Argentina - Refrigerators And Freezers - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Argentina - Refrigerators And Freezers - Market Analysis, Forecast, Size, Trends and Insights

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Refrigerator and Freezer Price in Argentina - 2023

Contents:

  1. Refrigerator and Freezer Price in Argentina (CIF) - 2022
  2. Refrigerator and Freezer Price in Argentina (FOB) - 2022
  3. Refrigerator and Freezer Imports in Argentina
  4. Refrigerator and Freezer Exports in Argentina

Refrigerator and Freezer Price in Argentina (CIF) - 2022

In 2022, the average refrigerator and freezer import price amounted to $314 per unit, picking up by 16% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.6%. The most prominent rate of growth was recorded in 2016 an increase of 38%. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($859 per unit), while the price for Hong Kong SAR ($81 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Refrigerator and Freezer Price in Argentina (FOB) - 2022

In 2022, the average refrigerator and freezer export price amounted to $527 per unit, picking up by 47% against the previous year. In general, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($650 per unit), while the average price for exports to Uruguay amounted to $440 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+15.4%), while the prices for the other major destinations experienced more modest paces of growth.

Refrigerator and Freezer Imports in Argentina

In 2022, imports of refrigerators and freezers into Argentina dropped to 126K units, reducing by -6.8% on the previous year's figure. Over the period under review, imports faced a deep contraction. The smallest decline of -1% was in 2021. Over the period under review, imports attained the peak figure at 193K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, refrigerator and freezer imports rose notably to $39M in 2022. Overall, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 8.9% against the previous year. Imports peaked at $48M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Refrigerator and Freezer in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil25.613.614.015.3-15.8%
China12.514.714.714.96.0%
Mexico3.11.42.66.024.6%
Thailand0.80.51.21.07.7%
Turkey2.31.01.10.5-39.9%
Hong Kong SARN/AN/A0.10.3200.0%
Others3.32.32.81.5-23.1%
Total47.733.636.539.5-6.1%

Top Suppliers of Refrigerator and Freezer to Argentina in 2022:

  1. China (63.0K units)
  2. Brazil (47.1K units)
  3. Mexico (7.0K units)
  4. Hong Kong SAR (3.3K units)
  5. Thailand (2.2K units)
  6. Turkey (1.4K units)

Refrigerator and Freezer Exports in Argentina

Refrigerator and freezer exports from Argentina surged to 749 units in 2022, jumping by 424% against 2021. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, refrigerator and freezer exports skyrocketed to $394K in 2022. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Refrigerator and Freezer in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia33.412.62.520181.9%
Uruguay31.429.84.919383.2%
Paraguay12.888.139.9N/A76.6%
Chile13.07.52.5N/A-56.1%
Others13.73.11.4N/A-68.0%
Total10414151.239455.9%

Top Export Markets for Refrigerator and Freezer from Argentina in 2022:

  1. Uruguay (440.0 units)
  2. Bolivia (309.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the refrigerator and freezer market in Argentina. 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 27511110 - Combined refrigerators-freezers, with separate external doors
  • 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:

  • Argentina

Data coverage:

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