Hong Kong SAR, China - Household Refrigerators And Freezers (Not Combined) - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingNon-Combined Refrigerator-Freezer Price in Hong Kong SAR - 2023
Contents:
- Non-Combined Refrigerator-Freezer Price in Hong Kong SAR (CIF) - 2022
- Non-Combined Refrigerator-Freezer Price in Hong Kong SAR (FOB) - 2023
- Non-Combined Refrigerator-Freezer Imports in Hong Kong SAR
- Non-Combined Refrigerator-Freezer Exports in Hong Kong SAR
Non-Combined Refrigerator-Freezer Price in Hong Kong SAR (CIF) - 2022
The average non-combined refrigerator-freezer import price stood at $265 per unit in 2022, increasing by 17% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 82% against the previous year. The import price peaked at $279 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,713 per unit), while the price for China ($124 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.4%), while the prices for the other major suppliers experienced a decline.
Non-Combined Refrigerator-Freezer Price in Hong Kong SAR (FOB) - 2023
The average non-combined refrigerator-freezer export price stood at $118 per unit in June 2023, with an increase of 1.6% against the previous month. Over the period under review, the export price, however, recorded a abrupt setback. The growth pace was the most rapid in March 2023 when the average export price increased by 79% month-to-month. Over the period under review, the average export prices reached the peak figure at $273 per unit in August 2022; however, from September 2022 to June 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Macao SAR ($527 per unit), while the average price for exports to the United Arab Emirates ($30.8 per unit) was amongst the lowest.
From August 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+0.5%), while the prices for the other major destinations experienced mixed trend patterns.
Non-Combined Refrigerator-Freezer Imports in Hong Kong SAR
Non-combined refrigerator-freezer imports into Hong Kong SAR reduced markedly to 72K units in 2022, waning by -33.7% on 2021 figures. In general, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 69% against the previous year. As a result, imports reached the peak of 108K units, and then shrank significantly in the following year.
In value terms, non-combined refrigerator-freezer imports declined dramatically to $19M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +11.7% 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 +39.4% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 62% against the previous year. As a result, imports attained the peak of $24M, and then dropped sharply in the following year.
Import of Non-Combined Refrigerator-Freezer in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 1.1 | 7.6 | 14.9 | 12.4 | 124.2% |
China | 8.0 | 4.0 | 5.9 | 2.7 | -30.4% |
Germany | 0.9 | 0.8 | 1.9 | 1.9 | 28.3% |
Indonesia | 1.0 | 0.5 | 0.1 | N/A | -68.4% |
Others | 2.7 | 2.3 | 1.7 | 2.0 | -9.5% |
Total | 13.6 | 15.1 | 24.4 | 19.0 | 11.8% |
Top Suppliers of Non-Combined Refrigerator-Freezer to Hong Kong SAR in 2022:
- Thailand (46.1K units)
- China (22.1K units)
- Germany (1.1K units)
Non-Combined Refrigerator-Freezer Exports in Hong Kong SAR
In 2022, non-combined refrigerator-freezer exports from Hong Kong SAR shrank markedly to 5.9K units, dropping by -65.4% on 2021 figures. In general, exports showed a sharp contraction. The pace of growth appeared the most rapid in 2021 with an increase of 32%. Over the period under review, the exports reached the maximum at 43K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, non-combined refrigerator-freezer exports shrank rapidly to $1.9M in 2022. Over the period under review, exports recorded a precipitous contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 16%. The exports peaked at $6M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Non-Combined Refrigerator-Freezer in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Macao SAR | 1,238 | 1,674 | 2,542 | 1,379 | 3.7% |
China | 1,027 | 1,431 | 1,087 | 205 | -41.6% |
United Arab Emirates | 130 | 71.0 | 16.1 | 121 | -2.4% |
United States | 3,362 | 165 | 479 | 95.5 | -69.5% |
Others | 216 | 414 | 223 | 56.7 | -36.0% |
Total | 5,973 | 3,756 | 4,348 | 1,858 | -32.2% |
Top Export Markets for Non-Combined Refrigerator-Freezer from Hong Kong SAR in 2022:
- Macao SAR (2.5K units)
- United States (1.6K units)
- China (0.9K units)
- United Arab Emirates (0.6K units)
This report provides an in-depth analysis of the non-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 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:
- 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
This report provides an in-depth analysis of the non-combined refrigerator-freezer market in Hong Kong SAR, China.
This report provides an in-depth analysis of the refrigerating show-cases market in Hong Kong SAR, China.
This report provides an in-depth analysis of the domestic appliances market in Hong Kong SAR, China.
This report provides an in-depth analysis of the heat pump market in Hong Kong SAR, China.
This report provides an in-depth analysis of the refrigerator and freezer market in Hong Kong SAR, China.
This report provides an in-depth analysis of the refrigerator or freezer market in Hong Kong SAR, China.
This report provides an in-depth analysis of the combined refrigerator-freezer market in Hong Kong SAR, China.
This report provides an in-depth analysis of the commercial refrigeration equipment market in Hong Kong SAR, China.
This report provides an in-depth analysis of the market for manganites, manganates, molybdates and tungstates in Hong Kong SAR, China.
This report provides an in-depth analysis of the global non-combined refrigerator-freezer market.
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.
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.
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.
Explore the world's best import markets for refrigerators and freezers, backed by key statistics and data from the IndexBox market intelligence platform.
The global refrigerator and freezer market revenue amounted to $72.8B in 2017, picking up by 19% against the previous year...
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...
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...
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
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.
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.