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

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Market Size for Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters in Mexico

The Mexican electric oven and cooker market expanded to $X in 2020, surging 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 indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Electric oven and cooker consumption peaked in 2020 and is expected to retain growth in years to come.

Production of Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters in Mexico

In value terms, electric oven and cooker production expanded markedly to $X in 2020 estimated in export prices. Overall, the total production indicated temperate 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, production increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level in 2020 and is likely to see gradual growth in the near future.

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

Exports from Mexico

In 2020, approx. X units of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters were exported from Mexico; shrinking by -X% compared with 2019. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by X% y-o-y. As a result, exports attained the peak of X units. From 2019 to 2020, the growth exports remained at a somewhat 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 pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, exports hit record highs in 2020 and are likely to continue growth in the immediate term.

Exports by Country

The U.S. (X units) was the main destination for electric oven and cooker exports from Mexico, with a X% share of total exports. Moreover, electric oven and cooker exports to the U.S. exceeded the volume sent to the second major destination, Canada (X units), ninefold.

From 2007 to 2020, the average annual growth rate of volume to the U.S. was relatively modest.

In value terms, the U.S. ($X) remains the key foreign market for electric oven and cooker exports from Mexico, comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to the U.S. amounted to +X%.

Export Prices by Country

In 2020, the average electric oven and cooker export price amounted to $X per unit, surging by X% against the previous year. Overall, export price indicated moderate growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, electric oven and cooker export price increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2010 an increase of X% y-o-y. Over the period under review, average export prices attained the peak figure in 2020 and is likely to continue growth in the near future.

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

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

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

Imports into Mexico

In 2020, imports of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters into Mexico shrank rapidly to X units, falling by -X% against 2019 figures. Overall, imports continue to indicate a slight shrinkage. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2020, the growth imports remained at a lower figure.

In value terms, electric oven and cooker imports reduced to $X in 2020. Over the period under review, imports showed prominent growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at $X in 2019, and then contracted in the following year.

Imports by Country

In 2020, China (X units) constituted the largest electric oven and cooker supplier to Mexico, accounting for a X% share of total imports. Moreover, electric oven and cooker imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), eightfold.

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: Italy (-X% per year) and the U.S. (-X% per year).

In value terms, China ($X) constituted the largest supplier of electric oven and cooker to Mexico, comprising X% of total imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports.

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

Import Prices by Country

The average electric oven and cooker import price stood at $X per unit in 2020, picking up by X% against the previous year. Over the period under review, the import price posted buoyant growth. The growth pace was the most rapid in 2017 when the average import price increased by X% year-to-year. The import price peaked in 2020 and is expected to retain growth in the near future.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electric ovens, cookers, cooking plates, boiling rings, grillers and roasters in the world?
+
China (247M units) constituted the country with the largest volume of electric oven and cooker consumption, accounting for 50% of total volume. Moreover, electric oven and cooker consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (57M units), fourfold. The third position in this ranking was occupied by India (29M units), with a 5.8% share.
What are the largest producers of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters in the world?
+
China (329M units) constituted the country with the largest volume of electric oven and cooker production, accounting for 68% of total volume. Moreover, electric oven and cooker production in China exceeded the figures recorded by the second-largest producer, India (28M units), more than tenfold. The third position in this ranking was occupied by the U.S. (17M units), with a 3.6% share.
What are the leading suppliers of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters to Mexico?
+
In value terms, China ($31M) constituted the largest supplier of electric oven and cooker to Mexico, comprising 79% of total imports. The second position in the ranking was occupied by the U.S. ($4.7M), with a 12% share of total imports.
What are the leading importers of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters from Mexico?
+
In value terms, the U.S. ($307M) remains the key foreign market for electric oven and cooker exports from Mexico, comprising 87% of total exports. The second position in the ranking was occupied by Canada ($38M), with a 11% share of total exports.
What is the average export price for electric ovens, cookers, cooking plates, boiling rings, grillers and roasters in Mexico?
+
The average electric oven and cooker export price stood at $328 per unit in 2020, growing by 9.3% against the previous year.
What is the average import price for electric ovens, cookers, cooking plates, boiling rings, grillers and roasters in Mexico?
+
The average electric oven and cooker import price stood at $83 per unit in 2020, picking up by 16% 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 Mexico. 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:
• Mexico

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Mexico
• 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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