Report Update: May 1, 2024

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

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Combined Refrigerator-Freezer Price in New Zealand - 2023

Combined Refrigerator-Freezer Price in New Zealand (CIF) - 2023

In September 2023, the average combined refrigerator-freezer import price amounted to $398 per unit, shrinking by -2.1% against the previous month. Over the period under review, the import price saw a mild decline. The growth pace was the most rapid in May 2023 when the average import price increased by 21% m-o-m. As a result, import price reached the peak level of $551 per unit. From June 2023 to September 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was South Korea ($1,135 per unit), while the price for India ($246 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by South Korea (-0.2%), while the prices for the other major suppliers experienced a decline.

Combined Refrigerator-Freezer Price in New Zealand (FOB) - 2022

The average combined refrigerator-freezer export price stood at $474 per unit in 2022, shrinking by -9.8% against the previous year. Overall, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, combined refrigerator-freezer export price decreased by -11.1% against 2020 indices. The pace of growth was the most pronounced in 2017 when the average export price increased by 109%. As a result, the export price attained the peak level of $578 per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Fiji ($868 per unit), while the average price for exports to Papua New Guinea ($127 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 Fiji (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.

Combined Refrigerator-Freezer Imports in New Zealand

After three years of growth, supplies from abroad of combined refrigerators-freezers decreased by -14.2% to 175K units in 2022. The total import volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. As a result, imports reached the peak of 205K units, and then shrank in the following year.

In value terms, combined refrigerator-freezer imports shrank to $84M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +8.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +34.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year. As a result, imports reached the peak of $90M, and then declined in the following year.

Import of Combined Refrigerator-Freezer in New Zealand (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	21.0	22.8	38.0	37.2	21.0%
Thailand	32.0	28.0	32.2	25.8	-6.9%
Vietnam	3.8	4.0	7.2	8.0	28.2%
South Korea	4.5	4.5	7.9	7.6	19.1%
Turkey	0.6	0.4	0.8	1.2	26.0%
India	0.5	0.5	0.9	1.0	26.0%
Others	2.5	1.8	2.5	2.8	3.8%
Total	64.8	62.0	89.6	83.7	8.9%

Top Suppliers of Combined Refrigerator-Freezer to New Zealand in 2022:

China (92.7K units)
Thailand (43.5K units)
Vietnam (22.3K units)
South Korea (6.3K units)
India (4.2K units)
Turkey (3.5K units)

Combined Refrigerator-Freezer Exports in New Zealand

Combined refrigerator-freezer exports from New Zealand fell remarkably to 798 units in 2022, with a decrease of -50.2% compared with the year before. Overall, exports recorded a precipitous descent. The most prominent rate of growth was recorded in 2021 with an increase of 66%. Over the period under review, the exports attained the maximum at 2.2K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, combined refrigerator-freezer exports declined dramatically to $378K in 2022. In general, exports continue to indicate a sharp setback. The pace of growth appeared the most rapid in 2021 with an increase of 64% against the previous year. Over the period under review, the exports attained the maximum at $1M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Combined Refrigerator-Freezer in New Zealand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Fiji	142	98.3	109	108	-8.7%
Cook Islands	148	83.5	219	83.3	-17.4%
Australia	67.8	38.0	343	49.2	-10.1%
New Caledonia	126	49.2	14.2	32.4	-36.4%
Tonga	38.8	16.3	16.3	29.9	-8.3%
French Polynesia	160	123	1.8	16.9	-52.7%
Niue	27.3	2.1	19.1	14.2	-19.6%
Papua New Guinea	114	36.4	33.9	13.6	-50.8%
Vanuatu	39.6	7.1	38.5	11.1	-34.6%
Samoa	109	33.7	22.7	7.7	-58.7%
Norfolk Island	22.1	14.4	13.7	7.2	-31.2%
Others	15.6	12.5	10.3	4.8	-32.5%
Total	1,011	514	842	378	-28.0%

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

Cook Islands (250.0 units)
Australia (156.0 units)
Fiji (124.0 units)
Papua New Guinea (107.0 units)
Tonga (93.0 units)
Niue (43.0 units)
French Polynesia (24.0 units)
New Caledonia (23.0 units)
Vanuatu (20.0 units)
Norfolk Island (15.0 units)
Samoa (9.0 units)

Source: IndexBox Market Intelligence Platform

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

New Zealand

Data coverage:

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