France: Microwave Oven Market Overview 2021

Microwave Oven Market Size in France

In 2020, the French microwave oven market increased by X% to $X, rising for the third year in a row after two years of decline. In general, consumption continues to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Over the period under review, the market hit record highs at $X in 2009; however, from 2010 to 2020, consumption remained at a lower figure.

Microwave Oven Production in France

In value terms, microwave oven production contracted slightly to $X in 2020 estimated in export prices. Overall, production recorded a perceptible decline. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Microwave oven production peaked at $X in 2009; however, from 2010 to 2020, production stood at a somewhat lower figure.

Microwave Oven Exports

Exports from France

In 2020, overseas shipments of microwave ovens decreased by -X% to X units, falling for the second year in a row after two years of growth. Overall, exports saw a slight descent. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Exports peaked at X units in 2011; however, from 2012 to 2020, exports failed to regain the momentum.

In value terms, microwave oven exports rose remarkably to $X in 2020. Over the period under review, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2017 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at $X in 2008; however, from 2009 to 2020, exports failed to regain the momentum.

Exports by Country

Belgium (X units) was the main destination for microwave oven exports from France, accounting for a X% share of total exports. Moreover, microwave oven exports to Belgium exceeded the volume sent to the second major destination, Spain (X units), twofold. The third position in this ranking was occupied by Germany (X units), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Belgium stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-X% per year) and Germany (-X% per year).

In value terms, Belgium ($X), Germany ($X) and Spain ($X) constituted the largest markets for microwave oven exported from France worldwide, together comprising X% of total exports. Italy, the Netherlands, Luxembourg, Algeria, New Caledonia, Poland, the Czech Republic, Portugal, Austria and Ireland lagged somewhat behind, together comprising a further X terms of the main countries of destination, Ireland (+X% per year) saw the highest rates of growth with regard to 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

In 2020, the average microwave oven export price amounted to $X per unit, with an increase of X% against the previous year. Overall, the export price, however, showed a deep reduction. The growth pace was the most rapid in 2012 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2009; however, from 2010 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Germany ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic, while the prices for the other major destinations experienced more modest paces of growth.

Microwave Oven Imports

Imports into France

In 2020, supplies from abroad of microwave ovens increased by X% to X units, rising for the third year in a row after three years of decline. The total import volume increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when imports increased by X% year-to-year. As a result, imports attained the peak of X units. From 2015 to 2020, the growth imports remained at a lower figure.

In value terms, microwave oven imports rose notably to $X in 2020. The total import value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2012 to 2020, the growth imports remained at a lower figure.

Imports by Country

In 2020, China (X units) constituted the largest microwave oven supplier to France, accounting for a X% share of total imports. Moreover, microwave oven imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), eightfold. Malaysia (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Malaysia (+X% per year).

In value terms, China ($X) constituted the largest supplier of microwave oven to France, comprising X% of total imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2007 to 2020, the average annual growth rate of value from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Germany (+X% per year).

Import Prices by Country

In 2020, the average microwave oven import price amounted to $X per unit, remaining constant against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% y-o-y. The import price peaked at $X per unit in 2008; however, from 2009 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Malaysia, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform