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Report Cuba - Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers and Roasters - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

Cuba - Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers and Roasters - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: 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 Cuba

The Cuban electric oven and cooker market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption continues to indicate a strong increase. Electric oven and cooker consumption peaked at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

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

Exports from Cuba

For the third consecutive year, Cuba recorded growth in shipments abroad of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters, which increased by 500% to X units in 2021. In general, exports, however, continue to indicate a pronounced setback. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, electric oven and cooker exports surged to $X in 2021. Overall, exports, however, saw a abrupt decrease. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Panama (X units) was the main destination for electric oven and cooker exports from Cuba, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Panama totaled +42.3%.

In value terms, Panama ($X) also remains the key foreign market for electric oven and cooker exports from Cuba.

From 2012 to 2021, the average annual rate of growth in terms of value to Panama amounted to +30.7%.

Export Prices by Country

The average electric oven and cooker export price stood at $X per unit in 2021, with a decrease of -36.1% against the previous year. In general, the export price recorded a perceptible downturn. The pace of growth appeared the most rapid in 2018 when the average export price increased by 512% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Panama.

From 2012 to 2021, the rate of growth in terms of prices for Jamaica amounted to +4,104.0% per year.

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

Imports into Cuba

In 2021, after two years of decline, there was significant growth in purchases abroad of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters, when their volume increased by 179% to X units. In general, imports continue to indicate a strong increase. Imports peaked at X units in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, electric oven and cooker imports surged to $X in 2021. Over the period under review, imports enjoyed a resilient expansion. The growth pace was the most rapid in 2015 with an increase of 109% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, China (X units) was the main supplier of electric oven and cooker to Cuba, with a 92% share of total imports. Moreover, electric oven and cooker imports from China exceeded the figures recorded by the second-largest supplier, Panama (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +14.2%.

In value terms, the largest electric oven and cooker suppliers to Cuba were China ($X) and Panama ($X).

China, with a CAGR of +14.4%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review.

Import Prices by Country

In 2021, the average electric oven and cooker import price amounted to $X per unit, reducing by -49.8% against the previous year. Over the period under review, the import price saw a perceptible curtailment. The most prominent rate of growth was recorded in 2020 when the average import price increased by 65%. As a result, import price reached the peak level of $X per unit, and then contracted significantly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+0.1%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of consumption in 2021 were the United States, Thailand and Mexico, with a combined 37% share of global consumption.
The country with the largest volume of electric oven and cooker production was China, accounting for 73% of total volume. Moreover, electric oven and cooker production in China exceeded the figures recorded by the second-largest producer, Poland, more than tenfold. The third position in this ranking was held by the United States, with a 3.5% share.
In value terms, the largest electric oven and cooker suppliers to Cuba were China and Panama.
In value terms, Panama remains the key foreign market for electric oven and cooker exports from Cuba.
In 2021, the average electric oven and cooker export price amounted to $59 per unit, shrinking by -36.1% against the previous year.
In 2021, the average electric oven and cooker import price amounted to $26 per unit, declining by -49.8% against the previous year.

This report provides an in-depth analysis of the market for electric oven and cooker in Cuba. 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 27512810 - Domestic electric cookers with at least an oven and a hob (including combined gas-electric appliances)
  • Prodcom 27512830 - Electric cooking plates, boiling rings and hobs for domestic use
  • Prodcom 27512850 - Domestic electric grills and roasters
  • Prodcom 27512870 - Domestic electric ovens for building-in
  • Prodcom 27512890 - Domestic electric ovens (excluding those for building-in, m icrowave ovens)

Country coverage:

  • Cuba

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Cuba
  • 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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Free Data: Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters - Cuba
Table
Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters - Cuba - Table
Dashboard
Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters - Cuba - Dashboard
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Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters - Cuba - Report