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Czech Republic - Microwave Ovens - Market Analysis, Forecast, Size, Trends and Insights
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Czech Republic: Microwave Oven Market Overview 2021

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Microwave Oven Market Size in the Czech Republic

In 2020, the Czech microwave oven market decreased by -X% to $X, falling for the third year in a row after two years of growth. In general, consumption saw a slight descent. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2020, consumption stood at a somewhat lower figure.

Microwave Oven Production in the Czech Republic

In value terms, microwave oven production shrank dramatically to $X in 2020 estimated in export prices. Over the period under review, production recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2008 when the production volume increased by X% y-o-y. Microwave oven production peaked at $X in 2017; however, from 2018 to 2020, production failed to regain the momentum.

Microwave Oven Exports

Exports from the Czech Republic

In 2020, approx. X units of microwave ovens were exported from the Czech Republic; rising by X% on 2019. Overall, exports continue to indicate a resilient expansion. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, microwave oven exports soared to $X in 2020. Over the period under review, exports enjoyed a measured increase. As a result, exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Slovakia (X units) was the main destination for microwave oven exports from the Czech Republic, with a X% share of total exports. Moreover, microwave oven exports to Slovakia exceeded the volume sent to the second major destination, Poland (X units), fourfold. Hungary (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Slovakia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+X% per year) and Hungary (-X% per year).

In value terms, Slovakia ($X) remains the key foreign market for microwave oven exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was occupied by Poland ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Slovakia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+X% per year) and Germany (+X% per year).

Export Prices by Country

In 2020, the average microwave oven export price amounted to $X per unit, waning by -X% against the previous year. Overall, the export price recorded a perceptible downturn. The pace of growth was the most pronounced in 2008 when the average export price increased by X% against the previous year. As a result, export price reached the peak level of $X per unit. from 2009 to 2020, the growth in terms of the average export prices failed to regain the momentum.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Germany ($X per unit), while the average price for exports to Greece ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Romania, while the prices for the other major destinations experienced a decline.

Microwave Oven Imports

Imports into the Czech Republic

In 2020, overseas purchases of microwave ovens increased by X% to X units, rising for the third year in a row after two years of decline. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X% y-o-y. Imports peaked at X units in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, microwave oven imports skyrocketed to $X in 2020. The total import value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum in 2020 and are expected to retain growth in the immediate term.

Imports by Country

In 2020, China (X units) constituted the largest microwave oven supplier to the Czech Republic, with a X% share of total imports. Moreover, microwave oven imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), more than tenfold. The third position in this ranking was occupied by Slovakia (X units), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from China stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Slovakia (+X% per year).

In value terms, China ($X) constituted the largest supplier of microwave oven to the Czech Republic, comprising X% of total imports. The second position in the ranking was occupied by Poland ($X), with a X% share of total imports. It was followed by Slovakia, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+X% per year) and Slovakia (+X% per year).

Import Prices by Country

In 2020, the average microwave oven import price amounted to $X per unit, picking up by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 an increase of X% year-to-year. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Poland ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Poland, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for microwave ovens in the world?
+
China (73M units) constituted the country with the largest volume of microwave oven consumption, comprising approx. 36% of total volume. Moreover, microwave oven consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (23M units), threefold. Japan (9.5M units) ranked third in terms of total consumption with a 4.6% share.
What are the largest producers of microwave ovens in the world?
+
China (136M units) remains the largest microwave oven producing country worldwide, comprising approx. 65% of total volume. Moreover, microwave oven production in China exceeded the figures recorded by the second-largest producer, Malaysia (9.8M units), more than tenfold. The third position in this ranking was occupied by Italy (6.6M units), with a 3.1% share.
What are the leading suppliers of microwave ovens to the Czech Republic?
+
In value terms, China ($23M) constituted the largest supplier of microwave oven to the Czech Republic, comprising 66% of total imports. The second position in the ranking was occupied by Poland ($2.7M), with a 7.8% share of total imports. It was followed by Slovakia, with a 6.9% share.
What are the leading importers of microwave ovens from the Czech Republic?
+
In value terms, Slovakia ($7.2M) remains the key foreign market for microwave oven exports from the Czech Republic, comprising 57% of total exports. The second position in the ranking was occupied by Poland ($1.3M), with a 10% share of total exports. It was followed by Germany, with a 8.9% share.
What is the average export price for microwave ovens in the Czech Republic?
+
In 2020, the average microwave oven export price amounted to $41 per unit, with a decrease of -24.5% against the previous year.
What is the average import price for microwave ovens in the Czech Republic?
+
In 2020, the average microwave oven import price amounted to $56 per unit, surging by 6.2% against the previous year.

Product coverage:
• Prodcom 27512700 - Domestic microwave ovens

This report provides an in-depth analysis of the microwave oven market in the Czech Republic. 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 2025.


Country coverage:
• Czech Republic

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the Czech Republic
• 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
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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