Development Of Household Appliances In The First Quarter

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Due to the combined effect of multiple factors in the first quarter of 2011, the home appliance industry has maintained a good momentum of development. The prosperity Index continues to rise and hit a new high since 2004. The warning index continues to run in the normal range. Data show that the industry as a whole is turning well. The external promotion and endogenous growth will continue to give a strong support for the formation of the industry.

The cumulative sales of domestic air conditioning from January-February in 2011 are 16,942,000 units, up 46.8%. In the January of this year, the export of air conditioning grew significantly, a growth of 57.47 percent, mainly due to the prolonged hot weather in South America. The cumulative sales of refrigerator are11,437,100 units, an increase of 8.38%; exports fell 12.9% and domestic sales increased by 15.27%. Refrigerators depend mainly on the domestic market. The domestic sales remained stable overall. The export growth has slowed down. The cumulative sales of washing machines are 9,236,200units, up 26.26%; exports and domestic sales increased by 14.89% and 31.01% respectively. Washing machines, compared with other products, are less affected by seasonal factors. Its total sales grow steadily.

White appliances industry is significantly upgraded. In 2010, the White appliances with frequency conversion technology became the star products, accounting for nearly a quarter of the air conditioner market share. This year, the frequency of the washing machines has started, driving a new round of upgrading of inverter technology related products.

The sales of kitchen appliances also declined. From January-February in 2011, the cumulative sales of kitchen appliances are 9,241,000 units, down 18.08%. Exports and domestic sales decreased by 8.69% and 1.79% respectively. It is expected that in 2011 the market will maintain steady growth, but the growth rate will slow down.

Although the sales of LCD TV had a growth, but the growth slowed. From January-February in 2011, the cumulative sales of LCD TV are 13.37 million sets, an increase of 10.94%. Exports grew 22.13%, but domestic sales increased only 2.47%.

Experts of the industry point out that due to the combined effect of multiple factors in the first quarter of 2011, the home appliance industry has maintained a good momentum of development. The prosperity Index continues to rise and hit a new high since 2004. The warning index continues to run in the normal range. Data show that the industry as a whole is turning well. The external promotion and endogenous growth will continue to give a strong support for the formation of the industry.


About the Author:
I am Amanda Xia from chinahomeappliances.com.
http://www. chinahomeappliances.com/ contain a great deal of information about home appliance components , cordless vaccum cleaners , air conditioner motor, and more.



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