigerators and freezers has been eye-catching, particularly at overseas markets. From January to May 2020, exports of refrigerators and freezers from China rose by 3.2% year-on-year, of which exports to America...
Read More →Data | Exports and imports of China rallied with positive growth in June
For the first half of 2020, China’s total exports and imports stood at 14.24 trillion Yuan, down by 3.2% year-on-year, a decline narrowed by 1.7% compared to the figure for the first five months, according to General Administration of Customs. The export value for H1 came to 7.71 trillion Yuan,...
Read More →Data | Dishwasher market maintained growth in the first five months of 2020
Dishwasher market saw retail sales value of 2.4 billion RMB from January to May 2020, up by 11.8% year-on-year, and retail sales volume of 0.548 million units, up by 24% year-on-year, according to All View Cloud. Dishwasher sector is one of the few sectors of home appliances that maintained positive...
Read More →Data | Online sales of household garbage disposals surged in H1
Household garbage disposal sector saw online sales volume of 40,000 units and sales value of 80 million Yuan for June 2020, a surge of 183% and 228% year-on-year respectively, according to monitored data of online sales from China Market Monitor. The month witnessed the highest sales of the category...
Read More →Data |Online retail sales value of TVs estimated to slump by 23.7%
Given the high inventory left by the lackluster Spring Festival campaign and the influence of covid-19, China’s TV sector is estimated to reach 20.87 million units by volume and 50.6 billion Yuan by value for the first half of 2020, down by 9.2% and 23.7% year-on-year respectively, according to the...
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