Hong Kong SAR, China - Combined Refrigerators-Freezers - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingCombined Refrigerator-Freezer Price in Hong Kong SAR - 2023
Contents:
- Combined Refrigerator-Freezer Price in Hong Kong SAR (CIF) - 2023
- Combined Refrigerator-Freezer Price in Hong Kong SAR (FOB) - 2022
- Combined Refrigerator-Freezer Imports in Hong Kong SAR
- Combined Refrigerator-Freezer Exports in Hong Kong SAR
Combined Refrigerator-Freezer Price in Hong Kong SAR (CIF) - 2023
The average combined refrigerator-freezer import price stood at $310 per unit in August 2023, surging by 3.1% against the previous month. Over the period under review, the import price, however, continues to indicate a slight contraction. The most prominent rate of growth was recorded in June 2023 an increase of 28% m-o-m. The import price peaked at $423 per unit in January 2023; however, from February 2023 to August 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($1,246 per unit), while the price for Indonesia ($221 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 Germany (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Combined Refrigerator-Freezer Price in Hong Kong SAR (FOB) - 2022
In 2022, the average combined refrigerator-freezer export price amounted to $647 per unit, increasing by 26% against the previous year. Overall, the export price enjoyed a strong increase. The growth pace was the most rapid in 2019 an increase of 41% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($766 per unit), while the average price for exports to Japan ($168 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 Myanmar (+72.6%), while the prices for the other major destinations experienced more modest paces of growth.
Combined Refrigerator-Freezer Imports in Hong Kong SAR
In 2022, supplies from abroad of combined refrigerators-freezers decreased by -4.8% to 211K units, falling for the second year in a row after two years of growth. Over the period under review, imports showed a noticeable decline. The growth pace was the most rapid in 2020 when imports increased by less than 0.1% against the previous year. As a result, imports attained the peak of 235K units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, combined refrigerator-freezer imports rose remarkably to $81M in 2022. In general, imports, however, showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Combined Refrigerator-Freezer in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 17.7 | 22.9 | 27.8 | 26.3 | 14.1% |
| Thailand | 28.5 | 22.9 | 13.0 | 11.4 | -26.3% |
| Germany | 9.0 | 7.0 | 8.9 | 11.2 | 7.6% |
| Japan | 9.4 | 10.5 | 9.5 | 10.4 | 3.4% |
| Vietnam | 3.6 | 4.9 | 5.1 | 5.5 | 15.2% |
| Indonesia | 2.5 | 2.5 | 2.6 | 3.5 | 11.9% |
| Poland | 2.4 | 2.1 | 2.8 | 2.7 | 4.0% |
| Others | 6.5 | 4.0 | 5.0 | 9.7 | 14.3% |
| Total | 79.5 | 76.8 | 74.7 | 80.6 | 0.5% |
Top Suppliers of Combined Refrigerator-Freezer to Hong Kong SAR in 2022:
- China (89.8K units)
- Thailand (38.7K units)
- Vietnam (20.8K units)
- Germany (16.0K units)
- Indonesia (15.0K units)
- Japan (10.3K units)
- Poland (7.1K units)
Combined Refrigerator-Freezer Exports in Hong Kong SAR
For the third year in a row, Hong Kong SAR recorded decline in overseas shipments of combined refrigerators-freezers, which decreased by -27.8% to 9.7K units in 2022. In general, exports recorded a precipitous slump. The smallest decline of -17.3% was in 2021. Over the period under review, the exports attained the maximum at 28K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, combined refrigerator-freezer exports fell to $6.3M in 2022. Overall, exports showed a abrupt slump. Over the period under review, the exports attained the maximum at $9.8M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Combined Refrigerator-Freezer in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 7.6 | 6.7 | 5.9 | 5.2 | -11.9% |
| Vietnam | N/A | N/A | N/A | 0.6 | 0% |
| China | 2.0 | 0.8 | 0.3 | 0.4 | -41.5% |
| Chile | N/A | N/A | 0.6 | N/A | 0% |
| Iran | 0.1 | N/A | N/A | N/A | 0% |
| Pakistan | 0.1 | N/A | N/A | N/A | 0% |
| Canada | N/A | 0.1 | N/A | N/A | 0% |
| Others | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Total | 9.8 | 7.8 | 6.9 | 6.3 | -13.7% |
Top Export Markets for Combined Refrigerator-Freezer from Hong Kong SAR in 2022:
- Macao SAR (7.9K units)
- Vietnam (0.8K units)
- China (0.7K units)
This report provides an in-depth analysis of the combined refrigerator-freezer market in Hong Kong SAR, China. 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:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- 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
- 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
-
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
-
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
-
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
-
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
-
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
-
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
304
This report provides an in-depth analysis of the combined refrigerator-freezer market in Hong Kong SAR, China.
446
This report provides an in-depth analysis of the refrigerator and freezer market in Hong Kong SAR, China.
123
This report provides an in-depth analysis of the refrigerating show-cases market in Hong Kong SAR, China.
506
This report provides an in-depth analysis of the domestic appliances market in Hong Kong SAR, China.
297
This report provides an in-depth analysis of the non-combined refrigerator-freezer market in Hong Kong SAR, China.
481
This report provides an in-depth analysis of the heat pump market in Hong Kong SAR, China.
394
This report provides an in-depth analysis of the refrigerator or freezer market in Hong Kong SAR, China.
578
This report provides an in-depth analysis of the commercial refrigeration equipment market in Hong Kong SAR, China.
216
This report provides an in-depth analysis of the market for manganites, manganates, molybdates and tungstates in Hong Kong SAR, China.
476
This report provides an in-depth analysis of the global combined refrigerator-freezer market.
259
Explore the top import markets for combined refrigerator-freezers, including the United States, Japan, Germany, and more. Discover key statistics and insights from IndexBox platform.
260
Explore the world's best import markets for refrigerators and freezers, backed by key statistics and data from the IndexBox market intelligence platform.
1238
The global refrigerator and freezer market revenue amounted to $72.8B in 2017, picking up by 19% against the previous year...
3274
In 2016, the amount of refrigerator imported worldwide totaled X tons, ascending by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over t...
1070
In 2016, the amount of refrigerator imported worldwide totaled X tons, ascending by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over t...
1895
Mexico edged ahead of China in the global refrigerator and freezer trade with $X in total sales. In 2014, these two countries were the main global suppliers of refrigerators and freezers with a combined share of X% of global exports. Mexico's mai
1215
In 2013, China (X million units) and the Republic of Korea (X million units) were the main exporters of combined refrigerators and freezers in the world, together comprising X% of global exports.
217
Discover the top import markets for refrigerating show-cases worldwide, including key statistics and import values for each country. Explore the growth potential of these markets and capitalize on the increasing demand for advanced refrigeration technologies.
252
Discover the world's top import markets for Non-Combined Refrigerator-Freezer based on import values in 2022. Gain insights into the key statistics and market dynamics using IndexBox market intelligence platform.
96
Explore the top import markets for heat pumps around the world in 2023 based on data from IndexBox. Discover key statistics and trends in the global heat pump market.
