Market for Electric Oven And Cooker in the European Union
Market Overview
The EU electric oven and cooker market dropped modestly to $
in , waning by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The total consumption indicated a measured expansion from 2007 to : its value increased at an average annual rate of +% over the last fourteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2016 indices. As a result, consumption reached the peak level of $, and then fell modestly in the following year.
In value terms, electric oven and cooker production contracted to $ in estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when the production volume increased by % against the previous year. The level of production peaked at $ in , and then dropped in the following year.
Poland ( units) constituted the country with the largest volume of electric oven and cooker production, accounting for % of total volume. Moreover, electric oven and cooker production in Poland exceeded the figures recorded by the second-largest producer, Germany ( units), twofold. The third position in this ranking was held by Italy ( units), with a % share.
From 2007 to, the average annual rate of growth in terms of volume in Poland totaled +%. The remaining producing countries recorded the following average annual rates of production growth: Germany (-% per year) and Italy (-% per year).
in , waning by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The total consumption indicated a measured expansion from 2007 to : its value increased at an average annual rate of +% over the last fourteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2016 indices. As a result, consumption reached the peak level of $, and then fell modestly in the following year.In value terms, electric oven and cooker production contracted to $
in estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when the production volume increased by % against the previous year. The level of production peaked at $ in , and then dropped in the following year.Poland (
units) constituted the country with the largest volume of electric oven and cooker production, accounting for % of total volume. Moreover, electric oven and cooker production in Poland exceeded the figures recorded by the second-largest producer, Germany ( units), twofold. The third position in this ranking was held by Italy ( units), with a % share.From 2007 to
, the average annual rate of growth in terms of volume in Poland totaled +%. The remaining producing countries recorded the following average annual rates of production growth: Germany (-% per year) and Italy (-% per year).Consumption
In , consumption of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters increased by % to units, rising for the fifth consecutive year after two years of decline. The total consumption indicated a tangible increase from 2007 to : its volume increased at an average annual rate of +% over the last fourteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2016 indices. The volume of consumption peaked in and is likely to see gradual growth in years to come.
The size of the electric oven and cooker market in the European Union shrank to $ in , waning by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The total consumption indicated a temperate increase from 2007 to : its value increased at an average annual rate of +% over the last fourteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2016 indices. As a result, consumption reached the peak level of $, and then shrank in the following year.
, consumption of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters increased by % to units, rising for the fifth consecutive year after two years of decline. The total consumption indicated a tangible increase from 2007 to : its volume increased at an average annual rate of +% over the last fourteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2016 indices. The volume of consumption peaked in and is likely to see gradual growth in years to come.The size of the electric oven and cooker market in the European Union shrank to $
in , waning by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The total consumption indicated a temperate increase from 2007 to : its value increased at an average annual rate of +% over the last fourteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2016 indices. As a result, consumption reached the peak level of $, and then shrank in the following year.Consumption by Country
The countries with the highest volumes of in were France ( units), Germany ( units) and Poland ( units), with a combined % share of total consumption. These countries were followed by Italy, the Netherlands, Spain, Belgium, Greece, Portugal, Slovenia, Austria, Romania and Denmark, which together accounted for a further %.
From 2007 to, the biggest increases were in Slovenia (with a CAGR of +%), while consumption for the other leaders experienced more modest paces of growth.
In value terms, France ($), Germany ($) and Poland ($) constituted the countries with the highest levels of market value in , with a combined % share of the total market. Italy, the Netherlands, Belgium, Spain, Denmark, Austria, Slovenia, Portugal, Greece and Romania lagged somewhat behind, together accounting for a further %.
Slovenia, with a CAGR of +%, saw the highest growth rate of market size, among the main consuming countries over the period under review, while market for the other leaders experienced more modest paces of growth.
In, the highest levels of electric oven and cooker per capita consumption was registered in Slovenia ( units per persons), followed by the Netherlands ( units per persons), Denmark ( units per persons) and Poland ( units per persons), while the world average per capita consumption of electric oven and cooker was estimated at units per persons.
In Slovenia, electric oven and cooker per capita consumption increased at an average annual rate of +% over the period from 2007-. In the other countries, the average annual rates were as follows: the Netherlands (+% per year) and Denmark (+% per year).
were France ( units), Germany ( units) and Poland ( units), with a combined % share of total consumption. These countries were followed by Italy, the Netherlands, Spain, Belgium, Greece, Portugal, Slovenia, Austria, Romania and Denmark, which together accounted for a further %.From 2007 to
, the biggest increases were in Slovenia (with a CAGR of +%), while consumption for the other leaders experienced more modest paces of growth.In value terms, France ($
), Germany ($) and Poland ($) constituted the countries with the highest levels of market value in , with a combined % share of the total market. Italy, the Netherlands, Belgium, Spain, Denmark, Austria, Slovenia, Portugal, Greece and Romania lagged somewhat behind, together accounting for a further %.Slovenia, with a CAGR of +
%, saw the highest growth rate of market size, among the main consuming countries over the period under review, while market for the other leaders experienced more modest paces of growth.In
, the highest levels of electric oven and cooker per capita consumption was registered in Slovenia ( units per persons), followed by the Netherlands ( units per persons), Denmark ( units per persons) and Poland ( units per persons), while the world average per capita consumption of electric oven and cooker was estimated at units per persons.In Slovenia, electric oven and cooker per capita consumption increased at an average annual rate of +
% over the period from 2007-. In the other countries, the average annual rates were as follows: the Netherlands (+% per year) and Denmark (+% per year).Market Forecast
Driven by increasing demand for electric oven and cooker in the European Union, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to units by the end of .
% for the period from to , which is projected to bring the market volume to units by the end of .
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