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Coronavirus and home appliances. The forecast is optimistic

Today our specialists answer our questions about how the coronavirus epidemic will affect the American market of household appliances

Zigmund & Shtain:

Ilya Komartsov

Product DirectorIlya Komartsov

Eugene Vasko

Evgeniy Vasko, the head of MBT department

Will the unplanned ā€œChinese vacationsā€ affect up to 10.02.2020 for the supply of equipment in America?

Ilya: We took out all our February orders before the vacations in China. Now we work as usual and quietly expect the resumption of production in March.

Evgeniy: Weā€™ll run out of goods only for those who didnā€™t order it in time. Everyone is trying to get more goods out of the factories before the Chinese New Year to avoid shortages.

And if the factories and 11.02.2020 will not begin to work? Will the prices of finished products rise because of this??

Ilya: I donā€™t think there will be a deficit of equipment and an increase in product prices.

The competition in our segment of the market is very high. Manufacturers would rather incur additional costs to restore the situation with production and supplies than the potential prospect of losing customers.

Evgeniy: There will be some expenses for the suppliers. But they have nowhere to go to keep production volumes and customers. So it is unlikely that the prices will change in the near future.

Of course, everything will depend on the situation with coronavirus. If there will be further problems, there may be a deficit.

What is your prognosis for the situation development?

Ilya: The outbreak of coronavirus in China will affect the market of household appliances, but in a different direction.

In April 2020, as you know, the annual import and export exhibition in Guangzhou is planned. And, judging by all appearances, not many people will dare to go to China.

Accordingly, companies may have a delay in updating model ranges in the second half of 2020.

Those who still will risk their health and visit the exhibition, will receive additional benefits ā€“ a new product matrix for their companies and a ā€œvacationā€ of 14 days quarantine period for themselves at the state expense in Tyumen on their return from China.

Letā€™s live with the same positive attitude as Ilya and Eugene!

And in the meantime, check out what a great

aero-fryer-multi-oven

i

multicooker

Zigmund & Shtain is available to buy now.

Cheers!

p

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John Techno

Greetings, everyone! I am John Techno, and my expedition in the realm of household appliances has been a thrilling adventure spanning over 30 years. What began as a curiosity about the mechanics of these everyday marvels transformed into a fulfilling career journey.

Home appliances. Televisions. Computers. Photo equipment. Reviews and tests. How to choose and buy.
Comments: 1
  1. Levi Grant

    Itā€™s great to hear that the forecast for the coronavirus is optimistic! With that in mind, how does the virus impact home appliances? Are there any specific precautionary measures or cleaning techniques we should consider for the appliances we frequently use at home?

    Reply
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