CIS: Domestic Toaster Market 2024

Domestic Toaster Market Size in CIS

The CIS domestic toaster market fell to $X in 2022, declining by X% against the previous year. The total consumption indicated a remarkable 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 2018 indices. Over the period under review, the market reached the maximum level at $X in 2021, and then shrank modestly in the following year.

Domestic Toaster Production in CIS

In value terms, domestic toaster production dropped to $X in 2022 estimated in export price. The total production indicated a pronounced expansion 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 2019 indices. The pace of growth appeared the most rapid in 2019 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Domestic Toaster Exports

Exports in CIS

Domestic toaster exports contracted to X units in 2022, shrinking by X% against the previous year. In general, exports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2021, and then declined in the following year.

In value terms, domestic toaster exports shrank to $X in 2022. Over the period under review, exports, however, saw buoyant growth. The pace of growth appeared the most rapid in 2013 with an increase of X%. The level of export peaked at $X in 2021, and then dropped in the following year.

Exports by Country

Russia was the major exporter of domestic electric toasters in the CIS, with the volume of exports accounting for X units, which was near X% of total exports in 2022. It was distantly followed by Belarus (X units), constituting an X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to domestic toaster exports from Russia stood at X%. At the same time, Belarus (X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. Belarus (X p.p.) significantly strengthened its position in terms of the total exports, while Russia saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Russia ($X) remains the largest domestic toaster supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Belarus ($X), with a X% share of total exports.

In Russia, domestic toaster exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in the CIS stood at $X per unit in 2022, rising by X% against the previous year. In general, the export price, however, showed a pronounced slump. The most prominent rate of growth was recorded in 2020 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per unit), while Belarus amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%).

Domestic Toaster Imports

Imports in CIS

After six years of growth, purchases abroad of domestic electric toasters decreased by X% to X units in 2022. Overall, imports, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2021, and then fell in the following year.

In value terms, domestic toaster imports shrank to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then fell in the following year.

Imports by Country

Russia dominates imports structure, accounting for X units, which was near X% of total imports in 2022. The following importers - Kazakhstan (X units), Azerbaijan (X units) and Belarus (X units) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to domestic toaster imports into Russia stood at X%. At the same time, Azerbaijan (X%), Kazakhstan (X%) and Belarus (X%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. Azerbaijan (X p.p.) significantly strengthened its position in terms of the total imports, while Russia saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported domestic electric toasters in the CIS, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total imports. It was followed by Azerbaijan, with a X% share.

In Russia, domestic toaster imports remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (X% per year) and Azerbaijan (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2022, reducing by X% against the previous year. In general, the import price recorded a deep contraction. The most prominent rate of growth was recorded in 2017 when the import price increased by X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Kazakhstan ($X per unit) and Russia ($X per unit), while Belarus ($X per unit) and Azerbaijan ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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