Asia-Pacific: Domestic Toaster Market 2024

Domestic Toaster Market Size in Asia-Pacific

The Asia-Pacific domestic toaster market soared to $X in 2022, rising by X% against the previous year. Overall, consumption enjoyed a resilient expansion. The level of consumption peaked in 2022 and is likely to see steady growth in years to come.

Domestic Toaster Production in Asia-Pacific

In value terms, domestic toaster production expanded slightly to $X in 2022 estimated in export price. The total production indicated notable 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. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Domestic Toaster Exports

Exports in Asia-Pacific

After five years of growth, shipments abroad of domestic electric toasters decreased by X% to X units in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2021, and then plummeted in the following year.

In value terms, domestic toaster exports contracted rapidly to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2021, and then declined sharply in the following year.

Exports by Country

The biggest shipments were from China (X units), together amounting to 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-Pacific.

From 2012 to 2022, the average annual growth rate of value in China was relatively modest.

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per unit, rising by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared 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-Pacific

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. Overall, imports showed a mild decline. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports reached the peak of X units, and then shrank sharply in the following year.

In value terms, domestic toaster imports fell rapidly to $X in 2022. Total imports indicated a mild 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 appeared the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then reduced dramatically in the following year.

Imports by Country

In 2022, Japan (X units) represented the largest importer of domestic electric toasters, comprising X% of total imports. Australia (X units) ranks second in terms of the total imports with a X% share, followed by India (X%). Malaysia (X units), South Korea (X units), New Zealand (X units), Thailand (X units), Hong Kong SAR (X units) and the Philippines (X units) followed a long way behind the leaders.

Japan experienced a relatively flat trend pattern with regard to volume of imports of domestic electric toasters. At the same time, Malaysia (X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. New Zealand, South Korea and Australia experienced a relatively flat trend pattern. By contrast, India (X%), the Philippines (X%), Thailand (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Japan increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported domestic electric toasters in Asia-Pacific, comprising X% of total imports. The second position in the ranking was taken by Australia ($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: Australia (X% per year) and India (X% per year).

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per unit, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain 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 New Zealand ($X per unit), while Malaysia ($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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