Saudi Arabia: Domestic Toaster Market Overview 2021

Domestic Toaster Market Size in Saudi Arabia

The Saudi domestic toaster market shrank rapidly to $X in 2019, reducing by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption faced a sharp descent. The most prominent rate of growth was recorded in 2015 when the market value increased by X% y-o-y. As a result, consumption reached the peak level of $X. From 2016 to 2019, the growth of the market failed to regain the momentum.

Domestic Toaster Exports

Exports from Saudi Arabia

In 2019, shipments abroad of domestic electric toasters increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports showed a significant increase. The pace of growth was the most pronounced in 2011 when exports increased by X% year-to-year. Exports peaked at X units in 2013; however, from 2014 to 2019, exports remained at a lower figure.

In value terms, domestic toaster exports fell slightly to $X in 2019. Overall, exports showed significant growth. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, exports attained the maximum at $X in 2012; however, from 2013 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Ghana (X units) was the main destination for domestic toaster exports from Saudi Arabia, accounting for a X% share of total exports. Moreover, domestic toaster exports to Ghana exceeded the volume sent to the second major destination, South Africa (X units), twofold.

From 2007 to 2019, the average annual rate of growth in terms of volume to Ghana totaled +X%.

In value terms, Ghana ($X) remains the key foreign market for domestic toaster exports from Saudi Arabia, comprising X% of total exports. The second position in the ranking was occupied by South Africa ($X), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of value to Ghana stood at +X%.

Export Prices by Country

In 2019, the average domestic toaster export price amounted to $X per unit, waning by -X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 when the average export price increased by X% against the previous year. As a result, export price attained the peak level of $X per unit. From 2013 to 2019, the growth in terms of the average export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Ghana ($X per unit), while the average price for exports to South Africa amounted to $X per unit.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Ghana.

Domestic Toaster Imports

Imports into Saudi Arabia

In 2019, after two years of growth, there was significant decline in overseas purchases of domestic electric toasters, when their volume decreased by -X% to X units. Overall, imports faced a significant curtailment. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2016 to 2019, the growth imports remained at a lower figure.

In value terms, domestic toaster imports dropped notably to $X in 2019. Over the period under review, imports saw a sharp setback. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2019, the growth imports remained at a lower figure.

Imports by Country

South Africa (X units), Italy (X units) and the U.S. (X units) were the main suppliers of domestic toaster imports to Saudi Arabia, with a combined X% share of total imports.

From 2007 to 2019, the biggest increases were in South Africa (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest domestic toaster suppliers to Saudi Arabia were Italy ($X), South Africa ($X) and the U.S. ($X), with a combined X% share of total imports.

Among the main suppliers, South Africa (+X% per year) 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 average domestic toaster import price stood at $X per unit in 2019, rising by X% against the previous year. In general, import price indicated buoyant growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2007 to 2019, 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 a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for domestic electric toasters in the world?

+

China (26M units) remains the largest domestic toaster consuming country worldwide, comprising approx. 25% of total volume. Moreover, domestic toaster consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (13M units), twofold. The third position in this ranking was occupied by Japan (6.2M units), with a 6% share.

What are the largest producers of domestic electric toasters in the world?

+

China (112M units) remains the largest domestic toaster producing country worldwide, accounting for 81% of total volume. Moreover, domestic toaster production in China exceeded the figures recorded by the second-largest producer, Russia (4.6M units), more than tenfold. Ethiopia (3.2M units) ranked third in terms of total production with a 2.3% share.

What are the leading suppliers of domestic electric toasters to Saudi Arabia?

+

In value terms, the largest domestic toaster suppliers to Saudi Arabia were Italy ($35K), South Africa ($22K) and the U.S. ($9K), with a combined 80% share of total imports.

What are the leading importers of domestic electric toasters from Saudi Arabia?

+

In value terms, Ghana ($20K) remains the key foreign market for domestic toaster exports from Saudi Arabia, comprising 79% of total exports. The second position in the ranking was occupied by South Africa ($2.6K), with a 10% share of total exports.

What is the average export price for domestic electric toasters in Saudi Arabia?

+

The average domestic toaster export price stood at $14 per unit in 2019, dropping by -13.7% against the previous year.

What is the average import price for domestic electric toasters in Saudi Arabia?

+

The average domestic toaster import price stood at $13 per unit in 2019, picking up by 57% against the previous year.