Denmark: 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 Denmark

In 2022, after five years of growth, there was significant decline in the Danish electric oven and cooker market, when its value decreased by X% to $X. In general, consumption recorded a mild shrinkage. Over the period under review, the market hit record highs at $X in 2021, and then contracted significantly in the following year.

Production of Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters in Denmark

In value terms, electric oven and cooker production reduced sharply to $X in 2022 estimated in export price. Over the period under review, production faced a dramatic setback. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. Electric oven and cooker production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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

Exports from Denmark

In 2022, shipments abroad of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters increased by X% to X units, rising for the fifth year in a row after two years of decline. Overall, exports, however, saw a pronounced reduction. The most prominent rate of growth was recorded in 2018 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 shrank rapidly to $X in 2022. In general, exports, however, saw a noticeable contraction. The pace of growth was the most pronounced in 2020 with an increase of X%. The exports peaked at $X in 2021, and then reduced sharply in the following year.

Exports by Country

Sweden (X units), Norway (X units) and Germany (X units) were the main destinations of electric oven and cooker exports from Denmark, together accounting for X% of total exports. Finland, Iceland, Switzerland and the UK lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Switzerland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), Sweden ($X) and Iceland ($X) appeared to be the largest markets for electric oven and cooker exported from Denmark worldwide, with a combined X% share of total exports.

Iceland, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average electric oven and cooker export price amounted to $X per unit, reducing by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X%. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per unit), while the average price for exports to Switzerland ($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 Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Denmark

In 2022, purchases abroad of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. In general, total imports indicated a prominent expansion 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 2015 indices. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then dropped notably in the following year.

In value terms, electric oven and cooker imports reduced rapidly to $X in 2022. Overall, total imports indicated a tangible 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. The growth pace was the most rapid in 2020 with an increase of X%. Imports peaked at $X in 2021, and then fell dramatically in the following year.

Imports by Country

China (X units), Sweden (X units) and Germany (X units) were the main suppliers of electric oven and cooker imports to Denmark, together accounting for X% of total imports. Poland, Turkey, Spain, Slovenia, Italy and France lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Germany ($X) and Poland ($X) constituted the largest electric oven and cooker suppliers to Denmark, with a combined X% share of total imports. Spain, China, Turkey, Italy, Slovenia and France lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Italy, with a CAGR of X%, saw the highest growth rate of the value of imports, 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, declining by X% against the previous year. Over the period under review, the import price saw a mild decline. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 France ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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