Germany - Microwave Ovens - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Germany - Microwave Ovens - Market Analysis, Forecast, Size, Trends and Insights

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Microwave Oven Price in Germany - 2023

Contents:

  1. Microwave Oven Price in Germany (CIF) - 2023
  2. Microwave Oven Price in Germany (FOB) - 2023
  3. Microwave Oven Imports in Germany
  4. Microwave Oven Exports in Germany

Microwave Oven Price in Germany (CIF) - 2023

The average microwave oven import price stood at $99.8 per unit in August 2023, reducing by -1.8% against the previous month. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in December 2022 an increase of 31% month-to-month. As a result, import price reached the peak level of $132 per unit. From January 2023 to August 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($292 per unit), while the price for the United States ($39.0 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Poland (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Microwave Oven Price in Germany (FOB) - 2023

The average microwave oven export price stood at $169 per unit in August 2023, rising by 8.7% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in May 2023 an increase of 17% against the previous month. As a result, the export price attained the peak level of $182 per unit. From June 2023 to August 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the UK ($258 per unit), while the average price for exports to the Netherlands ($109 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Microwave Oven Imports in Germany

In 2022, the amount of microwave ovens imported into Germany surged to 3.9M units, jumping by 46% compared with 2021 figures. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +11.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, microwave oven imports shrank to $261M in 2022. The total import value increased at an average annual rate of +9.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 28%. As a result, imports attained the peak of $275M, and then declined in the following year.

Import of Microwave Oven in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1221121581548.1%
United Kingdom49.448.957.953.32.6%
Poland3.09.716.313.765.9%
Netherlands0.717.616.612.8163.5%
Italy5.76.94.86.22.8%
Malaysia5.83.34.52.9-20.6%
Others11.615.616.617.514.7%
Total1982142752619.6%

Top Suppliers of Microwave Oven to Germany in 2022:

  1. China (2714.8K units)
  2. United Kingdom (350.5K units)
  3. Netherlands (335.7K units)
  4. Poland (185.7K units)
  5. Italy (81.8K units)
  6. Malaysia (73.1K units)

Microwave Oven Exports in Germany

Microwave oven exports from Germany skyrocketed to 1.6M units in 2022, growing by 41% against the year before. In general, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +16.5% 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 +66.5% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, microwave oven exports contracted to $147M in 2022. The total export value increased at an average annual rate of +4.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 24%. As a result, the exports reached the peak of $171M, and then contracted in the following year.

Export of Microwave Oven in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France16.020.126.516.51.0%
Poland9.710.612.815.115.9%
Austria13.113.115.814.73.9%
Sweden13.311.613.411.8-3.9%
Netherlands7.612.414.210.812.4%
Belgium7.89.912.09.98.3%
Spain6.17.29.99.515.9%
Italy7.55.48.58.43.8%
Turkey0.91.51.36.492.3%
Switzerland3.63.44.34.14.4%
Russia11.013.017.04.1-28.0%
Czech Republic2.53.55.23.916.0%
Denmark2.02.43.82.710.5%
Others26.724.226.829.43.3%
Total1281381711474.7%

Top Export Markets for Microwave Oven from Germany in 2022:

  1. France (217.5K units)
  2. Austria (164.7K units)
  3. Netherlands (145.7K units)
  4. Poland (137.2K units)
  5. Italy (111.4K units)
  6. Sweden (106.9K units)
  7. Belgium (105.4K units)
  8. Spain (83.1K units)
  9. Czech Republic (50.5K units)
  10. Turkey (47.0K units)
  11. Russia (42.1K units)
  12. Switzerland (40.0K units)
  13. Denmark (37.8K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the microwave oven market in Germany. 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 27512700 - Domestic microwave ovens

Country coverage:

  • Germany

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Germany
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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