Eastern Europe: Non-Electric Bakery Oven Market 2024

Non-Electric Bakery Oven Market Size in Eastern Europe

The East European non-electric bakery oven market reached $X in 2022, remaining constant against the previous year. Overall, consumption saw a relatively flat trend pattern. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Non-Electric Bakery Oven Production in Eastern Europe

In value terms, non-electric bakery oven production shrank slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 with an increase of 51% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Non-Electric Bakery Oven Exports

Exports in Eastern Europe

In 2022, shipments abroad of non-electric bakery ovens decreased by -10.3% to X units, falling for the third year in a row after four years of growth. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by 43% against the previous year. The volume of export peaked at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-electric bakery oven exports shrank to $X in 2022. Overall, exports recorded a perceptible reduction. The growth pace was the most rapid in 2013 when exports increased by 39%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The Czech Republic was the major exporter of non-electric bakery ovens in Eastern Europe, with the volume of exports resulting at X units, which was approx. 43% of total exports in 2022. Lithuania (X units) ranks second in terms of the total exports with a 23% share, followed by Estonia (16%), Poland (5.6%) and Hungary (5.2%). The following exporters - Bulgaria (X units) and Russia (X units) - together made up 6.7% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Lithuania (with a CAGR of +24.5%), while the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X) remains the largest non-electric bakery oven supplier in Eastern Europe, comprising 66% of total exports. The second position in the ranking was taken by Hungary ($X), with a 9.8% share of total exports. It was followed by Poland, with a 7.4% share.

In the Czech Republic, non-electric bakery oven exports declined by an average annual rate of -3.7% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Hungary (-1.2% per year) and Poland (-0.2% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per unit, growing by 4.4% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced decline. The pace of growth was the most pronounced in 2020 when the export price increased by 11%. Over the period under review, the export prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Hungary ($X per unit), while Estonia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+3.4%), while the other leaders experienced mixed trends in the export price figures.

Non-Electric Bakery Oven Imports

Imports in Eastern Europe

In 2022, non-electric bakery oven imports in Eastern Europe dropped significantly to X units, which is down by -21.1% on the previous year. In general, imports saw a mild decrease. The growth pace was the most rapid in 2017 when imports increased by 32% against the previous year. The volume of import peaked at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, non-electric bakery oven imports contracted to $X in 2022. Over the period under review, imports showed a perceptible decrease. The pace of growth appeared the most rapid in 2017 when imports increased by 35% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Slovakia (X units), Poland (X units), Russia (X units) and Romania (X units) represented roughly 68% of total imports in 2022. The Czech Republic (X units) took the next position in the ranking, followed by Lithuania (X units) and Ukraine (X units). All these countries together held near 21% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Lithuania (with a CAGR of +27.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest non-electric bakery oven importing markets in Eastern Europe were Russia ($X), Slovakia ($X) and Poland ($X), together accounting for 73% of total imports.

Slovakia, with a CAGR of +12.6%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Eastern Europe stood at $X per unit in 2022, with an increase of 20% against the previous year. Over the period under review, the import price, however, recorded a mild downturn. The most prominent rate of growth was recorded in 2014 an increase of 26% against the previous year. The level of import peaked at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per unit), while Lithuania ($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 (+6.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :