Southern Asia: Electric Oven Market 2020

Electric Oven Market Size in Southern Asia

The revenue of the electric oven market in Southern Asia amounted to $X in 2017, growing by X% against the previous year. The electric oven consumption continues to indicate a skyrocketing expansion. The most prominent rate of growth was recorded in 2015, when market value increased by X% against the previous year. The level of electric oven consumption peaked in 2017, and is expected to retain its growth in the immediate term.

Electric Oven Production in Southern Asia

The electric oven production totaled X units in 2017, growing by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016, when it surged by X% year-to-year. Over the period under review, the electric oven production reached its peak figure volume in 2017, and is likely to see steady growth in the near future.

Electric Oven Exports in Southern Asia

In 2017, the amount of electric furnaces and ovens exported in Southern Asia stood at X units, coming down by -X% against the previous year. The electric oven exports continue to indicate a sharp decrease. The pace of growth was the most pronounced in 2011, with an increase of X% y-o-y. In that year, the electric oven exports reached their peak volume of X units. From 2012 to 2017, growth of the electric oven exports stood at a somewhat lower level.

In value terms, electric oven exports totaled $X in 2017. The total exports indicated a moderate increase from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the electric oven exports decreased by -X% against 2012 indices. Over the period under review, the electric oven exports attained its maximum level of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Electric Oven Exports by Country in Southern Asia

India dominates electric oven exports structure, accounting for X units, which was approx. X% of total exports in 2017. Sri Lanka (X units) took the slight share of total exports.

Exports from India increased at an average annual rate of +X% from 2007 to 2017. At the same time, Sri Lanka (+X%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest growing exporter in Southern Asia, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Sri Lanka and India decreased by -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest electric oven supplier in Southern Asia, making up X% of global exports. The second position in the ranking was occupied by Sri Lanka ($X), with a X% share of global exports.

In India, electric oven exports expanded at an average annual rate of +X% over the period from 2007-2017.

Electric Oven Export Prices by Country in Southern Asia

The electric oven export price in Southern Asia stood at $X per unit in 2017, increasing by X% against the previous year. The electric oven export price continues to indicate a skyrocketing expansion. The growth pace was the most rapid in 2015, an increase of X% year-to-year. Over the period under review, the export prices for electric furnaces and ovens reached its maximum level in 2017, and is expected to retain its growth in the immediate term.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was India ($X per unit), while Sri Lanka ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by India (-X% per year).

Electric Oven Imports in Southern Asia

The imports stood at X units in 2017, falling by -X% against the previous year. The electric oven imports continue to indicate an abrupt downturn. The most prominent rate of growth was recorded in 2011, with an increase of X% y-o-y. In that year, the electric oven imports attained their peak volume of X units. From 2012 to 2017, growth of the electric oven imports stood at a somewhat lower level.

In value terms, electric oven imports amounted to $X in 2017. The total imports indicated a prominent growth from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the electric oven imports increased by +X% against 2014 indices. The level of imports peaked of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Electric Oven Imports by Country in Southern Asia

Bangladesh prevails in electric oven imports structure, accounting for X units, which was near X% of total imports in 2017. India (X units) occupied the second position in the ranking, followed by Pakistan (X units). All these countries together occupied near X% share of total imports. Nepal (X units) took the slight share of total imports.

Imports into Bangladesh decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Nepal (+X%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest growing importer in Southern Asia, with a CAGR of +X% from 2007-2017. By contrast, Pakistan (-X%) and India (-X%) illustrated a downward trend over the same period. Bangladesh (X%), India (X%) and Pakistan (X%) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported electric furnaces and ovens in Southern Asia, making up X% of global imports. The second position in the ranking was occupied by Pakistan ($X), with a X% share of global imports. It was followed by Bangladesh, with a X% share.

In India, electric oven imports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Pakistan (+X% per year) and Bangladesh (+X% per year).

Electric Oven Import Prices by Country in Southern Asia

The electric oven import price in Southern Asia stood at $X per unit in 2017, growing by X% against the previous year. The electric oven import price continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2012, when the import prices increased by X% year-to-year. The level of import price peaked in 2017, and is likely to see steady growth in the near future.

Import prices varied noticeably by the country of destination; the country with the highest import price was India ($X thousand per unit), while Bangladesh ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Bangladesh (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform