Eastern Europe: Market for Domestic Electro-Thermic Appliances other than Heaters, Dryers, Irons, Ovens, Toasters and Coffee Machines 2024

Market Size for Domestic Electro-Thermic Appliances other than Heaters, Dryers, Irons, Ovens, Toasters and Coffee Machines in Eastern Europe

In 2022, the East European market for domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines decreased by X% to $X for the first time since 2018, thus ending a three-year rising trend. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2021, and then dropped in the following year.

Production of Domestic Electro-Thermic Appliances other than Heaters, Dryers, Irons, Ovens, Toasters and Coffee Machines in Eastern Europe

In value terms, production of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines shrank slightly to $X in 2022 estimated in export price. In general, production continues to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2015 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production of growth remained at a lower figure.

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Exports of Domestic Electro-Thermic Appliances other than Heaters, Dryers, Irons, Ovens, Toasters and Coffee Machines

Exports in Eastern Europe

In 2022, shipments abroad of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines decreased by X% to X units for the first time since 2015, thus ending a six-year rising trend. Overall, exports, however, posted a resilient expansion. The pace of growth was the most pronounced in 2013 when exports increased by X%. Over the period under review, the exports of hit record highs at X units in 2021, and then declined in the following year.

In value terms, exports of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines shrank slightly to $X in 2022. Over the period under review, exports, however, saw a strong expansion. The growth pace was the most rapid in 2013 when exports increased by X%. The level of export peaked at $X in 2021, and then declined modestly in the following year.

Exports by Country

Poland represented the key exporter of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines in Eastern Europe, with the volume of exports finishing at X units, which was near X% of total exports in 2022. Hungary (X units) took the second position in the ranking, followed by Russia (X units), Ukraine (X units), the Czech Republic (X units), Slovakia (X units) and Belarus (X units). All these countries together took approx. X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines exports from Poland stood at X%. At the same time, Belarus (X%), Ukraine (X%), Slovakia (X%), the Czech Republic (X%), Russia (X%) and Hungary (X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. While the share of Poland (X p.p.), Ukraine (X p.p.) and Belarus (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Russia (X p.p.) and Hungary (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines supplying countries in Eastern Europe were Poland ($X), Slovakia ($X) and Hungary ($X), together comprising X% of total exports. The Czech Republic, Ukraine, Russia and Belarus lagged somewhat behind, together comprising a further X%.

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

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Slovakia ($X per unit), while Belarus ($X per unit) was amongst the lowest.

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

Imports of Domestic Electro-Thermic Appliances other than Heaters, Dryers, Irons, Ovens, Toasters and Coffee Machines

Imports in Eastern Europe

After five years of growth, supplies from abroad of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines decreased by X% to X units in 2022. Total imports indicated a moderate increase 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. The most prominent rate of growth was recorded in 2018 with an increase of X%. The volume of import peaked at X units in 2021, and then dropped in the following year.

In value terms, imports of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines contracted to $X in 2022. In general, imports, however, showed a strong expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports of reached the peak figure at $X in 2021, and then contracted in the following year.

Imports by Country

In 2022, Russia (X units) represented the key importer of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines, achieving X% of total imports. It was distantly followed by Poland (X units), Belarus (X units), Ukraine (X units) and Hungary (X units), together committing a X% share of total imports. The following importers - the Czech Republic (X units) and Bulgaria (X units) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines imports into Russia stood at X%. At the same time, Belarus (X%), Poland (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Ukraine (X%), Hungary (X%) and Bulgaria (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Russia, Belarus and Poland increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines importing markets in Eastern Europe were Poland ($X), Russia ($X) and the Czech Republic ($X), with a combined X% share of total imports.

In terms of the main importing countries, Poland, with a CAGR of X%, saw the highest rates of growth with regard to 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

The import price in Eastern Europe stood at $X per unit in 2022, surging by X% against the previous year. Import price indicated strong growth from 2012 to 2022: its price 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, import price for domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2015 an increase of X%. The level of import peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while Belarus ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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