Store → Electrical Equipment → Domestic Appliances → Microwave Ovens

Latest Report Update: Mar 1, 2023

Austria - Microwave Ovens - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$499 Basic Edition $1995 Professional Edition

What's the difference?

Austria: Microwave Oven Market 2023

Microwave Oven Market Size in Austria

The Austrian microwave oven market expanded notably to $X in 2021, growing by 13% against the previous year. In general, the total consumption indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -8.8% against 2019 indices. Microwave oven consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Microwave Oven Production in Austria

In value terms, microwave oven production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate noticeable growth. The pace of growth appeared the most rapid in 2018 when the production volume increased by 56%. Microwave oven production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Microwave Oven Exports

Exports from Austria

In 2021, shipments abroad of microwave ovens increased by 41% to X units, rising for the third consecutive year after two years of decline. In general, exports saw a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 88%. Over the period under review, the exports reached the maximum at X units in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, microwave oven exports soared to $X in 2021. Overall, total exports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +8.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +81.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 41% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X units) was the main destination for microwave oven exports from Austria, accounting for a 37% share of total exports. Moreover, microwave oven exports to Germany exceeded the volume sent to the second major destination, Poland (X units), twofold. Italy (X units) ranked third in terms of total exports with a 14% share.

From 2012 to 2021, the average annual growth rate of volume to Germany amounted to +19.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+9.3% per year) and Italy (+14.9% per year).

In value terms, Germany ($X) remains the key foreign market for microwave oven exports from Austria, comprising 59% of total exports. The second position in the ranking was held by Italy ($X), with a 9.1% share of total exports. It was followed by Poland, with a 6.8% share.

From 2012 to 2021, the average annual growth rate of value to Germany amounted to +22.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+5.0% per year) and Poland (+1.7% per year).

Export Prices by Country

In 2021, the average microwave oven export price amounted to $X per unit, declining by -8.8% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 58%. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Switzerland ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

Microwave Oven Imports

Imports into Austria

In 2021, approx. X units of microwave ovens were imported into Austria; with an increase of 4.8% compared with the previous year's figure. The total import volume increased at an average annual rate of +3.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 13% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, microwave oven imports rose notably to $X in 2021. The total import value increased at an average annual rate of +3.8% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 16% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the near future.

Imports by Country

Germany (X units), China (X units) and Slovakia (X units) were the main suppliers of microwave oven imports to Austria, with a combined 92% share of total imports.

From 2012 to 2021, the biggest increases were in Slovakia (with a CAGR of +131.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of microwave oven to Austria, comprising 62% of total imports. The second position in the ranking was held by China ($X), with a 16% share of total imports. It was followed by Slovakia, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +17.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-6.0% per year) and Slovakia (+127.5% per year).

Import Prices by Country

The average microwave oven import price stood at $X per unit in 2021, rising by 9.2% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 21%. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the UK ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+2.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

Base Year	Historical Period	Forecast Period	Units
2022	2012-2022	2023-2030	US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for microwave ovens in the world?

The country with the largest volume of microwave oven consumption was China, accounting for 27% of total volume. Moreover, microwave oven consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was taken by Russia, with a 5.6% share.

What are the largest producers of microwave ovens in the world?

China constituted the country with the largest volume of microwave oven production, accounting for 66% of total volume. Moreover, microwave oven production in China exceeded the figures recorded by the second-largest producer, Malaysia, more than tenfold. India ranked third in terms of total production with a 4.1% share.

What are the leading suppliers of microwave ovens to Austria?

In value terms, Germany constituted the largest supplier of microwave oven to Austria, comprising 62% of total imports. The second position in the ranking was taken by China, with a 16% share of total imports. It was followed by Slovakia, with a 12% share.

What are the leading importers of microwave ovens from Austria?

In value terms, Germany remains the key foreign market for microwave oven exports from Austria, comprising 59% of total exports. The second position in the ranking was taken by Italy, with a 9.1% share of total exports. It was followed by Poland, with a 6.8% share.

What is the average export price for microwave ovens in Austria?

The average microwave oven export price stood at $85 per unit in 2021, dropping by -8.8% against the previous year.

What is the average import price for microwave ovens in Austria?

The average microwave oven import price stood at $70 per unit in 2021, rising by 9.2% against the previous year.

This report provides an in-depth analysis of the microwave oven market in Austria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

• Prodcom 27512700 - Domestic microwave ovens

Country coverage:

• Austria

Data coverage:

• Market volume and value

• Per Capita consumption

• Forecast of the market dynamics in the medium term

• Trade (exports and imports) in Austria

• Export and import prices

• Market trends, drivers and restraints

• Key market players and their profiles

Reasons to buy this report:

• Take advantage of the latest data

• Find deeper insights into current market developments

• Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1

REPORT DESCRIPTION

1.2

RESEARCH METHODOLOGY AND AI PLATFORM

1.3

DATA-DRIVEN DECISIONS FOR YOUR BUSINESS

1.4

REPORT DESCRIPTION

2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance