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Well Start In The Third Quarter Refrigerator

  • Categories:NEWS
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  • Time of issue:2020-09-04 16:20
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(Summary description)Production and sales increased greatly in July, refrigerators and freezers started well in the third quarter

Well Start In The Third Quarter Refrigerator

(Summary description)Production and sales increased greatly in July, refrigerators and freezers started well in the third quarter

  • Categories:NEWS
  • Author:
  • Origin:
  • Time of issue:2020-09-04 16:20
  • Views:
Information

Production - orders surged. In July, 11.466 million refrigerators and freezers were produced, which is 31.3% more than last year. After the sharp decline during the epidemic period and the recovery in the second quarter, at the beginning of the third quarter,

          the number of additional orders that  in the refrigerator industry increased sharply, most of them were export orders. Some companies' orders have been fully filled to the fourth quarter, even the previous off-season maintenance plan has been postponed, and a few enterprises are still faced with the situation of insufficient manpower and difficult recruitment.

 

 Domestic sales -- better than the retail terminal.

      In July, the domestic sales of refrigerators and freezers were 4.663 million, 15.2% better than last year . From the terminal point of view, after the "6.18" centralized promotion stimulation, the market fell slightly, especially after the offline market overdraft. However, from the perspective of domestic sales, the situation is slightly better than that of terminal sales. 

 

Export - against the trend, the refrigerator industry has gradually entered the export off-season in the past three quarters, but this year there has been a sharp increase against the trend. In July, a total of 6.697 million refrigerators and freezers were exported, with a year-on-year increase of 36.5%. This was not only the peak export volume in a single month this year, but also the highest export volume in July in the past five years.

 

The main reasons for the sharp rise in the export of refrigerators and freezers are as follows:

      China's own industrial chain is perfect, and the recovery of production capacity is good after the epidemic. Many enterprises have been able to produce at full capacity, while the situation of enterprises in most other countries is still not optimistic.

 

       With the improvement of the epidemic situation in some overseas regions, the demand for fresh food and transportation has gradually recovered, and the demand for stored food has rebounded; 

       In the global economic downturn, consumers prefer products with low prices but high quality; China's refrigerators and freezers are mainly exported at the middle and low end, meeting the current market demand. The superposition of various factors has promoted consumption growth.

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