Non-Domestic Percolators and Equipment For Cooking Or Heating Food Market

The global market for non-domestic percolators and equipment for cooking or heating food is projected to experience growth in both volume and value terms over the period from 2022 to 2030. Consumption, production, imports, and exports are all expected to increase, with key countries like the United States, China, India, Italy, and Germany playing significant roles in the market. Trends in pricing and growth rates are also analyzed, highlighting the dynamic nature of the market.

Market Forecast

Driven by increasing demand for non-domestic percolators and equipment for cooking or heating food worldwide, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to accelerate, expanding with an anticipated CAGR of +3.1% for the period from 2022 to 2030, which is projected to bring the market volume to 17M units by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +4.7% for the period from 2022 to 2030, which is projected to bring the market value to $20.8B (in nominal prices) by the end of 2030.

Consumption

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

In 2022, after two years of decline, there was significant growth in consumption of non-domestic percolators and equipment for cooking or heating food, when its volume increased by 7.8% to 13M units. The total consumption volume increased at an average annual rate of +1.8% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. Global consumption peaked at 15M units in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

The value of the market for non-domestic percolators and equipment for cooking or heating food worldwide rose slightly to $14.4B in 2022, picking up by 1.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -15.4% against 2019 indices. Over the period under review, the global market reached the maximum level at $17B in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Consumption By Country

The United States (3.8M units) remains the largest non-domestic percolators and equipment for cooking or heating food consuming country worldwide, accounting for 28% of total volume. Moreover, consumption of non-domestic percolators and equipment for cooking or heating food in the United States exceeded the figures recorded by the second-largest consumer, China (1.7M units), twofold. India (1.2M units) ranked third in terms of total consumption with an 8.9% share.

In the United States, consumption of non-domestic percolators and equipment for cooking or heating food increased at an average annual rate of +1.6% over the period from 2012-2022. The remaining consuming countries recorded the following average annual rates of consumption growth: China (-2.3% per year) and India (+3.6% per year).

In value terms, India ($2B), Japan ($1.5B) and China ($1.1B) constituted the countries with the highest levels of market value in 2022, with a combined 31% share of the global market. The United States, Turkey, Russia, Mexico, the UK, France, Italy, Canada, the Czech Republic and Brazil lagged somewhat behind, together comprising a further 32%.

In terms of the main consuming countries, the Czech Republic, with a CAGR of +17.5%, saw the highest rates of growth with regard to market size over the period under review, while food for the other global leaders experienced more modest paces of growth.

In 2022, the highest levels of per capita consumption of non-domestic percolators and equipment for cooking or heating food was registered in the Czech Republic (47 units per 1000 persons), followed by the United States (11 units per 1000 persons), Canada (10 units per 1000 persons) and the UK (5.7 units per 1000 persons), while the world average per capita consumption of non-domestic percolators and equipment for cooking or heating food was estimated at less than 0.1 units per 1000 persons.

In the Czech Republic, per capita consumption of non-domestic percolators and equipment for cooking or heating food increased at an average annual rate of +20.1% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the United States (+1.0% per year) and Canada (+3.8% per year).

Production

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

In 2022, approx. 10M units of non-domestic percolators and equipment for cooking or heating food were produced worldwide; surging by 6.3% against the year before. The total output volume increased at an average annual rate of +3.1% 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 2016 when the production volume increased by 16%. Over the period under review, global production of hit record highs at 10M units in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

In value terms, production of non-domestic percolators and equipment for cooking or heating food declined to $13.5B in 2022 estimated in export price. In general, the total production indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +5.6% against 2020 indices. The pace of growth appeared the most rapid in 2016 with an increase of 19% against the previous year. Over the period under review, global production of hit record highs at $15.7B in 2019; however, from 2020 to 2022, production remained at a lower figure.

