Russian Federation: Microwave Oven Market 2025

Microwave Oven Market Size in the Russian Federation

In 2022, the Russian microwave oven market decreased by -1.5% to $X, falling for the third year in a row after two years of growth. In general, consumption, however, recorded a abrupt downturn. Microwave oven consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Microwave Oven Production in the Russian Federation

In value terms, microwave oven production reduced slightly to $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the production volume increased by 62%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Microwave Oven Exports

Exports from the Russian Federation

Microwave oven exports from Russia contracted to X units in 2022, with a decrease of -8.2% against 2021. Over the period under review, exports, however, continue to indicate a remarkable increase. The growth pace was the most rapid in 2013 with an increase of 272%. Over the period under review, the exports hit record highs at X units in 2021, and then fell in the following year.

In value terms, microwave oven exports declined to $X in 2022. In general, exports, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2013 when exports increased by 234%. The exports peaked at $X in 2021, and then reduced in the following year.

Exports by Country

Belarus (X units) was the main destination for microwave oven exports from Russia, accounting for a 50% share of total exports. Moreover, microwave oven exports to Belarus exceeded the volume sent to the second major destination, Ukraine (X units), fourfold. Moldova (X units) ranked third in terms of total exports with a 10% share.

From 2012 to 2022, the average annual growth rate of volume to Belarus stood at +14.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+32.7% per year) and Moldova (+64.7% per year).

In value terms, Belarus ($X) remains the key foreign market for microwave ovens exports from Russia, comprising 54% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 12% share of total exports. It was followed by Ukraine, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to Belarus totaled +12.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+7.4% per year) and Ukraine (+33.3% per year).

Export Prices by Country

In 2022, the average microwave oven export price amounted to $X per unit, falling by -6.4% against the previous year. In general, the export price recorded a slight contraction. The pace of growth appeared the most rapid in 2016 when the average export price increased by 20%. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per unit), while the average price for exports to Lithuania ($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 Kazakhstan (+2.4%), while the prices for the other major destinations experienced mixed trend patterns.

Microwave Oven Imports

Imports into the Russian Federation

In 2022, overseas purchases of microwave ovens were finally on the rise to reach X units after two years of decline. Overall, imports continue to indicate noticeable growth. The most prominent rate of growth was recorded in 2019 when imports increased by 62%. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, microwave oven imports declined to $X in 2022. In general, imports showed mild growth. The growth pace was the most rapid in 2017 when imports increased by 46% against the previous year. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest microwave oven supplier to Russia, accounting for a 81% share of total imports. Moreover, microwave oven imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X units), eightfold.

From 2012 to 2022, the average annual growth rate of volume from China stood at +8.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (-9.0% per year) and Belarus (+5.5% per year).

In value terms, China ($X) constituted the largest supplier of microwave ovens to Russia, comprising 78% of total imports. The second position in the ranking was taken by Malaysia ($X), with an 11% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (-9.5% per year) and Belarus (+3.6% per year).

Import Prices by Country

In 2022, the average microwave oven import price amounted to $X per unit, which is down by -5.9% against the previous year. Overall, the import price saw a noticeable decrease. The most prominent rate of growth was recorded in 2021 an increase of 13% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 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 Malaysia ($X per unit), while the price for Belarus ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (-0.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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