Overview of the Market for Electric Oven And Cooker in South Africa
In value terms, electric oven and cooker production fell markedly to $ in estimated in export prices. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of % year-to-year. Electric oven and cooker production peaked at $ in 2016; however, from 2017 to , production failed to regain the momentum.
The size of the electric oven and cooker market in South Africa shrank to $ in , declining 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). Over the period under review, consumption saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the market value increased by % y-o-y. Electric oven and cooker consumption peaked at $ in 2016; however, from 2017 to , consumption remained at a lower figure.