Ethiopia: 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 Ethiopia

After two years of growth, the Ethiopian electric oven and cooker market decreased by X% to $X in 2022. In general, consumption, however, enjoyed a moderate increase. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

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

Exports from Ethiopia

In 2022, the amount of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters exported from Ethiopia dropped notably to X units, with a decrease of X% compared with the previous year's figure. Over the period under review, exports, however, enjoyed a modest increase. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, electric oven and cooker exports contracted notably to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Switzerland (X units) was the main destination for electric oven and cooker exports from Ethiopia, with a X% share of total exports. Moreover, electric oven and cooker exports to Switzerland exceeded the volume sent to the second major destination, the United States (X units), threefold. The third position in this ranking was held by Kenya (X units), with an X% share.

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

In value terms, Switzerland ($X) emerged as the key foreign market for electric ovens, cookers, cooking plates, boiling rings, grillers and roasters exports from Ethiopia, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports. It was followed by Kenya, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Switzerland totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Kenya (X% per year).

Export Prices by Country

In 2022, the average electric oven and cooker export price amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the export price saw a mild reduction. The pace of growth was the most pronounced in 2019 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were the Philippines ($X per unit) and the Netherlands ($X per unit), while the average price for exports to Nigeria ($X per unit) and Cote d'Ivoire ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (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 Ethiopia

After two years of growth, purchases abroad of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters decreased by X% to X units in 2022. Overall, imports, however, posted modest growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, imports attained the peak of X units. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, electric oven and cooker imports reduced slightly to $X in 2022. Over the period under review, imports, however, enjoyed a tangible expansion. The most prominent rate of growth was recorded in 2016 when imports increased by X%. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X units), Turkey (X units) and Italy (X units) were the main suppliers of electric oven and cooker imports to Ethiopia, together comprising X% of total imports. South Africa lagged somewhat behind, 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 South Africa (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest electric oven and cooker suppliers to Ethiopia were China ($X), Turkey ($X) and Italy ($X), with a combined X% share of total imports. South Africa lagged somewhat behind, comprising a further X%.

South Africa, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average electric oven and cooker import price stood at $X per unit in 2022, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Turkey ($X per unit) and China ($X per unit), while the price for South Africa ($X per unit) and Italy ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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