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China - Domestic Electric Coffee Or Tea Makers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDomestic Coffee Machine Price in China - 2023
Contents:
- Domestic Coffee Machine Price in China (FOB) - 2023
- Domestic Coffee Machine Price in China (CIF) - 2023
- Domestic Coffee Machine Exports in China
- Domestic Coffee Machine Imports in China
Domestic Coffee Machine Price in China (FOB) - 2023
The average domestic coffee machine export price stood at $21.4 per unit in September 2023, waning by -7.4% against the previous month. Overall, the export price showed a perceptible slump. The most prominent rate of growth was recorded in February 2023 an increase of 27% m-o-m. Over the period under review, the average export prices reached the maximum at $27.8 per unit in September 2022; however, from October 2022 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Italy ($48.1 per unit), while the average price for exports to India ($9.0 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.
Domestic Coffee Machine Price in China (CIF) - 2023
The average domestic coffee machine import price stood at $201 per unit in September 2023, picking up by 43% against the previous month. In general, import price indicated a moderate increase from September 2022 to September 2023: its price increased at an average monthly rate of +3.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, domestic coffee machine import price increased by +43.5% against August 2023 indices. Over the period under review, average import prices reached the peak figure at $224 per unit in May 2023; however, from June 2023 to September 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($694 per unit), while the price for Ukraine ($44.1 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Switzerland (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Domestic Coffee Machine Exports in China
In 2022, shipments abroad of domestic electric coffee or tea makers decreased by -9% to 93M units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 9.9% against the previous year. As a result, the exports reached the peak of 102M units, and then declined in the following year.
In value terms, domestic coffee machine exports declined modestly to $2.4B in 2022. The total export value increased at an average annual rate of +9.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 28% against the previous year. As a result, the exports reached the peak of $2.5B, and then contracted modestly in the following year.
Export of Domestic Coffee Machine in China (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 696 | 675 | 737 | 729 | 1.6% |
Germany | 200 | 211 | 312 | 252 | 8.0% |
Italy | 109 | 104 | 153 | 126 | 4.9% |
Canada | 78.2 | 82.0 | 97.8 | 86.3 | 3.3% |
Japan | 67.6 | 59.8 | 73.5 | 77.6 | 4.7% |
Brazil | 46.6 | 45.1 | 57.1 | 74.9 | 17.1% |
United Arab Emirates | 21.1 | 30.7 | 48.8 | 66.4 | 46.5% |
France | 57.9 | 54.8 | 66.0 | 58.3 | 0.2% |
United Kingdom | 62.0 | 72.4 | 72.3 | 53.8 | -4.6% |
Philippines | 6.1 | 9.6 | 25.0 | 43.5 | 92.5% |
Russia | 17.3 | 26.0 | 32.6 | 39.1 | 31.2% |
Netherlands | 57.2 | 30.5 | 40.9 | 38.0 | -12.7% |
Mexico | 22.3 | 18.9 | 26.1 | 30.0 | 10.4% |
Others | 429 | 519 | 738 | 744 | 20.1% |
Total | 1,870 | 1,939 | 2,479 | 2,419 | 9.0% |
Top Export Markets for Domestic Coffee Machine from China in 2022:
- United States (26.8M units)
- Germany (5.6M units)
- Brazil (3.5M units)
- Italy (2.5M units)
- United Arab Emirates (2.5M units)
- France (2.5M units)
- Japan (2.5M units)
- Canada (2.4M units)
- Mexico (2.2M units)
- Netherlands (2.0M units)
- Russia (1.8M units)
- Philippines (1.7M units)
- United Kingdom (1.4M units)
Domestic Coffee Machine Imports in China
In 2022, purchases abroad of domestic electric coffee or tea makers decreased by -16.2% to 832K units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 92%. Imports peaked at 993K units in 2021, and then dropped sharply in the following year.
In value terms, domestic coffee machine imports dropped slightly to $122M in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 65% against the previous year. Imports peaked at $128M in 2021, and then dropped in the following year.
Import of Domestic Coffee Machine in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Romania | 18.1 | 29.9 | 54.3 | 45.3 | 35.8% |
Italy | 10.7 | 17.8 | 26.1 | 33.9 | 46.9% |
Ukraine | 3.5 | 11.3 | 11.5 | 12.7 | 53.7% |
Switzerland | 3.0 | 4.6 | 5.6 | 8.7 | 42.6% |
France | 0.7 | 3.5 | 3.5 | 2.8 | 58.7% |
Hungary | 0.7 | 0.1 | 5.2 | 2.1 | 44.2% |
Indonesia | 1.2 | 5.7 | 4.6 | 0.7 | -16.4% |
Others | 13.9 | 12.6 | 16.9 | 16.1 | 5.0% |
Total | 51.9 | 85.5 | 128 | 122 | 33.0% |
Top Suppliers of Domestic Coffee Machine to China in 2022:
- Ukraine (298.6K units)
- Romania (217.1K units)
- Italy (105.3K units)
- Switzerland (101.1K units)
- Hungary (20.9K units)
- France (18.5K units)
- Indonesia (17.0K units)
This report provides an in-depth analysis of the domestic coffee machine market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27512430 - Domestic electric coffee or tea makers (including percolators)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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During the reviewed period, exports of Domestic Coffee Machines peaked at 9.6M units in September 2023. However, from October to December 2023, the exports remained at a slightly lower level. In terms of value, domestic coffee machine exports rose significantly to $188M in December 2023.
In February 2023, the cost of a domestic coffee machine in China was $27.0, a 26% increase month-on-month (FOB)
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Microwave Oven exports declined to $287M in June 2023 in terms of value.
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In value terms, domestic toaster exports skyrocketed to $79M in March 2023.