U.S.: Domestic Toaster Market 2024

Domestic Toaster Market Size in the U.S.

After three years of growth, the U.S. domestic toaster market decreased by X% to $X in 2022. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Domestic toaster consumption peaked at $X in 2021, and then dropped in the following year.

Domestic Toaster Production in the U.S.

In value terms, domestic toaster production rose slightly to $X in 2022. Overall, production enjoyed tangible growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

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Domestic Toaster Exports

Exports from the U.S.

In 2022, approx. X units of domestic electric toasters were exported from the United States; waning by X% compared with 2021. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports reached the peak of X units, and then dropped in the following year.

In value terms, domestic toaster exports declined to $X in 2022. Overall, total exports indicated a perceptible expansion 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, exports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then contracted in the following year.

Exports by Country

Canada (X units) was the main destination for domestic toaster exports from the United States, accounting for a X% share of total exports. Moreover, domestic toaster exports to Canada exceeded the volume sent to the second major destination, Mexico (X units), sevenfold. The Dominican Republic (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 Canada totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and the Dominican Republic (X% per year).

In value terms, Canada ($X) remains the key foreign market for domestic electric toasters exports from the United States, comprising X% of total exports. The second position in the ranking was taken by Mexico ($X), with a X% share of total exports. It was followed by the Dominican Republic, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Canada stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and the Dominican Republic (X% per year).

Export Prices by Country

The average domestic toaster export price stood at $X per unit in 2022, rising by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per unit), while the average price for exports to Mexico ($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 Colombia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Domestic Toaster Imports

Imports into the U.S.

In 2022, 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. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Imports peaked at X units in 2021, and then shrank dramatically in the following year.

In value terms, domestic toaster imports reduced to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then contracted in the following year.

Imports by Country

In 2022, China (X units) was the main supplier of domestic toaster to the United States, with a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest.

In value terms, China ($X) constituted the largest supplier of domestic electric toasters to the United States.

From 2012 to 2022, the average annual rate of growth in terms of value from China was relatively modest.

Import Prices by Country

The average domestic toaster import price stood at $X per unit in 2022, increasing by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to X% per year.

Source: IndexBox Platform

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