Australia - Combined Refrigerators-Freezers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCombined Refrigerator-Freezer Price in Australia - 2023
Contents:
- Combined Refrigerator-Freezer Price in Australia (CIF) - 2023
- Combined Refrigerator-Freezer Price in Australia (FOB) - 2022
- Combined Refrigerator-Freezer Imports in Australia
- Combined Refrigerator-Freezer Exports in Australia
Combined Refrigerator-Freezer Price in Australia (CIF) - 2023
In August 2023, the average combined refrigerator-freezer import price amounted to $420 per unit, falling by -12.2% against the previous month. In general, the import price recorded a noticeable shrinkage. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 16% month-to-month. Over the period under review, average import prices attained the maximum at $570 per unit in February 2023; however, from March 2023 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($879 per unit), while the price for Indonesia ($176 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Thailand (-0.8%), while the prices for the other major suppliers experienced a decline.
Combined Refrigerator-Freezer Price in Australia (FOB) - 2022
The average combined refrigerator-freezer export price stood at $71 per unit in 2022, which is down by -56.9% against the previous year. Over the period under review, the export price recorded a abrupt curtailment. The growth pace was the most rapid in 2020 an increase of 265%. Over the period under review, the average export prices reached the maximum at $468 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Papua New Guinea ($619 per unit), while the average price for exports to Timor-Leste ($91 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 Papua New Guinea (+7.1%), while the prices for the other major destinations experienced a decline.
Combined Refrigerator-Freezer Imports in Australia
Combined refrigerator-freezer imports into Australia rose notably to 1.2M units in 2022, growing by 13% on 2021. The total import volume increased at an average annual rate of +7.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 18% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, combined refrigerator-freezer imports stood at $597M in 2022. The total import value increased at an average annual rate of +10.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 12% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Combined Refrigerator-Freezer in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 149 | 211 | 242 | 297 | 25.9% |
| Thailand | 193 | 189 | 178 | 182 | -1.9% |
| South Korea | 52.8 | 54.9 | 67.5 | 62.8 | 6.0% |
| Indonesia | 14.0 | 15.5 | 15.0 | 12.0 | -5.0% |
| Others | 32.5 | 25.8 | 34.4 | 43.0 | 9.8% |
| Total | 442 | 496 | 537 | 597 | 10.5% |
Top Suppliers of Combined Refrigerator-Freezer to Australia in 2022:
- China (674.2K units)
- Thailand (350.7K units)
- South Korea (55.4K units)
- Indonesia (38.2K units)
Combined Refrigerator-Freezer Exports in Australia
In 2022, shipments abroad of combined refrigerators-freezers increased by 6.6% to 11K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a precipitous shrinkage. Over the period under review, the exports attained the maximum at 75K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, combined refrigerator-freezer exports reduced dramatically to $774K in 2022. Overall, exports, however, continue to indicate a dramatic slump. The smallest decline of -15.2% was in 2021. Over the period under review, the exports reached the peak figure at $2.5M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Combined Refrigerator-Freezer in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Papua New Guinea | 151 | 224 | 434 | 109 | -10.3% |
| New Zealand | 650 | 1,158 | 673 | 88.0 | -48.7% |
| Fiji | 340 | 45.2 | 83.0 | 78.6 | -38.6% |
| Wallis and Futuna Islands | N/A | N/A | 13.3 | 56.2 | 322.6% |
| Timor-Leste | 1.3 | N/A | N/A | 47.6 | 232.1% |
| Solomon Islands | 79.0 | 63.1 | 60.2 | 44.1 | -17.7% |
| United Arab Emirates | 4.4 | 0.2 | 50.9 | 32.6 | 94.9% |
| Norfolk Island | 9.1 | 5.7 | 19.5 | 6.1 | -12.5% |
| Philippines | 917 | N/A | 1.4 | 3.4 | -84.5% |
| Mozambique | 6.0 | N/A | N/A | N/A | 0% |
| Egypt | 42.6 | 55.6 | N/A | N/A | 30.5% |
| Pakistan | N/A | 83.3 | 13.6 | N/A | -83.7% |
| Others | 262 | 354 | 337 | 308 | 5.5% |
| Total | 2,462 | 1,989 | 1,686 | 774 | -32.0% |
Top Export Markets for Combined Refrigerator-Freezer from Australia in 2022:
- Philippines (undefinedK units)
- Norfolk Island (undefinedK units)
- New Zealand (0.8K units)
- Timor-Leste (0.5K units)
- United Arab Emirates (0.3K units)
- Wallis and Futuna Islands (0.3K units)
- Fiji (0.3K units)
- Solomon Islands (0.2K units)
- Papua New Guinea (0.2K units)
This report provides an in-depth analysis of the combined refrigerator-freezer 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 27511110 - Combined refrigerators-freezers, with separate external doors
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
-
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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