Australia - Domestic Electric Toasters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDomestic Toaster Price in Australia - 2023
Contents:
- Domestic Toaster Price in Australia (CIF) - 2023
- Domestic Toaster Price in Australia (FOB) - 2022
- Domestic Toaster Imports in Australia
- Domestic Toaster Exports in Australia
Domestic Toaster Price in Australia (CIF) - 2023
The average domestic toaster import price stood at $15.1 per unit in September 2023, declining by -15.7% against the previous month. Over the period under review, the import price showed a slight downturn. The pace of growth was the most pronounced in January 2023 when the average import price increased by 21% month-to-month. Over the period under review, average import prices reached the maximum at $21.5 per unit in November 2022; however, from December 2022 to September 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From September 2022 to September 2023, the rate of growth in terms of prices for China amounted to -1.0% per month.
Domestic Toaster Price in Australia (FOB) - 2022
In 2022, the average domestic toaster export price amounted to $40 per unit, increasing by 22% against the previous year. In general, the export price enjoyed buoyant growth. The pace of growth appeared the most rapid in 2021 an increase of 112% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Zealand ($49 per unit), while the average price for exports to Fiji ($16 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 China (+46.4%), while the prices for the other major destinations experienced mixed trend patterns.
Domestic Toaster Imports in Australia
In 2022, purchases abroad of domestic electric toasters decreased by -4.3% to 2.1M units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 6.7% against the previous year. Over the period under review, imports hit record highs at 2.1M units in 2021, and then fell in the following year.
In value terms, domestic toaster imports rose to $41M in 2022. The total import value increased at an average annual rate of +9.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 19%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
Import of Domestic Toaster in Australia (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 31.2 | 33.2 | 38.8 | 40.8 | 9.4% |
Others | 0.6 | 0.2 | 1.1 | 0.5 | -5.9% |
Total | 31.8 | 33.5 | 39.9 | 41.2 | 9.0% |
Top Suppliers of Domestic Toaster to Australia in 2022:
- China (2.0M units)
Domestic Toaster Exports in Australia
In 2022, the amount of domestic electric toasters exported from Australia contracted rapidly to 9.5K units, which is down by -57.4% on the previous year. In general, exports faced a sharp decrease. The smallest decline of -24.2% was in 2020. Over the period under review, the exports attained the maximum at 66K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, domestic toaster exports reduced markedly to $377K in 2022. Overall, exports continue to indicate a significant curtailment. The smallest decline of -5.9% was in 2021. Over the period under review, the exports reached the maximum at $935K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Domestic Toaster in Australia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
New Zealand | 803 | 629 | 652 | 304 | -27.7% |
Fiji | 2.0 | N/A | 10.8 | 30.5 | 148.0% |
Papua New Guinea | 12.4 | 26.6 | 9.4 | 19.1 | 15.5% |
United States | 70.9 | 84.7 | N/A | N/A | 19.5% |
Others | 47.5 | 32.8 | 55.7 | 22.7 | -21.8% |
Total | 935 | 773 | 728 | 377 | -26.1% |
Top Export Markets for Domestic Toaster from Australia in 2022:
- New Zealand (6.3K units)
- Fiji (1.9K units)
- Papua New Guinea (0.9K units)
This report provides an in-depth analysis of the domestic toaster market in Australia. 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 27512450 - Domestic electric toasters (including toaster ovens for toasting bread, potatoes or other small items)
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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
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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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The price of the Domestic Toaster in May 2023 was $16.0 per unit (CIF, Australia), showing a 1.6% increase compared to the previous month.
In June 2023, the price of the Domestic Coffee Machine in Australia reached $140 per unit (CIF), marking a 7.7% increase compared to the previous month.
In May 2023, the price of the Electric Water Heater reached $114 per unit (CIF, Australia), representing a decrease of 8.9% compared to the previous month.
Electric Heating Equipment imports reached 2.4M units in 2022, but dropped to $87M in value in 2023.
During the review period, the import of Electric Heating Equipment reached a record high of 497K units in February 2023. However, from March 2023 to October 2023, imports remained at a slightly lower level. In terms of value, imports of electric heating equipment experienced a rapid contraction, reaching $2.8M in October 2023.
In April 2023, the electric oven and cooker price stood at $136 per unit (CIF, Australia), with a decrease of -4.9% against the previous month.
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