Slovakia: 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 Slovakia

The Slovak electric oven and cooker market dropped rapidly to $X in 2022, declining by -43.2% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

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

In value terms, electric oven and cooker production shrank to $X in 2022 estimated in export price. Overall, production, however, showed a pronounced curtailment. The pace of growth appeared the most rapid in 2016 when the production volume increased by 26% against the previous year. Over the period under review, production attained the maximum level 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 Slovakia

In 2022, after five years of growth, there was decline in shipments abroad of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters, when their volume decreased by -3.1% to X units. Overall, exports, however, recorded strong growth. The growth pace was the most rapid in 2014 with an increase of 352%. The exports peaked at X units in 2021, and then reduced modestly in the following year.

In value terms, electric oven and cooker exports dropped to $X in 2022. In general, exports, however, continue to indicate strong growth. The growth pace was the most rapid in 2014 when exports increased by 101% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then reduced in the following year.

Exports by Country

The Czech Republic (X units), Germany (X units) and Poland (X units) were the main destinations of electric oven and cooker exports from Slovakia, together accounting for 55% of total exports. Hungary, Austria, Ukraine, Romania and Croatia lagged somewhat behind, together comprising a further 31%.

From 2012 to 2022, the biggest increases were recorded for Croatia (with a CAGR of +125.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X) remains the key foreign market for electric ovens, cookers, cooking plates, boiling rings, grillers and roasters exports from Slovakia, comprising 36% of total exports. The second position in the ranking was taken by Germany ($X), with a 16% share of total exports. It was followed by Hungary, with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Czech Republic totaled +9.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+39.4% per year) and Hungary (+9.3% per year).

Export Prices by Country

The average electric oven and cooker export price stood at $X per unit in 2022, flattening at the previous year. In general, the export price, however, continues to indicate a mild decrease. The pace of growth was the most pronounced in 2013 an increase of 33%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a 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 the Czech Republic ($X per unit), while the average price for exports to Austria ($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 Germany (+6.7%), 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 Slovakia

In 2022, the amount of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters imported into Slovakia plummeted to X units, waning by -19.4% on the previous year's figure. In general, imports, however, saw a prominent expansion. The pace of growth appeared the most rapid in 2018 with an increase of 69%. Over the period under review, imports attained the maximum at X units in 2021, and then dropped notably in the following year.

In value terms, electric oven and cooker imports shrank dramatically to $X in 2022. Overall, imports, however, saw prominent growth. The pace of growth was the most pronounced in 2014 when imports increased by 72%. Over the period under review, imports hit record highs at $X in 2021, and then plummeted in the following year.

Imports by Country

In 2022, China (X units) constituted the largest electric oven and cooker supplier to Slovakia, with a 51% share of total imports. Moreover, electric oven and cooker imports from China exceeded the figures recorded by the second-largest supplier, the Czech Republic (X units), fivefold. The third position in this ranking was taken by Poland (X units), with a 4.8% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +22.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+5.1% per year) and Poland (+0.1% per year).

In value terms, China ($X) constituted the largest supplier of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters to Slovakia, comprising 26% of total imports. The second position in the ranking was held by Poland ($X), with a 13% share of total imports. It was followed by the Czech Republic, with an 8.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +26.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+3.6% per year) and the Czech Republic (+5.3% per year).

Import Prices by Country

The average electric oven and cooker import price stood at $X per unit in 2022, with a decrease of -4.4% against the previous year. In general, the import price showed a noticeable contraction. The pace of growth appeared the most rapid in 2019 an increase of 33% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 Italy (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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