Domestic, Non-Electric, Cooking Or Heating Appliance Market

The global market for domestic, non-electric cooking or heating appliances is projected to see an increase in consumption over the next eight years, with a forecasted deceleration in market performance. India remains the largest consumer and producer of these appliances, with impressive growth rates in both volume and value terms. China and the United States also play significant roles in the global market. Import and export trends show notable fluctuations, with iron or steel gas cooking appliances being the dominant product in both exports and imports. The average import and export prices for these appliances have shown varying growth rates over the past decade.

Market Forecast

Driven by increasing demand for domestic, non-electric, cooking or heating appliances worldwide, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +3.2% for the period from 2022 to 2030, which is projected to bring the market volume to 1.1B units by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +3.9% for the period from 2022 to 2030, which is projected to bring the market value to $24.2B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Domestic, Non-Electric, Cooking Or Heating Appliances

Global consumption of domestic, non-electric, cooking or heating appliances surged to 844M units in 2022, with an increase of 16% against the previous year's figure. Overall, consumption showed a strong expansion. Over the period under review, global consumption of reached the peak volume at 949M units in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

The value of the market for domestic, non-electric, cooking or heating appliances worldwide dropped to $17.8B in 2022, which is down by -7.8% 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 strong growth from 2012 to 2022: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +13.7% against 2020 indices. As a result, consumption reached the peak level of $19.3B, and then shrank in the following year.

Consumption By Country

India (628M units) remains the largest domestic, non-electric, cooking or heating appliance consuming country worldwide, comprising approx. 74% of total volume. Moreover, consumption of domestic, non-electric, cooking or heating appliances in India exceeded the figures recorded by the second-largest consumer, China (58M units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume in India totaled +10.6%. In the other countries, the average annual rates were as follows: China (+7.7% per year) and the United States (+5.9% per year).

In value terms, the largest domestic, non-electric, cooking or heating appliance markets worldwide were India ($3.2B), the United States ($3B) and China ($1.9B), with a combined 45% share of the global market.

Among the main consuming countries, China, with a CAGR of +8.5%, recorded the highest growth rate of market size over the period under review, while appliances for the other global leaders experienced more modest paces of growth.

In India, per capita consumption of domestic, non-electric, cooking or heating appliances expanded at an average annual rate of +9.5% over the period from 2012-2022. The remaining consuming countries recorded the following average annual rates of per capita consumption growth: the United States (+5.2% per year) and China (+6.9% per year).

Production

World Production of Domestic, Non-Electric, Cooking Or Heating Appliances

In 2022, the amount of domestic, non-electric, cooking or heating appliances produced worldwide surged to 878M units, picking up by 16% against the year before. In general, production continues to indicate a remarkable increase. The growth pace was the most rapid in 2015 with an increase of 35% against the previous year. Over the period under review, global production of attained the peak volume at 1B units in 2020; however, from 2021 to 2022, production remained at a lower figure.

In value terms, production of domestic, non-electric, cooking or heating appliances contracted to $15.6B in 2022 estimated in export price. Over the period under review, the total production indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +2.6% 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 +11.4% against 2020 indices. The most prominent rate of growth was recorded in 2015 with an increase of 24% against the previous year. Global production peaked at $24.3B in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Production By Country

India (632M units) remains the largest domestic, non-electric, cooking or heating appliance producing country worldwide, comprising approx. 72% of total volume. Moreover, production of domestic, non-electric, cooking or heating appliances in India exceeded the figures recorded by the second-largest producer, China (168M units), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume in India totaled +10.7%.

Imports

World Imports of Domestic, Non-Electric, Cooking Or Heating Appliances

After two years of growth, purchases abroad of domestic, non-electric, cooking or heating appliances decreased by -19% to 116M units in 2022. Over the period under review, total imports indicated notable growth from 2012 to 2022: its volume increased at an average annual rate of +2.3% 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 +31.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 39% against the previous year. As a result, imports reached the peak of 143M units, and then dropped significantly in the following year.

