Malaysia - Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Electric Oven and Cooker in Malaysia - 2021
Contents:
- Price for Electric Oven and Cooker in Malaysia (FOB) - 2022
- Price for Electric Oven and Cooker in Malaysia (CIF) - 2022
- Exports of Electric Oven and Cooker in Malaysia
- Imports of Electric Oven and Cooker in Malaysia
Price for Electric Oven and Cooker in Malaysia (FOB) - 2022
In 2022, the average electric oven and cooker export price amounted to $103 per unit, falling by -29.5% against the previous year. Over the period under review, the export price, however, showed a temperate increase. The most prominent rate of growth was recorded in 2015 an increase of 109%. The export price peaked at $158 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($120 per unit), while the average price for exports to Singapore ($29 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 the UK (+10.3%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Electric Oven and Cooker in Malaysia (CIF) - 2022
In 2022, the average electric oven and cooker import price amounted to $192 per unit, with an increase of 17% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($177 per unit), while the price for India ($177 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.6%), while the prices for the other major suppliers experienced a decline.
Exports of Electric Oven and Cooker in Malaysia
Electric oven and cooker exports from Malaysia surged to 2.2M units in 2022, growing by 64% compared with 2021 figures. Overall, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +21.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.8% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, electric oven and cooker exports soared to $224M in 2022. The total export value increased at an average annual rate of +8.0% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 26% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
Export of Electric Oven and Cooker in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 34.8 | 48.2 | 42.5 | 58.8 | 19.1% |
France | 20.9 | 24.5 | 20.8 | 23.4 | 3.8% |
Italy | 7.3 | 19.7 | 19.1 | 20.6 | 41.3% |
South Korea | 44.6 | 50.5 | 27.3 | 17.1 | -27.4% |
United Kingdom | 8.0 | 8.6 | 7.3 | 16.8 | 28.1% |
Vietnam | 8.0 | 10.2 | 11.4 | 15.8 | 25.5% |
Netherlands | 7.9 | 12.5 | 10.5 | 14.9 | 23.6% |
Sweden | 3.6 | 9.8 | 7.7 | 10.6 | 43.3% |
Kazakhstan | 2.9 | 3.1 | 4.1 | 9.5 | 48.5% |
Slovakia | 1.8 | 2.3 | 2.4 | 7.9 | 63.7% |
Singapore | 3.3 | 2.7 | 2.6 | 2.6 | -7.6% |
United States | 17.0 | 2.0 | 1.9 | 2.2 | -49.4% |
Hong Kong SAR | 1.3 | 1.4 | 0.4 | N/A | -44.5% |
Others | 16.6 | 28.1 | 36.8 | 24.0 | 13.1% |
Total | 178 | 224 | 195 | 224 | 8.0% |
Top Export Markets for Electric Oven and Cooker from Malaysia in 2022:
- Poland (488.9K units)
- Vietnam (349.1K units)
- France (194.6K units)
- Italy (170.9K units)
- South Korea (142.0K units)
- United Kingdom (139.6K units)
- Netherlands (123.9K units)
- Singapore (89.5K units)
- Sweden (88.4K units)
- Kazakhstan (78.8K units)
- Slovakia (65.8K units)
- United States (18.7K units)
- Hong Kong SAR (0.5K units)
Imports of Electric Oven and Cooker in Malaysia
In 2022, after three 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 -32.8% to 429K units. Over the period under review, imports recorded a noticeable reduction. The pace of growth was the most pronounced in 2020 with an increase of 19%. Imports peaked at 639K units in 2021, and then dropped remarkably in the following year.
In value terms, electric oven and cooker imports dropped sharply to $82M in 2022. The total import value increased at an average annual rate of +5.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 30% against the previous year. Imports peaked at $104M in 2021, and then fell markedly in the following year.
Import of Electric Oven and Cooker in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 61.2 | 84.7 | 96.4 | 68.5 | 3.8% |
India | 0.7 | 0.3 | 1.2 | 4.9 | 91.3% |
Others | 8.7 | 6.4 | 6.6 | 8.7 | 0.0% |
Total | 70.5 | 91.4 | 104 | 82.2 | 5.3% |
Top Suppliers of Electric Oven and Cooker to Malaysia in 2022:
- China (387.5K units)
- India (28.0K units)
This report provides an in-depth analysis of the market for electric oven and cooker in Malaysia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27512810 - Domestic electric cookers with at least an oven and a hob (including combined gas-electric appliances)
- Prodcom 27512830 - Electric cooking plates, boiling rings and hobs for domestic use
- Prodcom 27512850 - Domestic electric grills and roasters
- Prodcom 27512870 - Domestic electric ovens for building-in
- Prodcom 27512890 - Domestic electric ovens (excluding those for building-in, m icrowave ovens)
Country coverage:
- Malaysia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Malaysia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In 2016, the amount of oven and cooker imported worldwide amounted to X tons, increasing by X% against the previous year level. The total import volume increased at an average annual rate of +X>
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