Germany - Compressors For Refrigeration Equipment - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRefrigerator Compressor Price in Germany - 2023
Contents:
- Refrigerator Compressor Price in Germany (FOB) - 2023
- Refrigerator Compressor Price in Germany (CIF) - 2023
- Refrigerator Compressor Exports in Germany
- Refrigerator Compressor Imports in Germany
Refrigerator Compressor Price in Germany (FOB) - 2023
In July 2023, the average refrigerator compressor export price amounted to $255 per unit, waning by -2.6% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.2%. The pace of growth was the most pronounced in June 2023 an increase of 13% month-to-month. As a result, the export price attained the peak level of $262 per unit, and then contracted slightly in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was China ($379 per unit), while the average price for exports to Italy ($167 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
Refrigerator Compressor Price in Germany (CIF) - 2023
The average refrigerator compressor import price stood at $204 per unit in July 2023, growing by 5.9% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.0%. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 11% month-to-month. The import price peaked in July 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Portugal ($334 per unit), while the price for China ($117 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Refrigerator Compressor Exports in Germany
Refrigerator compressor exports from Germany declined significantly to 6.8M units in 2022, which is down by -29.1% against the year before. In general, total exports indicated modest growth from 2019 to 2022: its volume increased at an average annual rate of +1.3% 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 +15.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 63%. As a result, the exports attained the peak of 9.6M units, and then dropped dramatically in the following year.
In value terms, refrigerator compressor exports fell to $1.4B in 2022. The total export value increased at an average annual rate of +5.8% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. As a result, the exports attained the peak of $1.4B, and then contracted modestly in the following year.
| Export of Refrigerator Compressor in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 118 | 142 | 166 | 164 | 11.6% |
| Italy | 116 | 149 | 170 | 153 | 9.7% |
| China | 103 | 118 | 135 | 134 | 9.2% |
| Spain | 97.0 | 96.5 | 114 | 111 | 4.6% |
| France | 70.3 | 73.9 | 92.6 | 84.3 | 6.2% |
| Turkey | 49.5 | 51.3 | 60.7 | 57.2 | 4.9% |
| Poland | 34.3 | 31.1 | 52.1 | 53.7 | 16.1% |
| Czech Republic | 39.2 | 36.8 | 37.3 | 38.7 | -0.4% |
| South Africa | 42.2 | 29.7 | 41.2 | 37.8 | -3.6% |
| United Kingdom | 41.9 | 38.1 | 30.3 | 35.5 | -5.4% |
| Slovakia | 25.8 | 31.2 | 27.1 | 24.9 | -1.2% |
| Hungary | 19.4 | 23.6 | 24.8 | 21.2 | 3.0% |
| Mexico | 16.7 | 20.4 | 24.7 | 21.0 | 7.9% |
| Others | 383 | 385 | 466 | 435 | 4.3% |
| Total | 1,156 | 1,226 | 1,441 | 1,370 | 5.8% |
Top Export Markets for Refrigerator Compressor from Germany in 2022:
- Spain (828.3K units)
- United States (801.8K units)
- China (769.9K units)
- Italy (517.2K units)
- France (473.8K units)
- South Africa (376.6K units)
- Turkey (357.9K units)
- Slovakia (295.2K units)
- Hungary (254.5K units)
- Poland (251.8K units)
- Czech Republic (239.6K units)
- Mexico (184.6K units)
- United Kingdom (179.2K units)
Refrigerator Compressor Imports in Germany
In 2022, the amount of compressors for refrigeration equipment imported into Germany stood at 12M units, approximately reflecting 2021. The total import volume increased at an average annual rate of +4.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 23% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, refrigerator compressor imports expanded rapidly to $1.2B in 2022. The total import value increased at an average annual rate of +10.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 23%. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Refrigerator Compressor in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 192 | 180 | 246 | 327 | 19.4% |
| Portugal | 81.5 | 128 | 159 | 158 | 24.7% |
| China | 73.4 | 94.2 | 183 | 151 | 27.2% |
| United Kingdom | 49.0 | 72.3 | 73.3 | 76.9 | 16.2% |
| Thailand | 15.1 | 28.7 | 61.7 | 72.0 | 68.3% |
| United States | 42.4 | 47.4 | 61.7 | 61.9 | 13.4% |
| Hungary | 84.8 | 78.8 | 44.7 | 48.8 | -16.8% |
| Poland | 74.9 | 42.4 | 46.9 | 45.8 | -15.1% |
| France | 89.0 | 29.3 | 31.0 | 32.6 | -28.5% |
| Denmark | 23.9 | 24.2 | 22.9 | 29.9 | 7.8% |
| Italy | 13.0 | 17.3 | 15.9 | 21.3 | 17.9% |
| Slovakia | 21.5 | 18.4 | 9.5 | 9.5 | -23.8% |
| Brazil | 5.3 | 4.8 | 6.3 | 7.7 | 13.3% |
| Others | 118 | 143 | 157 | 159 | 10.5% |
| Total | 884 | 908 | 1,120 | 1,200 | 10.7% |
Top Suppliers of Refrigerator Compressor to Germany in 2022:
- Japan (3872.6K units)
- China (2553.0K units)
- Portugal (889.1K units)
- Poland (758.8K units)
- Hungary (584.9K units)
- Thailand (431.6K units)
- Italy (353.4K units)
- Slovakia (315.2K units)
- United Kingdom (295.2K units)
- Denmark (286.3K units)
- France (250.7K units)
- United States (230.1K units)
- Brazil (205.2K units)
This report provides an in-depth analysis of the refrigerator compressor market in Germany. 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 28132300 - Compressors for refrigeration equipment
Country coverage:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- 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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