Eastern Europe: 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 Eastern Europe

After two years of growth, the East European electric oven and cooker market decreased by X% to $X in 2022. Overall, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

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

In value terms, electric oven and cooker production declined to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X, and then declined in the following year.

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

Exports in Eastern Europe

In 2022, overseas shipments of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters decreased by X% to X units for the first time since 2011, thus ending a ten-year rising trend. In general, exports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports attained the maximum at X units in 2021, and then dropped in the following year.

In value terms, electric oven and cooker exports contracted to $X in 2022. Total exports indicated prominent growth 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. Based on 2022 figures, exports increased by X% against 2016 indices. The growth pace was the most rapid in 2018 when exports increased by X%. The level of export peaked at $X in 2021, and then contracted in the following year.

Exports by Country

Poland represented the largest exporting country with an export of around X units, which amounted to X% of total exports. It was distantly followed by the Czech Republic (X units), Romania (X units), Belarus (X units) and Slovakia (X units), together comprising a X% share of total exports. The following exporters - Russia (X units) and Hungary (X units) - each reached a X% share of total exports.

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

In value terms, Poland ($X) remains the largest electric oven and cooker supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Romania ($X), with a X% share of total exports. It was followed by the Czech Republic, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Poland totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Romania (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2022, almost unchanged from the previous year. Over the period under review, the export price, however, saw a pronounced slump. The pace of growth appeared the most rapid in 2021 an increase of X%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced a decline in the export price figures.

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

Imports in Eastern Europe

In 2022, after six years of growth, there was significant decline in overseas purchases of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters, when their volume decreased by X% to X units. In general, imports, however, saw moderate growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, electric oven and cooker imports declined to $X in 2022. Total imports indicated a measured expansion 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. Based on 2022 figures, imports increased by X% against 2015 indices. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then declined in the following year.

Imports by Country

In 2022, Russia (X units) was the major importer of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters, comprising X% of total imports. Poland (X units) ranks second in terms of the total imports with a X% share, followed by the Czech Republic (X%), Ukraine (X%) and Hungary (X%). The following importers - Romania (X units) and Slovakia (X units) - each finished at an X% share of total imports.

Russia experienced a relatively flat trend pattern with regard to volume of imports of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters. At the same time, Hungary (X%), Slovakia (X%), Romania (X%), the Czech Republic (X%), Poland (X%) and Ukraine (X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. While the share of the Czech Republic (X p.p.), Hungary (X p.p.), Slovakia (X p.p.) and Romania (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Russia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X), Poland ($X) and the Czech Republic ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Slovakia, Romania, Hungary and Ukraine lagged somewhat behind, together comprising a further X%.

Romania, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries 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, waning by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of X%. Over the period under review, import prices attained the maximum at $X per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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 Poland ($X per unit), while Ukraine ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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