U.S. - Household Refrigerators And Freezers (Not Combined) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNon-Combined Refrigerator-Freezer Price in the United States - 2023
Contents:
- Non-Combined Refrigerator-Freezer Price in the United States (CIF) - 2023
- Non-Combined Refrigerator-Freezer Price in the United States (FOB) - 2023
- Non-Combined Refrigerator-Freezer Imports in the United States
- Non-Combined Refrigerator-Freezer Exports in the United States
Non-Combined Refrigerator-Freezer Price in the United States (CIF) - 2023
In August 2023, the average non-combined refrigerator-freezer import price amounted to $199 per unit, surging by 26% against the previous month. Over the last eleven months, it increased at an average monthly rate of +1.5%. Over the period under review, average import prices reached the peak figure at $218 per unit in December 2022; however, from January 2023 to August 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Turkey ($1,462 per unit), while the price for China ($110 per unit) was amongst the lowest.
From September 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Turkey (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Combined Refrigerator-Freezer Price in the United States (FOB) - 2023
The average non-combined refrigerator-freezer export price stood at $409 per unit in August 2023, growing by 9.4% against the previous month. In general, the export price recorded a relatively flat trend pattern. The export price peaked at $443 per unit in January 2023; however, from February 2023 to August 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was Canada ($448 per unit), while the average price for exports to Germany ($236 per unit) was amongst the lowest.
From September 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Combined Refrigerator-Freezer Imports in the United States
In 2022, purchases abroad of household refrigerators and freezers (not combined) decreased by less than 0.1% to 8.8M units, falling for the second consecutive year after two years of growth. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +16.6% 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 decreased by -18.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 94% against the previous year. As a result, imports reached the peak of 11M units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, non-combined refrigerator-freezer imports expanded notably to $1.4B in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 40% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Non-Combined Refrigerator-Freezer in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 579 | 910 | 771 | 768 | 9.9% |
| Thailand | 3.3 | 57.4 | 120 | 130 | 240.3% |
| Mexico | 49.2 | 44.4 | 58.0 | 85.0 | 20.0% |
| Italy | 21.3 | 17.4 | 52.3 | 67.2 | 46.7% |
| Others | 204 | 170 | 306 | 350 | 19.7% |
| Total | 857 | 1,200 | 1,307 | 1,401 | 17.8% |
Top Suppliers of Non-Combined Refrigerator-Freezer to the United States in 2022:
- China (7.6M units)
- Thailand (0.5M units)
- Mexico (0.2M units)
- Italy (0.2M units)
Non-Combined Refrigerator-Freezer Exports in the United States
In 2022, approx. 705K units of household refrigerators and freezers (not combined) were exported from the United States; with a decrease of -7.3% against the previous year. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +8.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +40.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 51%. As a result, the exports attained the peak of 760K units, and then declined in the following year.
In value terms, non-combined refrigerator-freezer exports expanded markedly to $293M in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +9.5% 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 +56.6% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 47%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.
| Export of Non-Combined Refrigerator-Freezer in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 96.9 | 72.5 | 112 | 123 | 8.3% |
| Mexico | 25.2 | 17.3 | 27.8 | 41.4 | 18.0% |
| China | 12.5 | 12.1 | 14.3 | 19.8 | 16.6% |
| Belgium | 12.6 | 4.3 | 3.2 | 15.8 | 7.8% |
| Netherlands | 4.2 | 3.2 | 6.7 | 9.1 | 29.4% |
| South Korea | 4.4 | 3.7 | 5.2 | 6.8 | 15.6% |
| United Kingdom | 4.5 | 3.9 | 4.0 | 6.7 | 14.2% |
| Australia | 5.2 | 4.9 | 4.5 | 6.4 | 7.2% |
| Germany | 1.2 | 22.7 | 40.3 | 5.6 | 67.1% |
| Singapore | 5.7 | 6.6 | 11.5 | 3.1 | -18.4% |
| Others | 51.0 | 36.0 | 44.6 | 55.9 | 3.1% |
| Total | 224 | 187 | 275 | 293 | 9.4% |
Top Export Markets for Non-Combined Refrigerator-Freezer from the United States in 2022:
- Canada (250.6K units)
- Mexico (107.0K units)
- Belgium (54.7K units)
- China (46.4K units)
- Netherlands (22.4K units)
- South Korea (22.1K units)
- Germany (21.4K units)
- United Kingdom (16.9K units)
- Australia (15.7K units)
- Singapore (10.2K units)
This report provides an in-depth analysis of the non-combined refrigerator-freezer market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
-
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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