Australia - Household Refrigerators And Freezers (Not Combined) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNon-Combined Refrigerator-Freezer Price in Australia - 2023
Contents:
- Non-Combined Refrigerator-Freezer Price in Australia (CIF) - 2023
- Non-Combined Refrigerator-Freezer Price in Australia (FOB) - 2022
- Non-Combined Refrigerator-Freezer Imports in Australia
- Non-Combined Refrigerator-Freezer Exports in Australia
Non-Combined Refrigerator-Freezer Price in Australia (CIF) - 2023
The average non-combined refrigerator-freezer import price stood at $208 per unit in August 2023, with a decrease of -3.6% against the previous month. Over the period under review, the import price showed a noticeable contraction. The growth pace was the most rapid in January 2023 when the average import price increased by 20% month-to-month. As a result, import price reached the peak level of $273 per unit. From February 2023 to August 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($1,013 per unit), while the price for China amounted to $168 per unit.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.1%).
Non-Combined Refrigerator-Freezer Price in Australia (FOB) - 2022
The average non-combined refrigerator-freezer export price stood at $463 per unit in 2022, surging by 25% against the previous year. Overall, the export price continues to indicate perceptible growth. The pace of growth appeared the most rapid in 2020 an increase of 204% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Papua New Guinea ($1,465 per unit), while the average price for exports to Iraq ($27 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 Philippines (+26.4%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Combined Refrigerator-Freezer Imports in Australia
In 2022, the amount of household refrigerators and freezers (not combined) imported into Australia skyrocketed to 834K units, picking up by 22% against the year before. The total import volume increased at an average annual rate of +15.1% 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 2020 when imports increased by 32% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, non-combined refrigerator-freezer imports surged to $197M in 2022. Overall, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Non-Combined Refrigerator-Freezer in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 63.6 | 91.9 | 109 | 145 | 31.6% |
| Germany | 7.0 | 5.1 | 7.8 | 13.1 | 23.2% |
| Others | 27.0 | 25.7 | 33.5 | 39.0 | 13.0% |
| Total | 97.6 | 123 | 150 | 197 | 26.4% |
Top Suppliers of Non-Combined Refrigerator-Freezer to Australia in 2022:
- China (770.3K units)
- Germany (26.5K units)
Non-Combined Refrigerator-Freezer Exports in Australia
In 2022, the amount of household refrigerators and freezers (not combined) exported from Australia reduced rapidly to 7.4K units, waning by -22.2% compared with the previous year. In general, exports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 6.4%. The exports peaked at 28K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, non-combined refrigerator-freezer exports contracted to $3.4M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 64%. As a result, the exports attained the peak of $3.5M, and then dropped modestly in the following year.
| Export of Non-Combined Refrigerator-Freezer in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 1,002 | 981 | 1,678 | 1,405 | 11.9% |
| Papua New Guinea | 195 | 140 | 510 | 442 | 31.4% |
| Philippines | 5.8 | 28.5 | 27.0 | 242 | 246.8% |
| Solomon Islands | 164 | 94.1 | 78.5 | 178 | 2.8% |
| Kiribati | 70.2 | 107 | 287 | 116 | 18.2% |
| Cook Islands | 71.5 | 74.8 | 76.3 | 116 | 17.5% |
| Fiji | 41.0 | 40.2 | 198 | 113 | 40.2% |
| Vanuatu | 34.0 | 38.5 | 12.0 | 95.1 | 40.9% |
| United States | 46.8 | 32.9 | N/A | 91.1 | 24.9% |
| Indonesia | 19.9 | N/A | N/A | 66.4 | 49.4% |
| Iraq | N/A | 3.0 | 0.3 | 3.9 | 14.0% |
| United Arab Emirates | 75.8 | 69.2 | 15.8 | 0.7 | -79.0% |
| Finland | 6.6 | N/A | N/A | N/A | 0% |
| Others | 516 | 530 | 620 | 533 | 1.1% |
| Total | 2,249 | 2,139 | 3,503 | 3,402 | 14.8% |
Top Export Markets for Non-Combined Refrigerator-Freezer from Australia in 2022:
- New Zealand (4429.0 units)
- Solomon Islands (658.0 units)
- Kiribati (339.0 units)
- Papua New Guinea (302.0 units)
- Cook Islands (213.0 units)
- Indonesia (186.0 units)
- Philippines (167.0 units)
- Fiji (143.0 units)
- Iraq (141.0 units)
- United States (137.0 units)
- Vanuatu (124.0 units)
- United Arab Emirates (3.0 units)
This report provides an in-depth analysis of the non-combined refrigerator-freezer market in Australia. 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 27511133 - Household-type refrigerators (including compression-type, e lectrical absorption-type) (excluding built-in)
- Prodcom 27511135 - Compression-type built-in refrigerators
- Prodcom 27511150 - Chest freezers of a capacity . .800 litres
- Prodcom 27511170 - Upright freezers of a capacity . .900 litres
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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
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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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