In value terms, imports of domestic, non-electric, cooking or heating appliances reduced to $8.6B in 2022. Overall, total imports indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +4.5% 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 +47.2% against 2016 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 34%. As a result, imports reached the peak of $9.9B, and then fell in the following year.

Imports By Country

In 2022, the United States (29M units) was the major importer of domestic, non-electric, cooking or heating appliances, creating 25% of total imports. Germany (7.9M units) ranks second in terms of the total imports with a 6.8% share, followed by Japan (6.1%), France (5%) and the Netherlands (4.9%). The UK (3.7M units), Spain (3.3M units), Canada (3.2M units), Thailand (2.8M units), Australia (2.6M units), the Philippines (2.6M units), Malaysia (2.4M units) and Poland (2.4M units) followed a long way behind the leaders.

Imports into the United States increased at an average annual rate of +5.1% from 2012 to 2022. At the same time, Germany (+16.1%), Japan (+15.5%), Poland (+11.0%), Thailand (+7.4%), the Philippines (+6.4%), Malaysia (+5.4%), the Netherlands (+5.2%), Spain (+5.1%), France (+4.4%), Canada (+3.3%) and Australia (+1.7%) displayed positive paces of growth. Moreover, Germany emerged as the fastest-growing importer imported in the world, with a CAGR of +16.1% from 2012-2022. By contrast, the UK (-3.6%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United States, Germany and Japan increased by +6, +4.9 and +4.3 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($3.2B) constitutes the largest market for imported domestic, non-electric, cooking or heating appliances worldwide, comprising 37% of global imports. The second position in the ranking was taken by Germany ($605M), with a 7% share of global imports. It was followed by Canada, with a 5.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States totaled +7.0%. In the other countries, the average annual rates were as follows: Germany (+9.6% per year) and Canada (+4.0% per year).

Imports By Type

Iron or steel gas domestic cooking appliances and plate warmers (67M units) and cooking appliances and plate warmers; for solid fuel and fuels other than gas or liquid, of iron or steel (45M units) prevails in appliances structure, together constituting 97% of total imports. Cooking appliances and plate warmers; for liquid fuel, of iron or steel (3.4M units) held a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for cooking appliances and plate warmers; for solid fuel and fuels other than gas or liquid, of iron or steel (with a CAGR of +4.7%), while purchases for the other products experienced mixed trends in the imports figures.

In value terms, iron or steel gas domestic cooking appliances and plate warmers ($6.7B) constitutes the largest type of domestic, non-electric, cooking or heating appliances imported worldwide, comprising 78% of global imports. The second position in the ranking was taken by cooking appliances and plate warmers; for solid fuel and fuels other than gas or liquid, of iron or steel ($1.8B), with a 21% share of global imports.

For iron or steel gas domestic cooking appliances and plate warmers , imports increased at an average annual rate of +3.4% over the period from 2012-2022. With regard to the other imported products, the following average annual rates of growth were recorded: cooking appliances and plate warmers; for solid fuel and fuels other than gas or liquid, of iron or steel (+10.6% per year) and cooking appliances and plate warmers; for liquid fuel, of iron or steel (+4.0% per year).

Import Prices By Type

The average import price for domestic, non-electric, cooking or heating appliances stood at $74 per unit in 2022, increasing by 7.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The pace of growth appeared the most rapid in 2017 when the average import price increased by 11% against the previous year. Global import price peaked at $75 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by the product type; the product with the highest price was iron or steel gas domestic cooking appliances and plate warmers ($99 per unit), while the price for cooking appliances and plate warmers; for liquid fuel, of iron or steel ($35 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by cooking appliances and plate warmers; for liquid fuel, of iron or steel (+19.9%), while the other products experienced more modest paces of growth.

Import Prices By Country

In 2022, the average import price for domestic, non-electric, cooking or heating appliances amounted to $74 per unit, with an increase of 7.9% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2017 when the average import price increased by 11%. Global import price peaked at $75 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Canada ($145 per unit), while Japan ($8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+12.4%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Domestic, Non-Electric, Cooking Or Heating Appliances

In 2022, shipments abroad of domestic, non-electric, cooking or heating appliances decreased by -12.8% to 150M units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated slight growth from 2012 to 2022: its volume increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when exports increased by 72% against the previous year. Over the period under review, the global exports of reached the maximum at 172M units in 2021, and then shrank in the following year.

