Cookers & Ovens - Equatorial Guinea
Equatorial Guinea- In 2024, the revenue in the Cookers & Ovens market in Equatorial Guinea amounts to US$48.33m.
- It is projected that the market will experience an annual growth rate of 8.26% from 2024 to 2029 (CAGR 2024-2029).
- When compared globally, the highest revenue is generated China, reaching US$31bn in 2024.
- In terms of per household revenues, in Equatorial Guinea generates US$120.50 in 2024.
- Looking ahead to 2029, the volume in the Cookers & Ovens market is expected to reach 101.6k pieces units.
- Additionally, there is an estimated volume growth of 4.8% units in 2025.0.
- On average, each household in Equatorial Guinea is expected to have a volume of 0.20pieces units in the Cookers & Ovens market by 2024.
- Despite its hot climate, Equatorial Guinea has seen a rise in demand for high-quality cookers and ovens, driven by a growing middle class and a desire for modern kitchen appliances.
Definition: The category of cookers and ovens encompasses various electric appliances designed for domestic use, including electric cookers, portable electric cooktops featuring one or more hotplates, electric built-in ovens, ovens, and cooktops. Commercial appliances, heating stoves, grills, and roasters are excluded from this category.
Additional Information: The market comprises key performance indicators such as revenues, volume, price per unit, average revenue and volume per household, and sales channels.
Note that the volume sales only refer to B2C (business to consumer) sales, via both the offline and the online channel. The average revenue and volume per household are determined by dividing the revenues and volume by the number of households, where a household refers to a house and its occupants, regarded as a unit. Finally, price per unit refers to the cost of a single unit of the product.
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In-Scope
- Electric cookers
- Portable electric cooktops
- Electric built-in ovens
- Cooktops
- Ovens
Out-Of-Scope
- Commercial appliances
- Grills and roasters
- Heating stoves
