Estonia: 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 Estonia

The Estonian electric oven and cooker market contracted significantly to $X in 2022, waning by X% against the previous year. Over the period under review, consumption, however, recorded a pronounced expansion. Electric oven and cooker consumption peaked at $X in 2021, and then declined remarkably in the following year.

Production of Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters in Estonia

In value terms, electric oven and cooker production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production saw a prominent increase. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Electric oven and cooker production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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

Exports from Estonia

In 2022, overseas shipments of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports, however, saw a slight decline. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, electric oven and cooker exports fell to $X in 2022. Overall, exports, however, saw a noticeable contraction. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Armenia (X units) was the main destination for electric oven and cooker exports from Estonia, accounting for a X% share of total exports. Moreover, electric oven and cooker exports to Armenia exceeded the volume sent to the second major destination, Latvia (X units), twofold. The third position in this ranking was held by Finland (X units), with an X% share.

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

In value terms, the largest markets for electric oven and cooker exported from Estonia were Latvia ($X), Armenia ($X) and Poland ($X), with a combined X% share of total exports.

Among the main countries of destination, Poland, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

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. Over the period under review, the export price recorded a pronounced curtailment. The growth pace was the most rapid in 2020 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

In 2022, imports of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters into Estonia shrank remarkably to X units, waning by X% compared with the previous year. In general, imports, however, showed a slight increase. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, electric oven and cooker imports shrank to $X in 2022. Over the period under review, total imports indicated a tangible 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, imports increased by X% against 2018 indices. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then dropped in the following year.

Imports by Country

Poland (X units), Latvia (X units) and Lithuania (X units) were the main suppliers of electric oven and cooker imports to Estonia, together accounting for X% of total imports. Italy, Germany, Sweden, China, Slovakia, Turkey and Romania lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Latvia ($X) and Sweden ($X) constituted the largest electric oven and cooker suppliers to Estonia, with a combined X% share of total imports. Lithuania, Italy, Germany, Slovakia, Turkey, Romania and China lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Slovakia, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the average electric oven and cooker import price amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.

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

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

Source: IndexBox Platform

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