Report Update May 1, 2024

World - Electric Furnaces and Ovens - Market Analysis, Forecast, Size, Trends and Insights

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Global Electric Oven Market 2020

Electric Oven Market Size

The global electric oven market revenue amounted to $X in 2017, reducing by -X% against the previous year. In general, electric oven consumption continues to indicate a slight downturn. The most prominent rate of growth was recorded in 2015, when market value increased by X% year-to-year. Global electric oven consumption peaked of $X in 2016, and then declined slightly in the following year.

Electric Oven Production

In 2017, the amount of electric furnaces and ovens produced worldwide amounted to X units, standing approx. at the previous year. Overall, electric oven production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011, with an increase of X% y-o-y. Over the period under review, the global electric oven production attained its maximum volume in 2017, and is likely to continue its growth in the near future.

Electric Oven Exports

Global exports stood at X units in 2017, surging by X% against the previous year. In general, electric oven exports continue to indicate a slight increase. The pace of growth was the most pronounced in 2012, when exports increased by X% year-to-year. In that year, the global electric oven exports reached their peak volume of X units. From 2013 to 2017, growth of the global electric oven exports failed to regain its momentum.

In value terms, electric oven exports amounted to $X in 2017. The total export value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded over the period under review. Over the period under review, the global electric oven exports attained its maximum level in 2017, and are likely to continue its growth in the near future.

Electric Oven Exports by Country

The countries with the highest levels of electric oven exports in 2017 were the UK (X units), Thailand (X units) and the U.S. (X units), together accounting for X% of total export. Chile (X units) ranks second in terms of the global exports with a X% share, followed by China (X%). South Africa (X units), the Netherlands (X units), Japan (X units), the Czech Republic (X units), India (X units), South Korea (X units) and Taiwan, Chinese (X units) took the minor share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Chile (+X% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the largest electric oven markets worldwide were China ($X), the U.S. ($X) and Japan ($X), with a combined X% share of global exports.

China (+X% per year) recorded the highest growth rate of exports, among the main exporting countries over the last decade, while the other global leaders experienced more modest paces of growth.

Electric Oven Export Prices by Country

The average electric oven export price stood at $X per unit in 2017, going down by -X% against the previous year. Overall, electric oven export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015, when the average export prices increased by X% y-o-y. Global export price peaked of $X per unit in 2016, and then declined slightly in the following year.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Japan ($X thousand per unit), while Chile ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Taiwan, Chinese (+X% per year), while the other global leaders experienced more modest paces of growth.

Electric Oven Imports

In 2017, the global imports of electric furnaces and ovens amounted to X units, going up by X% against the previous year. Overall, the total imports indicated a strong growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the electric oven imports increased by +X% against 2013 indices. The growth pace was the most rapid in 2017, when imports increased by X% year-to-year. In that year, the global electric oven imports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, electric oven imports stood at $X in 2017. In general, electric oven imports continue to indicate a slight shrinkage. In that year, the global electric oven imports attained their peak level of $X. From 2009 to 2017, growth of the global electric oven imports stood at a somewhat lower level.

Electric Oven Imports by Country

In 2017, Nigeria (X units), distantly followed by Thailand (X units), Vietnam (X units), Ecuador (X units) and Mexico (X units) were the main importers of electric furnaces and ovens, together constituting X% of total imports. The following importers - the U.S. (X units), Peru (X units), the UK (X units), South Korea (X units) and Uganda (X units) together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Vietnam (+X% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the largest electric oven markets worldwide were the U.S. ($X), Mexico ($X) and Vietnam ($X), together accounting for X% of global imports. South Korea, the UK, Thailand, Nigeria, Ecuador, Peru and Uganda lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries , Ecuador (+X% per year) recorded the highest rates of growth with regard to imports, over the last decade, while the other global leaders experienced more modest paces of growth.

Electric Oven Import Prices by Country

The average electric oven import price stood at $X per unit in 2017, coming down by -X% against the previous year. In general, electric oven import price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2011, an increase of X% year-to-year. Global import price peaked of $X per unit in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was the U.S. ($X per unit), while Nigeria ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the UK (+X% per year), while the other global leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

This report provides an in-depth analysis of the global electric oven market. 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 2025.

Product coverage:

Prodcom 28211354 - Electric furnaces and ovens (excluding induction-and resistance-heated), equipment for the heat treatment of materials by induction, other than ovens and furnaces.

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023