Argentina: Market for Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters 2025

Market Size for Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters in Argentina

In 2022, after two years of growth, there was decline in the Argentinian electric oven and cooker market, when its value decreased by -1.9% to $X. In general, the total consumption indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +4.3% 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 +37.8% against 2019 indices. Electric oven and cooker consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

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

Exports from Argentina

After two years of growth, overseas shipments of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters decreased by -26.6% to X units in 2022. Over the period under review, exports showed a deep reduction. The pace of growth appeared the most rapid in 2018 when exports increased by 2,898% against the previous year. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, electric oven and cooker exports dropped to $X in 2022. In general, exports continue to indicate a abrupt decline. The growth pace was the most rapid in 2018 with an increase of 1,651%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Chile (X units), Guatemala (X units) and New Zealand (X units) were the main destinations of electric oven and cooker exports from Argentina, together accounting for 33% of total exports.

From 2012 to 2022, the biggest increases were recorded for New Zealand (with a CAGR of +153.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), New Zealand ($X) and Guatemala ($X) were the largest markets for electric oven and cooker exported from Argentina worldwide, together comprising 51% of total exports.

Among the main countries of destination, New Zealand, with a CAGR of +275.9%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average electric oven and cooker export price amounted to $X per unit, rising by 18% against the previous year. Overall, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electric oven and cooker export price increased by +12.1% against 2017 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 79% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Zealand ($X per unit), while the average price for exports to South Africa ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+48.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Argentina

In 2022, the amount of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters imported into Argentina fell to X units, waning by -5.2% against 2021. Over the period under review, total imports indicated a mild expansion from 2012 to 2022: its volume increased at an average annual rate of +1.1% 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 +9.8% against 2019 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 34% against the previous year. Over the period under review, imports attained the maximum at X units in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, electric oven and cooker imports fell modestly to $X in 2022. Overall, total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.5% 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 +49.2% against 2019 indices. The pace of growth appeared the most rapid in 2013 with an increase of 67% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of electric oven and cooker to Argentina, with a 88% share of total imports. Moreover, electric oven and cooker imports from China exceeded the figures recorded by the second-largest supplier, Brazil (X units), more than tenfold. The third position in this ranking was held by Turkey (X units), with a 3.3% share.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+57.0% per year) and Turkey (+41.4% per year).

In value terms, China ($X) constituted the largest supplier of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters to Argentina, comprising 49% of total imports. The second position in the ranking was taken by Turkey ($X), with a 12% share of total imports. It was followed by Brazil, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+47.2% per year) and Brazil (+47.7% per year).

Import Prices by Country

The average electric oven and cooker import price stood at $X per unit in 2022, picking up by 4.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.3%. The pace of growth was the most pronounced in 2021 when the average import price increased by 41%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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