In Malaysia, home appliance prices are on the rise due to increased manufacturing and shipping costs. Consumers can expect to pay more for refrigerators, washing machines, and other appliances.
Factors that may affect the price of rice cookers in the future.
-Inflation: Inflation is a general increase in the prices of goods and services over time, and it can affect the price of rice cookers. If there is high inflation in 2023, it is likely that the price of rice cookers will increase as well
-Production costs: The production cost of rice cookers, including raw materials, labor, and energy, can impact the price of the product. If the cost of production increases, the price of rice cookers may increase as well.
-Competition: The level of competition in the market can also affect the price of rice cookers. If there are many manufacturers producing rice cookers, it is likely that the price will be more competitive.
-Technological advances: Technological advancements in the manufacturing of rice cookers can lead to improved efficiency and lower production costs, which may result in a decrease in the price of rice cookers.
Let's check it out how much the brands has increase the prices for the rice cooker in Malaysia.
Tefal Xpress Fuzzy Logic Rice Cooker (1.5L)/ Periuk Nasi (RK5221)
2023 : RM549.00
Increase 37.5% , RM150
Philips Daily Collection Jar Rice Cooker HD3119/60
2023 : RM159.00
Increase 50% , RM53
Tefal Fuzzy Logic Rice cooker (1.8L/10 Cups)/ Periuk Nasi (RK7321)
2023 : RM339.00
Increase 13.4% , RM40
PANASONIC SR-RN188 Rice Cooker 1.8L Non Stick SR-RN188SSL
2023 : RM195.00
Increase 5% , RM10