IndexBox has just published a new report: ‘EU – Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters – Market Analysis, Forecast, Size, Trends and Insights‘. Here is a summary of the report’s key findings.

In Q1-Q3 2021, the trade value on the EU electric cooker market reached $5.2B, surging by 33% against the same period of the previous year. The leading European suppliers, Germany, Poland and Italy, increased electric cooker exports by more than 28% compared to 2020’s figures.

EU electric cooker trade is forecast to hit a record $30B in 2021. During Q1-Q3 2021, electric cooker exports in the EU reached $5.2B, rising by 33% against the same period in 2020. This figure includes the total value of ovens, plates, boiling rings, grillers, rollers and other electric cookers and their accessories.

The largest European electric cooker exporter, Germany, ramped up supplies by 30% to $1.6B. Poland’s foreign sales rose by 28% to $772M, while Italy expanded electric cooker exports by 46% to $766M over the period under review.

EU Electric Cooker Exports by Country

In 2020, electric oven and cooker exports stood at $5.6B (IndexBox estimates), rising by 8.1% from 2019’s figures. The largest electric oven and cooker supplying countries in the EU were Germany ($1.7B), Poland ($884M) and Italy ($778M), together accounting for 62% of total supplies. Spain, Slovenia, the Netherlands and the Czech Republic lagged somewhat behind, accounting for a further 20%.

The electric oven and cooker export price in the EU stood at $126 per unit in 2020, picking up by 5.6% against the previous year. The most notable rate of growth in terms of prices was attained by Slovenia, while the other leaders experienced more modest paces of growth during 2020.

Source: IndexBox Platform