Eastern Asia: Domestic Electric Grill Market 2020

Domestic Electric Grill Market Size in Eastern Asia

The revenue of the domestic electric grill market in Eastern Asia amounted to $X in 2017, reducing by -X% against the previous year. The domestic electric grill consumption continues to indicate an abrupt setback. The pace of growth was the most pronounced in 2008, when market value increased by X% year-to-year. In that year, the domestic electric grill market reached their peak level of $X. From 2009 to 2017, growth of the domestic electric grill market failed to regain its momentum.

Domestic Electric Grill Production in Eastern Asia

In 2017, approx. X units of domestic electric grills and roasters were produced in Eastern Asia; falling by -X% against the previous year. The domestic electric grill production continues to indicate a drastic shrinkage. The most prominent rate of growth was recorded in 2010, when it surged by X% y-o-y. The volume of domestic electric grill production peaked of X units in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Domestic Electric Grill Exports in Eastern Asia

In 2017, approx. X units of domestic electric grills and roasters were exported in Eastern Asia; rising by X% against the previous year. The domestic electric grill exports continue to indicate a skyrocketing growth. The growth pace was the most rapid in 2016, with an increase of X% y-o-y. The volume of exports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, domestic electric grill exports stood at $X in 2017. The domestic electric grill exports continue to indicate a strong growth. Over the period under review, the domestic electric grill exports attained its maximum level in 2017, and are likely to continue its growth in the immediate term.

Domestic Electric Grill Exports by Country in Eastern Asia

China prevails in domestic electric grill exports structure, recording X units, which was near X% of total exports in 2017. South Korea (X units) and China, Hong Kong SAR (X units) occupied the weak share of total exports.

China was also the fastest growing in terms of the domestic electric grills and roasters exports, with a CAGR of +X% from 2007 to 2017. At the same time, South Korea (+X%) displayed positive paces of growth. China, Hong Kong SAR experienced a relatively flat trend pattern. While the share of South Korea (-X%) and China (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

In China, domestic electric grill exports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: South Korea (+X% per year) and China, Hong Kong SAR (-X% per year).

Domestic Electric Grill Export Prices by Country in Eastern Asia

In 2017, the domestic electric grill export price in Eastern Asia amounted to $X per unit, reducing by -X% against the previous year. The domestic electric grill export price continues to indicate a drastic drop. The pace of growth appeared the most rapid in 2008, when the export prices increased by X% year-to-year. In that year, the export prices for domestic electric grills and roasters reached their peak level of $X per unit. From 2009 to 2017, growth of the export prices for domestic electric grills and roasters 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 China, Hong Kong SAR ($X per unit) and South Korea ($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, Hong Kong SAR (-X% per year), while the other leaders experienced a decline in the export price figures.

Domestic Electric Grill Imports in Eastern Asia

In 2017, the amount of domestic electric grills and roasters imported in Eastern Asia stood at X units, growing by X% against the previous year. The domestic electric grill imports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2011, when imports increased by X% year-to-year. Over the period under review, the domestic electric grill imports reached its peak figure volume in 2017, and are expected to retain its growth in the near future.

In value terms, domestic electric grill imports totaled $X in 2017. The domestic electric grill imports continue to indicate a strong growth. Over the period under review, the domestic electric grill imports attained its peak figure level of $X in 2016, leveling off in the following year.

Domestic Electric Grill Imports by Country in Eastern Asia

China was the major importer of domestic electric grills and roasters in Eastern Asia, with the volume of imports recording X units, which was approx. X% of total imports in 2017. Taiwan, Chinese (X units) took a X% share (based on tons) of total imports, which put it in second place, followed by China, Hong Kong SAR (X%), Japan (X%) and South Korea (X%).

China was also the fastest growing in terms of the domestic electric grills and roasters imports, with a CAGR of +X% from 2007 to 2017. At the same time, South Korea (+X%), Taiwan, Chinese (+X%), Japan (+X%) and China, Hong Kong SAR (+X%) displayed positive paces of growth. Japan (-X%), China, Hong Kong SAR (-X%), South Korea (-X%), Taiwan, Chinese (-X%) and China (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), South Korea ($X) and China, Hong Kong SAR ($X) appeared to be the countries with the highest levels of imports in 2017, together comprising X% of total imports.

In terms of the main importing countries , China (+X% per year) experienced the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Domestic Electric Grill Import Prices by Country in Eastern Asia

The domestic electric grill import price in Eastern Asia stood at $X per unit in 2017, waning by -X% against the previous year. The domestic electric grill import price continues to indicate a significant decrease. The growth pace was the most rapid in 2008, an increase of X% year-to-year. Over the period under review, the import prices for domestic electric grills and roasters reached its maximum level of $X per unit in 2009; however, from 2010 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 South Korea (-X% per year), while the other leaders experienced a decline in the import price figures.

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Source: IndexBox Platform