United Arab Emirates: Market for Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters 2024

Market Size for Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters in the United Arab Emirates

In 2022, the electric oven and cooker market in the United Arab Emirates decreased by -14.5% to $X for the first time since 2018, thus ending a three-year rising trend. Overall, consumption, however, saw resilient growth. Over the period under review, the market hit record highs at $X in 2021, and then fell in the following year.

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

Exports from the United Arab Emirates

In 2022, approx. X units of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters were exported from the United Arab Emirates; declining by -41.7% compared with 2021 figures. Over the period under review, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 when exports increased by 44% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, electric oven and cooker exports declined dramatically to $X in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 90% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Israel (X units) was the main destination for electric oven and cooker exports from the United Arab Emirates, accounting for a 31% share of total exports. Moreover, electric oven and cooker exports to Israel exceeded the volume sent to the second major destination, India (X units), twofold. The third position in this ranking was taken by Sri Lanka (X units), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume to Israel stood at +218.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (-11.8% per year) and Sri Lanka (+3.9% per year).

In value terms, Israel ($X) emerged as the key foreign market for electric ovens, cookers, cooking plates, boiling rings, grillers and roasters exports from the United Arab Emirates, comprising 66% of total exports. The second position in the ranking was held by Rwanda ($X), with a 7% share of total exports. It was followed by Sri Lanka, with a 4.3% share.

From 2012 to 2022, the average annual growth rate of value to Israel amounted to +358.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (+9.9% per year) and Sri Lanka (+7.3% per year).

Export Prices by Country

The average electric oven and cooker export price stood at $X per unit in 2022, picking up by 42% against the previous year. Overall, the export price recorded prominent growth. The pace of growth appeared the most rapid in 2017 when the average export price increased by 91%. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Israel ($X per unit), while the average price for exports to India ($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 Israel (+44.0%), 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 United Arab Emirates

After three years of growth, purchases abroad of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters decreased by -15.4% to X units in 2022. In general, imports, however, showed a resilient expansion. The growth pace was the most rapid in 2021 when imports increased by 138% against the previous year. As a result, imports reached the peak of X units, and then reduced sharply in the following year.

In value terms, electric oven and cooker imports contracted to $X in 2022. Overall, imports, however, showed a pronounced increase. The pace of growth appeared the most rapid in 2019 when imports increased by 49% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of electric oven and cooker to the United Arab Emirates, with a 87% share of total imports. It was followed by Turkey (X units), with a 1.9% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +17.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+27.3% per year) and Singapore (+54.1% per year).

In value terms, China ($X) constituted the largest supplier of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters to the United Arab Emirates, comprising 53% of total imports. The second position in the ranking was held by Turkey ($X), with an 8.2% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to +2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+9.8% per year) and Singapore (+41.0% per year).

Import Prices by Country

The average electric oven and cooker import price stood at $X per unit in 2022, remaining constant against the previous year. In general, the import price, however, faced a deep downturn. The most prominent rate of growth was recorded in 2016 an increase of 22%. Over the period under review, average import prices attained the maximum at $X per unit in 2017; however, from 2018 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 Turkey ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (-8.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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