Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in France - 2023

Contents:

  1. Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in France (CIF) - 2022
  2. Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in France (FOB) - 2022
  3. Imports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in France
  4. Exports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in France

Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in France (CIF) - 2022

In 2022, the average import price for refrigerating or freezing equipment; parts thereof, other than furniture amounted to $49 per unit, which is down by -2.6% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 15%. Over the period under review, average import prices hit record highs at $62 per unit in 2014; however, from 2015 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 Denmark ($81 per unit), while the price for Belgium ($23 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in France (FOB) - 2022

In 2022, the average export price for refrigerating or freezing equipment; parts thereof, other than furniture amounted to $37 per unit, with an increase of 13% against the previous year. Overall, the export price, however, showed a pronounced curtailment. The most prominent rate of growth was recorded in 2020 an increase of 14%. Over the period under review, the average export prices reached the peak figure at $48 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 Italy ($72 per unit), while the average price for exports to the Netherlands ($16 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 Switzerland (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in France

In 2022, approx. 8.7M units of refrigerating or freezing equipment; parts thereof, other than furniture were imported into France; stabilizing at the year before. The total import volume increased at an average annual rate of +3.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 9% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of refrigerating or freezing equipment; parts thereof, other than furniture contracted to $424M in 2022. The total import value increased at an average annual rate of +7.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 13%. Imports peaked at $435M in 2021, and then reduced in the following year.

Import of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1021071381226.1%
Germany45.954.762.070.515.4%
Spain21.622.934.231.413.3%
Poland13.916.822.923.018.3%
China24.916.821.922.9-2.8%
Belgium12.718.023.819.615.6%
Netherlands11.228.924.319.420.1%
Denmark7.721.723.118.834.7%
Portugal11.010.214.016.213.8%
Czech Republic21.815.710.012.1-17.8%
Austria7.424.49.211.315.2%
Thailand0.80.30.68.0115.4%
Malaysia17.38.40.8N/A-78.5%
Others43.941.150.748.93.7%
Total3423874354247.4%

Top Suppliers of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture to France in 2022:

  1. Italy (2960.5K units)
  2. Germany (1341.3K units)
  3. Belgium (835.6K units)
  4. Spain (556.6K units)
  5. China (484.9K units)
  6. Portugal (321.2K units)
  7. Poland (302.5K units)
  8. Netherlands (278.9K units)
  9. Denmark (231.2K units)
  10. Czech Republic (211.6K units)
  11. Austria (207.4K units)
  12. Thailand (159.9K units)
  13. Malaysia (0.1K units)

Exports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in France

In 2022, exports of refrigerating or freezing equipment; parts thereof, other than furniture from France declined markedly to 7M units, dropping by -16.6% on 2021 figures. Over the period under review, exports saw a perceptible downturn. The pace of growth was the most pronounced in 2021 with an increase of 27% against the previous year. As a result, the exports attained the peak of 8.4M units, and then shrank dramatically in the following year.

In value terms, exports of refrigerating or freezing equipment; parts thereof, other than furniture declined to $261M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +9.3% 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 +32.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 40% against the previous year. As a result, the exports reached the peak of $276M, and then shrank in the following year.

Export of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany23.426.733.534.914.3%
Netherlands24.520.734.429.86.7%
Belgium29.923.329.229.8-0.1%
Italy9.012.030.119.028.3%
Spain9.110.822.215.118.4%
United Kingdom8.59.910.111.29.6%
Poland6.17.511.410.821.0%
Switzerland2.72.45.47.540.6%
United States7.34.710.26.9-1.9%
Ireland1.82.03.14.838.7%
Egypt4.75.26.84.3-2.9%
Others72.972.679.986.86.0%
Total2001982762619.3%

Top Export Markets for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture from France in 2022:

  1. Netherlands (1819.9K units)
  2. Belgium (1742.6K units)
  3. Germany (556.3K units)
  4. Italy (265.7K units)
  5. Spain (227.8K units)
  6. United Kingdom (193.9K units)
  7. Poland (161.4K units)
  8. Ireland (147.2K units)
  9. United States (115.8K units)
  10. Switzerland (115.3K units)
  11. Egypt (110.3K units)

Source: IndexBox Market Intelligence Platform

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