U.S. - Domestic Electric Toasters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDomestic Toaster Price in the United States - 2023
Contents:
- Domestic Toaster Price in the United States (CIF) - 2023
- Domestic Toaster Price in the United States (FOB) - 2023
- Domestic Toaster Imports in the United States
- Domestic Toaster Exports in the United States
Domestic Toaster Price in the United States (CIF) - 2023
The average domestic toaster import price stood at $10.7 per unit in October 2023, growing by 8.7% against the previous month. In general, the import price, however, recorded a mild shrinkage. The import price peaked at $12.6 per unit in October 2022; however, from November 2022 to October 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From October 2022 to October 2023, the rate of growth in terms of prices for China amounted to -1.3% per month.
Domestic Toaster Price in the United States (FOB) - 2023
In October 2023, the average domestic toaster export price amounted to $31.7 per unit, increasing by 26% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +2.5%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Mexico ($36.7 per unit), while the average price for exports to Venezuela ($13.2 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.
Domestic Toaster Imports in the United States
After three years of growth, overseas purchases of domestic electric toasters decreased by -15.1% to 13M units in 2022. The total import volume increased at an average annual rate of +2.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 20%. Over the period under review, imports hit record highs at 16M units in 2021, and then reduced remarkably in the following year.
In value terms, domestic toaster imports contracted to $148M in 2022. The total import value increased at an average annual rate of +5.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 16%. Imports peaked at $166M in 2021, and then reduced in the following year.
| Import of Domestic Toaster in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 121 | 145 | 164 | 147 | 6.7% |
| Others | 5.9 | 1.7 | 2.9 | 0.8 | -48.6% |
| Total | 126 | 147 | 166 | 148 | 5.5% |
Top Suppliers of Domestic Toaster to the United States in 2022:
- China (13.3M units)
Domestic Toaster Exports in the United States
In 2022, exports of domestic electric toasters from the United States reduced to 345K units, with a decrease of -9.9% on the year before. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +8.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +27.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42%. As a result, the exports attained the peak of 383K units, and then fell in the following year.
In value terms, domestic toaster exports shrank to $8.8M in 2022. The total export value increased at an average annual rate of +9.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 37% against the previous year. As a result, the exports attained the peak of $9.5M, and then dropped in the following year.
| Export of Domestic Toaster in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 4.9 | 5.7 | 7.5 | 6.7 | 11.0% |
| Mexico | 0.6 | 0.3 | 0.8 | 0.7 | 5.3% |
| Equatorial Guinea | N/A | N/A | N/A | 0.2 | 0% |
| Dominican Republic | 0.2 | 0.1 | N/A | 0.2 | 0.0% |
| Colombia | N/A | N/A | N/A | 0.1 | 0% |
| Others | 0.9 | 0.9 | 1.1 | 0.9 | 0.0% |
| Total | 6.7 | 6.9 | 9.5 | 8.8 | 9.5% |
Top Export Markets for Domestic Toaster from the United States in 2022:
- Canada (244.0K units)
- Mexico (37.3K units)
- Dominican Republic (9.9K units)
- Equatorial Guinea (8.5K units)
- Colombia (6.5K units)
This report provides an in-depth analysis of the domestic toaster market in the U.S.. 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 27512450 - Domestic electric toasters (including toaster ovens for toasting bread, potatoes or other small items)
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
415
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In May 2023, the price of the Domestic Toaster was $10.4 per unit (CIF, US), showing a decline of -5.3% compared to the previous month.
82
During the review period, Hair Curler imports reached a peak of 3.8M units in May 2023 before stabilizing until December 2023. In terms of value, imports saw a significant decline to $32M by December 2023.
233
Hair Curler imports reached a record high of $46 million in May 2023.
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Electric heating radiator imports reached a staggering $2.6 million in June 2023.
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In terms of value, imports of Electric Heating Resistors decreased to $60M in July 2023.
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During the review period, Electric Hair Dryer imports reached a peak of 2.3M units in May 2023, but from June to December 2023, the number of imports decreased. In terms of value, Electric Hair Dryer imports dropped significantly to $21M in December 2023.
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In April 2023, the electric hair dryer price amounted to $15.2 per unit (CIF, US), declining by -5.9% against the previous month.
257
In February 2023, the price of a microwave oven was $75.9 (CIF, US) - an 11% increase compared to the previous month.
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In August 2022, the microwave oven price stood at $85 per unit (CIF, US), with a decrease of -7% against the previous month.
581
Despite global logistical tensions amid the sharp container shortage, the U.S. continues to boosts microwave oven imports. Last year, American purchases spiked by +16.3% to $1.6B, reaching the highest level ever. In the first seven months of 2021, American imports reached 12.9M units, exceeding last year’s 12.1M units over the same period. China dominates American imports, supplying 95% of the total volume. In 2020, Chinese shipments to the U.S. jumped by +29% y-o-y to 22M units, while Malaysia saw a 19%-decline in supplies. Chinese microwave ovens thus drive out Malaysian products from the American market.
