South Africa - 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 South Africa - 2023
Contents:
- Price for Electric Oven and Cooker in South Africa (CIF) - 2023
- Price for Electric Oven and Cooker in South Africa (FOB) - 2023
- Imports of Electric Oven and Cooker in South Africa
- Exports of Electric Oven and Cooker in South Africa
Price for Electric Oven and Cooker in South Africa (CIF) - 2023
In September 2023, the average electric oven and cooker import price amounted to $16.4 per unit, with an increase of 33% against the previous month. In general, the import price, however, continues to indicate a slight decline. The growth pace was the most rapid in October 2022 an increase of 44% m-o-m. As a result, import price reached the peak level of $29.4 per unit. From November 2022 to September 2023, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From September 2022 to September 2023, the rate of growth in terms of prices for China amounted to +1.8% per month.
Price for Electric Oven and Cooker in South Africa (FOB) - 2023
The average electric oven and cooker export price stood at $58.1 per unit in September 2023, growing by 30% against the previous month. In general, the export price, however, saw a mild descent. The most prominent rate of growth was recorded in March 2023 an increase of 109% month-to-month. As a result, the export price attained the peak level of $96.8 per unit. From April 2023 to September 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was Malawi ($170 per unit), while the average price for exports to Swaziland ($18.0 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electric Oven and Cooker in South Africa
In 2022, imports of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters into South Africa reduced to 4.1M units, declining by -12.1% on the previous year's figure. Over the period under review, imports showed a slight downturn. The pace of growth appeared the most rapid in 2021 with an increase of 11% against the previous year. As a result, imports reached the peak of 4.7M units, and then declined in the following year.
In value terms, electric oven and cooker imports totaled $97M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +11.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 48%. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Electric Oven and Cooker in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 37.4 | 40.6 | 55.8 | 63.2 | 19.1% |
| Turkey | 4.1 | 5.0 | 7.7 | 7.6 | 22.8% |
| Others | 27.5 | 15.8 | 27.0 | 26.0 | -1.9% |
| Total | 69.1 | 61.4 | 90.5 | 96.7 | 11.9% |
Top Suppliers of Electric Oven and Cooker to South Africa in 2022:
- China (3.9M units)
- Turkey (0.1M units)
Exports of Electric Oven and Cooker in South Africa
For the fourth consecutive year, South Africa recorded growth in overseas shipments of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters, which increased by 13% to 348K units in 2022. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 84% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, electric oven and cooker exports rose notably to $26M in 2022. The total export value increased at an average annual rate of +8.4% 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 30% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Electric Oven and Cooker in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zambia | 4.2 | 6.1 | 6.5 | 6.8 | 17.4% |
| Namibia | 3.5 | 2.9 | 4.8 | 5.3 | 14.8% |
| Botswana | 4.6 | 3.3 | 4.3 | 4.2 | -3.0% |
| Zimbabwe | 1.0 | 0.7 | 1.1 | 1.8 | 21.6% |
| Swaziland | 1.7 | 1.4 | 1.7 | 1.6 | -2.0% |
| Malawi | 1.4 | 1.4 | 2.0 | 1.4 | 0.0% |
| Lesotho | 0.8 | 0.9 | 1.0 | 1.3 | 17.6% |
| Mozambique | 1.0 | 0.7 | 1.1 | 0.8 | -7.2% |
| Others | 2.1 | 1.2 | 1.7 | 2.6 | 7.4% |
| Total | 20.2 | 18.6 | 24.2 | 25.7 | 8.4% |
Top Export Markets for Electric Oven and Cooker from South Africa in 2022:
- Namibia (107.6K units)
- Botswana (97.8K units)
- Zambia (49.1K units)
- Lesotho (24.2K units)
- Swaziland (23.8K units)
- Malawi (12.1K units)
- Zimbabwe (8.3K units)
- Mozambique (7.5K units)
This report provides an in-depth analysis of the market for electric oven and cooker in South Africa. 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:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- 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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During the period from September 2023 to November 2023, there was a slight decrease in the growth of imports. The value of Electric Oven And Cooker imports decreased to $6.3M in November 2023.
252
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