Eastern Asia: Domestic Cooking Plate Market 2020

Domestic Cooking Plate Market Size in Eastern Asia

The revenue of the domestic cooking plate market in Eastern Asia amounted to $X in 2017, going down by -X% against the previous year. The domestic cooking plate consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010, with an increase of X% year-to-year. The level of domestic cooking plate consumption peaked of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Domestic Cooking Plate Production in Eastern Asia

The domestic cooking plate production totaled X units in 2017, going down by -X% against the previous year. The domestic cooking plate production continues to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2010, when the output figure increased by X% y-o-y. The volume of domestic cooking plate production peaked of X units in 2016, and then declined slightly in the following year.

Domestic Cooking Plate Exports in Eastern Asia

In 2017, the amount of domestic electric cooking plates, boiling rings and hobs exported in Eastern Asia totaled X units, picking up by X% against the previous year. The domestic cooking plate exports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2016, when it surged by X% y-o-y. The volume of exports peaked in 2017, and are likely to continue its growth in the immediate term.

In value terms, domestic cooking plate exports amounted to $X in 2017. The total exports indicated a prominent increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The level of exports peaked in 2017, and are likely to continue its growth in the near future.

Domestic Cooking Plate Exports by Country in Eastern Asia

China prevails in domestic cooking plate exports structure, reaching X units, which was near X% of total exports in 2017. South Korea (X units) took the mild share of total exports.

China was also the fastest growing in terms of the domestic electric cooking plates, boiling rings and hobs exports, with a CAGR of +X% from 2007 to 2017. At the same time, South Korea (+X%) displayed positive paces of growth. While the share of China (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest domestic cooking plate supplier in Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global exports.

In China, domestic cooking plate exports increased at an average annual rate of +X% over the period from 2007-2017.

Domestic Cooking Plate Export Prices by Country in Eastern Asia

In 2017, the domestic cooking plate export price in Eastern Asia amounted to $X per unit, lowering by -X% against the previous year. The domestic cooking plate export price continues to indicate a measured deduction. The growth pace was the most rapid in 2013, an increase of X% y-o-y. In that year, the export prices for domestic electric cooking plates, boiling rings and hobs attained their peak level of $X per unit. From 2014 to 2017, growth of the export prices for domestic electric cooking plates, boiling rings and hobs failed to regain its momentum.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in South Korea ($X per unit) and China ($X per unit), while China ($X per unit) and South Korea ($X per unit) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China (-X% per year).

Domestic Cooking Plate Imports in Eastern Asia

The imports totaled X units in 2017, coming up by X% against the previous year. The domestic cooking plate imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2010, when it surged by X% against the previous year. Over the period under review, the domestic cooking plate imports reached its maximum volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, domestic cooking plate imports totaled $X in 2017. The total imports indicated a remarkable growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the domestic cooking plate imports increased by +X% against 2007 indices. The level of imports peaked in 2017, and are expected to retain its growth in the near future.

Domestic Cooking Plate Imports by Country in Eastern Asia

In 2017, Japan (X units) and China (X units) represented the key importers of domestic electric cooking plates, boiling rings and hobs in the globe, together constituting X% of total imports. Taiwan, Chinese (X units) occupied the second position in the ranking, followed by South Korea (X units) and China, Hong Kong SAR (X units). All these countries together held approx. X% share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constitutes the largest market for imported domestic electric cooking plates, boiling rings and hobs in Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports. It was followed by China, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Japan stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (+X% per year) and China (+X% per year).

Domestic Cooking Plate Import Prices by Country in Eastern Asia

In 2017, the domestic cooking plate import price in Eastern Asia amounted to $X per unit, coming down by -X% against the previous year. The domestic cooking plate import price continues to indicate a mild reduction. The pace of growth appeared the most rapid in 2008, an increase of X% against the previous year. The level of import price peaked of $X per unit in 2011; however, from 2012 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was South Korea ($X per unit), while Taiwan, Chinese ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Japan (-X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform