Eastern Asia: Domestic Toaster Market 2025

Domestic Toaster Market Size in Eastern Asia

The East Asian domestic toaster market soared to $X in 2022, with an increase of 22% against the previous year. Overall, consumption continues to indicate a prominent expansion. Over the period under review, the market attained the maximum level in 2022 and is likely to see steady growth in years to come.

Domestic Toaster Production in Eastern Asia

In value terms, domestic toaster production rose to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 19% against the previous year. As a result, production reached the peak level of $X; afterwards, it flattened through to 2022.

Domestic Toaster Exports

Exports in Eastern Asia

In 2022, shipments abroad of domestic electric toasters decreased by -31.2% to X units for the first time since 2016, thus ending a five-year rising trend. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when exports increased by 34%. Over the period under review, the exports reached the maximum at X units in 2021, and then declined sharply in the following year.

In value terms, domestic toaster exports fell dramatically to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 27%. The level of export peaked at $X in 2021, and then shrank markedly in the following year.

Exports by Country

The biggest shipments were from China (X units), together amounting to 100% of total export.

China experienced a relatively flat trend pattern with regard to volume of exports of domestic electric toasters. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest domestic toaster supplier in Eastern Asia.

In China, domestic toaster exports remained relatively stable over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per unit, surging by 2.5% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the export price increased by 24% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2017 to 2022, the export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +0.2% per year.

Domestic Toaster Imports

Imports in Eastern Asia

After three years of growth, purchases abroad of domestic electric toasters decreased by -31.2% to X units in 2022. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 28%. Over the period under review, imports hit record highs at X units in 2021, and then fell rapidly in the following year.

In value terms, domestic toaster imports dropped remarkably to $X in 2022. Total imports indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 26% against the previous year. The level of import peaked at $X in 2021, and then shrank remarkably in the following year.

Imports by Country

Japan prevails in imports structure, finishing at X units, which was approx. 86% of total imports in 2022. It was distantly followed by South Korea (X units), comprising a 7.3% share of total imports. Hong Kong SAR (X units) and Taiwan (Chinese) (X units) held a little share of total imports.

Japan experienced a relatively flat trend pattern with regard to volume of imports of domestic electric toasters. South Korea experienced a relatively flat trend pattern. Taiwan (Chinese) (-1.2%) and Hong Kong SAR (-8.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Japan increased by +5.8 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported domestic electric toasters in Eastern Asia, comprising 85% of total imports. The second position in the ranking was taken by South Korea ($X), with a 7.2% share of total imports. It was followed by Hong Kong SAR, with a 3.6% share.

From 2012 to 2022, the average annual growth rate of value in Japan totaled +2.2%. In the other countries, the average annual rates were as follows: South Korea (+2.1% per year) and Hong Kong SAR (-9.5% per year).

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per unit, growing by 5.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The pace of growth appeared the most rapid in 2018 an increase of 16%. Over the period under review, import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Japan ($X per unit) and South Korea ($X per unit), while Hong Kong SAR ($X per unit) and Taiwan (Chinese) ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+2.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :