Click on the blue word above, pay attention to us Image from Visual China 2025 exports face a challenging year, the whole year or low speed and steady operation, but the expectations are cautious
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A challenging year for exports in 2025, or low and steady throughout the year, but expectations are cautious
Author Qin Min
China’s home appliance exports hit a new high in 2024. Recently, the China Chamber of Commerce for Electrical and Mechanical Equipment released the 2024 Chinese home appliances white goods exports annual report shows that in 2024 I home appliances white goods exports of 128.64 billion U.S. dollars, an increase of 14 8, more than 100 billion U.S. dollars for the fourth consecutive year.
China Chamber of Commerce for the Import and Export of Machinery and Electronic Products Household Electrical Appliances Branch Secretary General Zhou Nan analyzed to Caixin, the twelfth five thirteenth five-year period, China’s home appliance export value of the compound growth rate of about 6 7, and now the growth rate of 14 8 has been very considerable. He pointed out that home appliances themselves are durable goods, and China’s home appliance exports are hundreds of billions of dollars in scale of the industry, an increase of nearly 15 is equivalent to an increase of one or two billion U.S. dollars in exports, the results are very bright.
Large appliances become the largest growth engine for home appliance exports in 2024. China Chamber of Commerce for Electrical and Mechanical Equipment monitors 37 kinds of key home appliances, its data show that in 2024, air conditioners, refrigerators and freezers export volume are nearly four years high. Among them, the annual export volume of air conditioners 85 million units, up 28 3, the growth rate of single-digit growth in recent years significantly higher annual export volume of refrigerators 60.48 million units, up 17 9, compared with the growth rate in 2023 slowed down annual export volume of cabinets 26.3 million units, up 23 4, the growth rate of a significant increase in the annual export volume of 32.85 million units of washing machines, an increase of 14 2, but the growth rate of the same period than 2023 slowed down. The same period has slowed down.
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