Price for Non-Furniture Refrigerating or Freezing Equipment in Poland - 2023

Contents:

  1. Price for Non-Furniture Refrigerating or Freezing Equipment in Poland (CIF) - 2023
  2. Price for Non-Furniture Refrigerating or Freezing Equipment in Poland (FOB) - 2022
  3. Imports of Non-Furniture Refrigerating or Freezing Equipment in Poland
  4. Exports of Non-Furniture Refrigerating or Freezing Equipment in Poland

Price for Non-Furniture Refrigerating or Freezing Equipment in Poland (CIF) - 2023

In July 2023, the average import price for non-furniture refrigerating or freezing equipment amounted to $244 per unit, waning by -2.5% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +3.2%. The growth pace was the most rapid in August 2022 an increase of 21% m-o-m. Over the period under review, average import prices reached the maximum at $266 per unit in December 2022; however, from January 2023 to July 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Ireland ($398 per unit), while the price for China ($103 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 (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Non-Furniture Refrigerating or Freezing Equipment in Poland (FOB) - 2022

In 2022, the average export price for non-furniture refrigerating or freezing equipment amounted to $257 per unit, jumping by 18% against the previous year. In general, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-furniture refrigerating or freezing equipment export price increased by +95.2% against 2015 indices. The pace of growth appeared the most rapid in 2018 when the average export price increased by 37% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($495 per unit), while the average price for exports to the Czech Republic ($105 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 Italy (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Furniture Refrigerating or Freezing Equipment in Poland

Non-furniture refrigerating or freezing equipment imports into Poland stood at 623K units in 2022, therefore, remained relatively stable against 2021. The total import volume increased at an average annual rate of +5.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 32% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, non-furniture refrigerating or freezing equipment imports stood at $123M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +12.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.9% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 27% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in years to come.

Import of Non-Furniture Refrigerating or Freezing Equipment in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.310.119.730.248.1%
Italy17.117.521.918.01.7%
Germany9.613.113.017.722.6%
France13.914.317.314.61.7%
Ireland2.65.811.010.860.7%
Belgium4.26.03.84.84.6%
Turkey1.41.21.82.724.5%
Austria0.80.71.52.750.0%
Denmark4.82.62.82.5-19.5%
Croatia0.91.31.22.030.5%
Slovakia7.41.90.30.4-62.2%
Others13.717.523.216.87.0%
Total85.692.211712312.8%

Top Suppliers of Non-Furniture Refrigerating or Freezing Equipment to Poland in 2022:

  1. China (226.2K units)
  2. Italy (98.0K units)
  3. France (85.7K units)
  4. Germany (47.4K units)
  5. Ireland (32.9K units)
  6. Belgium (24.2K units)
  7. Turkey (14.8K units)
  8. Croatia (14.4K units)
  9. Austria (11.4K units)
  10. Denmark (6.7K units)
  11. Slovakia (3.8K units)

Exports of Non-Furniture Refrigerating or Freezing Equipment in Poland

In 2022, the amount of non-furniture refrigerating or freezing equipment exported from Poland dropped to 327K units, declining by -1.5% against 2021. The total export volume increased at an average annual rate of +4.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 41%. As a result, the exports reached the peak of 332K units, and then dropped in the following year.

In value terms, non-furniture refrigerating or freezing equipment exports skyrocketed to $84M in 2022. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 59%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Non-Furniture Refrigerating or Freezing Equipment in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4.13.86.813.548.8%
Germany8.76.39.012.211.9%
France2.11.88.88.559.4%
Austria0.40.52.36.9158.4%
Kazakhstan2.01.50.65.136.6%
Russia4.58.810.44.0-3.9%
Italy0.80.21.03.157.1%
Ukraine4.24.82.83.0-10.6%
United Kingdom2.31.41.72.0-4.6%
Czech Republic0.80.92.31.728.6%
BelgiumN/A0.71.51.755.8%
Belarus3.15.36.31.6-19.8%
Hungary1.20.62.11.45.3%
Others14.09.116.819.511.7%
Total48.545.572.584.120.1%

Top Export Markets for Non-Furniture Refrigerating or Freezing Equipment from Poland in 2022:

  1. Germany (64.8K units)
  2. United States (27.3K units)
  3. France (23.7K units)
  4. Kazakhstan (19.3K units)
  5. Ukraine (18.0K units)
  6. Russia (17.1K units)
  7. Austria (17.0K units)
  8. Czech Republic (16.6K units)
  9. Hungary (11.1K units)
  10. Italy (9.4K units)
  11. Belgium (9.1K units)
  12. Belarus (8.2K units)
  13. United Kingdom (8.2K units)

Source: IndexBox Market Intelligence Platform

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