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China - Personal Weighing Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPersonal Weighing Machine Price in China - 2023
Contents:
- Personal Weighing Machine Price in China (FOB) - 2023
- Personal Weighing Machine Price in China (CIF) - 2022
- Personal Weighing Machine Exports in China
- Personal Weighing Machine Imports in China
Personal Weighing Machine Price in China (FOB) - 2023
In September 2023, the average personal weighing machine export price amounted to $5.4 per unit, approximately mirroring the previous month. In general, the export price, however, saw a pronounced setback. The growth pace was the most rapid in February 2023 an increase of 21% against the previous month. Over the period under review, the average export prices reached the peak figure at $7.8 per unit in March 2023; however, from April 2023 to September 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Malaysia ($7.5 per unit), while the average price for exports to Brazil ($2.0 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 Italy (+0.9%), while the prices for the other major destinations experienced more modest paces of growth.
Personal Weighing Machine Price in China (CIF) - 2022
The average personal weighing machine import price stood at $22 per unit in 2022, which is down by -47.5% against the previous year. Over the period under review, the import price, however, posted a modest increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 226% against the previous year. The import price peaked at $64 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($111 per unit), while the price for Australia ($5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+21.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Personal Weighing Machine Exports in China
In 2022, after three years of growth, there was significant decline in overseas shipments of personal weighing machines, when their volume decreased by -31.7% to 146M units. Overall, total exports indicated a tangible increase from 2019 to 2022: its volume increased at an average annual rate of +2.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 37%. The exports peaked at 213M units in 2021, and then dropped sharply in the following year.
In value terms, personal weighing machine exports declined sharply to $935M in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +11.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 69% against the previous year. The exports peaked at $1.3B in 2021, and then reduced dramatically in the following year.
Export of Personal Weighing Machine in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 143 | 292 | 319 | 227 | 16.7% |
Germany | 51.0 | 70.0 | 90.2 | 56.0 | 3.2% |
United Kingdom | 31.3 | 67.0 | 67.0 | 39.2 | 7.8% |
Japan | 26.2 | 38.6 | 43.4 | 36.4 | 11.6% |
India | 22.1 | 25.9 | 37.1 | 27.5 | 7.6% |
South Korea | 25.6 | 42.1 | 39.1 | 24.1 | -2.0% |
Netherlands | 20.3 | 20.4 | 32.7 | 23.7 | 5.3% |
Indonesia | 15.4 | 30.6 | 29.6 | 23.7 | 15.5% |
Russia | 20.3 | 29.0 | 47.8 | 21.8 | 2.4% |
United Arab Emirates | 7.0 | 14.8 | 21.9 | 19.0 | 39.5% |
Brazil | 15.5 | 23.4 | 31.9 | 17.6 | 4.3% |
France | 20.3 | 23.2 | 27.3 | 15.2 | -9.2% |
Spain | 11.5 | 14.5 | 19.7 | 13.8 | 6.3% |
Others | 262 | 441 | 525 | 390 | 14.2% |
Total | 672 | 1,133 | 1,332 | 935 | 11.6% |
Top Export Markets for Personal Weighing Machine from China in 2022:
- United States (26.0M units)
- Germany (8.6M units)
- India (6.9M units)
- Russia (5.7M units)
- Japan (5.5M units)
- Brazil (5.1M units)
- Netherlands (4.8M units)
- Indonesia (4.5M units)
- United Kingdom (4.3M units)
- Spain (3.8M units)
- South Korea (3.6M units)
- United Arab Emirates (3.1M units)
- France (2.9M units)
Personal Weighing Machine Imports in China
After two years of decline, overseas purchases of personal weighing machines increased by 95% to 54K units in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +9.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, personal weighing machine imports rose slightly to $1.2M in 2022. Overall, imports, however, continue to indicate a deep slump. Imports peaked at $1.8M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Personal Weighing Machine in China (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 476 | 267 | 163 | 267 | -17.5% |
Germany | 191 | 144 | 148 | 266 | 11.7% |
Japan | 259 | 356 | 175 | 202 | -8.0% |
Australia | N/A | N/A | 0.1 | 4.6 | 4500.0% |
Hong Kong SAR | 59.2 | N/A | N/A | N/A | 0% |
United Arab Emirates | 746 | N/A | N/A | N/A | 0% |
Others | 81.2 | 729 | 693 | 469 | 79.4% |
Total | 1,812 | 1,496 | 1,180 | 1,209 | -12.6% |
Top Suppliers of Personal Weighing Machine to China in 2022:
- Japan (28.5K units)
- South Korea (3.5K units)
- Germany (2.4K units)
- Australia (0.9K units)
This report provides an in-depth analysis of the personal weighing 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 28293200 - Personal weighing machines, including baby scales, h ousehold scales
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
-
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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The exports of Personal Weighing Machines peaked at 210M units in 2021, but remained lower from 2022 to 2023. In value terms, exports totaled $936M in 2023.
In 2021, Personal Weighing Machine exports peaked at 210M units, but from 2022 to 2023, they failed to regain momentum. In 2023, the exports were valued at $936M.
In September 2022, the personal weighing machine price amounted to $7.0 per unit (FOB, China), growing by 6.1% against the previous month.
Discover the latest trends in the personal weighing machines market with projected growth in market volume and value over the next seven years.
The exports of Personal Weighing Machines peaked at 210M units in 2021, but remained lower from 2022 to 2023. In value terms, exports totaled $936M in 2023.
In 2021, Personal Weighing Machine exports peaked at 210M units, but from 2022 to 2023, they failed to regain momentum. In 2023, the exports were valued at $936M.
In September 2022, the personal weighing machine price amounted to $7.0 per unit (FOB, China), growing by 6.1% against the previous month.
Discover the latest trends in the personal weighing machines market with projected growth in market volume and value over the next seven years.