EU: Domestic Electro-Thermic Appliances Market 2024

Domestic Electro-Thermic Appliances Market Size in the EU

In 2022, the EU domestic electro-thermic appliances market decreased by X% to $X for the first time since 2015, thus ending a six-year rising trend. 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 in certain years. As a result, consumption reached the peak level of $X, and then contracted in the following year.

Domestic Electro-Thermic Appliances Production in the EU

In value terms, domestic electro-thermic appliances production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The level of production peaked in 2022 and is expected to retain growth in years to come.

Domestic Electro-Thermic Appliances Exports

Exports in the EU

For the third year in a row, the European Union recorded growth in shipments abroad of domestic electro-thermic appliances, which increased by X% to X units in 2022. Total exports indicated strong growth from 2012 to 2022: its volume 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 2019 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, domestic electro-thermic appliances exports contracted to $X in 2022. Total exports indicated a strong 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 2015 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then declined slightly in the following year.

Exports by Country

Germany (X units) and the Netherlands (X units) represented the largest exporters of domestic electro-thermic appliances in 2022, reaching approx. X% and X% of total exports, respectively. Italy (X units) ranks next in terms of the total exports with a X% share, followed by France (X%), Spain (X%), Poland (X%) and Hungary (X%). The following exporters - Belgium (X units), Romania (X units), the Czech Republic (X units), Slovenia (X units), Slovakia (X units) and Austria (X units) - together made up X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and the Netherlands ($X) were the countries with the highest levels of exports in 2022, together comprising X% of total exports. Poland, France, Spain, Romania, Belgium, Hungary, Slovenia, Austria, the Czech Republic and Slovakia lagged somewhat behind, together comprising a further X%.

Romania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per unit in 2022, falling by X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X%. As a result, the export price attained the peak level of $X per unit, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Romania ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

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

Domestic Electro-Thermic Appliances Imports

Imports in the EU

After ten years of growth, supplies from abroad of domestic electro-thermic appliances decreased by X% to X units in 2022. Total imports indicated a buoyant expansion from 2012 to 2022: its volume 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 2012 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X units, and then shrank in the following year.

In value terms, domestic electro-thermic appliances imports declined slightly to $X in 2022. Total imports indicated a prominent 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 2015 indices. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of $X, leveling off in the following year.

Imports by Country

In 2022, Germany (X units), followed by the Netherlands (X units), France (X units), Spain (X units), Italy (X units), Poland (X units) and Belgium (X units) represented the main importers of domestic electro-thermic appliances, together generating X% of total imports. Hungary (X units), the Czech Republic (X units), Austria (X units), Sweden (X units), Slovakia (X units) and Portugal (X units) held a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) were the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Italy, Poland, Spain, Belgium, Sweden, Austria, Hungary, the Czech Republic, Slovakia and Portugal lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Slovakia, with a CAGR of X%, recorded 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

In 2022, the import price in the European Union amounted to $X per unit, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Sweden ($X per unit), while Spain ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :