Portugal: 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 Portugal

In 2022, after four years of growth, there was significant decline in the Portuguese electric oven and cooker market, when its value decreased by -8% to $X. In general, consumption, however, showed a resilient increase. As a result, consumption reached the peak level of $X, and then shrank in the following year.

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

In value terms, electric oven and cooker production fell remarkably to $X in 2022 estimated in export price. In general, production saw a abrupt setback. The growth pace was the most rapid in 2013 with an increase of 14%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

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

Exports from Portugal

In 2022, the amount of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters exported from Portugal fell dramatically to X units, with a decrease of -22.6% compared with the year before. Over the period under review, exports continue to indicate a deep slump. The growth pace was the most rapid in 2021 when exports increased by 29%. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, electric oven and cooker exports reduced to $X in 2022. Overall, exports saw a abrupt shrinkage. The growth pace was the most rapid in 2017 with an increase of 29%. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X units) was the main destination for electric oven and cooker exports from Portugal, with a 52% share of total exports. Moreover, electric oven and cooker exports to Spain exceeded the volume sent to the second major destination, Mozambique (X units), twofold. Angola (X units) ranked third in terms of total exports with a 7% share.

From 2012 to 2022, the average annual growth rate of volume to Spain totaled -4.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mozambique (+4.2% per year) and Angola (-18.8% per year).

In value terms, Spain ($X) remains the key foreign market for electric ovens, cookers, cooking plates, boiling rings, grillers and roasters exports from Portugal, comprising 37% of total exports. The second position in the ranking was taken by Angola ($X), with a 12% share of total exports. It was followed by Germany, with a 6.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Spain totaled -1.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Angola (-12.3% per year) and Germany (-11.1% per year).

Export Prices by Country

In 2022, the average electric oven and cooker export price amounted to $X per unit, rising by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.2%. The pace of growth was the most pronounced in 2017 when the average export price increased by 17% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.

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 Germany ($X per unit), while the average price for exports to Mozambique ($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 the Netherlands (+15.8%), 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 Portugal

After four years of growth, purchases abroad of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters decreased by -3.9% to X units in 2022. In general, imports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2019 when imports increased by 56%. Imports peaked at X units in 2021, and then shrank modestly in the following year.

In value terms, electric oven and cooker imports declined to $X in 2022. Over the period under review, imports, however, saw resilient growth. The most prominent rate of growth was recorded in 2018 when imports increased by 26% against the previous year. Imports peaked at $X in 2021, and then fell in the following year.

Imports by Country

China (X units), Spain (X units) and Germany (X units) were the main suppliers of electric oven and cooker imports to Portugal, with a combined 77% share of total imports. The Netherlands, Turkey, Italy, Poland and France lagged somewhat behind, together accounting for a further 22%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +37.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) constituted the largest supplier of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters to Portugal, comprising 58% of total imports. The second position in the ranking was taken by China ($X), with an 11% share of total imports. It was followed by Turkey, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain stood at +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+17.3% per year) and Turkey (+26.9% per year).

Import Prices by Country

In 2022, the average electric oven and cooker import price amounted to $X per unit, waning by -6.7% against the previous year. In general, the import price saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2017 when the average import price increased by 44%. Over the period under review, average import prices attained the maximum at $X per unit in 2018; however, from 2019 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 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 Spain (-0.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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