For Southeast Asian exporters in the electric kettle industry, 2025 presented a bewildering contradiction. Our platform (Alibaba.com) data reveals that the total trade value for this category experienced a significant 12.85% year-over-year decline [1]. At first glance, this suggests a contracting market. However, a deeper dive into buyer behavior metrics tells a radically different story. The AB rate, a key indicator of active buyer engagement, showed explosive growth, peaking at a staggering 224% year-over-year increase in June 2025 [1]. This creates a stark paradox: more buyers than ever are searching, viewing, and inquiring about electric kettles, yet fewer transactions are being completed.
This 'high-traffic, low-conversion' phenomenon is further amplified by the market structure. The supply-demand ratio has remained consistently high, ranging between 22 and 33 throughout the year [1]. This means for every single active buyer, there are dozens of suppliers vying for their attention. In such a saturated environment, price competition becomes fierce, often leading to a race to the bottom that erodes profit margins and, critically, compromises on product quality and safety—key factors that deter serious international buyers.

