MERCOSUR: 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 MERCOSUR

The MERCOSUR electric oven and cooker market reduced rapidly to $X in 2022, waning by X% against the previous year. Over the period under review, consumption recorded a abrupt curtailment. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

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

In value terms, electric oven and cooker production dropped to $X in 2022 estimated in export price. In general, production, however, saw a deep downturn. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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

Exports in MERCOSUR

In 2022, shipments abroad of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters increased by X% to X units, rising for the third year in a row after two years of decline. Total exports indicated a strong increase 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 growth pace was the most rapid in 2021 with an increase of X%. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, electric oven and cooker exports amounted to $X in 2022. The total export value 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 appeared the most rapid in 2021 with an increase of X%. The level of export peaked in 2022 and is likely to see gradual growth in the immediate term.

Exports by Country

Brazil was the main exporting country with an export of about X units, which recorded X% of total exports. It was distantly followed by Colombia (X units) and Ecuador (X units), together committing a X% share of total exports. Chile (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to electric oven and cooker exports from Brazil stood at X%. At the same time, Ecuador (X%) displayed positive paces of growth. Moreover, Ecuador emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, Colombia (X%) and Chile (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Brazil and Ecuador increased by X and X percentage points, respectively.

In value terms, Brazil ($X) remains the largest electric oven and cooker supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Chile ($X), with an X% share of total exports. It was followed by Colombia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Brazil amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Chile (X% per year) and Colombia (X% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per unit, approximately equating the previous year. Overall, the export price recorded a noticeable reduction. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Chile ($X per unit), while Colombia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (X%), while the other leaders experienced a decline in the export price figures.

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

Imports in MERCOSUR

In 2022, supplies from abroad of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports reached the peak of X units, and then contracted dramatically in the following year.

In value terms, electric oven and cooker imports fell notably to $X in 2022. Total imports indicated a tangible increase 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 2019 indices. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then dropped remarkably in the following year.

Imports by Country

Brazil represented the major importer of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters in MERCOSUR, with the volume of imports finishing at X units, which was approx. X% of total imports in 2022. Chile (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Argentina (X%) and Peru (X%). The following importers - Venezuela (X units), Colombia (X units) and Uruguay (X units) - each accounted for a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to electric oven and cooker imports into Brazil stood at X%. At the same time, Chile (X%), Colombia (X%), Peru (X%) and Argentina (X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. Uruguay experienced a relatively flat trend pattern. By contrast, Venezuela (X%) illustrated a downward trend over the same period. Chile (X p.p.) and Peru (X p.p.) significantly strengthened its position in terms of the total imports, while Brazil saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X), Chile ($X) and Argentina ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Chile, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MERCOSUR stood at $X per unit in 2022, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The level of import peaked at $X per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Colombia ($X per unit), while Brazil ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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