Production By Country

China (4.4M units) constituted the country with the largest volume of production of non-domestic percolators and equipment for cooking or heating food, comprising approx. 42% of total volume. Moreover, production of non-domestic percolators and equipment for cooking or heating food in China exceeded the figures recorded by the second-largest producer, India (946K units), fivefold. Italy (762K units) ranked third in terms of total production with a 7.4% share.

From 2012 to 2022, the average annual growth rate of volume in China stood at +3.7%. In the other countries, the average annual rates were as follows: India (+1.5% per year) and Italy (+1.8% per year).

Imports

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

In 2022, the amount of non-domestic percolators and equipment for cooking or heating food imported worldwide soared to 9.7M units, rising by 17% on the previous year's figure. The total import volume increased at an average annual rate of +3.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 27% against the previous year. Over the period under review, global imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of non-domestic percolators and equipment for cooking or heating food stood at $6.4B in 2022. Overall, total imports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +6.0% 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 +36.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 21%. Global imports peaked in 2022 and are likely to continue growth in the near future.

Imports By Country

The United States dominates food structure, reaching 5.3M units, which was near 54% of total imports in 2022. It was distantly followed by Canada (494K units), comprising a 5.1% share of total imports. The following importers - India (276K units), the UK (257K units), Germany (250K units), South Africa (201K units) and France (167K units) - together made up 12% of total imports.

Imports into the United States increased at an average annual rate of +2.5% from 2012 to 2022. At the same time, India (+25.2%), France (+9.3%), South Africa (+6.5%), Canada (+4.8%), the UK (+3.9%) and Germany (+2.0%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in the world, with a CAGR of +25.2% from 2012-2022. While the share of India (+2.4 p.p.) increased significantly in terms of the global imports from 2012-2022, the share of the United States (-5.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($1.4B) constitutes the largest market for imported non-domestic percolators and equipment for cooking or heating food worldwide, comprising 22% of global imports. The second position in the ranking was held by Germany ($444M), with a 6.9% share of global imports. It was followed by the UK, with a 5.5% share.

From 2012 to 2022, the average annual growth rate of value in the United States stood at +9.3%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+5.2% per year) and the UK (+4.4% per year).

Import Prices By Country

The average import price for non-domestic percolators and equipment for cooking or heating food stood at $656 per unit in 2022, waning by -4.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 21% against the previous year. Global import price peaked at $718 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Germany ($1,777 per unit), while India ($245 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.7%), while the other global leaders experienced more modest paces of growth.

Exports

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

In 2022, global exports of non-domestic percolators and equipment for cooking or heating food surged to 6.6M units, increasing by 20% compared with 2021. Over the period under review, exports recorded a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 37%. The global exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of non-domestic percolators and equipment for cooking or heating food surged to $6.6B in 2022. Overall, total exports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.5% 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 +43.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. The global exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports By Country

In 2022, China (2.7M units) represented the major exporter of non-domestic percolators and equipment for cooking or heating food, generating 41% of total exports. The United States (1,517K units) took a 23% share (based on physical terms) of total exports, which put it in second place, followed by Italy (9.2%) and Germany (5.7%). Switzerland (202K units), Australia (148K units), the Netherlands (137K units) and Spain (132K units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Spain (with a CAGR of +20.6%), while the other global leaders experienced more modest paces of growth.

In value terms, Italy ($1.3B), Germany ($1.1B) and the United States ($849M) were the countries with the highest levels of exports in 2022, with a combined 49% share of global exports. Switzerland, China, the Netherlands, Spain and Australia lagged somewhat behind, together accounting for a further 28%.

China, with a CAGR of +15.1%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices By Country

In 2022, the average export price for non-domestic percolators and equipment for cooking or heating food amounted to $999 per unit, declining by -3.7% against the previous year. Over the period under review, the export price saw a mild descent. The pace of growth was the most pronounced in 2015 when the average export price increased by 40%. The global export price peaked at $2,037 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($3,410 per unit), while Australia ($88 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.1%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform