World - Refrigerators And Freezers - Market Analysis, Forecast, Size, Trends and Insights
Refrigerator Market - Mexico Became the Largest Exporter of Refrigerators and Freezers in the World, with $2.7B in 2014
Mexico edged ahead of China in the global refrigerator and freezer trade with $2.7B in total sales. In 2014, these two countries were the main global suppliers of refrigerators and freezers with a combined share of 48.1% of global exports. Mexico's main trading partner was the United States, where it supplied 86.6% of its exports on the refrigerator market, accounting for 55.1% of total U.S. imports.
Overall, the global refrigerator and freezer trade reached 10.0 billion USD, with a CAGR of 1.8% from 2007 to 2014. In physical terms, it showed moderate growth, rising from 2.0 million tonnes in 2007 to 2.1 million tonnes in 2014.
In 2014, the U.S. (37.8%), Japan (6.7%), Canada (5.0%), Germany (4.9%) and the United Kingdom (4.8%) were the leading destinations of refrigerator and freezer imports, together making up 59.2% of global imports. The share of global trade of the U.S. increased significantly (+6.9 percentage points), while the share of Spain illustrated negative dynamics (-3.6 percentage points).
The fastest growing exporters from 2007 to 2014 were Thailand (+24.8% per year) and Poland (+20.0% per year). Mexico significantly strengthened its position in the global exports structure, from 10.4% in 2007 to 26.8% in 2014.
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- refrigerator market share
- refrigerator prices
- refrigerator industry
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- refrigerator price forecast
- key refrigerator producers
Source: IndexBox AI Platform
This report provides an in-depth analysis of the global refrigerator and freezer market. 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 2025.
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A Quick Overview of Market Performance
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Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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