Report Update Feb 1, 2025

Hong Kong SAR, China - Domestic Electric Toasters - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Domestic Toaster Market 2025

Domestic Toaster Market Size in Hong Kong SAR, China

In 2022, the Hong Kong domestic toaster market increased by 8% to $X, rising for the fifth consecutive year after three years of decline. Over the period under review, consumption, however, enjoyed a buoyant expansion. Domestic toaster consumption peaked in 2022 and is likely to see steady growth in the near future.

Domestic Toaster Production in Hong Kong SAR, China

In value terms, domestic toaster production contracted sharply to $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the production volume increased by 269%. Domestic toaster production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Domestic Toaster Exports

Exports from Hong Kong SAR, China

In 2022, overseas shipments of domestic electric toasters decreased by -90.2% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, exports recorded a deep downturn. The growth pace was the most rapid in 2014 with an increase of 128% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, domestic toaster exports shrank rapidly to $X in 2022. In general, exports showed a abrupt curtailment. The pace of growth was the most pronounced in 2020 with an increase of 52%. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units), Canada (X units) and Mexico (X units) were the main destinations of domestic toaster exports from Hong Kong SAR, with a combined 90% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of +7.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for domestic toaster exported from Hong Kong SAR were the United States ($X), Canada ($X) and China ($X), with a combined 72% share of total exports. Russia, Singapore, Mexico, Japan and Australia lagged somewhat behind, together accounting for a further 23%.

Mexico, with a CAGR of +8.1%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average domestic toaster export price stood at $X per unit in 2022, surging by 54% against the previous year. Over the period under review, the export price, however, continues to indicate a mild downturn. Over the period under review, the average export prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to the United States ($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 China (+14.8%), while the prices for the other major destinations experienced more modest paces of growth.

Domestic Toaster Imports

Imports into Hong Kong SAR, China

In 2022, after three years of growth, there was significant decline in supplies from abroad of domestic electric toasters, when their volume decreased by -85.2% to X units. Over the period under review, imports recorded a abrupt setback. The pace of growth was the most pronounced in 2020 with an increase of 186%. Imports peaked at X units in 2021, and then shrank dramatically in the following year.

In value terms, domestic toaster imports dropped sharply to $X in 2022. In general, imports recorded a deep setback. The most prominent rate of growth was recorded in 2020 when imports increased by 162%. Imports peaked at $X in 2021, and then contracted dramatically in the following year.

Imports by Country

In 2022, China (X units) was the main domestic toaster supplier to Hong Kong SAR, accounting for a approx. 99% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China stood at -7.7%.

In value terms, China ($X) constituted the largest supplier of domestic electric toasters to Hong Kong SAR.

From 2012 to 2022, the average annual growth rate of value from China totaled -8.8%.

Import Prices by Country

In 2022, the average domestic toaster import price amounted to $X per unit, growing by 64% against the previous year. Overall, the import price, however, showed a slight downturn. The most prominent rate of growth was recorded in 2018 an increase of 75%. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, 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 -1.2% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for domestic electric toasters in the world?

China remains the largest domestic toaster consuming country worldwide, accounting for 24% of total volume. Moreover, domestic toaster consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. Russia ranked third in terms of total consumption with a 5.8% share.

What are the largest producers of domestic electric toasters in the world?

China remains the largest domestic toaster producing country worldwide, comprising approx. 71% of total volume. Moreover, domestic toaster production in China exceeded the figures recorded by the second-largest producer, Russia, more than tenfold. Italy ranked third in terms of total production with a 3.4% share.

What are the leading suppliers of domestic electric toasters to Hong Kong SAR, China?

In value terms, China constituted the largest supplier of domestic toaster to Hong Kong SAR.

What are the leading importers of domestic electric toasters from Hong Kong SAR, China?

In value terms, the largest markets for domestic toaster exported from Hong Kong SAR were the United States, Canada and China, with a combined 93% share of total exports.

What is the average export price for domestic electric toasters in Hong Kong SAR, China?

In 2021, the average domestic toaster export price amounted to $8.9 per unit, dropping by -9.2% against the previous year.

What is the average import price for domestic electric toasters in Hong Kong SAR, China?

The average domestic toaster import price stood at $8.6 per unit in 2021, which is down by -41.2% against the previous year.

This report provides an in-depth analysis of the domestic toaster market in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 27512450 - Domestic electric toasters (including toaster ovens for toasting bread, potatoes or other small items)

Country coverage:

Hong Kong SAR

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hong Kong SAR, China
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024