Australia: Market for Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters 2024

Market Size for Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters in Australia

For the third year in a row, the Australian electric oven and cooker market recorded growth in sales value, which increased by X% to $X in 2022. Overall, the total consumption indicated a resilient 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. Based on 2022 figures, consumption increased by X% against 2019 indices. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the immediate term.

Exports of Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters

Exports from Australia

In 2022, electric oven and cooker exports from Australia declined sharply to X units, falling by X% against the previous year's figure. Over the period under review, exports faced a abrupt contraction. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, electric oven and cooker exports expanded modestly to $X in 2022. In general, exports recorded a slight shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

New Zealand (X units) was the main destination for electric oven and cooker exports from Australia, accounting for a X% share of total exports. Moreover, electric oven and cooker exports to New Zealand exceeded the volume sent to the second major destination, the United States (X units), more than tenfold. The United Arab Emirates (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to New Zealand amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and the United Arab Emirates (X% per year).

In value terms, New Zealand ($X) remains the key foreign market for electric ovens, cookers, cooking plates, boiling rings, grillers and roasters exports from Australia, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports. It was followed by Papua New Guinea, with a X% share.

From 2012 to 2022, the average annual growth rate of value to New Zealand totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Papua New Guinea (X% per year).

Export Prices by Country

The average electric oven and cooker export price stood at $X per unit in 2022, growing by X% against the previous year. Over the period under review, the export price showed a resilient expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to the United Arab Emirates ($X 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 Papua New Guinea (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Imports of Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters

Imports into Australia

In 2022, imports of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters into Australia contracted to X units, approximately reflecting the previous year's figure. Over the period under review, total imports indicated a resilient increase from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X units, and then dropped modestly in the following year.

In value terms, electric oven and cooker imports expanded to $X in 2022. Overall, total imports indicated a buoyant 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. Based on 2022 figures, imports increased by X% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of X%. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, China (X units) constituted the largest electric oven and cooker supplier to Australia, accounting for a X% share of total imports. Moreover, electric oven and cooker imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold. The third position in this ranking was held by Turkey (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Turkey (X% per year).

In value terms, Germany ($X), Italy ($X) and Thailand ($X) were the largest electric oven and cooker suppliers to Australia, together accounting for X% of total imports. China, Turkey, South Korea and Vietnam lagged somewhat behind, together comprising a further X%.

Vietnam, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average electric oven and cooker import price amounted to $X per unit, with an increase of X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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