China’s local home appliance retail sales down 11.3% in 2020

Wednesday, 03 March 2021 11:50:38 (GMT+3)   |   Shanghai
       

China’s local home appliance retail sales amounted to RMB 705.6 billion ($109 billion) in 2020, down 11.3 percent year on year, according to the data issued by All View Cloud (AVC), a big data integrated solution provider in China focused on the smart home sector. In particular, air conditioner sales declined by 21.9 percent, color TV sales decreased by 11.7 percent, sales of kitchen household appliances and washing machines were down by 7.7 percent and 6.2 percent, respectively, all year on year. However, sales of dishwashers, micro steaming and baking machines, vacuum cleaners, electric heaters and intelligent toilets saw year-on-year rises. For instance, dishwasher and micro steaming and baking machine sales indicated year-on-year rises of 25.3 percent and 45.4 percent in the given year.

In 2020, China exported 3.39 billion units of home appliances, up 14.2 percent amid the effective control of Covid-19 in China, the negative impact of Covid-19 in overseas markets and China’s orderly home appliance supply chain.


Similar articles

China's steel exports almost hit 10 million mt in Mar, highest since July 2016

15 Apr | Steel News

China’s coal imports increase by 13.9 percent in Q1

15 Apr | Steel News

China’s iron ore imports increase by 5.5 percent in Q1

15 Apr | Steel News

China’s stainless steel exports up 9.32 percent in Jan-Feb

01 Apr | Steel News

China’s coke exports up 20.5 percent in January-February

20 Mar | Steel News

China’s steel bar exports total 1.63 million mt in Jan-Feb, down 6.6%

19 Mar | Steel News

China’s steel sheet and plate exports up 49.7 percent in Jan-Feb

19 Mar | Steel News

China’s iron ore imports up 8.1 percent in Jan-Feb

08 Mar | Steel News

China's steel exports increase by 32.6 percent in January-February

07 Mar | Steel News

Value-added industrial output of China’s machinery industry up 8.7% in 2023

28 Feb | Steel News