Overview of the Market for Electric Oven And Cooker in Romania
In value terms, electric oven and cooker production reduced slightly to $ in estimated in export prices. In general, production, however, recorded a perceptible decrease. The pace of growth was the most pronounced in 2019 with an increase of % against the previous year. Electric oven and cooker production peaked at $ in 2008; however, from 2009 to , production stood at a somewhat lower figure.
The revenue of the electric oven and cooker market in Romania shrank slightly to $ in , dropping 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 market value increased at an average annual rate of +% from 2007 to ; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2008 when the market value increased by % year-to-year. Over the period under review, the market reached the peak level at $ in 2019, and then reduced slightly in the following year.