Australia - Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Electric Oven and Cooker in Australia - 2023
Contents:
- Price for Electric Oven and Cooker in Australia (CIF) - 2023
- Price for Electric Oven and Cooker in Australia (FOB) - 2022
- Imports of Electric Oven and Cooker in Australia
- Exports of Electric Oven and Cooker in Australia
Price for Electric Oven and Cooker in Australia (CIF) - 2023
The average electric oven and cooker import price stood at $113 per unit in August 2023, waning by -7.8% against the previous month. In general, the import price continues to indicate a perceptible reduction. The growth pace was the most rapid in November 2022 when the average import price increased by 29% m-o-m. Over the period under review, average import prices attained the peak figure at $197 per unit in February 2023; however, from March 2023 to August 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($764 per unit), while the price for China ($76.1 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 Vietnam (+35.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electric Oven and Cooker in Australia (FOB) - 2022
The average electric oven and cooker export price stood at $359 per unit in 2022, picking up by 76% against the previous year. In general, the export price saw a prominent expansion. The growth pace was the most rapid in 2021 an increase of 200% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($668 per unit), while the average price for exports to the United Arab Emirates ($164 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electric Oven and Cooker in Australia
Electric oven and cooker imports into Australia reduced to 2.7M units in 2022, with a decrease of -1.6% compared with 2021. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +14.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.5% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 79% against the previous year. As a result, imports attained the peak of 2.7M units, and then fell slightly in the following year.
In value terms, electric oven and cooker imports rose modestly to $405M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.8% 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 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 45%. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Electric Oven and Cooker in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 54.5 | 50.9 | 68.4 | 65.4 | 6.3% |
| Italy | 59.4 | 58.6 | 71.8 | 61.4 | 1.1% |
| Thailand | 18.9 | 35.1 | 37.2 | 47.7 | 36.2% |
| China | 15.3 | 28.7 | 36.3 | 37.6 | 34.9% |
| Turkey | 11.0 | 17.1 | 21.5 | 21.8 | 25.6% |
| South Korea | 0.2 | 0.2 | 0.4 | 5.0 | 192.4% |
| Vietnam | 0.5 | 1.5 | 2.1 | 2.4 | 68.7% |
| Others | 101 | 78.3 | 154 | 164 | 17.5% |
| Total | 261 | 270 | 391 | 405 | 15.8% |
Top Suppliers of Electric Oven and Cooker to Australia in 2022:
- China (387.9K units)
- Italy (112.4K units)
- Turkey (102.0K units)
- Germany (96.7K units)
- Thailand (68.1K units)
- South Korea (54.8K units)
- Vietnam (37.2K units)
Exports of Electric Oven and Cooker in Australia
In 2022, shipments abroad of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters decreased by -40.3% to 57K units, falling for the second year in a row after two years of growth. Overall, exports saw a precipitous slump. The pace of growth appeared the most rapid in 2020 with an increase of 62%. As a result, the exports reached the peak of 213K units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, electric oven and cooker exports expanded slightly to $20M in 2022. The total export value increased at an average annual rate of +4.2% 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 34%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Electric Oven and Cooker in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 14.5 | 12.6 | 16.8 | 14.7 | 0.5% |
| United States | 0.3 | 0.2 | 0.2 | 2.1 | 91.3% |
| Papua New Guinea | 0.5 | 0.4 | 0.7 | 0.6 | 6.3% |
| United Arab Emirates | 0.2 | N/A | 0.1 | 0.5 | 35.7% |
| China | 0.3 | 0.1 | 0.4 | 0.4 | 10.1% |
| Fiji | 0.4 | 0.1 | 0.2 | 0.1 | -37.0% |
| Others | 1.8 | 1.1 | 1.0 | 1.9 | 1.8% |
| Total | 18.1 | 14.5 | 19.5 | 20.4 | 4.1% |
Top Export Markets for Electric Oven and Cooker from Australia in 2022:
- New Zealand (44.0K units)
- United States (3.2K units)
- United Arab Emirates (2.8K units)
- Papua New Guinea (2.4K units)
- China (2.2K units)
- Fiji (0.4K units)
This report provides an in-depth analysis of the market for electric oven and cooker in Australia. 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:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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
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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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In April 2023, the electric oven and cooker price stood at $136 per unit (CIF, Australia), with a decrease of -4.9% against the previous month.
274
In May 2023, the price of the Electric Water Heater reached $114 per unit (CIF, Australia), representing a decrease of 8.9% compared to the previous month.
333
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245
During the review period, the import of Electric Heating Equipment reached a record high of 497K units in February 2023. However, from March 2023 to October 2023, imports remained at a slightly lower level. In terms of value, imports of electric heating equipment experienced a rapid contraction, reaching $2.8M in October 2023.
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In June 2023, the price of the Domestic Coffee Machine in Australia reached $140 per unit (CIF), marking a 7.7% increase compared to the previous month.
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In 2016, the amount of oven and cooker imported worldwide amounted to X tons, increasing by X% against the previous year level. The total import volume increased at an average annual rate of +X>
2262
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996
China continued its dominance in the global trade of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters. In 2014, China exported X thousand tons of electric ovens, cookers, cooking plates, boiling rings, grillers and roas
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