Thailand: 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 Thailand

In 2022, the Thai electric oven and cooker market decreased by -40.8% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption, however, saw strong growth. Electric oven and cooker consumption peaked at $X in 2021, and then reduced rapidly in the following year.

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

Exports from Thailand

In 2022, shipments abroad of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters increased by 6.4% to X units, rising for the third year in a row after three years of decline. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 31%. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, electric oven and cooker exports rose significantly to $X in 2022. Over the period under review, exports saw a resilient increase. The pace of growth was the most pronounced in 2021 when exports increased by 53% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X units) was the main destination for electric oven and cooker exports from Thailand, with a 46% share of total exports. Moreover, electric oven and cooker exports to the United States exceeded the volume sent to the second major destination, Myanmar (X units), fourfold. The third position in this ranking was taken by Vietnam (X units), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at +19.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Myanmar (+46.2% per year) and Vietnam (-8.0% per year).

In value terms, the United States ($X) remains the key foreign market for electric ovens, cookers, cooking plates, boiling rings, grillers and roasters exports from Thailand, comprising 71% of total exports. The second position in the ranking was taken by Canada ($X), with a 13% share of total exports. It was followed by Vietnam, with a 3% share.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to +22.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+16.0% per year) and Vietnam (-2.2% per year).

Export Prices by Country

In 2022, the average electric oven and cooker export price amounted to $X per unit, surging by 5.4% against the previous year. Over the period under review, the export price saw a prominent increase. The pace of growth was the most pronounced in 2021 an increase of 40% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per unit), while the average price for exports to Myanmar ($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 Vietnam (+6.3%), 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 Thailand

After two years of growth, supplies from abroad of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters decreased by -41.3% to X units in 2022. Over the period under review, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 157%. Imports peaked at X units in 2021, and then contracted remarkably in the following year.

In value terms, electric oven and cooker imports fell significantly to $X in 2022. In general, imports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of 64% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X units) was the main electric oven and cooker supplier to Thailand, with a 97% share of total imports. It was followed by Vietnam (X units), with a 2.2% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +28.1%.

In value terms, China ($X) constituted the largest supplier of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters to Thailand, comprising 91% of total imports. The second position in the ranking was held by Vietnam ($X), with a 1% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to +13.2%.

Import Prices by Country

In 2022, the average electric oven and cooker import price amounted to $X per unit, growing by 33% against the previous year. In general, the import price, however, saw a deep slump. The growth pace was the most rapid in 2019 when the average import price increased by 57%. Over the period under review, average import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per unit), while the price for Vietnam stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-11.7%).

Source: IndexBox Platform

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