Asia: Electric Oven Market 2020

Electric Oven Market Size in Asia

The revenue of the electric oven market in Asia amounted to $X in 2017, rising by X% against the previous year. The electric oven consumption continues to indicate a prominent growth. The most prominent rate of growth was recorded in 2015, with an increase of X% year-to-year. Over the period under review, the electric oven market attained its peak figure level in 2017, and is expected to retain its growth in the near future.

Electric Oven Production in Asia

In 2017, approx. X units of electric furnaces and ovens were produced in Asia; picking up by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016, when it surged by X% year-to-year. The volume of electric oven production peaked in 2017, and is expected to retain its growth in the immediate term.

Electric Oven Exports in Asia

The exports stood at X units in 2017, increasing by X% against the previous year. The electric oven exports continue to indicate a slight contraction. The most prominent rate of growth was recorded in 2012, with an increase of X% year-to-year. The volume of exports peaked of X units in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, electric oven exports totaled $X in 2017. The total exports indicated a prominent increase from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the electric oven exports attained its maximum level in 2017, and are likely to continue its growth in the immediate term.

Electric Oven Exports by Country in Asia

Thailand was the largest exporting country with an export of about X units, which resulted at X% of total exports. It was distantly followed by China (X units), Japan (X units), India (X units) and South Korea (X units), together creating X% share of total exports. The following exporters - Taiwan, Chinese (X units) and Singapore (X units) together made up X% of total exports.

Exports from Thailand increased at an average annual rate of +X% from 2007 to 2017. At the same time, South Korea (+X%), Japan (+X%), China (+X%), Singapore (+X%) and India (+X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. By contrast, Taiwan, Chinese (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of India, South Korea, Japan, China and Thailand decreased by -X%, -X%, -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Japan ($X) and South Korea ($X) appeared to be the countries with the highest levels of exports in 2017, together accounting for X% of total exports.

China (+X% per year) recorded the highest growth rate of exports, in terms of the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Electric Oven Export Prices by Country in Asia

The electric oven export price in Asia stood at $X per unit in 2017, jumping by X% against the previous year. The electric oven export price continues to indicate a strong increase. The pace of growth was the most pronounced in 2015, when the export prices increased by X% y-o-y. Over the period under review, the export prices for electric furnaces and ovens reached its maximum level in 2017, and is likely to continue its growth in the immediate term.

Export prices varied noticeably by the country of destination; the country with the highest export price was Japan ($X thousand per unit), while Thailand ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Taiwan, Chinese (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Electric Oven Imports in Asia

In 2017, the amount of electric furnaces and ovens imported in Asia totaled X units, surging by X% against the previous year. The electric oven imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017, with an increase of X% year-to-year. In that year, the electric oven imports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, electric oven imports stood at $X in 2017. The electric oven imports continue to indicate a temperate reduction. In that year, the electric oven imports attained their peak level of $X. From 2009 to 2017, growth of the electric oven imports stood at a somewhat lower level.

Electric Oven Imports by Country in Asia

Thailand (X units) and Vietnam (X units) dominates electric oven imports structure, together making up X% of total imports. South Korea (X units), Jordan (X units) and Bangladesh (X units) occupied the mild share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Vietnam (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X) constitutes the largest market for imported electric furnaces and ovens in Asia, making up X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports. It was followed by Thailand, with a X% share.

In Vietnam, electric oven imports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: South Korea (-X% per year) and Thailand (-X% per year).

Electric Oven Import Prices by Country in Asia

In 2017, the electric oven import price in Asia amounted to $X per unit, going down by -X% against the previous year. The electric oven import price continues to indicate a deep contraction. The pace of growth was the most pronounced in 2009, an increase of X% against the previous year. Over the period under review, the import prices for electric furnaces and ovens attained its maximum level of $X thousand per unit in 2010; however, from 2011 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was South Korea ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Bangladesh (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform