Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Air-Conditioner Imports in Korea Up in July
Aug 5, 2004
 Printable format
 Email this Article
 Search

The number of air-conditioners imported into the country shot up 21 percent year-on-year in July to U.S.$9.54 million, the Korean government said.

The jump comes as domestic production is unable to meet demand caused by this summer's hot weather, the Korea Customs Service said.

A heat wave, the worst in a decade with temperatures that remain as high as 25-degrees Celsius at night, is causing people to rush to buy air-conditioners. Most stores that sell air-conditioners have reported they have sold out and are awaiting new shipments.

During the month, imports of fans were rose 10 percent from a year earlier to $24 million, the customs service also said.

"Imported air conditioners account for less than 1 percent of the market, but the unexpected heat wave has created a disruption in supply and demand, causing merchants to bring them into the country," a government official said. (Yonhap)

Back to Daily News

 

Daily News

...........................................................

Aug 22, 2014: Could Quirky Acquire GE Appliances?

Aug 22, 2014: Existing Home Sales Up in July

Aug 21, 2014: Miele Annual Sales Up 2.2%

Aug 21, 2014: TTI Reports Record Sales

Aug 21, 2014: Stihl Annual Cycling Event Raises $539,000 So Far in 2014

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows