Asia: Domestic Cooking Plate Market 2020

Domestic Cooking Plate Market Size in Asia

The revenue of the domestic cooking plate market in Asia amounted to $X in 2017, waning by -X% against the previous year. The domestic cooking plate consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when it surged by X% against the previous year. The level of domestic cooking plate consumption peaked of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Domestic Cooking Plate Production in Asia

In 2017, the amount of domestic electric cooking plates, boiling rings and hobs produced in Asia stood at X units, reducing by -X% against the previous year. The domestic cooking plate production continues to indicate a moderate shrinkage. The growth pace was the most rapid in 2010, when the output figure increased by X% y-o-y. The volume of domestic cooking plate production peaked of X units in 2016, and then declined slightly in the following year.

Domestic Cooking Plate Exports in Asia

In 2017, approx. X units of domestic electric cooking plates, boiling rings and hobs were exported in Asia; surging by X% against the previous year. The domestic cooking plate exports continue to indicate a remarkable growth. The most prominent rate of growth was recorded in 2016, with an increase of X% year-to-year. Over the period under review, the domestic cooking plate exports attained its peak figure volume in 2017, and are expected to retain its growth in the near future.

In value terms, domestic cooking plate exports amounted to $X in 2017. The total exports indicated a strong expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The level of exports peaked in 2017, and are likely to continue its growth in the immediate term.

Domestic Cooking Plate Exports by Country in Asia

China dominates domestic cooking plate exports structure, recording X units, which was near X% of total exports in 2017. It was distantly followed by Turkey (X units), Thailand (X units) and Malaysia (X units), together achieving X% share of total exports. South Korea (X units) held the mild share of total exports.

China was also the fastest growing in terms of the domestic electric cooking plates, boiling rings and hobs exports, with a CAGR of +X% from 2007 to 2017. At the same time, Malaysia (+X%), Turkey (+X%), South Korea (+X%) and Thailand (+X%) displayed positive paces of growth. While the share of Turkey (-X%), Malaysia (-X%) and China (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest domestic cooking plate supplier in Asia, making up X% of global exports. The second position in the ranking was occupied by Turkey ($X), with a X% share of global exports. It was followed by Thailand, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in China amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Turkey (+X% per year) and Thailand (-X% per year).

Domestic Cooking Plate Export Prices by Country in Asia

The domestic cooking plate export price in Asia stood at $X per unit in 2017, coming down by -X% against the previous year. The domestic cooking plate export price continues to indicate a temperate decrease. The most prominent rate of growth was recorded in 2011, an increase of X% against the previous year. The level of export price peaked of $X per unit in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Turkey ($X per unit), while China ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Turkey (+X% per year), while the other leaders experienced a decline in the export price figures.

Domestic Cooking Plate Imports in Asia

In 2017, imports of domestic electric cooking plates, boiling rings and hobs in Asia totaled X units, coming up by X% against the previous year. The total imports indicated a prominent growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the domestic cooking plate imports increased by +X% against 2009 indices. The growth pace was the most rapid in 2010, with an increase of X% against the previous year. Over the period under review, the domestic cooking plate imports reached its peak figure volume in 2017, and are likely to continue its growth in the near future.

In value terms, domestic cooking plate imports stood at $X in 2017. The total imports indicated a remarkable expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Domestic Cooking Plate Imports by Country in Asia

In 2017, Japan (X units), China (X units), Malaysia (X units), Taiwan, Chinese (X units), Turkey (X units), South Korea (X units), China, Hong Kong SAR (X units), India (X units), Israel (X units), Vietnam (X units), Indonesia (X units) and Saudi Arabia (X units) were the main importers of domestic electric cooking plates, boiling rings and hobs in Asia, constituting X% of total import.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constitutes the largest market for imported domestic electric cooking plates, boiling rings and hobs in Asia, making up X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports. It was followed by China, with a X% share.

In Japan, domestic cooking plate imports increased at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (+X% per year) and China (+X% per year).

Domestic Cooking Plate Import Prices by Country in Asia

The domestic cooking plate import price in Asia stood at $X per unit in 2017, reducing by -X% against the previous year. The domestic cooking plate import price continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2008, when it surged by X% year-to-year. The level of import price peaked of $X per unit in 2009; however, from 2010 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Vietnam ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform