
Turkey - Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters - Market Analysis, Forecast, Size, Trends and Insights
Electric Oven and Cooker Price in September 2022
Turkey Electric Oven And Cooker Export Price in September 2022
In September 2022, the electric oven and cooker price stood at $34.4 per unit (FOB, Turkey), leveling off at the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2022 an increase of 3.3% m-o-m. As a result, the export price attained the peak level of $35.7 per unit. From July 2022 to September 2022, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Spain ($48.4 per unit), while the average price for exports to Iraq ($26.8 per unit) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.
Turkey Electric Oven And Cooker Exports
In September 2022, approximately 2.9M units of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters were exported from Turkey; surging by 3.2% compared with the previous month. Overall, total exports indicated pronounced growth from January 2022 to September 2022: its volume increased at an average monthly rate of +2.8% over the last eight-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, exports increased by +51.2% against July 2022 indices. The pace of growth was the most pronounced in August 2022 with an increase of 47% month-to-month. The exports peaked at 3.3M units in March 2022; however, from April 2022 to September 2022, the exports failed to regain momentum.
In value terms, electric oven and cooker exports stood at $98M (IndexBox estimates) in September 2022. Over the period under review, total exports indicated a notable increase from January 2022 to September 2022: its value increased at an average monthly rate of +3.0% over the last eight-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, exports increased by +49.5% against July 2022 indices. The pace of growth was the most pronounced in August 2022 when exports increased by 45% against the previous month. Over the period under review, the exports hit record highs at 113M units in March 2022; however, from April 2022 to September 2022, the exports failed to regain momentum.
Turkey Electric Oven And Cooker Exports by Country
The UK (460K units), Russia (276K units) and Germany (220K units) were the main destinations of electric oven and cooker exports from Turkey, together comprising 33% of total exports. These countries were followed by France, Italy, Poland, Romania, Spain, Greece, Kazakhstan, Ukraine, Serbia and Iraq, which together accounted for a further 35%.
From January 2022 to September 2022, the biggest increases were in Kazakhstan (with a CAGR of +12.4%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the UK ($15M), Russia ($9.7M) and Germany ($8.8M) appeared to be the largest markets for electric oven and cooker exported from Turkey worldwide, with a combined 34% share of total exports. France, Italy, Spain, Poland, Greece, Romania, Kazakhstan, Ukraine, Serbia and Iraq lagged somewhat behind, together comprising a further 34%.
Among the main countries of destination, Kazakhstan, with a CAGR of +16.9%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the market for electric oven and cooker in Turkey. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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