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China - Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: May 28, 2023

China's Electric Oven and Cooker Export Rises Dramatically to $738M in March 2023

China Electric Oven And Cooker Exports

In March 2023, approximately 26M units of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters were exported from China; rising by 97% on the month before. The total export volume increased at an average monthly rate of +2.2% from March 2022 to March 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, electric oven and cooker exports skyrocketed to $738M (IndexBox estimates) in March 2023. The total export value increased at an average monthly rate of +2.4% from March 2022 to March 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

COUNTRY	Export Value of Electric Oven And Cooker in China (million USD)
COUNTRY	Mar 2022	Apr 2022	May 2022	Jun 2022	Jul 2022	Aug 2022	Sep 2022	Oct 2022	Nov 2022	Dec 2022	Jan 2023	Feb 2023	Mar 2023
United States	149	144	121	136	158	194	153	143	130	110	122	59.2	136
United Kingdom	16.7	22.6	25.2	21.2	25.3	22.6	34.1	52.4	54.9	41.0	57.5	27.9	58.2
Russia	8.6	11.1	11.9	11.6	21.3	26.9	27.1	24.7	25.0	18.9	24.1	20.0	34.2
Vietnam	25.6	37.5	39.5	30.6	32.9	41.6	42.7	44.0	39.9	31.8	13.5	27.9	34.0
Thailand	17.2	23.3	21.1	19.8	20.2	20.1	22.6	24.0	26.1	27.5	25.5	13.6	29.7
Malaysia	13.7	15.0	13.1	16.1	16.9	16.3	18.1	17.1	17.4	19.3	17.0	10.0	29.4
Japan	28.9	29.1	31.5	27.8	33.3	27.3	30.6	28.9	36.5	30.5	31.3	23.3	29.1
Netherlands	19.7	28.4	22.0	18.4	21.0	19.7	24.0	20.2	19.6	14.6	21.8	10.0	28.1
Turkey	1.8	4.6	5.6	5.6	5.7	5.1	4.6	8.3	10.2	19.0	27.3	12.0	26.6
Germany	22.7	22.2	16.1	18.4	22.0	23.7	19.7	16.8	17.7	12.7	23.9	15.1	24.1
Philippines	12.5	18.8	21.5	15.6	17.7	17.8	24.5	15.5	16.5	18.2	17.1	7.3	18.9
Brazil	10.6	8.2	8.4	10.4	16.2	26.2	21.6	23.5	18.8	15.7	24.5	9.6	18.6
Indonesia	9.1	8.7	14.5	12.6	13.3	9.8	12.3	10.1	11.2	7.8	9.8	6.8	13.0
Others	216	247	236	223	249	226	244	204	221	219	247	130	258
Total	552	621	588	567	653	677	680	632	645	586	662	373	738

Exports by Country

The United States (3.9M units) was the main destination for electric oven and cooker exports from China, with a 15% share of total exports. Moreover, electric oven and cooker exports to the United States exceeded the volume sent to the second major destination, the UK (1.6M units), twofold. The third position in this ranking was taken by Thailand (1.5M units), with a 5.9% share.

From March 2022 to March 2023, the average monthly rate of growth in terms of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average monthly rates of exports growth: the UK (+11.2% per month) and Thailand (+4.8% per month).

In value terms, the United States ($136M) remains the key foreign market for electric oven and cooker exports from China, comprising 18% of total exports. The second position in the ranking was held by the UK ($58M), with a 7.9% share of total exports. It was followed by Russia, with a 4.6% share.

From March 2022 to March 2023, the average monthly rate of growth in terms of value to the United States was relatively modest. Exports to the other major destinations recorded the following average monthly rates of exports growth: the UK (+11.0% per month) and Russia (+12.2% per month).

Export Prices by Country

In March 2023, the electric oven and cooker price stood at $28.3 per unit (FOB, China), approximately equating the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 an increase of 9.2% against the previous month. Over the period under review, the average export prices hit record highs in March 2023.

There were significant differences in the average prices for the major overseas markets. In March 2023, the country with the highest price was Turkey ($37.4 per unit), while the average price for exports to Indonesia ($17.2 per unit) was amongst the lowest.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for electric oven and cooker in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 27512810 - Domestic electric cookers with at least an oven and a hob (including combined gas-electric appliances)
Prodcom 27512830 - Electric cooking plates, boiling rings and hobs for domestic use
Prodcom 27512850 - Domestic electric grills and roasters
Prodcom 27512870 - Domestic electric ovens for building-in
Prodcom 27512890 - Domestic electric ovens (excluding those for building-in, m icrowave ovens)

Country coverage:

China

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in China
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023

China - Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters - Market Analysis, Forecast, Size, Trends and Insights

China's Electric Oven and Cooker Export Rises Dramatically to $738M in March 2023

China Electric Oven And Cooker Exports

Exports by Country

Export Prices by Country

Product coverage:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

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