U.S.: 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 the U.S.

For the third consecutive year, the U.S. electric oven and cooker market recorded growth in sales value, which increased by 4.9% to $X in 2022. In general, consumption, however, continues to indicate buoyant growth. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the near future.

Production of Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters in the U.S.

In value terms, electric oven and cooker production amounted to $X in 2022. The total output value increased at an average annual rate of +1.0% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2015 with an increase of 6.8% against the previous year. Electric oven and cooker production peaked at $X in 2018; afterwards, it flattened through to 2022.

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

Exports from the U.S.

After four years of growth, overseas shipments of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters decreased by -3.4% to X units in 2022. Overall, total exports indicated a pronounced increase from 2012 to 2022: its volume increased at an average annual rate of +4.4% 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 +49.5% against 2017 indices. The pace of growth appeared the most rapid in 2020 with an increase of 23%. Over the period under review, the exports attained the maximum at X units in 2021, and then reduced in the following year.

In value terms, electric oven and cooker exports declined modestly to $X in 2022. The total export value increased at an average annual rate of +1.2% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 13%. As a result, the exports attained the peak of $X, and then reduced modestly in the following year.

Exports by Country

Canada (X units) was the main destination for electric oven and cooker exports from the United States, with a 81% share of total exports. Moreover, electric oven and cooker exports to Canada exceeded the volume sent to the second major destination, Mexico (X units), more than tenfold. The third position in this ranking was taken by South Korea (X units), with a 1.8% share.

From 2012 to 2022, the average annual growth rate of volume to Canada totaled +7.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+11.8% per year) and South Korea (+18.0% per year).

In value terms, Canada ($X) remains the key foreign market for electric ovens, cookers, cooking plates, boiling rings, grillers and roasters exports from the United States, comprising 75% of total exports. The second position in the ranking was taken by Mexico ($X), with a 4.5% share of total exports. It was followed by Australia, with a 1.8% share.

From 2012 to 2022, the average annual growth rate of value to Canada totaled +1.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+12.9% per year) and Australia (+9.7% per year).

Export Prices by Country

The average electric oven and cooker export price stood at $X per unit in 2022, approximately reflecting the previous year. In general, the export price, however, saw a pronounced shrinkage. The pace of growth appeared the most rapid in 2016 when the average export price increased by 5.4%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Canada ($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 (+9.5%), 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 the U.S.

In 2022, after two years of growth, there was significant decline in supplies from abroad of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters, when their volume decreased by -21.2% to X units. Over the period under review, imports, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of 42%. Over the period under review, imports attained the peak figure at X units in 2021, and then fell rapidly in the following year.

In value terms, electric oven and cooker imports expanded slightly to $X in 2022. Overall, imports, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2018 when imports increased by 33%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X units) constituted the largest supplier of electric oven and cooker to the United States, accounting for a 88% share of total imports. Moreover, electric oven and cooker imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+21.8% per year) and Mexico (+8.3% per year).

In value terms, China ($X) constituted the largest supplier of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters to the United States, comprising 43% of total imports. The second position in the ranking was held by Mexico ($X), with a 22% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China totaled +9.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+14.3% per year) and Thailand (+14.4% per year).

Import Prices by Country

The average electric oven and cooker import price stood at $X per unit in 2022, increasing by 29% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.5%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+5.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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