Czech Republic - Microwave Ovens - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMicrowave Oven Price in the Czech Republic - 2023
Contents:
- Microwave Oven Price in the Czech Republic (CIF) - 2023
- Microwave Oven Price in the Czech Republic (FOB) - 2023
- Microwave Oven Imports in the Czech Republic
- Microwave Oven Exports in the Czech Republic
Microwave Oven Price in the Czech Republic (CIF) - 2023
In August 2023, the average microwave oven import price amounted to $79.5 per unit, with a decrease of -14% against the previous month. Over the period under review, the import price recorded a mild descent. The growth pace was the most rapid in November 2022 when the average import price increased by 13% against the previous month. As a result, import price attained the peak level of $104 per unit. From December 2022 to August 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($218 per unit), while the price for China ($62.4 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 Germany (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Microwave Oven Price in the Czech Republic (FOB) - 2023
The average microwave oven export price stood at $90.8 per unit in August 2023, reducing by -11.4% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in June 2023 when the average export price increased by 19% month-to-month. As a result, the export price reached the peak level of $115 per unit. From July 2023 to August 2023, the the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major export markets. In August 2023, the countries with the highest prices were Slovakia ($93.9 per unit) and Germany ($89.3 per unit), while the average price for exports to Poland ($66.3 per unit) and Croatia ($74.0 per unit) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.
Microwave Oven Imports in the Czech Republic
In 2022, approx. 665K units of microwave ovens were imported into the Czech Republic; with an increase of 39% against 2021 figures. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +6.7% 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 +51.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, microwave oven imports dropped to $39M in 2022. The total import value increased at an average annual rate of +10.9% 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 2020 when imports increased by 24% against the previous year. Imports peaked at $43M in 2021, and then fell in the following year.
| Import of Microwave Oven in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 18.9 | 14.6 | 17.9 | 17.4 | -2.7% |
| Slovakia | 2.1 | 5.4 | 6.8 | 6.5 | 45.7% |
| Poland | 1.1 | 4.3 | 5.3 | 4.2 | 56.3% |
| Germany | 1.1 | 4.1 | 5.4 | 4.1 | 55.0% |
| United Kingdom | 1.1 | 1.3 | 2.2 | 2.3 | 27.9% |
| Slovenia | N/A | 1.2 | 0.8 | 1.5 | 11.8% |
| Netherlands | N/A | 1.0 | 1.2 | 1.3 | 14.0% |
| Malaysia | 1.3 | 0.6 | 0.2 | 0.1 | -57.5% |
| Others | 3.2 | 3.3 | 3.1 | 1.9 | -16.0% |
| Total | 28.8 | 35.8 | 43.0 | 39.3 | 10.9% |
Top Suppliers of Microwave Oven to the Czech Republic in 2022:
- China (393.6K units)
- Slovakia (68.9K units)
- Germany (49.3K units)
- Netherlands (44.3K units)
- Poland (37.4K units)
- Slovenia (24.0K units)
- United Kingdom (22.4K units)
- Malaysia (2.3K units)
Microwave Oven Exports in the Czech Republic
In 2022, exports of microwave ovens from the Czech Republic amounted to 217K units, increasing by 11% on 2021 figures. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 16% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, microwave oven exports fell remarkably to $13M in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +11.7% 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 +39.5% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 40% against the previous year. As a result, the exports reached the peak of $18M, and then declined notably in the following year.
| Export of Microwave Oven in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 6.2 | 7.1 | 10.5 | 8.7 | 12.0% |
| Germany | 1.0 | 1.2 | 2.4 | 1.4 | 11.9% |
| Hungary | 0.7 | 0.8 | 1.0 | 0.8 | 4.6% |
| Poland | 0.3 | 1.3 | 1.4 | 0.6 | 26.0% |
| Greece | 0.3 | 0.1 | 0.1 | 0.1 | -30.7% |
| Others | 0.7 | 2.1 | 2.3 | 1.3 | 22.9% |
| Total | 9.3 | 12.7 | 17.7 | 12.9 | 11.5% |
Top Export Markets for Microwave Oven from the Czech Republic in 2022:
- Slovakia (131.0K units)
- Hungary (35.8K units)
- Germany (24.9K units)
- Poland (7.9K units)
- Greece (2.2K units)
This report provides an in-depth analysis of the microwave oven market in the Czech Republic. 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:
- Czech Republic
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Czech Republic
- 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
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