Asia: Gas Stove Market 2020

Gas Stove Market Size in Asia

The revenue of the gas stove market in Asia amounted to $X in 2017, coming down by -X% against the previous year. The gas stove consumption continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2016, with an increase of X% against the previous year. In that year, the gas stove market reached their peak level of $X, and then declined slightly in the following year.

Gas Stove Production in Asia

In 2017, approx. X units of iron or steel gas domestic cooking appliances and plate warmers (without an oven) were produced in Asia; declining by -X% against the previous year. The gas stove production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when it surged by X% y-o-y. The volume of gas stove production peaked of X units in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Gas Stove Exports in Asia

In 2017, the amount of iron or steel gas domestic cooking appliances and plate warmers (without an oven) exported in Asia stood at X units, surging by X% against the previous year. The total exports indicated a remarkable growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the gas stove exports increased by +X% against 2009 indices. The pace of growth appeared the most rapid in 2010, with an increase of X% year-to-year. The volume of exports peaked in 2017, and are likely to continue its growth in the near future.

In value terms, gas stove exports amounted to $X in 2017. The gas stove exports continue to indicate a prominent expansion. Over the period under review, the gas stove exports reached its maximum level in 2017, and are likely to continue its growth in the near future.

Gas Stove Exports by Country in Asia

China dominates gas stove exports structure, resulting at X units, which was near X% of total exports in 2017. It was distantly followed by Taiwan, Chinese (X units), committing X% share of total exports. Turkey (X units) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +X% from 2007 to 2017. At the same time, Taiwan, Chinese (+X%) and Turkey (+X%) displayed positive paces of growth. Moreover, Taiwan, Chinese emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. While the share of Taiwan, Chinese (-X%) and China (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest gas stove supplier in Asia, making up X% of global exports. The second position in the ranking was occupied by Turkey ($X), with a X% share of global exports. It was followed by Taiwan, Chinese, with a X% share.

From 2007 to 2017, the average annual growth rate of value in China stood at +X%. In the other countries, the average annual rates were as follows: Turkey (+X% per year) and Taiwan, Chinese (+X% per year).

Gas Stove Export Prices by Country in Asia

In 2017, the gas stove export price in Asia amounted to $X per unit, approximately equating the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2009, an increase of X% against the previous year. Over the period under review, the export prices for iron or steel gas domestic cooking appliances and plate warmers (without an oven) reached its peak figure level of $X per unit in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

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

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

Gas Stove Imports in Asia

In 2017, imports of iron or steel gas domestic cooking appliances and plate warmers (without an oven) in Asia totaled X units, rising by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The pace of growth appeared the most rapid in 2010, when imports increased by X% year-to-year. Over the period under review, the gas stove imports attained its peak figure volume in 2017, and are likely to see steady growth in the near future.

In value terms, gas stove imports stood at $X in 2017. The total import value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the gas stove imports attained its peak figure level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Gas Stove Imports by Country in Asia

In 2017, Saudi Arabia (X units), followed by Indonesia (X units), Taiwan, Chinese (X units), Thailand (X units), Bangladesh (X units), Turkey (X units), Japan (X units), South Korea (X units) and Vietnam (X units) were the key importers of iron or steel gas domestic cooking appliances and plate warmers (without an oven), together creating X% of total imports. The following importers - the Philippines (X units), Malaysia (X units) and China (X units) together made up X% 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 Bangladesh (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X) constitutes the largest market for imported iron or steel gas domestic cooking appliances and plate warmers (without an oven) in Asia, making up X% of global imports. The second position in the ranking was occupied by Japan ($X), with a X% share of global imports. It was followed by Thailand, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Saudi Arabia totaled +X%. In the other countries, the average annual rates were as follows: Japan (+X% per year) and Thailand (+X% per year).

Gas Stove Import Prices by Country in Asia

The gas stove import price in Asia stood at $X per thousand units in 2017, rising by X% against the previous year. The gas stove import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013, an increase of X% year-to-year. In that year, the import prices for iron or steel gas domestic cooking appliances and plate warmers (without an oven) attained their peak level of $X per thousand units. From 2014 to 2017, growth of the import prices for iron or steel gas domestic cooking appliances and plate warmers (without an oven) stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Malaysia ($X per unit), while Bangladesh ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Malaysia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform