Africa: 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 Africa

After five years of growth, the African electric oven and cooker market decreased by -3.1% to $X in 2022. The total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +37.7% against 2016 indices. The level of consumption peaked at $X in 2021, and then contracted modestly in the following year.

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

In value terms, electric oven and cooker production expanded slightly to $X in 2022 estimated in export price. The total production indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +8.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -2.3% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the production volume increased by 15%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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

Exports in Africa

In 2022, the amount of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters exported in Africa was estimated at X units, picking up by 13% compared with the year before. In general, exports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 60% against the previous year. The volume of export peaked in 2022 and is likely to see steady growth in the immediate term.

In value terms, electric oven and cooker exports amounted to $X in 2022. Over the period under review, exports, however, saw a slight setback. The pace of growth appeared the most rapid in 2021 with an increase of 23% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa prevails in exports structure, amounting to X units, which was approx. 88% of total exports in 2022. It was distantly followed by Zimbabwe (X units), generating a 5.7% share of total exports. The following exporters - Egypt (X units) and Botswana (X units) - each amounted to a 3% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to electric oven and cooker exports from South Africa stood at +6.9%. At the same time, Botswana (+20.8%) and Zimbabwe (+7.3%) displayed positive paces of growth. Moreover, Botswana emerged as the fastest-growing exporter exported in Africa, with a CAGR of +20.8% from 2012-2022. By contrast, Egypt (-7.5%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Africa increased by +7.3 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest electric oven and cooker supplier in Africa, comprising 85% of total exports. The second position in the ranking was taken by Zimbabwe ($X), with a 6.4% share of total exports. It was followed by Egypt, with a 3.5% share.

In South Africa, electric oven and cooker exports plunged by an average annual rate of -2.1% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Zimbabwe (+6.4% per year) and Egypt (-0.2% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per unit, falling by -8.2% against the previous year. Over the period under review, the export price saw a deep downturn. The most prominent rate of growth was recorded in 2018 when the export price increased by 34%. The level of export peaked at $X per unit in 2013; however, from 2014 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 Egypt ($X per unit), while Botswana ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+7.8%), 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 Africa

Electric oven and cooker imports contracted to X units in 2022, which is down by -13.3% on the previous year. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when imports increased by 17%. Over the period under review, imports attained the peak figure at X units in 2021, and then reduced in the following year.

In value terms, electric oven and cooker imports contracted to $X in 2022. Total imports indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of +1.8% 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 +51.3% against 2016 indices. The most prominent rate of growth was recorded in 2021 with an increase of 33%. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

South Africa represented the key importer of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters in Africa, with the volume of imports amounting to X units, which was approx. 57% of total imports in 2022. Algeria (X units) held a 10% share (based on physical terms) of total imports, which put it in second place, followed by Kenya (7.1%) and Tunisia (6.3%). The following importers - Morocco (X units) and Libya (X units) - each accounted for a 4.5% share of total imports.

Imports into South Africa decreased at an average annual rate of -2.2% from 2012 to 2022. At the same time, Kenya (+21.9%), Tunisia (+16.3%) and Morocco (+10.3%) displayed positive paces of growth. Moreover, Kenya emerged as the fastest-growing importer imported in Africa, with a CAGR of +21.9% from 2012-2022. Algeria experienced a relatively flat trend pattern. By contrast, Libya (-3.4%) illustrated a downward trend over the same period. While the share of Kenya (+6.2 p.p.), Tunisia (+4.9 p.p.) and Morocco (+1.6 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of South Africa (-12.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported electric ovens, cookers, cooking plates, boiling rings, grillers and roasters in Africa, comprising 31% of total imports. The second position in the ranking was held by Morocco ($X), with a 10% share of total imports. It was followed by Algeria, with a 7.3% share.

In South Africa, electric oven and cooker imports increased at an average annual rate of +3.2% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Morocco (+9.9% per year) and Algeria (-3.2% per year).

Import Prices by Country

The import price in Africa stood at $X per unit in 2022, growing by 6.1% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2013 an increase of 19%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+5.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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