Report Update: May 1, 2024

Denmark - Combined Refrigerators-Freezers - Market Analysis, Forecast, Size, Trends And Insights

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Combined Refrigerator-Freezer Price in Denmark - 2023

Combined Refrigerator-Freezer Price in Denmark (CIF) - 2023

In July 2023, the average combined refrigerator-freezer import price amounted to $760 per unit, with an increase of 4.6% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 6.9% m-o-m. The import price peaked in July 2023.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($995 per unit), while the price for China ($422 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 Italy (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Combined Refrigerator-Freezer Price in Denmark (FOB) - 2023

The average combined refrigerator-freezer export price stood at $1,214 per unit in July 2023, which is down by -4.7% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in September 2022 when the average export price increased by 41% against the previous month. The export price peaked at $1,274 per unit in June 2023, and then contracted slightly in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Faroe Islands ($2,296 per unit), while the average price for exports to Iceland ($1,004 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Faroe Islands (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.

Combined Refrigerator-Freezer Imports in Denmark

In 2022, purchases abroad of combined refrigerators-freezers decreased by -15% to 176K units, falling for the second year in a row after two years of growth. In general, imports showed a perceptible decrease. The growth pace was the most rapid in 2020 with an increase of 9.5%. As a result, imports attained the peak of 224K units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, combined refrigerator-freezer imports dropped to $73M in 2022. The total import value increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 17%. As a result, imports reached the peak of $85M, and then contracted in the following year.

Import of Combined Refrigerator-Freezer in Denmark (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Sweden	22.1	27.7	32.4	26.3	6.0%
Germany	12.3	14.4	12.7	10.7	-4.5%
Turkey	5.3	6.2	7.0	8.5	17.1%
China	9.4	9.0	13.7	8.1	-4.8%
Romania	5.3	3.1	4.7	4.6	-4.6%
Italy	1.4	1.6	3.4	4.5	47.6%
Poland	2.1	3.0	3.0	4.0	24.0%
Serbia	1.9	2.2	2.8	1.9	0.0%
Hungary	4.4	3.4	2.2	0.9	-41.1%
Others	1.9	2.1	3.0	3.4	21.4%
Total	66.0	72.6	84.9	72.8	3.3%

Top Suppliers of Combined Refrigerator-Freezer to Denmark in 2022:

Sweden (47.7K units)
Turkey (29.6K units)
China (28.0K units)
Germany (20.5K units)
Romania (15.3K units)
Italy (12.2K units)
Poland (7.8K units)
Serbia (6.0K units)
Hungary (2.5K units)

Combined Refrigerator-Freezer Exports in Denmark

In 2022, approx. 26K units of combined refrigerators-freezers were exported from Denmark; dropping by -22.5% on the previous year. In general, exports faced a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 9.6% against the previous year. Over the period under review, the exports reached the peak figure at 40K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, combined refrigerator-freezer exports dropped dramatically to $15M in 2022. Over the period under review, exports continue to indicate a noticeable descent. The pace of growth was the most pronounced in 2020 with an increase of 15% against the previous year. As a result, the exports attained the peak of $19M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Combined Refrigerator-Freezer in Denmark (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Norway	7.1	7.3	6.8	5.7	-7.1%
Sweden	6.1	7.4	7.5	5.1	-5.8%
Finland	0.6	1.0	1.1	0.9	14.5%
Iceland	0.9	0.9	0.9	0.8	-3.9%
Netherlands	0.2	0.2	0.2	0.5	35.7%
Faroe Islands	0.2	0.3	0.5	0.4	26.0%
Germany	0.1	0.4	0.4	0.4	58.7%
Gambia	N/A	N/A	N/A	N/A	0%
United Kingdom	0.1	0.1	N/A	N/A	0.0%
Others	1.2	1.4	1.3	1.0	-5.9%
Total	16.6	19.0	18.8	14.9	-3.5%

Top Export Markets for Combined Refrigerator-Freezer from Denmark in 2022:

Sweden (8.7K units)
Norway (6.8K units)
Netherlands (3.5K units)
Finland (2.1K units)
Iceland (1.2K units)
Germany (0.7K units)
Faroe Islands (0.6K units)
Gambia (0.3K units)
United Kingdom (0.2K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the combined refrigerator-freezer market in Denmark. 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:

Denmark

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Denmark
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023