Belarus: 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 Belarus

For the third consecutive year, the Belarusian electric oven and cooker market recorded growth in sales value, which increased by 42% to $X in 2022. Overall, consumption showed a strong increase. Electric oven and cooker consumption peaked in 2022 and is likely to see gradual growth in years to come.

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

In value terms, electric oven and cooker production declined dramatically to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a mild decline. The pace of growth was the most pronounced in 2014 when the production volume increased by 99% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

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

Exports from Belarus

In 2022, shipments abroad of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters decreased by -52.5% to X units, falling for the second year in a row after two years of growth. Overall, exports saw a slight setback. The pace of growth appeared the most rapid in 2016 with an increase of 135%. Over the period under review, the exports hit record highs at X units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, electric oven and cooker exports reduced sharply to $X in 2022. In general, exports, however, enjoyed a strong increase. The growth pace was the most rapid in 2016 with an increase of 59% against the previous year. The exports peaked at $X in 2021, and then plummeted in the following year.

Exports by Country

Russia (X units) was the main destination for electric oven and cooker exports from Belarus, with a 95% share of total exports. It was followed by Ukraine (X units), with a 1.7% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (-1.7% per year) and Kazakhstan (-11.2% per year).

In value terms, Russia ($X) remains the key foreign market for electric ovens, cookers, cooking plates, boiling rings, grillers and roasters exports from Belarus, comprising 92% of total exports. The second position in the ranking was held by Ukraine ($X), with a 3% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia totaled +7.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+6.8% per year) and Kazakhstan (+9.1% per year).

Export Prices by Country

The average electric oven and cooker export price stood at $X per unit in 2022, picking up by 69% against the previous year. Over the period under review, the export price saw a resilient expansion. The pace of growth was the most pronounced in 2021 when the average export price increased by 95%. The export price peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to Russia ($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 Kazakhstan (+22.9%), 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 Belarus

After three years of growth, purchases abroad of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters decreased by -5.2% to X units in 2022. In general, imports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2017 with an increase of 87%. Imports peaked at X units in 2021, and then reduced in the following year.

In value terms, electric oven and cooker imports fell to $X in 2022. Overall, imports, however, continue to indicate prominent growth. The pace of growth was the most pronounced in 2013 with an increase of 24%. Over the period under review, imports hit record highs at $X in 2021, and then dropped in the following year.

Imports by Country

China (X units), Russia (X units) and Turkey (X units) were the main suppliers of electric oven and cooker imports to Belarus, with a combined 93% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +20.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constituted the largest supplier of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters to Belarus, comprising 75% of total imports. The second position in the ranking was taken by China ($X), with an 8.7% share of total imports. It was followed by Poland, with a 6.4% share.

From 2012 to 2022, the average annual growth rate of value from Russia amounted to +10.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+0.8% per year) and Poland (+7.7% per year).

Import Prices by Country

In 2022, the average electric oven and cooker import price amounted to $X per unit, approximately reflecting the previous year. Over the period under review, the import price, however, saw a deep reduction. The growth pace was the most rapid in 2014 an increase of 37% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+0.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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