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Development Trend of 2014Kitchen Appliance Imports and Exports
Date:2015/4/22

Development Trend of 2014 Kitchen Appliance Imports and Exports

Despite of the inadequate external demands, exchange rate fluctuation of RMB, frequent trade frictions and so kind negative factors, China’s hardware industry has seen a total import and export volume of over 100 billion US dollars in 2014. The foreign trades of China’s hardware industry remain a comparatively strong growth.

According to the Customs’ statistics, total foreign trade volume of China’s hardware industry in January – December 2014 was 124.325 billion US dollars, growing 10.24% year on year which was 2.63% higher than the previous year. The export volume during the aforesaid period time was 100.834 billion US dollars, growing 11.31% year on year which was 3.08% higher than the previous year; the import volume was 23.492 billion US dollars, growing 5.85% year on year which was 0.5% higher than the previous year. Both imports and exports of China’s hardware industry have realized positive increase with respect to the growth rate.


Slower growth and increased total volume

The Customs’ foreign trade statistics showed that export volume of China’s gas appliance industry in 2014 was 4.362 billion US dollars, with a year-on-year growth rate of 7.05%; the import volume was 0.279 billion US dollars, with a year-on-year growth rate of -13.99%. Export volume of range hood industry was 0.48 billion US dollars, growing 3.73% year on year; and the import volume was 22 million US dollars, growing 17.73% year on year. Export volume of kitchen appliance industry was 1.768 billion US dollars, growing 8.86% year on year and the import volume was 0.111 billion US dollars, growing -4.46% year on year.

Compared with the foreign trade development of 2013, the growth of both range hood and gas appliance industries has slowed down in 2014. The total export volume of gas appliance industry was 4.074 billion US dollars in 2013, growing 9.82% year on year; and the import volume was 0.33 billion US dollars, growing 7.63% year on year. The total export volume of range hood industry in 2013 was 0.463 billion US dollars, growing 4.69% year on year; the import volume was 19 million US dollars, growing 25.29% year on year.

According to the comparison between the foreign trade development of 2013 and 2014, the growth of both exports and imports of range hood and gas appliance industries has slowed down, however, respectively with an increase with respect to the export and import volumes.


Mainly export to America and Import from Europe

According to the statistics, the gas appliance, range hood and kitchen appliance of China are mainly exported to America and imported from Europe.

The gas appliance industry: export volume to the U.S. was 1.412 billion US dollars, which accounted for 32.38% of the total export volume to all trading nations. Import volume from Italy was 67 million US dollars, which accounted for 23.86% of the total import volume from all trading nations. Import volume from German was 60 million US dollars, which accounted for 21.58% of the total import volume from all trading nations.

The range hood industry: export volume to the U.S. was 55 million US dollars, which accounted for 11.4% of the total export volume to all trading nations. Import volume from German was 9 million US dollars, which accounted for 43.51% of the total import volume from all trading nations.

The kitchen appliance industry: export volume to the U.S. was 0.833 billion US dollars, which accounted for 47.13% of the total export volume to all trading nations. Import volume from German was 76 million US dollars, which accounted for 68.13% of the total import volume from all trading nations.


Ever increasing market demands

According to the Customs’ statistics, China’s import volume of range hoods in 2014 was 22 million US dollars, growing 17.73% year on year; and import volume of gas water heaters was 6 million US dollars, growing 18.00% year on year. The kitchen appliance industry has been developing in China. With the rapider urbanization and the increase of refined decoration needs, the customers become increasingly fond of and eager for kitchen appliance products, gas appliances and range hoods. According to a market survey led by China Market Monitor Co., LTD, the retail sales volume of gas stoves in 2014 was 18 billion yuan, with a year-on-year growth of 7.4% and that of the range hoods was 29 billion yuan, with a year-on-year growth of 10.2%.


The main production areas have the biggest import and export needs

Guangdong, Jinagsu and Zhejiang, as the main production areas of gas appliance and range hood, also have the biggest import and export needs.

For gas appliance, the statistics of the National Bureau of Statistics showed that 80% of the household gas stoves in China were produced in Eastern China in January – December 2014. Over 99% of the national production volume of household gas stoves was contributed by Guangdong, Zhejiang, Jiangsu, Hunan and etc. The national production volume of household gas water heaters in January – December 2014 came from Guangdong, Shanghai, Jiangsu, Sichuan, Zhejiang and etc. Besides, according to the statistics of the Customs, the 2014 top three exporting regions of gas appliance in China were Guangdong, Zhejiang and Jiangsu. And Guangdong has showed obvious superiority: its export volume of gas appliance products was 2.697 billion US dollars, growing 9.14% year on year. And the leading exporting regions of China’s range hood industry in 2014 were Guangdong, Zhejiang, Shandong, Jiangsu and etc. Over 87% of the exported range hoods were produced in Guangdong and Zhejiang.


General trade is the major mode of import and export

China’s gas appliance, range hood and kitchen appliance industries mainly adopt general trade as the import and export mode. The gas appliance industry: export volume of general trade in 2014 was 3.26 billion US dollars, growing 7.5% year on year and accounting for 74.73% of that of all export modes; the import volume of general trade in 2014 was 0.217 billion US dollars, growing -8.97% year on year and accounting for 77.67% of that of all import modes.

The range hood industry: export volume of general trade in 2014 was 0.357 billion US dollars, growing 0.8% year on year and accounting for 74.34% of that of all export modes; the import volume of general trade in 2014 was 19 million US dollars, growing 50.57% year on year and accounting for 85.93% of that of all import modes.

The kitchen appliance industry: export volume of general trade in 2014 was 1.666 billion US dollars, growing 8.72% year on year and accounting for 94.25% of that of all export modes; the import volume of general trade in 2014 was 0.106 billion US dollars, accounting for 95.45% of that of all import modes.

Transformation of China’s foreign trades has been speeded up due to the following three factors: firstly, Europe and America attempt to marginalize China by reshaping the high-level international trade rules; secondly, the Industry 4.0 initialized by the developed countries will transform the global division pattern of the industry chain. China’s manufacture industry, as the basis of China’s foreign trades, will still wander on the low end; thirdly, foreign investments in China’s manufacture industry are decreased due to the stress of land, labor force, environment and other resources. The labor intensive industries have rapidly transferred to Southeast Asia. The strong growth of Southeast Asia’s foreign trades has decreased the international market shares originally seized by China’s foreign trade industry.
Living Kitchen
·Ideas
14-20 January 2019

 
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