Spain - Household Refrigerators And Freezers (Not Combined) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Spain - Household Refrigerators And Freezers (Not Combined) - Market Analysis, Forecast, Size, Trends and Insights

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Non-Combined Refrigerator-Freezer Price in Spain - 2023

Contents:

  1. Non-Combined Refrigerator-Freezer Price in Spain (CIF) - 2023
  2. Non-Combined Refrigerator-Freezer Price in Spain (FOB) - 2022
  3. Non-Combined Refrigerator-Freezer Imports in Spain
  4. Non-Combined Refrigerator-Freezer Exports in Spain

Non-Combined Refrigerator-Freezer Price in Spain (CIF) - 2023

The average non-combined refrigerator-freezer import price stood at $315 per unit in July 2023, shrinking by -2.4% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in September 2022 when the average import price increased by 14% month-to-month. The import price peaked at $388 per unit in March 2023; however, from April 2023 to July 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Italy ($362 per unit), while the price for Portugal ($80.5 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 Italy (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Non-Combined Refrigerator-Freezer Price in Spain (FOB) - 2022

The average non-combined refrigerator-freezer export price stood at $326 per unit in 2022, rising by 6.6% against the previous year. Over the last decade, it increased at an average annual rate of +3.2%. The pace of growth appeared the most rapid in 2014 when the average export price increased by 24%. As a result, the export price attained the peak level of $327 per unit. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($471 per unit), while the average price for exports to Morocco ($114 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 Poland (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Combined Refrigerator-Freezer Imports in Spain

In 2022, approx. 520K units of household refrigerators and freezers (not combined) were imported into Spain; with a decrease of -15.3% against the year before. In general, imports saw a abrupt descent. The smallest decline of -4.3% was in 2021. Imports peaked at 930K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, non-combined refrigerator-freezer imports fell to $173M in 2022. The total import value increased at an average annual rate of +3.2% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 24%. As a result, imports attained the peak of $186M, and then declined in the following year.

Import of Non-Combined Refrigerator-Freezer in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China35.136.665.053.114.8%
Germany17.920.525.330.118.9%
Turkey45.033.525.322.2-21.0%
Italy12.115.019.516.811.6%
Portugal9.38.310.812.19.2%
Bulgaria2.53.24.98.449.8%
Romania9.98.77.47.8-7.6%
Netherlands3.43.55.44.49.0%
France2.82.83.73.79.7%
Others19.117.818.213.9-10.1%
Total1571501861733.3%

Top Suppliers of Non-Combined Refrigerator-Freezer to Spain in 2022:

  1. China (223.4K units)
  2. Turkey (87.4K units)
  3. Italy (50.6K units)
  4. Germany (43.4K units)
  5. Portugal (29.8K units)
  6. Romania (22.0K units)
  7. Bulgaria (15.7K units)
  8. France (13.6K units)
  9. Netherlands (13.0K units)

Non-Combined Refrigerator-Freezer Exports in Spain

After three years of growth, shipments abroad of household refrigerators and freezers (not combined) decreased by -3.9% to 181K units in 2022. The total export volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 10%. As a result, the exports reached the peak of 189K units, and then shrank slightly in the following year.

In value terms, non-combined refrigerator-freezer exports rose slightly to $59M in 2022. The total export value increased at an average annual rate of +10.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 26%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Export of Non-Combined Refrigerator-Freezer in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal12.716.216.812.80.3%
Germany5.76.98.29.619.0%
China1.01.42.67.797.5%
Sweden6.95.06.56.8-0.5%
France1.41.92.83.231.7%
Morocco0.90.62.51.826.0%
Netherlands1.21.11.11.45.3%
Italy1.00.60.80.7-11.2%
EgyptN/A0.10.10.7164.6%
Denmark1.91.51.00.7-28.3%
United Kingdom1.10.90.90.6-18.3%
Others9.69.614.613.110.9%
Total43.445.957.759.210.9%

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

  1. Portugal (38.9K units)
  2. Germany (24.4K units)
  3. China (20.8K units)
  4. Sweden (19.5K units)
  5. Morocco (15.6K units)
  6. France (13.0K units)
  7. Italy (4.6K units)
  8. Netherlands (4.0K units)
  9. Egypt (3.4K units)
  10. United Kingdom (2.6K units)
  11. Denmark (1.9K units)

Source: IndexBox Market Intelligence Platform

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

  • Spain

Data coverage:

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