Turkey: 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 Turkey

In 2022, the Turkish electric oven and cooker market increased by 84% to $X, rising for the fourth consecutive year after four years of decline. Overall, consumption recorded buoyant growth. Electric oven and cooker consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

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

In value terms, electric oven and cooker production dropped significantly to $X in 2022 estimated in export price. In general, production, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 102% against the previous year. Electric oven and cooker production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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

Exports from Turkey

After five years of growth, overseas shipments of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters decreased by -13.9% to X units in 2022. The total export volume increased at an average annual rate of +2.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 15%. As a result, the exports reached the peak of X units, and then reduced in the following year.

In value terms, electric oven and cooker exports fell to $X in 2022. Overall, total exports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.8% against 2016 indices. The pace of growth was the most pronounced in 2021 with an increase of 33%. As a result, the exports attained the peak of $X, and then shrank in the following year.

Exports by Country

The UK (X units), Russia (X units) and Italy (X units) were the main destinations of electric oven and cooker exports from Turkey, together accounting for 24% of total exports. Germany, France, Spain, Greece, Iraq, Poland, Morocco, Israel, Romania and Uzbekistan lagged somewhat behind, together accounting for a further 36%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +17.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electric oven and cooker exported from Turkey were the UK ($X), Germany ($X) and France ($X), together comprising 29% of total exports. Russia, Italy, Spain, Poland, Greece, Romania, Israel, Iraq, Morocco and Uzbekistan lagged somewhat behind, together accounting for a further 32%.

Spain, with a CAGR of +20.2%, recorded the highest rates of growth with regard to 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

In 2022, the average electric oven and cooker export price amounted to $X per unit, surging by 3.1% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2021 an increase of 15% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady 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 the UK ($X per unit), while the average price for exports to Uzbekistan ($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 Romania (+9.1%), 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 Turkey

Electric oven and cooker imports into Turkey surged to X units in 2022, jumping by 47% against 2021. Over the period under review, imports recorded a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 82%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, electric oven and cooker imports surged to $X in 2022. Overall, imports enjoyed perceptible growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest electric oven and cooker supplier to Turkey, with a 75% share of total imports. Moreover, electric oven and cooker imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), eightfold. Spain (X units) ranked third in terms of total imports with a 6.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +30.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+12.5% per year) and Spain (+9.6% per year).

In value terms, the largest electric oven and cooker suppliers to Turkey were China ($X), Germany ($X) and Spain ($X), together accounting for 79% of total imports. Italy, Slovenia, Greece and Iraq lagged somewhat behind, together accounting for a further 14%.

Iraq, with a CAGR of +43.8%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average electric oven and cooker import price amounted to $X per unit, growing by 2.4% against the previous year. In general, the import price, however, recorded a deep setback. The most prominent rate of growth was recorded in 2013 when the average import price increased by 36% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Iraq ($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 (+6.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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