Key Market Indicators
Thai imports of microwave ovens dropped by 73.3% in 2021, compared to 2020. This marks the 35.4% decrease in Thai demand since 1993. Thai exports of microwave ovens are projected to drop by 11.8% annually, reaching a total of 744,020 units by 2026. This marks a 6.9% decrease in Thai supply since 1994. Malaysia overtook Thailand in 2021, grabbing the number one spot with 1,526,400 units, while Thailand and Belarus ranked third and fourth, respectively.
