Japan: 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 Japan

In 2022, the Japanese electric oven and cooker market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, saw a relatively flat trend pattern. Electric oven and cooker consumption peaked at $X in 2021, and then declined sharply in the following year.

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

Exports from Japan

In 2022, shipments abroad of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters increased by X% to X units, rising for the second year in a row after three years of decline. Overall, exports showed strong growth. The pace of growth was the most pronounced in 2014 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, electric oven and cooker exports expanded significantly to $X in 2022. In general, exports saw a resilient increase. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Vietnam (X units), Hong Kong SAR (X units) and Germany (X units) were the main destinations of electric oven and cooker exports from Japan, with a combined X% share of total exports. Taiwan (Chinese), Cambodia and Indonesia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Indonesia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electric oven and cooker exported from Japan were Vietnam ($X), Hong Kong SAR ($X) and Germany ($X), together accounting for X% of total exports. Taiwan (Chinese), Cambodia and Indonesia lagged somewhat behind, together comprising a further X%.

Indonesia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of 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

In 2022, the average electric oven and cooker export price amounted to $X per unit, falling by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2021, and then fell in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Cambodia ($X per unit) and Taiwan (Chinese) ($X per unit), while the average price for exports to Hong Kong SAR ($X per unit) and Vietnam ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (X%), while the prices for the other major destinations experienced a decline.

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

Imports into Japan

After three years of growth, supplies from abroad of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters decreased by X% to X units in 2022. Overall, total imports indicated a slight expansion from 2012 to 2022: its volume 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. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2021, and then fell remarkably in the following year.

In value terms, electric oven and cooker imports dropped notably to $X in 2022. Over the period under review, total imports indicated mild 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. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Imports peaked at $X in 2021, and then fell markedly in the following year.

Imports by Country

In 2022, China (X units) was the main supplier of electric oven and cooker to Japan, with a X% share of total imports. It was followed by Germany (X units), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%.

In value terms, China ($X) constituted the largest supplier of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters to Japan, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China stood at X%.

Import Prices by Country

The average electric oven and cooker import price stood at $X per unit in 2022, increasing by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per unit), while the price for Germany amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%).

Source: IndexBox Platform

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