Norway: 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 Norway

In 2022, the Norwegian electric oven and cooker market decreased by -13.3% to $X for the first time since 2019, thus ending a two-year rising trend. The market value increased at an average annual rate of +2.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X, and then reduced in the following year.

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

Exports from Norway

In 2022, approx. X units of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters were exported from Norway; with a decrease of -23.9% compared with the year before. Overall, exports faced a drastic downturn. The growth pace was the most rapid in 2020 when exports increased by 16% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, electric oven and cooker exports fell slightly to $X in 2022. In general, exports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 15%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Sweden (X units) was the main destination for electric oven and cooker exports from Norway, with a 80% share of total exports. Moreover, electric oven and cooker exports to Sweden exceeded the volume sent to the second major destination, Denmark (X units), more than tenfold. The third position in this ranking was taken by Lithuania (X units), with a 3.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sweden amounted to -19.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (-26.9% per year) and Lithuania (+31.1% per year).

In value terms, Sweden ($X) remains the key foreign market for electric ovens, cookers, cooking plates, boiling rings, grillers and roasters exports from Norway, comprising 75% of total exports. The second position in the ranking was taken by Denmark ($X), with an 11% share of total exports. It was followed by Lithuania, with a 2.5% share.

From 2012 to 2022, the average annual growth rate of value to Sweden stood at -11.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (-25.1% per year) and Lithuania (+4.8% per year).

Export Prices by Country

In 2022, the average electric oven and cooker export price amounted to $X per unit, surging by 29% against the previous year. Over the period under review, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.9% 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 decreased by +0.1% against 2018 indices. The growth pace was the most rapid in 2014 when the average export price increased by 50%. Over the period under review, the average export prices attained the maximum at $X per unit in 2017; however, from 2018 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 Denmark ($X per unit), while the average price for exports to Nigeria ($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 Finland (+12.4%), 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 Norway

In 2022, the amount of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters imported into Norway declined rapidly to X units, falling by -18% against the previous year. The total import volume increased at an average annual rate of +3.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 46%. As a result, imports attained the peak of X units, and then reduced markedly in the following year.

In value terms, electric oven and cooker imports fell to $X in 2022. The total import value increased at an average annual rate of +1.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 25% against the previous year. As a result, imports reached the peak of $X, and then reduced in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of electric oven and cooker to Norway, accounting for a 47% share of total imports. Moreover, electric oven and cooker imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. Poland (X units) ranked third in terms of total imports with a 9.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +8.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.6% per year) and Poland (+1.9% per year).

In value terms, Germany ($X), Italy ($X) and Poland ($X) appeared to be the largest electric oven and cooker suppliers to Norway, together accounting for 51% of total imports. China, Spain, Turkey, Romania, Slovenia and Sweden lagged somewhat behind, together accounting for a further 35%.

Romania, with a CAGR of +47.7%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average electric oven and cooker import price stood at $X per unit in 2022, surging by 6.5% against the previous year. In general, the import price, however, continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2017 an increase of 19%. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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