France: Domestic Toaster Market 2024

Domestic Toaster Market Size in France

In 2022, after three years of growth, there was decline in the French domestic toaster market, when its value decreased by -1.3% to $X. Over the period under review, consumption showed a prominent increase. Over the period under review, the market hit record highs at $X in 2021, and then dropped modestly in the following year.

Domestic Toaster Production in France

In value terms, domestic toaster production expanded to $X in 2022 estimated in export price. Overall, production posted a significant expansion. The most prominent rate of growth was recorded in 2019 when the production volume increased by 315% against the previous year. Domestic toaster production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Domestic Toaster Exports

Exports from France

In 2022, approx. X units of domestic electric toasters were exported from France; increasing by 2.9% on the previous year's figure. In general, exports enjoyed a strong increase. The pace of growth was the most pronounced in 2016 with an increase of 78%. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, domestic toaster exports rose to $X in 2022. Over the period under review, exports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 29% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Spain (X units) was the main destination for domestic toaster exports from France, accounting for a 33% share of total exports. Moreover, domestic toaster exports to Spain exceeded the volume sent to the second major destination, Belgium (X units), threefold. Germany (X units) ranked third in terms of total exports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume to Spain stood at +13.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+3.3% per year) and Germany (+15.8% per year).

In value terms, the largest markets for domestic toaster exported from France were Spain ($X), Germany ($X) and Belgium ($X), with a combined 56% share of total exports. Italy, the United Arab Emirates, Portugal, the Netherlands and Poland lagged somewhat behind, together accounting for a further 28%.

The United Arab Emirates, with a CAGR of +144.2%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average domestic toaster export price stood at $X per unit in 2022, almost unchanged from the previous year. Over the period under review, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, domestic toaster export price increased by +5.7% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 53% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Portugal ($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 Poland (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

Domestic Toaster Imports

Imports into France

For the fourth year in a row, France recorded growth in purchases abroad of domestic electric toasters, which increased by 0.1% to X units in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when imports increased by 20%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, domestic toaster imports fell to $X in 2022. The total import value increased at an average annual rate of +2.4% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 21% against the previous year. As a result, imports attained the peak of $X, and then reduced in the following year.

Imports by Country

In 2022, China (X units) constituted the largest domestic toaster supplier to France, with a 60% share of total imports. Moreover, domestic toaster imports from China exceeded the figures recorded by the second-largest supplier, Spain (X units), fivefold. The Netherlands (X units) ranked third in terms of total imports with an 8.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to -3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+45.3% per year) and the Netherlands (+8.7% per year).

In value terms, China ($X) constituted the largest supplier of domestic electric toasters to France, comprising 51% of total imports. The second position in the ranking was held by Italy ($X), with a 12% share of total imports. It was followed by Spain, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled -2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+37.7% per year) and Spain (+41.3% per year).

Import Prices by Country

In 2022, the average domestic toaster import price amounted to $X per unit, falling by -5.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2021 when the average import price increased by 16%. As a result, import price reached the peak level of $X per unit, and then dropped in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+1.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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