Russian Federation: Domestic Toaster Market 2025

Domestic Toaster Market Size in the Russian Federation

The Russian domestic toaster market dropped to $X in 2022, waning by -8.3% against the previous year. In general, the total consumption indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -14.7% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Domestic Toaster Production in the Russian Federation

In value terms, domestic toaster production dropped to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a strong expansion. The growth pace was the most rapid in 2019 when the production volume increased by 89%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Domestic Toaster Exports

Exports from the Russian Federation

In 2022, overseas shipments of domestic electric toasters decreased by -13.9% to X units for the first time since 2016, thus ending a five-year rising trend. Over the period under review, exports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 56%. The exports peaked at X units in 2021, and then contracted in the following year.

In value terms, domestic toaster exports shrank remarkably to $X in 2022. Overall, exports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 44%. As a result, the exports reached the peak of $X, and then fell notably in the following year.

Exports by Country

Belarus (X units), Ukraine (X units) and Kazakhstan (X units) were the main destinations of domestic toaster exports from Russia, together comprising 88% of total exports. Armenia, Azerbaijan and Georgia lagged somewhat behind, together accounting for a further 10%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Azerbaijan (with a CAGR of +115.2%), while the other leaders experienced more modest paces of growth.

In value terms, Belarus ($X), Kazakhstan ($X) and Ukraine ($X) appeared to be the largest markets for domestic toaster exported from Russia worldwide, with a combined 84% share of total exports. Armenia, Azerbaijan and Georgia lagged somewhat behind, together comprising a further 12%.

Azerbaijan, with a CAGR of +111.5%, recorded 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 more modest paces of growth.

Export Prices by Country

The average domestic toaster export price stood at $X per unit in 2022, leveling off at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2013 when the average export price increased by 22%. Over the period under review, the average export prices attained the maximum at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Georgia ($X per unit), while the average price for exports to Ukraine ($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 Armenia (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Domestic Toaster Imports

Imports into the Russian Federation

After two years of growth, supplies from abroad of domestic electric toasters decreased by -3.9% to X units in 2022. Over the period under review, imports, however, posted prominent growth. The pace of growth was the most pronounced in 2017 with an increase of 46% against the previous year. Imports peaked at X units in 2021, and then declined in the following year.

In value terms, domestic toaster imports fell to $X in 2022. Overall, imports, however, posted prominent growth. The pace of growth was the most pronounced in 2017 with an increase of 53% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, China (X units) was the main domestic toaster supplier to Russia, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China totaled +7.1%.

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

From 2012 to 2022, the average annual growth rate of value from China stood at +6.8%.

Import Prices by Country

The average domestic toaster import price stood at $X per unit in 2022, which is down by -4.1% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 34%. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the average import prices remained at a lower figure.

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 -0.3% per year.

Source: IndexBox Platform

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