United Kingdom - 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 the UK - 2023
Contents:
- Price for Electric Oven and Cooker in the UK (CIF) - 2023
- Price for Electric Oven and Cooker in the UK (FOB) - 2022
- Imports of Electric Oven and Cooker in the UK
- Exports of Electric Oven and Cooker in the UK
Price for Electric Oven and Cooker in the UK (CIF) - 2023
In August 2023, the average electric oven and cooker import price amounted to $78.9 per unit, declining by -18.9% against the previous month. Over the period under review, the import price continues to indicate a pronounced slump. The pace of growth was the most pronounced in January 2023 an increase of 81% month-to-month. The import price peaked at $110 per unit in August 2022; however, from September 2022 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($389 per unit), while the price for China ($41.7 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 (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Electric Oven and Cooker in the UK (FOB) - 2022
In 2022, the average electric oven and cooker export price amounted to $184 per unit, picking up by 16% against the previous year. Over the period under review, the export price enjoyed pronounced growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 66% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($538 per unit), while the average price for exports to Germany ($58 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 Ireland (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electric Oven and Cooker in the UK
In 2022, overseas purchases of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters decreased by -15.9% to 8.9M units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 12% against the previous year. As a result, imports reached the peak of 11M units, and then contracted markedly in the following year.
In value terms, electric oven and cooker imports shrank to $936M in 2022. The total import value increased at an average annual rate of +8.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 33%. As a result, imports reached the peak of $1B, and then shrank in the following year.
| Import of Electric Oven and Cooker in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 138 | 184 | 270 | 262 | 23.8% |
| Germany | 191 | 202 | 220 | 171 | -3.6% |
| Turkey | 141 | 115 | 182 | 165 | 5.4% |
| Poland | 118 | 115 | 158 | 146 | 7.4% |
| Italy | 47.4 | 43.7 | 61.0 | 67.2 | 12.3% |
| Spain | 60.2 | 69.7 | 76.0 | 42.5 | -11.0% |
| Others | 46.3 | 44.3 | 60.1 | 82.6 | 21.3% |
| Total | 742 | 774 | 1,028 | 936 | 8.0% |
Top Suppliers of Electric Oven and Cooker to the UK in 2022:
- China (5.8M units)
- Turkey (1.1M units)
- Poland (0.6M units)
- Germany (0.5M units)
- Italy (0.3M units)
- Spain (0.1M units)
Exports of Electric Oven and Cooker in the UK
In 2022, overseas shipments of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters decreased by -23.1% to 467K units, falling for the second year in a row after two years of growth. In general, exports saw a deep setback. The pace of growth was the most pronounced in 2020 when exports increased by 10% against the previous year. As a result, the exports attained the peak of 760K units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, electric oven and cooker exports declined to $86M in 2022. The total export value increased at an average annual rate of +8.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 32% against the previous year. As a result, the exports attained the peak of $96M, and then fell in the following year.
| Export of Electric Oven and Cooker in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 38.1 | 41.3 | 40.1 | 29.5 | -8.2% |
| United States | 3.4 | 3.4 | 11.9 | 14.7 | 62.9% |
| Netherlands | 5.5 | 5.4 | 7.1 | 7.7 | 11.9% |
| Canada | 1.8 | 2.6 | 3.2 | 6.6 | 54.2% |
| France | 3.9 | 3.9 | 5.3 | 4.9 | 7.9% |
| Germany | 1.9 | 2.3 | 3.4 | 2.0 | 1.7% |
| Italy | 1.0 | 1.3 | 1.6 | 1.7 | 19.3% |
| Others | 10.9 | 12.7 | 23.7 | 18.4 | 19.1% |
| Total | 66.5 | 72.8 | 96.3 | 85.7 | 8.8% |
Top Export Markets for Electric Oven and Cooker from the UK in 2022:
- Ireland (201.1K units)
- Netherlands (52.3K units)
- Germany (34.6K units)
- France (31.5K units)
- United States (29.3K units)
- Italy (26.8K units)
- Canada (12.3K units)
This report provides an in-depth analysis of the market for electric oven and cooker in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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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The growth of imports for Electric Oven And Cooker remained somewhat lower from January 2023 to October 2023. In terms of value, imports of Electric Oven And Cooker sharply expanded to $96M in October 2023.
147
From March 2023 to November 2023, the growth of imports for Electric Water Heater failed to regain momentum. In value terms, Electric Water Heater imports rose slightly to $16M in November 2023.
115
During the period analyzed, Domestic Toaster imports peaked at 545K units in September 2023 before leveling off until November 2023. In terms of value, imports of Domestic Toasters reached $6.8M in November 2023.
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In August 2023, the import of Domestic Toasters reached its highest point. The value of these imports saw a modest expansion, totaling $7.4M.
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The price of the Domestic Coffee Machine in the United Kingdom increased by 30% to $82.9 per unit (CIF) in March 2023 compared to the previous month.
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In June 2023, the price of the Smoothing Iron reached $17.0 per unit (CIF, United Kingdom), indicating a 5.7% increase compared to the previous month.
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During the review period, imports of Microwave Oven peaked at 414K units in February 2023 before leveling off until November 2023. In terms of value, imports of Microwave Oven surged to $19M by November 2023.
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In February 2023, the microwave oven price stood at $50.9 per unit (CIF, United Kingdom), shrinking by -13.6% against the previous month.
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The price of the Hair Curler in April 2023 was $13.9 per unit (CIF, United Kingdom), showing a decrease of 14.2% compared to the previous month.
898
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>
