Belgium - Combined Refrigerators-Freezers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCombined Refrigerator-Freezer Price in Belgium - 2023
Contents:
- Combined Refrigerator-Freezer Price in Belgium (CIF) - 2023
- Combined Refrigerator-Freezer Price in Belgium (FOB) - 2022
- Combined Refrigerator-Freezer Imports in Belgium
- Combined Refrigerator-Freezer Exports in Belgium
Combined Refrigerator-Freezer Price in Belgium (CIF) - 2023
In July 2023, the average combined refrigerator-freezer import price amounted to $725 per unit, picking up by 1.6% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in August 2022 when the average import price increased by 26% against the previous month. The import price peaked at $760 per unit in December 2022; however, from January 2023 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($1,365 per unit), while the price for China ($480 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Poland (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Combined Refrigerator-Freezer Price in Belgium (FOB) - 2022
In 2022, the average combined refrigerator-freezer export price amounted to $462 per unit, picking up by 16% against the previous year. Overall, the export price continues to indicate a measured expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 42% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($530 per unit), while the average price for exports to France ($330 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 the Netherlands (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.
Combined Refrigerator-Freezer Imports in Belgium
In 2022, after three years of growth, there was significant decline in purchases abroad of combined refrigerators-freezers, when their volume decreased by -26.4% to 270K units. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +5.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +17.5% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 42% against the previous year. As a result, imports reached the peak of 367K units, and then dropped dramatically in the following year.
In value terms, combined refrigerator-freezer imports reduced markedly to $107M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +10.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 40% against the previous year. Over the period under review, imports attained the maximum at $138M in 2021, and then dropped notably in the following year.
Import of Combined Refrigerator-Freezer in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 33.3 | 45.9 | 50.9 | 42.9 | 8.8% |
Turkey | 4.6 | 12.2 | 13.5 | 15.5 | 49.9% |
Germany | 14.8 | 13.7 | 16.8 | 14.1 | -1.6% |
China | 7.7 | 18.1 | 31.0 | 11.0 | 12.6% |
Italy | 2.7 | 5.4 | 8.0 | 7.4 | 39.9% |
Romania | 6.5 | 6.2 | 5.7 | 5.2 | -7.2% |
Bulgaria | 3.5 | 3.1 | 4.5 | 3.4 | -1.0% |
France | 2.7 | 1.6 | 1.1 | 2.3 | -5.2% |
Poland | 2.1 | 1.9 | 2.9 | 2.2 | 1.6% |
Others | 1.4 | 2.9 | 3.3 | 2.4 | 19.7% |
Total | 79.2 | 111 | 138 | 107 | 10.5% |
Top Suppliers of Combined Refrigerator-Freezer to Belgium in 2022:
- Netherlands (88.6K units)
- Turkey (46.9K units)
- China (38.1K units)
- Romania (25.3K units)
- Italy (19.9K units)
- Germany (19.9K units)
- France (12.2K units)
- Bulgaria (8.6K units)
- Poland (4.6K units)
Combined Refrigerator-Freezer Exports in Belgium
In 2022, shipments abroad of combined refrigerators-freezers decreased by -50.2% to 91K units for the first time since 2018, thus ending a three-year rising trend. In general, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. As a result, the exports reached the peak of 184K units, and then dropped dramatically in the following year.
In value terms, combined refrigerator-freezer exports dropped notably to $42M in 2022. Overall, exports, however, showed a buoyant increase. The pace of growth was the most pronounced in 2020 when exports increased by 63%. Over the period under review, the exports reached the peak figure at $73M in 2021, and then plummeted in the following year.
Export of Combined Refrigerator-Freezer in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 19.1 | 29.5 | 38.5 | 25.5 | 10.1% |
Germany | 1.9 | 9.2 | 19.4 | 7.4 | 57.3% |
France | 5.9 | 8.7 | 13.0 | 6.6 | 3.8% |
Luxembourg | 0.8 | 0.8 | 1.1 | 0.9 | 4.0% |
Others | 3.5 | 2.4 | 1.2 | 1.9 | -18.4% |
Total | 31.1 | 50.7 | 73.1 | 42.2 | 10.7% |
Top Export Markets for Combined Refrigerator-Freezer from Belgium in 2022:
- Netherlands (48.1K units)
- France (20.1K units)
- Germany (16.9K units)
- Luxembourg (1.9K units)
This report provides an in-depth analysis of the combined refrigerator-freezer market in Belgium. 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:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- 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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