In value terms, exports of domestic, non-electric, cooking or heating appliances fell to $7.7B in 2022. In general, total exports indicated a pronounced 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, exports increased by +42.9% against 2016 indices. The pace of growth was the most pronounced in 2021 when exports increased by 34% against the previous year. As a result, the exports attained the peak of $9B, and then reduced in the following year.

Exports By Country

China dominates appliances structure, accounting for 110M units, which was near 73% of total exports in 2022. It was distantly followed by Turkey (7.5M units), generating a 5% share of total exports. The following exporters - Germany (5M units), the Netherlands (3.7M units), India (3.6M units) and Italy (2.3M units) - together made up 9.7% of total exports.

Exports from China increased at an average annual rate of +1.8% from 2012 to 2022. At the same time, India (+18.6%), Germany (+15.2%), Turkey (+6.3%) and the Netherlands (+2.4%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in the world, with a CAGR of +18.6% from 2012-2022. By contrast, Italy (-3.9%) illustrated a downward trend over the same period. Germany (+2.3 p.p.), India (+1.9 p.p.) and Turkey (+1.7 p.p.) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($3.9B) remains the largest domestic, non-electric, cooking or heating appliance supplier worldwide, comprising 51% of global exports. The second position in the ranking was held by Turkey ($497M), with a 6.5% share of global exports. It was followed by Italy, with a 5.3% share.

In China, exports of domestic, non-electric, cooking or heating appliances increased at an average annual rate of +6.3% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Turkey (+4.7% per year) and Italy (-3.9% per year).

Exports By Type

Iron or steel gas domestic cooking appliances and plate warmers represented the largest exported product with an export of around 91M units, which accounted for 60% of total exports. It was distantly followed by cooking appliances and plate warmers; for solid fuel and fuels other than gas or liquid, of iron or steel (49M units) and cooking appliances and plate warmers; for liquid fuel, of iron or steel (12M units), together committing a 40% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exported products, was attained by iron or steel gas domestic cooking appliances and plate warmers (with a CAGR of +3.0%), while the other products experienced mixed trends in the exports figures.

In value terms, iron or steel gas domestic cooking appliances and plate warmers ($6.2B) remains the largest type of domestic, non-electric, cooking or heating appliances supplied worldwide, comprising 80% of global exports. The second position in the ranking was taken by cooking appliances and plate warmers; for solid fuel and fuels other than gas or liquid, of iron or steel ($1.4B), with an 18% share of global exports.

For iron or steel gas domestic cooking appliances and plate warmers , exports increased at an average annual rate of +2.8% over the period from 2012-2022. For the other products, the average annual rates were as follows: cooking appliances and plate warmers; for solid fuel and fuels other than gas or liquid, of iron or steel (+7.3% per year) and cooking appliances and plate warmers; for liquid fuel, of iron or steel (+1.1% per year).

Export Prices By Type

The average export price for domestic, non-electric, cooking or heating appliances stood at $51 per unit in 2022, falling by -2.1% against the previous year. Overall, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for domestic, non-electric, cooking or heating appliances increased by +21.1% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 80%. As a result, the export price attained the peak level of $85 per unit. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exported products. In 2022, the product with the highest price was iron or steel gas domestic cooking appliances and plate warmers ($68 per unit), while the average price for exports of cooking appliances and plate warmers; for liquid fuel, of iron or steel ($11 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by cooking appliances and plate warmers; for solid fuel and fuels other than gas or liquid, of iron or steel (+5.0%), while the other products experienced mixed trends in the export price figures.

Export Prices By Country

The average export price for domestic, non-electric, cooking or heating appliances stood at $51 per unit in 2022, dropping by -2.1% against the previous year. In general, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for domestic, non-electric, cooking or heating appliances increased by +21.1% against 2020 indices. The growth pace was the most rapid in 2014 an increase of 80% against the previous year. As a result, the export price attained the peak level of $85 per unit. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Italy ($179 per unit), while India ($8.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+18.8%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform