Luxembourg - Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Electric Oven and Cooker in Luxembourg - 2023
Contents:
- Price for Electric Oven and Cooker in Luxembourg (CIF) - 2023
- Price for Electric Oven and Cooker in Luxembourg (FOB) - 2023
- Imports of Electric Oven and Cooker in Luxembourg
- Exports of Electric Oven and Cooker in Luxembourg
Price for Electric Oven and Cooker in Luxembourg (CIF) - 2023
In August 2023, the average electric oven and cooker import price amounted to $240 per unit, which is down by -5% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 7.8% m-o-m. The import price peaked at $260 per unit in March 2023; however, from April 2023 to August 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the highest price was recorded for prices from the Netherlands ($275 per unit) and Belgium ($242 per unit), while the price for France ($224 per unit) and Germany ($227 per unit) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electric Oven and Cooker in Luxembourg (FOB) - 2023
The average electric oven and cooker export price stood at $302 per unit in August 2023, falling by -10.2% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 when the average export price increased by 24% against the previous month. The export price peaked at $363 per unit in May 2023; however, from June 2023 to August 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was Germany ($369 per unit), while the average price for exports to France ($202 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electric Oven and Cooker in Luxembourg
For the fourth year in a row, Luxembourg recorded growth in purchases abroad of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters, which increased by 46% to 252K units in 2022. Over the period under review, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, electric oven and cooker imports shrank to $29M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +10.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 39%. Imports peaked at $33M in 2021, and then reduced in the following year.
| Import of Electric Oven and Cooker in Luxembourg (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 9.4 | 16.5 | 20.7 | 16.7 | 21.1% |
| Netherlands | 0.1 | 4.6 | 3.6 | 4.5 | 255.7% |
| France | 2.5 | 4.4 | 3.5 | 3.3 | 9.7% |
| Belgium | 1.7 | 3.7 | 4.5 | 3.3 | 24.7% |
| Austria | 0.2 | 0.2 | 0.5 | 0.7 | 51.8% |
| China | 0.7 | N/A | N/A | N/A | 0% |
| Others | 6.6 | 0.3 | 0.4 | 0.2 | -68.8% |
| Total | 21.4 | 29.7 | 33.2 | 28.8 | 10.4% |
Top Suppliers of Electric Oven and Cooker to Luxembourg in 2022:
- Netherlands (119.2K units)
- Germany (62.6K units)
- Belgium (27.7K units)
- Austria (25.2K units)
- France (14.2K units)
- China (1.3K units)
Exports of Electric Oven and Cooker in Luxembourg
In 2022, exports of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters from Luxembourg reached 74K units, with an increase of 3.9% on 2021 figures. Overall, exports saw a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 183%. As a result, the exports reached the peak of 80K units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, electric oven and cooker exports dropped to $19M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +19.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -9.2% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 89% against the previous year. As a result, the exports reached the peak of $21M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Electric Oven and Cooker in Luxembourg (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 10.0 | 19.3 | 16.0 | 14.5 | 13.2% |
| Belgium | 0.5 | 0.5 | 2.3 | 3.0 | 81.7% |
| France | 0.1 | 0.3 | 0.6 | 0.8 | 100.0% |
| Poland | 0.3 | 0.4 | 0.4 | 0.3 | 0.0% |
| Others | N/A | 0.1 | 0.4 | 0.2 | 41.4% |
| Total | 10.9 | 20.6 | 19.8 | 18.7 | 19.7% |
Top Export Markets for Electric Oven and Cooker from Luxembourg in 2022:
- Belgium (37.0K units)
- Germany (28.1K units)
- France (4.6K units)
- Poland (2.3K units)
This report provides an in-depth analysis of the market for electric oven and cooker in Luxembourg. 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 2030.
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)
Country coverage:
- Luxembourg
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Luxembourg
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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