Germany: Microwave Oven Market Overview 2021

Microwave Oven Market Size in Germany

In 2019, the German microwave oven market increased by X% to $X, rising for the third consecutive year after five years of decline. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, the market attained the maximum level at $X in 2011; however, from 2012 to 2019, consumption remained at a lower figure.

Microwave Oven Production in Germany

In value terms, microwave oven production surged to $X in 2019 estimated in export prices. In general, production continues to indicate a notable increase. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, production hit record highs in 2019 and is likely to continue growth in the near future.

Microwave Oven Exports

Exports from Germany

In 2019, overseas shipments of microwave ovens increased by X% to X units, rising for the third consecutive year after three years of decline. Over the period under review, exports, however, showed a pronounced contraction. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. Exports peaked at X units in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

In value terms, microwave oven exports rose markedly to $X in 2019. In general, exports, however, saw a perceptible curtailment. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. Exports peaked at $X in 2008; however, from 2009 to 2019, exports remained at a lower figure.

Exports by Country

Austria (X units), France (X units) and Poland (X units) were the main destinations of microwave oven exports from Germany, together accounting for X% of total exports. These countries were followed by Sweden, Italy, Russia, the Netherlands, Belgium, Spain, Switzerland, Hungary, the Czech Republic and Denmark, which together accounted for a further X 2007 to 2019, the biggest increases were in Hungary, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for microwave oven exported from Germany were France ($X), Sweden ($X) and Austria ($X), with a combined X% share of total exports. Russia, Poland, Belgium, the Netherlands, Italy, Spain, Switzerland, the Czech Republic, Denmark and Hungary lagged somewhat behind, together comprising a further X recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average microwave oven export price stood at $X per unit in 2019, with a decrease of -X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% year-to-year. Over the period under review, average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Sweden ($X per unit), while the average price for exports to Hungary ($X per unit) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Sweden, while the prices for the other major destinations experienced more modest paces of growth.

Microwave Oven Imports

Imports into Germany

In 2019, imports of microwave ovens into Germany shrank markedly to X units, falling by -X% on the previous year. Over the period under review, imports showed a abrupt setback. The pace of growth appeared the most rapid in 2018 when imports increased by X% year-to-year. Imports peaked at X units in 2008; however, from 2009 to 2019, imports stood at a somewhat lower figure.

In value terms, microwave oven imports declined markedly to $X in 2019. Overall, imports saw a abrupt decline. The growth pace was the most rapid in 2018 when imports increased by X% y-o-y. Over the period under review, imports reached the peak figure at $X in 2008; however, from 2009 to 2019, imports stood at a somewhat lower figure.

Imports by Country

The UK (X units), the Netherlands (X units) and Poland (X units) were the main suppliers of microwave oven imports to Germany, with a combined X% share of total imports.

From 2007 to 2019, the biggest increases were in Poland (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

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

From 2007 to 2019, the average annual rate of growth in terms of value from the UK stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Poland (+X% per year).

Import Prices by Country

The average microwave oven import price stood at $X per unit in 2019, shrinking by -X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2010 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Italy ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2007 to 2019, 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

Frequently Asked Questions (FAQ) :

What are the largest markets for microwave ovens in the world?

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The countries with the highest volumes of microwave oven consumption in 2019 were China (39M units), the U.S. (22M units) and Japan (10M units), with a combined 52% share of global consumption. India, Brazil, Germany, France, South Korea, the UK, Italy, Mexico and Spain lagged somewhat behind, together accounting for a further 25%.

What are the largest producers of microwave ovens in the world?

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China (91M units) constituted the country with the largest volume of microwave oven production, comprising approx. 63% of total volume. Moreover, microwave oven production in China exceeded the figures recorded by the second-largest producer, Japan (8.3M units), more than tenfold. Malaysia (7.9M units) ranked third in terms of total production with a 5.4% share.

What are the leading suppliers of microwave ovens to Germany?

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In value terms, the UK ($61M) constituted the largest supplier of microwave oven to Germany, comprising 62% of total imports. The second position in the ranking was occupied by the Netherlands ($9M), with a 9.1% share of total imports. It was followed by Poland, with a 8.5% share.

What are the leading importers of microwave ovens from Germany?

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In value terms, France ($16M), Sweden ($13M) and Austria ($13M) constituted the largest markets for microwave oven exported from Germany worldwide, with a combined 33% share of total exports. These countries were followed by Russia, Poland, Belgium, the Netherlands, Italy, Spain, Switzerland, the Czech Republic, Denmark and Hungary, which together accounted for a further 47%.

What is the average export price for microwave ovens in Germany?

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In 2019, the average microwave oven export price amounted to $64 per unit, reducing by -13% against the previous year.

What is the average import price for microwave ovens in Germany?

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The average microwave oven import price stood at $66 per unit in 2019, which is down by -5% against the previous year.