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Latin America and the Caribbean - Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters - Market Analysis, Forecast, Size, Trends and Insights
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Latin America and the Caribbean: Overview of the Market for Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters 2021

Market Size for Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters in Latin America and the Caribbean

The Latin American electric oven and cooker market contracted to $X in 2020, falling by -X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2010 when the market value increased by X% against the previous year. The level of consumption peaked at $X in 2011; however, from 2012 to 2020, consumption remained at a lower figure.

Production of Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters in Latin America and the Caribbean

In value terms, electric oven and cooker production contracted to $X in 2020 estimated in export prices. Overall, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2011; however, from 2012 to 2020, production stood at a somewhat lower figure.

Production By Country in Latin America and the Caribbean

The countries with the highest volumes of electric oven and cooker production in 2020 were Brazil (X units), Mexico (X units) and Panama (X units), with a combined X% share of total production.

From 2007 to 2020, the biggest increases were in Brazil, while electric oven and cooker production for the other leaders experienced mixed trends in the production figures.

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

Exports in Latin America and the Caribbean

In 2020, exports of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters in Latin America and the Caribbean shrank slightly to X units, waning by -X% compared with the previous year. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, exports attained the peak of X units. from 2019 to 2020, the growth exports remained at a lower figure.

In value terms, electric oven and cooker exports amounted to $X in 2020. The total export value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, exports attained the maximum in 2020 and are likely to continue growth in the immediate term.

Exports by Country

Mexico prevails in electric oven and cooker exports structure, finishing at X units, which was near X% of total exports in 2020. Brazil (X units) held the second position in the ranking, followed by Panama (X units). All these countries together held approx. X% share of total exports.

Mexico experienced a relatively flat trend pattern with regard to volume of exports of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters. At the same time, Panama (+X%) and Brazil (+X%) displayed positive paces of growth. Moreover, Panama emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +X% from 2007-2020. Panama (+X p.p.) and Brazil (+X p.p.) significantly strengthened its position in terms of the total exports, while Mexico saw its share reduced by -X% from 2007 to 2020, respectively.

In value terms, Mexico ($X) remains the largest electric oven and cooker supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was occupied by Brazil ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value in Mexico stood at +X%. In the other countries, the average annual rates were as follows: Brazil (+X% per year) and Panama (+X% per year).

Export Prices by Country

The electric oven and cooker export price in Latin America and the Caribbean stood at $X per unit in 2020, with an increase of X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2010 an increase of X% year-to-year. The level of export peaked in 2020 and is expected to retain growth in years to come.

Prices varied noticeably by the country of origin; the country with the highest price was Mexico ($X per unit), while Brazil ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Mexico, while the other leaders experienced more modest paces of growth.

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

Imports in Latin America and the Caribbean

Electric oven and cooker imports totaled X units in 2020, growing by X% against the previous year. Over the period under review, imports posted a resilient expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. The volume of import peaked at X units in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

In value terms, electric oven and cooker imports reached $X in 2020. Total imports indicated a prominent increase 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, imports increased by +X% against 2016 indices. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. The level of import peaked at $X in 2015; however, from 2016 to 2020, imports remained at a lower figure.

Imports by Country

Chile (X units) and Mexico (X units) represented roughly X% of total imports of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters in 2020. Argentina (X units) ranks next in terms of the total imports with a X% share, followed by Peru (X%), Brazil (X%) and Colombia (X%). Costa Rica (X units) occupied a relatively small share of total imports.

From 2007 to 2020, the biggest increases were in Colombia, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Chile ($X) and Mexico ($X) were the countries with the highest levels of imports in 2020, together comprising X% of total imports. These countries were followed by Costa Rica, Peru, Argentina and Colombia, which together accounted for a further X terms of the main importing countries, Peru saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The electric oven and cooker import price in Latin America and the Caribbean stood at $X per unit in 2020, rising by X% against the previous year. In general, the import price, however, showed a pronounced downturn. The most prominent rate of growth was recorded in 2012 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. from 2013 to 2020, the growth in terms of the import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Costa Rica ($X per unit), while Mexico ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Peru, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electric ovens, cookers, cooking plates, boiling rings, grillers and roasters in LatAmerica and the Caribbean?
+
The countries with the highest volumes of electric oven and cooker consumption in 2020 were Brazil (9.2M units), Mexico (9M units) and Chile (1.7M units), with a combined 86% share of total consumption. These countries were followed by Argentina, Peru, Panama and Colombia, which together accounted for a further 10%.
What are the largest producers of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters in LatAmerica and the Caribbean?
+
The countries with the highest volumes of electric oven and cooker production in 2020 were Brazil (8.8M units), Mexico (8.5M units) and Panama (442K units), with a combined 99% share of total production.
What are the leading suppliers of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters in LatAmerica and the Caribbean?
+
In value terms, Mexico ($352M) remains the largest electric oven and cooker supplier in Latin America and the Caribbean, comprising 93% of total exports. The second position in the ranking was occupied by Brazil ($12M), with a 3.1% share of total exports.
What are the leading importers of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters in LatAmerica and the Caribbean?
+
In value terms, Brazil ($78M), Chile ($50M) and Mexico ($40M) constituted the countries with the highest levels of imports in 2020, with a combined 47% share of total imports. Costa Rica, Peru, Argentina and Colombia lagged somewhat behind, together accounting for a further 24%.
What is the average export price for electric ovens, cookers, cooking plates, boiling rings, grillers and roasters in LatAmerica and the Caribbean?
+
In 2020, the electric oven and cooker export price in Latin America and the Caribbean amounted to $300 per unit, surging by 6.6% against the previous year.
What is the average import price for electric ovens, cookers, cooking plates, boiling rings, grillers and roasters in LatAmerica and the Caribbean?
+
The electric oven and cooker import price in Latin America and the Caribbean stood at $54 per unit in 2020, with an increase of 4.1% against the previous year.

Product coverage:
• Prodcom 27512810 - Domestic electric cookers with at least an oven and a hob (including combined gas-electric appliances)
• Prodcom 27512830 - Electric cooking plates, boiling rings and hobs for domestic use
• Prodcom 27512850 - Domestic electric grills and roasters
• Prodcom 27512870 - Domestic electric ovens for building-in
• Prodcom 27512890 - Domestic electric ovens (excluding those for building-in, m icrowave ovens)

This report provides an in-depth analysis of the market for electric oven and cooker in Latin America and the Caribbean. 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:
• Anguilla
• Antigua and Barbuda
• Aruba
• Bahamas
• Barbados
• Belize
• Bolivia
• British Virgin Islands
• Cayman Islands
• Costa Rica
• Curacao
• Dominica
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Saint Kitts and Nevis
• Saint Lucia
• Saint Maarten (Dutch part)
• Saint Vincent and the Grenadines
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Latin America and the Caribbean, split by region and country
• Trade (exports and imports) in Latin America and the Caribbean
• 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
CONSUMPTION BY COUNTRY
3.3
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
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

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

The Largest Exporters on The Market and How They Succeed

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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Anguilla
• Antigua and Barbuda
• Argentina
• Aruba
• Bahamas
• Barbados
• Belize
• Bolivia
• Brazil
• British Virgin Islands
• Cayman Islands
• Chile
• Colombia
• Costa Rica
• Cuba
• Curacao
• Dominica
• Dominican Republic
• Ecuador
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Mexico
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Peru
• Saint Kitts and Nevis
• Saint Lucia
• Saint Vincent and the Grenadines
• Saint Maarten (Dutch part)
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands
• Uruguay
• Venezuela
• Puerto Rico
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, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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