Ireland - Refrigerators And Freezers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRefrigerator and Freezer Price in Ireland - 2023
Contents:
- Refrigerator and Freezer Price in Ireland (CIF) - 2022
- Refrigerator and Freezer Price in Ireland (FOB) - 2022
- Refrigerator and Freezer Imports in Ireland
- Refrigerator and Freezer Exports in Ireland
Refrigerator and Freezer Price in Ireland (CIF) - 2022
In 2022, the average refrigerator and freezer import price amounted to $269 per unit, increasing by 11% against the previous year. Over the period under review, the import price, however, continues to indicate a slight curtailment. The pace of growth appeared the most rapid in 2021 when the average import price increased by 21% against the previous year. Over the period under review, average import prices attained the peak figure at $317 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($831 per unit), while the price for Romania ($148 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Refrigerator and Freezer Price in Ireland (FOB) - 2022
The average refrigerator and freezer export price stood at $269 per unit in 2022, shrinking by -28.2% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 65%. As a result, the export price reached the peak level of $375 per unit. From 2018 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($456 per unit), while the average price for exports to the UK ($254 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 Turkey (+23.1%), while the prices for the other major destinations experienced more modest paces of growth.
Refrigerator and Freezer Imports in Ireland
In 2022, after three years of growth, there was significant decline in overseas purchases of refrigerators and freezers, when their volume decreased by -18.9% to 328K units. The total import volume increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 16%. Imports peaked at 404K units in 2021, and then contracted significantly in the following year.
In value terms, refrigerator and freezer imports declined to $88M in 2022. The total import value increased at an average annual rate of +8.3% 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 with an increase of 36%. As a result, imports attained the peak of $98M, and then contracted in the following year.
| Import of Refrigerator and Freezer in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 15.9 | 11.8 | 34.4 | 25.3 | 16.7% |
| Turkey | 12.1 | 8.1 | 18.2 | 15.9 | 9.5% |
| United Kingdom | 17.8 | 33.9 | 12.3 | 13.6 | -8.6% |
| Italy | 6.2 | 7.2 | 12.1 | 7.8 | 8.0% |
| Netherlands | 0.5 | 0.1 | 7.6 | 7.0 | 141.0% |
| Denmark | 0.1 | 0.2 | 0.5 | 4.3 | 250.3% |
| Romania | 1.4 | 2.5 | 1.3 | 2.0 | 12.6% |
| Others | 15.6 | 8.7 | 12.0 | 12.5 | -7.1% |
| Total | 69.5 | 72.5 | 98.3 | 88.2 | 8.3% |
Top Suppliers of Refrigerator and Freezer to Ireland in 2022:
- China (123.0K units)
- Turkey (71.1K units)
- United Kingdom (50.6K units)
- Italy (27.5K units)
- Netherlands (14.2K units)
- Romania (13.2K units)
- Denmark (11.2K units)
Refrigerator and Freezer Exports in Ireland
In 2022, refrigerator and freezer exports from Ireland soared to 45K units, rising by 37% on the previous year's figure. In general, exports enjoyed buoyant growth. The growth pace was the most rapid in 2021 with an increase of 79% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, refrigerator and freezer exports shrank modestly to $12M in 2022. Overall, exports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 191%. As a result, the exports reached the peak of $12M, and then dropped modestly in the following year.
| Export of Refrigerator and Freezer in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 6.8 | 4.2 | 9.3 | 9.9 | 13.3% |
| France | N/A | N/A | 1.4 | 1.0 | -28.6% |
| Netherlands | 0.4 | N/A | 0.8 | 0.6 | 14.5% |
| Poland | N/A | N/A | 0.2 | 0.4 | 100.0% |
| Norway | 0.1 | N/A | N/A | N/A | 0% |
| Denmark | 0.4 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.6 | 0.3 | -50.0% |
| Total | 7.8 | 4.3 | 12.4 | 12.2 | 16.1% |
Top Export Markets for Refrigerator and Freezer from Ireland in 2022:
- Denmark (undefinedK units)
- United Kingdom (39.0K units)
- France (2.1K units)
- Netherlands (1.4K units)
- Poland (0.9K units)
This report provides an in-depth analysis of the refrigerator and freezer market in Ireland. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ireland
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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