Asia: Domestic Toaster Market 2024

Domestic Toaster Market Size in Asia

After two years of decline, the Asian domestic toaster market increased by X% to $X in 2022. The total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Domestic Toaster Production in Asia

In value terms, domestic toaster production fell slightly to $X in 2022 estimated in export price. The total production indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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Domestic Toaster Exports

Exports in Asia

After five years of growth, shipments abroad of domestic electric toasters decreased by X% to X units in 2022. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, the exports reached the maximum at X units in 2021, and then plummeted in the following year.

In value terms, domestic toaster exports fell rapidly to $X in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2021, and then shrank rapidly in the following year.

Exports by Country

The biggest shipments were from China (X units), together recording X% of total export.

China experienced a relatively flat trend pattern with regard to volume of exports of domestic electric toasters. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest domestic toaster supplier in Asia.

In China, domestic toaster exports remained relatively stable over the period from 2012-2022.

Export Prices by Country

The export price in Asia stood at $X per unit in 2022, with an increase of X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2016 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to X% per year.

Domestic Toaster Imports

Imports in Asia

In 2022, after three years of growth, there was significant decline in supplies from abroad of domestic electric toasters, when their volume decreased by X% to X units. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports reached the peak of X units, and then shrank significantly in the following year.

In value terms, domestic toaster imports fell markedly to $X in 2022. Total imports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then fell sharply in the following year.

Imports by Country

In 2022, Japan (X units) represented the largest importer of domestic electric toasters, constituting X% of total imports. India (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by the United Arab Emirates (X%). Malaysia (X units), South Korea (X units), Iraq (X units), Thailand (X units), Hong Kong SAR (X units) and the Philippines (X units) held a minor share of total imports.

Japan experienced a relatively flat trend pattern with regard to volume of imports of domestic electric toasters. At the same time, Iraq (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2022. South Korea experienced a relatively flat trend pattern. By contrast, India (X%), the Philippines (X%), the United Arab Emirates (X%), Thailand (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. Japan (X p.p.) and Iraq (X p.p.) significantly strengthened its position in terms of the total imports, while Hong Kong SAR saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported domestic electric toasters in Asia, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total imports. It was followed by India, with a X% share.

In Japan, domestic toaster imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the United Arab Emirates (X% per year) and India (X% per year).

Import Prices by Country

In 2022, the import price in Asia amounted to $X per unit, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 when the import price increased by X%. The level of import peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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