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

Contents:

1. Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in the Netherlands (CIF) - 2023
2. Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in the Netherlands (FOB) - 2022
3. Imports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in the Netherlands
4. Exports of Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in the Netherlands

Price for Refrigerating or Freezing Equipment; Parts Thereof, Other than Furniture in the Netherlands (CIF) - 2023

In November 2023, the average import price for refrigerating or freezing equipment; parts thereof, other than furniture amounted to $50.7 per unit, dropping by -5.3% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 84% m-o-m. The import price peaked at $69.1 per unit in August 2023; however, from September 2023 to November 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Poland ($107 per unit), while the price for France ($21.0 per unit) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+2.1%), 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 the Netherlands (FOB) - 2022

In 2022, the average export price for refrigerating or freezing equipment; parts thereof, other than furniture amounted to $93 per unit, which is down by -15.9% against the previous year. Overall, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when the average export price increased by 32% against the previous year. Over the period under review, the average export prices reached the maximum at $110 per unit in 2021, and then dropped sharply in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($142 per unit), while the average price for exports to the Czech Republic ($61 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 the United States (+13.1%), 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 the Netherlands

In 2022, approx. 7.5M units of refrigerating or freezing equipment; parts thereof, other than furniture were imported into the Netherlands; picking up by 4% compared with the previous year. The total import volume increased at an average annual rate of +7.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 32%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of refrigerating or freezing equipment; parts thereof, other than furniture totaled $330M in 2022. The total import value increased at an average annual rate of +5.7% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 22% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the near future.

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

1. France (3607.4K units)
2. China (881.0K units)
3. Germany (851.8K units)
4. Czech Republic (497.1K units)
5. Italy (346.9K units)
6. Belgium (291.2K units)
7. United Kingdom (148.8K units)
8. Poland (116.1K units)
9. United States (59.8K units)

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

In 2022, the amount of refrigerating or freezing equipment; parts thereof, other than furniture exported from the Netherlands rose modestly to 2.8M units, with an increase of 2.5% against 2021. In general, exports, however, continue to indicate a slight decrease. The most prominent rate of growth was recorded in 2021 with an increase of 4.1% against the previous year. The exports peaked at 3M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of refrigerating or freezing equipment; parts thereof, other than furniture fell to $262M in 2022. Overall, exports, however, continue to indicate a noticeable decrease. The pace of growth was the most pronounced in 2021 with an increase of 9.4%. As a result, the exports reached the peak of $304M, and then shrank in the following year.

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

1. Germany (445.1K units)
2. Belgium (440.5K units)
3. France (390.4K units)
4. Spain (169.9K units)
5. United Kingdom (136.8K units)
6. Italy (134.2K units)
7. Denmark (126.2K units)
8. Poland (90.1K units)
9. Czech Republic (52.3K units)
10. United States (47.1K units)
11. Romania (45.1K units)

Source: IndexBox Market Intelligence Platform