United Kingdom - Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters - Market Analysis, Forecast, Size, Trends and Insights
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View PricingImport of UK Electric Ovens and Cookers Soars to $96M in October 2023
United Kingdom Electric Oven And Cooker Imports
In October 2023, overseas purchases of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters increased by 14% to 1.1M units, rising for the third month in a row after two months of decline. Overall, imports enjoyed a notable increase. The most prominent rate of growth was recorded in December 2022 when imports increased by 106% against the previous month. As a result, imports reached the peak of 2M units. From January 2023 to October 2023, the growth of imports remained at a somewhat lower figure.
In value terms, electric oven and cooker imports expanded sharply to $96M (IndexBox estimates) in October 2023. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2023 when imports increased by 31% month-to-month. As a result, imports attained the peak of $105M. From June 2023 to October 2023, the growth of imports remained at a lower figure.
| COUNTRY | Import Value of Electric Oven And Cooker in United Kingdom (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | Oct 2023 | |
| China | 22.0 | 34.4 | 34.4 | 31.5 | 31.7 | 29.2 | 29.6 | 41.0 | 34.6 | 32.2 | 32.3 | 33.9 | 42.5 |
| Germany | 16.5 | 15.6 | 15.0 | 15.9 | 17.4 | 18.0 | 12.1 | 20.5 | 13.1 | 13.7 | 7.9 | 10.2 | 12.9 |
| Turkey | 16.3 | 14.5 | 16.8 | 12.6 | 12.0 | 17.2 | 11.8 | 15.8 | 13.9 | 15.5 | 14.7 | 14.2 | 12.0 |
| Poland | 10.8 | 9.7 | 8.9 | 11.5 | 10.0 | 12.2 | 11.3 | 11.0 | 10.6 | 7.8 | 7.1 | 9.0 | 11.1 |
| Italy | 5.6 | 6.9 | 5.6 | 4.7 | 6.8 | 6.7 | 5.1 | 5.0 | 4.8 | 4.9 | 3.9 | 4.9 | 5.8 |
| Others | 15.3 | 12.7 | 10.8 | 12.4 | 8.6 | 10.9 | 10.1 | 11.8 | 13.5 | 10.2 | 11.0 | 13.5 | 12.0 |
| Total | 86.4 | 93.8 | 91.5 | 88.6 | 86.5 | 94.2 | 80.0 | 105 | 90.5 | 84.3 | 77.0 | 85.8 | 96.4 |
Imports by Country
In October 2023, China (899K units) constituted the largest supplier of electric oven and cooker to the UK, with a 79% share of total imports. Moreover, electric oven and cooker imports from China exceeded the figures recorded by the second-largest supplier, Turkey (75K units), more than tenfold. The third position in this ranking was held by Poland (49K units), with a 4.3% share.
From October 2022 to October 2023, the average monthly growth rate of volume from China totaled +4.5%. The remaining supplying countries recorded the following average monthly rates of imports growth: Turkey (-3.0% per month) and Poland (-0.8% per month).
In value terms, China ($43M) constituted the largest supplier of electric oven and cooker to the UK, comprising 44% of total imports. The second position in the ranking was held by Germany ($13M), with a 13% share of total imports. It was followed by Turkey, with a 13% share.
From October 2022 to October 2023, the average monthly growth rate of value from China stood at +5.6%. The remaining supplying countries recorded the following average monthly rates of imports growth: Germany (-2.0% per month) and Turkey (-2.5% per month).
Import Prices by Country
In October 2023, the electric oven and cooker price stood at $84.7 per unit (CIF, United Kingdom), declining by -1.7% against the previous month. Over the period under review, the import price continues to indicate a slight downturn. The growth pace was the most rapid in January 2023 when the average import price increased by 80% month-to-month. Over the period under review, average import prices attained the peak figure at $109 per unit in March 2023; however, from April 2023 to October 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($367 per unit), while the price for China ($47.3 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Italy (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the market for electric oven and cooker in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27512810 - Domestic electric cookers with at least an oven and a hob (including combined gas-electric appliances)
- Prodcom 27512830 - Electric cooking plates, boiling rings and hobs for domestic use
- Prodcom 27512850 - Domestic electric grills and roasters
- Prodcom 27512870 - Domestic electric ovens for building-in
- Prodcom 27512890 - Domestic electric ovens (excluding those for building-in, m icrowave ovens)
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
