United Kingdom: Market for Non-Domestic Percolators and Equipment For Cooking Or Heating Food 2024

Market Size for Non-Domestic Percolators and Equipment For Cooking Or Heating Food in the UK

In 2022, the UK market for non-domestic percolators and equipment for cooking or heating food increased by 28% to $X, rising for the second year in a row after four years of decline. The market value increased at an average annual rate of +1.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Production of Non-Domestic Percolators and Equipment For Cooking Or Heating Food in the UK

In value terms, production of non-domestic percolators and equipment for cooking or heating food contracted slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.8% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2014 when the production volume increased by 24%. As a result, production reached the peak level of $X. From 2015 to 2022, production of growth remained at a lower figure.

Exports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Exports from the UK

In 2022, overseas shipments of non-domestic percolators and equipment for cooking or heating food increased by 0.5% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 200%. Over the period under review, the exports of hit record highs at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of non-domestic percolators and equipment for cooking or heating food totaled $X in 2022. In general, exports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2015 with an increase of 149%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for exports of non-domestic percolators and equipment for cooking or heating food from the UK, accounting for a 41% share of total exports. Moreover, exports of non-domestic percolators and equipment for cooking or heating food to the United States exceeded the volume sent to the second major destination, Germany (X units), fourfold. The third position in this ranking was taken by Ireland (X units), with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at +31.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+14.1% per year) and Ireland (-0.5% per year).

In value terms, the United States ($X) emerged as the key foreign market for non-domestic percolators and equipment for cooking or heating food exports from the UK, comprising 41% of total exports. The second position in the ranking was held by Germany ($X), with a 10% share of total exports. It was followed by Ireland, with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to +37.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+18.7% per year) and Ireland (+3.5% per year).

Export Prices by Country

The average export price for non-domestic percolators and equipment for cooking or heating food stood at $X per unit in 2022, increasing by 6.7% against the previous year. Over the period under review, the export price saw pronounced growth. The pace of growth was the most pronounced in 2019 an increase of 79%. Over the period under review, the average export prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Poland ($X per unit) and France ($X per unit), while the average price for exports to Spain ($X per unit) and Australia ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Imports into the UK

In 2022, supplies from abroad of non-domestic percolators and equipment for cooking or heating food increased by 81% to X units, rising for the second year in a row after two years of decline. Over the period under review, imports recorded a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of non-domestic percolators and equipment for cooking or heating food surged to $X in 2022. In general, total imports indicated a notable expansion from 2012 to 2022: its value 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, imports increased by +63.0% against 2020 indices. Over the period under review, imports of hit record highs at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X units), the United States (X units) and Italy (X units) were the main suppliers of imports of non-domestic percolators and equipment for cooking or heating food to the UK, together accounting for 54% of total imports. Switzerland, China, Sweden, France and the Netherlands lagged somewhat behind, together comprising a further 34%.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of +31.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest non-domestic percolators and equipment for cooking or heating food suppliers to the UK were Germany ($X), the United States ($X) and Italy ($X), together accounting for 54% of total imports. Switzerland, China, Sweden, France and the Netherlands lagged somewhat behind, together accounting for a further 34%.

Sweden, with a CAGR of +25.5%, recorded the highest rates of growth with regard to 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 import price for non-domestic percolators and equipment for cooking or heating food amounted to $X per unit, dropping by -24.7% against the previous year. Over the period under review, the import price saw a pronounced reduction. The growth pace was the most rapid in 2014 an increase of 52%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($X per unit) and the United States ($X per unit), while the price for the Netherlands ($X per unit) and France ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (-4.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform