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

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

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Refrigerator and Freezer Price in Austria - 2023

Contents:

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

Refrigerator and Freezer Price in Austria (CIF) - 2022

In 2022, the average refrigerator and freezer import price amounted to $278 per unit, remaining relatively unchanged against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 10% against the previous year. The import price peaked at $312 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($602 per unit), while the price for Malaysia ($81 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Refrigerator and Freezer Price in Austria (FOB) - 2022

The average refrigerator and freezer export price stood at $460 per unit in 2022, picking up by 20% against the previous year. Overall, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, refrigerator and freezer export price increased by +114.8% against 2016 indices. The pace of growth was the most pronounced in 2017 an increase of 26%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($620 per unit), while the average price for exports to Bulgaria ($282 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 France (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Refrigerator and Freezer Imports in Austria

In 2022, after three years of growth, there was decline in supplies from abroad of refrigerators and freezers, when their volume decreased by -4.3% to 828K units. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +13.3% 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 +45.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 30%. Over the period under review, imports hit record highs at 865K units in 2021, and then shrank in the following year.

In value terms, refrigerator and freezer imports shrank to $230M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value 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 increased by +58.6% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 30%. Over the period under review, imports attained the maximum at $244M in 2021, and then dropped in the following year.

Import of Refrigerator and Freezer in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany65.912915814931.3%
Bulgaria8.813.221.022.236.1%
Italy10.05.25.56.8-12.1%
Slovenia0.15.78.56.5302.1%
Turkey15.07.29.96.3-25.1%
China15.14.37.45.8-27.3%
Serbia4.44.25.64.40.0%
MalaysiaN/A0.60.72.8116.0%
Others25.619.827.526.00.5%
Total14518924423016.6%

Top Suppliers of Refrigerator and Freezer to Austria in 2022:

  1. Germany (504.5K units)
  2. Bulgaria (82.5K units)
  3. Slovenia (41.0K units)
  4. Turkey (35.9K units)
  5. Malaysia (34.4K units)
  6. China (32.7K units)
  7. Serbia (27.2K units)
  8. Italy (17.9K units)

Refrigerator and Freezer Exports in Austria

In 2022, the amount of refrigerators and freezers exported from Austria dropped dramatically to 302K units, waning by -22.5% compared with 2021 figures. Over the period under review, exports showed a pronounced slump. The pace of growth appeared the most rapid in 2021 with an increase of 21% against the previous year. As a result, the exports attained the peak of 390K units, and then dropped dramatically in the following year.

In value terms, refrigerator and freezer exports dropped to $139M in 2022. The total export value increased at an average annual rate of +4.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 33%. As a result, the exports reached the peak of $149M, and then fell in the following year.

Export of Refrigerator and Freezer in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany43.338.947.843.40.1%
Poland1.21.213.716.7140.5%
Czech Republic1.01.110.913.9140.4%
United States17.711.414.010.7-15.4%
France10.09.78.47.6-8.7%
Switzerland10.49.99.87.4-10.7%
Slovakia0.32.04.14.6148.4%
Slovenia0.42.83.64.4122.4%
Italy4.83.84.83.0-14.5%
Netherlands2.62.72.52.71.3%
Bulgaria1.11.51.61.715.6%
Russia4.44.54.20.6-48.5%
Others23.323.023.922.3-1.5%
Total1201131491395.0%

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

  1. Germany (108.0K units)
  2. Poland (34.7K units)
  3. Czech Republic (34.6K units)
  4. Switzerland (18.4K units)
  5. United States (17.3K units)
  6. France (12.4K units)
  7. Slovakia (11.9K units)
  8. Slovenia (9.4K units)
  9. Bulgaria (6.1K units)
  10. Italy (5.7K units)
  11. Netherlands (4.6K units)
  12. Russia (1.2K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the refrigerator and freezer market in Austria. 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:

  • Austria

Data coverage:

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