Northern America: 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 Northern America

For the third consecutive year, the North American electric oven and cooker market recorded growth in sales value, which increased by 3.8% to $X in 2022. Overall, consumption, however, continues to indicate a strong increase. The level of consumption peaked in 2022 and is likely to see gradual growth in years to come.

Production of Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters in Northern America

In value terms, electric oven and cooker production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.0% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of 6.8%. Over the period under review, production attained the peak level at $X in 2018; afterwards, it flattened through to 2022.

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

Exports in Northern America

After two years of growth, shipments abroad of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters decreased by -0.5% to X units in 2022. The total export volume increased at an average annual rate of +1.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 22% against the previous year. The volume of export peaked at X units in 2021, and then declined slightly in the following year.

In value terms, electric oven and cooker exports dropped to $X in 2022. In general, exports showed a pronounced downturn. The pace of growth was the most pronounced in 2021 with an increase of 14%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States dominates exports structure, reaching X units, which was approx. 92% of total exports in 2022. It was distantly followed by Canada (X units), mixing up an 8.3% share of total exports.

The United States was also the fastest-growing in terms of the electric ovens, cookers, cooking plates, boiling rings, grillers and roasters exports, with a CAGR of +4.4% from 2012 to 2022. Canada (-10.0%) illustrated a downward trend over the same period. While the share of the United States (+20 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Canada (-20.1 p.p.) displayed negative dynamics.

In value terms, the United States ($X) remains the largest electric oven and cooker supplier in Northern America, comprising 97% of total exports. The second position in the ranking was held by Canada ($X), with a 3.3% share of total exports.

In the United States, electric oven and cooker exports expanded at an average annual rate of +1.2% over the period from 2012-2022.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2022, leveling off at the previous year. In general, the export price continues to indicate a noticeable slump. The pace of growth appeared the most rapid in 2016 an increase of 4.7% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while Canada amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-3.0%).

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

Imports in Northern America

After two years of growth, supplies from abroad of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters decreased by -19.7% to X units in 2022. Over the period under review, imports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 32%. Over the period under review, imports attained the maximum at X units in 2021, and then fell markedly in the following year.

In value terms, electric oven and cooker imports rose modestly to $X in 2022. Overall, imports, however, saw resilient growth. The growth pace was the most rapid in 2021 when imports increased by 28% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X units) represented the major importer of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters, generating 84% of total imports. It was distantly followed by Canada (X units), committing a 16% share of total imports.

The United States was also the fastest-growing in terms of the electric ovens, cookers, cooking plates, boiling rings, grillers and roasters imports, with a CAGR of +6.6% from 2012 to 2022. At the same time, Canada (+6.5%) displayed positive paces of growth. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported electric ovens, cookers, cooking plates, boiling rings, grillers and roasters in Northern America, comprising 75% of total imports. The second position in the ranking was taken by Canada ($X), with a 25% share of total imports.

From 2012 to 2022, the average annual growth rate of value in the United States amounted to +10.3%.

Import Prices by Country

The import price in Northern America stood at $X per unit in 2022, jumping by 27% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Canada ($X per unit), while the United States amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.5%).

Source: IndexBox Platform

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