Russian Federation: 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 the Russian Federation

In 2022, the Russian electric oven and cooker market decreased by X% to $X for the first time since 2015, thus ending a six-year rising trend. In general, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Production of Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters in the Russian Federation

In value terms, electric oven and cooker production expanded sharply to $X in 2022 estimated in export price. Overall, the total production indicated strong 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. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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

Exports from the Russian Federation

In 2022, the amount of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters exported from Russia contracted dramatically to X units, with a decrease of X% against the previous year's figure. Overall, total exports indicated a slight increase 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. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of X units, and then declined rapidly in the following year.

In value terms, electric oven and cooker exports contracted sharply to $X in 2022. Over the period under review, exports, however, posted a remarkable increase. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then contracted dramatically in the following year.

Exports by Country

Kazakhstan (X units) was the main destination for electric oven and cooker exports from Russia, with a X% share of total exports. Moreover, electric oven and cooker exports to Kazakhstan exceeded the volume sent to the second major destination, Tajikistan (X units), sevenfold. Kyrgyzstan (X units) ranked third in terms of total exports with a X% share.

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

In value terms, Kazakhstan ($X) remains the key foreign market for electric ovens, cookers, cooking plates, boiling rings, grillers and roasters exports from Russia, comprising X% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate 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 Germany (X% per year).

Export Prices by Country

The average electric oven and cooker export price stood at $X per unit in 2022, declining by X% against the previous year. In general, the export price, however, continues to indicate a resilient increase. The pace of growth was the most pronounced in 2017 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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

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

Imports into the Russian Federation

In 2022, after six years of growth, there was decline in purchases abroad of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters, when their volume decreased by X% to X units. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, electric oven and cooker imports fell to $X in 2022. Overall, imports continue to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest electric oven and cooker supplier to Russia, with a X% share of total imports. Moreover, electric oven and cooker imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), eightfold. Slovenia (X units) ranked third in terms of total imports 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: Turkey (X% per year) and Slovenia (X% per year).

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

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Slovenia (X% per year).

Import Prices by Country

In 2022, the average electric oven and cooker import price amounted to $X per unit, shrinking by X% against the previous year. Overall, the import price recorded a mild descent. The growth pace was the most rapid in 2015 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2016 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 China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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