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Ireland - Microwave Ovens - Market Analysis, Forecast, Size, Trends and Insights
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Ireland: Microwave Oven Market Overview 2021

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Microwave Oven Market Size in Ireland

After two years of growth, the Irish microwave oven market decreased by -X% to $X in 2020. Overall, the total consumption indicated modest growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2018 when the market value increased by X% against the previous year. Microwave oven consumption peaked at $X in 2019, and then declined in the following year.

Microwave Oven Exports

Exports from Ireland

Microwave oven exports from Ireland skyrocketed to X units in 2020, increasing by X% on the previous year's figure. Over the period under review, exports recorded a strong increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, exports hit record highs in 2020 and are expected to retain growth in the near future.

In value terms, microwave oven exports skyrocketed to $X in 2020. In general, exports posted moderate growth. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure at $X in 2009; however, from 2010 to 2020, exports remained at a lower figure.

Exports by Country

The UK (X units) was the main destination for microwave oven exports from Ireland, accounting for a X% share of total exports. Moreover, microwave oven exports to the UK exceeded the volume sent to the second major destination, Germany (X units), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume to the UK amounted to +X%.

In value terms, the UK ($X) remains the key foreign market for microwave oven exports from Ireland, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to the UK totaled +X%.

Export Prices by Country

In 2020, the average microwave oven export price amounted to $X per unit, with a decrease of -X% against the previous year. In general, the export price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, export price reached the peak level of $X per unit. From 2015 to 2020, the growth in terms of the average export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2020, the country with the highest price was the UK ($X per unit), while the average price for exports to Germany totaled $X per unit.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the UK.

Microwave Oven Imports

Imports into Ireland

After two years of growth, purchases abroad of microwave ovens decreased by -X% to X units in 2020. In general, imports, however, posted perceptible growth. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Imports peaked at X units in 2019, and then declined in the following year.

In value terms, microwave oven imports totaled $X in 2020. Overall, imports, however, showed slight growth. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2020 and are expected to retain growth in the near future.

Imports by Country

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

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

In value terms, the largest microwave oven suppliers to Ireland were China ($X), the UK ($X) and Germany ($X), together comprising X% of total imports. Italy lagged somewhat behind, comprising a further X saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average microwave oven import price stood at $X per unit in 2020, surging by X% against the previous year. In general, the import price, however, recorded a noticeable curtailment. The pace of growth was the most pronounced in 2008 when the average import price increased by X% y-o-y. As a result, import price attained the peak level of $X per unit. From 2009 to 2020, the growth in terms of the average import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; 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 Germany, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for microwave ovens in the world?
+
The countries with the highest volumes of microwave oven consumption in 2020 were the U.S. (45M units), China (36M units) and Japan (18M units), together accounting for 59% of global consumption. These countries were followed by India, the UK, Brazil, France, Spain, Russia, Turkey and Italy, which together accounted for a further 22%.
What are the largest producers of microwave ovens in the world?
+
The country with the largest volume of microwave oven production was China (87M units), comprising approx. 64% of total volume. Moreover, microwave oven production in China exceeded the figures recorded by the second-largest producer, Japan (8.9M units), tenfold. Malaysia (8.2M units) ranked third in terms of total production with a 6% share.
What are the leading suppliers of microwave ovens to Ireland?
+
In value terms, the largest microwave oven suppliers to Ireland were China ($7.4M), the UK ($5.7M) and Germany ($684K), together comprising 91% of total imports. Italy lagged somewhat behind, accounting for a further 4.3%.
What are the leading importers of microwave ovens from Ireland?
+
In value terms, the UK ($1.1M) remains the key foreign market for microwave oven exports from Ireland, comprising 93% of total exports. The second position in the ranking was occupied by Germany ($52K), with a 4.5% share of total exports.
What is the average export price for microwave ovens in Ireland?
+
In 2020, the average microwave oven export price amounted to $33 per unit, falling by -26.8% against the previous year.
What is the average import price for microwave ovens in Ireland?
+
The average microwave oven import price stood at $41 per unit in 2020, growing by 5.9% against the previous year.

Product coverage:
• Prodcom 27512700 - Domestic microwave ovens

This report provides an in-depth analysis of the microwave oven market in Ireland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Ireland
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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