Italy - Combined Refrigerators-Freezers - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

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

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Combined Refrigerator-Freezer Price in Italy - 2023

Contents:

  1. Combined Refrigerator-Freezer Price in Italy (CIF) - 2023
  2. Combined Refrigerator-Freezer Price in Italy (FOB) - 2023
  3. Combined Refrigerator-Freezer Imports in Italy
  4. Combined Refrigerator-Freezer Exports in Italy

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

The average combined refrigerator-freezer import price stood at $599 per unit in July 2023, stabilizing at the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.1%. The growth pace was the most rapid in November 2022 an increase of 8.9% month-to-month. Over the period under review, average import prices hit record highs at $621 per unit in December 2022; however, from January 2023 to July 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($1,050 per unit), while the price for China ($477 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 Romania (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In July 2023, the average combined refrigerator-freezer export price amounted to $1,161 per unit, picking up by 1.8% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in January 2023 an increase of 16% month-to-month. The export price peaked in July 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Sweden ($1,455 per unit), while the average price for exports to Ukraine ($843 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 France (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Combined Refrigerator-Freezer Imports in Italy

In 2022, approx. 1.2M units of combined refrigerators-freezers were imported into Italy; which is down by -13.5% on the year before. Overall, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. Imports peaked at 1.5M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, combined refrigerator-freezer imports declined to $401M in 2022. The total import value increased at an average annual rate of +3.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 39% against the previous year. As a result, imports reached the peak of $461M, and then declined in the following year.

Import of Combined Refrigerator-Freezer in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China90.491.81401075.8%
Turkey76.966.993.480.51.5%
Poland89.585.711979.6-3.8%
Romania37.627.233.252.011.4%
Germany17.914.019.220.44.5%
Thailand19.022.726.315.9-5.8%
Slovenia4.23.66.56.918.0%
Others25.520.623.238.614.8%
Total3613324614013.6%

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

  1. China (419.2K units)
  2. Turkey (252.1K units)
  3. Poland (181.3K units)
  4. Romania (178.2K units)
  5. Thailand (38.5K units)
  6. Slovenia (34.2K units)
  7. Germany (32.2K units)

Combined Refrigerator-Freezer Exports in Italy

In 2022, exports of combined refrigerators-freezers from Italy dropped sharply to 699K units, which is down by -19.6% compared with the previous year's figure. Over the period under review, exports saw a perceptible decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 62% against the previous year. As a result, the exports reached the peak of 870K units, and then fell markedly in the following year.

In value terms, combined refrigerator-freezer exports dropped modestly to $383M in 2022. Overall, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 75% against the previous year. As a result, the exports attained the peak of $396M, and then contracted slightly in the following year.

Export of Combined Refrigerator-Freezer in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom33.535.358.657.219.5%
France19.818.643.856.441.8%
Germany38.242.955.352.211.0%
Poland16.018.233.528.621.4%
Netherlands15.615.225.228.021.5%
Sweden11.412.629.526.432.3%
Spain7.37.016.416.130.2%
Switzerland7.37.99.611.516.4%
Belgium3.34.49.78.738.1%
Slovakia2.92.37.48.744.2%
Portugal2.21.14.15.838.1%
Czech Republic3.53.17.04.69.5%
Russia6.65.811.42.2-30.7%
Others51.351.584.576.814.4%
Total21922639638320.5%

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

  1. United Kingdom (117.6K units)
  2. France (113.7K units)
  3. Germany (99.7K units)
  4. Netherlands (59.7K units)
  5. Poland (51.5K units)
  6. Sweden (39.2K units)
  7. Spain (28.3K units)
  8. Switzerland (19.2K units)
  9. Slovakia (17.2K units)
  10. Belgium (12.7K units)
  11. Portugal (11.7K units)
  12. Czech Republic (7.4K units)
  13. Russia (3.7K units)

Source: IndexBox Market Intelligence Platform

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

  • Italy

Data coverage:

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

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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