EU: Market for Electro-Thermic Appliances Or Domestic Purposes 2022

Market Size for Electro-Thermic Appliances Or Domestic Purposes in the EU

The EU market for electro-thermic appliances or domestic purposes skyrocketed to $X in 2021, increasing by 40% against the previous year. The total consumption indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -1.3% against 2019 indices. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Electro-Thermic Appliances Or Domestic Purposes in the EU

In value terms, electro-thermic appliances or domestic purposes production shrank significantly to $X in 2021 estimated in export price. Over the period under review, production recorded a abrupt setback. The pace of growth was the most pronounced in 2016 with an increase of 28%. As a result, production attained the peak level of $X. From 2017 to 2021, production growth remained at a lower figure.

Exports of Electro-Thermic Appliances Or Domestic Purposes

Exports in the EU

In 2021, approx. X units of electro-thermic appliances or domestic purposes were exported in the European Union; picking up by 26% against the previous year. In general, exports posted a buoyant expansion. The growth pace was the most rapid in 2020 when exports increased by 80% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in years to come.

In value terms, electro-thermic appliances or domestic purposes exports skyrocketed to $X in 2021. Over the period under review, exports showed a strong expansion. The pace of growth appeared the most rapid in 2014 with an increase of 22%. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

Exports by Country

Germany (X units) and the Netherlands (X units) represented roughly 42% of total exports in 2021. It was distantly followed by Italy (X units), France (X units), Belgium (X units), Hungary (X units), Poland (X units) and Spain (X units), together constituting a 45% share of total exports. Slovakia (X units) held a minor share of total exports.

From 2012 to 2021, the biggest increases were in the Netherlands (with a CAGR of +30.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest electro-thermic appliances or domestic purposes supplying countries in the European Union were Germany ($X), France ($X) and the Netherlands ($X), with a combined 66% share of total exports. These countries were followed by Belgium, Poland, Spain, Italy, Hungary and Slovakia, which together accounted for a further 24%.

Poland, with a CAGR of +24.5%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per unit, waning by -5% against the previous year. Overall, the export price showed a perceptible curtailment. The pace of growth was the most pronounced in 2013 an increase of 13% against the previous year. The level of export peaked at $X per unit in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was France ($X per unit), while Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+0.8%), while the other leaders experienced a decline in the export price figures.

Imports of Electro-Thermic Appliances Or Domestic Purposes

Imports in the EU

In 2021, purchases abroad of electro-thermic appliances or domestic purposes increased by 46% to X units, rising for the sixth consecutive year after two years of decline. In general, imports continue to indicate a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, electro-thermic appliances or domestic purposes imports skyrocketed to $X in 2021. Over the period under review, imports posted buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X units) and the Netherlands (X units) represented roughly 39% of total imports in 2021. It was distantly followed by Italy (X units), Spain (X units), France (X units), Belgium (X units) and Poland (X units), together creating a 36% share of total imports. The Czech Republic (X units), Hungary (X units), Bulgaria (X units), Austria (X units), Sweden (X units) and Slovakia (X units) took a relatively small share of total imports.

From 2012 to 2021, the biggest increases were in Slovakia (with a CAGR of +38.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) constituted the countries with the highest levels of imports in 2021, with a combined 50% share of total imports. Spain, Italy, Poland, Belgium, Austria, the Czech Republic, Hungary, Slovakia, Sweden and Bulgaria lagged somewhat behind, together comprising a further 43%.

In terms of the main importing countries, Slovakia, with a CAGR of +28.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per unit in 2021, falling by -10.8% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 18% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was France ($X per unit), while Bulgaria ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+14.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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