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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

In 2019, the Irish microwave oven market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, the total consumption indicated a slight expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Microwave oven consumption peaked in 2019 and is expected to retain growth in years to come.

Microwave Oven Exports

Exports from Ireland

In 2019, microwave oven exports from Ireland dropped rapidly to X units, waning by -X% compared with the previous year's figure. Over the period under review, exports, however, continue to indicate a notable expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Exports peaked at X units in 2009; however, from 2010 to 2019, exports stood at a somewhat lower figure.

In value terms, microwave oven exports shrank dramatically to $X in 2019. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Exports peaked at $X in 2009; however, from 2010 to 2019, exports stood at a somewhat lower figure.

Exports by Country

The UK (X units) was the main destination for microwave oven exports from Ireland, with a approx. X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of volume to the UK amounted to +X%.

In value terms, the UK ($X) also remains the key foreign market for microwave oven exports from Ireland.

From 2007 to 2019, the average annual rate of growth in terms of value to the UK was relatively modest.

Export Prices by Country

In 2019, the average microwave oven export price amounted to $X per unit, flattening at the previous year. Overall, the export price, however, recorded a noticeable decrease. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. As a result, export price attained the peak level of $X per unit. From 2015 to 2019, the growth in terms of the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2007 to 2019, the rate of growth in terms of prices for the UK amounted to -X% per year.

Microwave Oven Imports

Imports into Ireland

In 2019, overseas purchases of microwave ovens increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports posted a notable expansion. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. Imports peaked in 2019 and are expected to retain growth in the near future.

In value terms, microwave oven imports surged to $X in 2019. The total import value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked in 2019 and are expected to retain growth in years to come.

Imports by Country

In 2019, the UK (X units) constituted the largest supplier of microwave oven to Ireland, accounting for a X% share of total imports. Moreover, microwave oven imports from the UK exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), tenfold. The third position in this ranking was occupied by Poland (X units), with a X% share.

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

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

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

Import Prices by Country

The average microwave oven import price stood at $X per unit in 2019, reducing by -X% against the previous year. Over the period under review, the import price continues to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. As a result, import price attained the peak level of $X per unit. From 2009 to 2019, the growth in terms of the average import prices remained at a somewhat lower figure.

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 Poland, 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?
+
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), together comprising 52% of global consumption. These countries were followed by India, Brazil, Germany, France, South Korea, the UK, Italy, Mexico and Spain, which together accounted for a further 25%.
What are the largest producers of microwave ovens in the world?
+
China (91M units) constituted the country with the largest volume of microwave oven production, accounting for 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 Ireland?
+
In value terms, the UK ($13M) constituted the largest supplier of microwave oven to Ireland, comprising 86% of total imports. The second position in the ranking was occupied by the Netherlands ($630K), with a 4.2% share of total imports. It was followed by Italy, with a 3.5% share.
What are the leading importers of microwave ovens from Ireland?
+
In value terms, the UK ($705K) remains the key foreign market for microwave oven exports from Ireland.
What is the average export price for microwave ovens in Ireland?
+
The average microwave oven export price stood at $45 per unit in 2019, approximately reflecting the previous year.
What is the average import price for microwave ovens in Ireland?
+
The average microwave oven import price stood at $38 per unit in 2019, shrinking by -13.6% 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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
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, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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