Indonesia: Market for Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters 2025

Market Size for Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters in Indonesia

The Indonesian electric oven and cooker market contracted to $X in 2022, with a decrease of -10% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, showed a modest expansion. As a result, consumption attained the peak level of $X, and then shrank in the following year.

Exports of Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters

Exports from Indonesia

In 2022, overseas shipments of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters decreased by -56.8% to X units, falling for the second year in a row after two years of growth. In general, exports, however, enjoyed perceptible growth. The pace of growth was the most pronounced in 2014 with an increase of 112%. Over the period under review, the exports attained the peak figure at X units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, electric oven and cooker exports shrank rapidly to $X in 2022. Overall, exports, however, showed a strong increase. The pace of growth was the most pronounced in 2014 when exports increased by 80%. The exports peaked at $X in 2021, and then contracted significantly in the following year.

Exports by Country

The United States (X units), Singapore (X units) and Vietnam (X units) were the main destinations of electric oven and cooker exports from Indonesia, with a combined 80% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Singapore (with a CAGR of +61.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for electric ovens, cookers, cooking plates, boiling rings, grillers and roasters exports from Indonesia, comprising 45% of total exports. The second position in the ranking was taken by Singapore ($X), with a 22% share of total exports. It was followed by Vietnam, with a 19% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to +36.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+61.5% per year) and Vietnam (+0.5% per year).

Export Prices by Country

In 2022, the average electric oven and cooker export price amounted to $X per unit, with an increase of 19% against the previous year. Over the period under review, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electric oven and cooker export price increased by +46.9% against 2019 indices. The pace of growth appeared the most rapid in 2017 an increase of 33% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while the average price for exports to the Czech Republic ($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 Hungary (+266.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters

Imports into Indonesia

In 2022, the amount of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters imported into Indonesia dropped dramatically to X units, waning by -16.4% on 2021. Overall, imports, however, showed a moderate expansion. The pace of growth appeared the most rapid in 2017 when imports increased by 57%. Over the period under review, imports reached the maximum at X units in 2021, and then declined remarkably in the following year.

In value terms, electric oven and cooker imports fell dramatically to $X in 2022. In general, total imports indicated slight growth from 2012 to 2022: its value increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +30.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 56% against the previous year. As a result, imports attained the peak of $X, and then fell significantly in the following year.

Imports by Country

In 2022, China (X units) was the main electric oven and cooker supplier to Indonesia, with a 96% share of total imports. It was followed by Vietnam (X units), with a 0.6% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China totaled +5.3%.

In value terms, China ($X) constituted the largest supplier of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters to Indonesia, comprising 95% of total imports. The second position in the ranking was held by Vietnam ($X), with a 0.6% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +4.1%.

Import Prices by Country

The average electric oven and cooker import price stood at $X per unit in 2022, leveling off at the previous year. Overall, the import price, however, continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 9.4%. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per unit), while the price for China totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (-1.1%).

Source: IndexBox Platform

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