Russian Federation: Microwave Oven Market 2024

Microwave Oven Market Size in the Russian Federation

The Russian microwave oven market shrank to $X in 2022, which is down by X% against the previous year. Overall, consumption saw a noticeable contraction. Microwave oven consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Microwave Oven Production in the Russian Federation

In value terms, microwave oven production rose sharply to $X in 2022 estimated in export price. In general, production showed a noticeable descent. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Microwave Oven Exports

Exports from the Russian Federation

In 2022, shipments abroad of microwave ovens decreased by X% to X units for the first time since 2016, thus ending a five-year rising trend. Over the period under review, exports, however, showed prominent growth. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The exports peaked at X units in 2021, and then contracted in the following year.

In value terms, microwave oven exports fell to $X in 2022. In general, exports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2021, and then reduced in the following year.

Exports by Country

Kazakhstan (X units) was the main destination for microwave oven exports from Russia, with a X% share of total exports. Moreover, microwave oven exports to Kazakhstan exceeded the volume sent to the second major destination, Kyrgyzstan (X units), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Kazakhstan totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (X% per year) and Tajikistan (X% per year).

In value terms, Kazakhstan ($X) emerged as the key foreign market for microwave ovens exports from Russia, comprising X% of total exports. The second position in the ranking was held by Kyrgyzstan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Kazakhstan stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (X% per year) and Tajikistan (X% per year).

Export Prices by Country

In 2022, the average microwave oven export price amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per unit), while the average price for exports to Tajikistan ($X per unit) was amongst the lowest.

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

Microwave Oven Imports

Imports into the Russian Federation

In 2022, the amount of microwave ovens imported into Russia fell modestly to X units, which is down by X% on the year before. Overall, imports, however, showed modest growth. The growth pace was the most rapid in 2018 when imports increased by X%. Imports peaked at X units in 2021, and then fell modestly in the following year.

In value terms, microwave oven imports shrank to $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Imports peaked at $X in 2021, and then shrank in the following year.

Imports by Country

In 2022, China (X units) constituted the largest microwave oven supplier to Russia, accounting for a X% share of total imports. Moreover, microwave oven imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X units), more than tenfold. The third position in this ranking was taken by Kazakhstan (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and Kazakhstan (X% per year).

In value terms, China ($X) constituted the largest supplier of microwave ovens to Russia, comprising X% of total imports. The second position in the ranking was held by Malaysia ($X), with an X% share of total imports. It was followed by Kazakhstan, with a X% share.

From 2012 to 2022, 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: Malaysia (X% per year) and Kazakhstan (X% per year).

Import Prices by Country

In 2022, the average microwave oven import price amounted to $X per unit, reducing by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2018 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :