Posted on 22 Apr 2024
Production of the four major home appliances in China - air-conditioners, washing machines, televisions and refrigerators - all rose on-year during January-March, according to new data released by the country's National Bureau of Statistics (NBS).
In the first quarter, China's production of air-conditioners ranked top among the four appliances in terms of both volume and on-year increase, with the production volume of 68.78 million units being up by 16.5% compared to the same period last year, according to the NBS data.
Regarding exports, air-conditioners, washing machines and refrigerators all posted on-year growth in export volume in Q1, with refrigerators logging the highest on-year rise of 34.4%, while the export volume of televisions saw a slight on-year decline of 1.7%, data released by China's General Administration of Customs (GACC) showed.
Product | Mar | Jan-Mar | ||||||
Output | YoY | Exports | YoY | Output | YoY | Exports | YoY | |
Air-conditioners | 30.83 | 13.2% | 6.68 | 1.7% | 68.78 | 16.5% | 18.64 | 11.2% |
Televisions | 17.92 | -3% | 8.27 | -6% | 43.34 | 0.2% | 22.42 | -1.7% |
Washing Machines | 9.32 | 5.9% | 2.77 | 14.3% | 25.6 | 13.8% | 8.08 | 30% |
Refrigerators | 9.93 | 13.2% | 6.47 | 23.1% | 23.62 | 12.8% | 17.79 | 34.4% |
Unit: million units
Source: NBS, GACC
Source:Mysteel Global
