Report Update: May 1, 2024

Czech Republic - Compressors For Refrigeration Equipment - Market Analysis, Forecast, Size, Trends And Insights

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Refrigerator Compressor Price in the Czech Republic - 2023

Refrigerator Compressor Price in the Czech Republic (FOB) - 2023

The average refrigerator compressor export price stood at $268 per unit in July 2023, picking up by 3.1% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in April 2023 an increase of 10% against the previous month. The export price peaked in July 2023.

There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Ireland ($813 per unit), while the average price for exports to Saudi Arabia ($182 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 Italy (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.

Refrigerator Compressor Price in the Czech Republic (CIF) - 2023

The average refrigerator compressor import price stood at $255 per unit in July 2023, rising by 4.7% against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 12% month-to-month. The import price peaked in July 2023.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Spain ($417 per unit), while the price for the UK ($86.7 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 Spain (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Refrigerator Compressor Exports in the Czech Republic

In 2022, the amount of compressors for refrigeration equipment exported from the Czech Republic dropped to 2.1M units, falling by -13% against the previous year's figure. Over the period under review, exports recorded a sharp curtailment. Over the period under review, the exports reached the peak figure at 5.8M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, refrigerator compressor exports fell to $245M in 2022. Overall, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 6.4%. The exports peaked at $312M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Refrigerator Compressor in the Czech Republic (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	7.3	6.5	15.1	33.9	66.8%
Germany	27.0	29.8	37.7	33.7	7.7%
France	57.1	38.2	37.7	30.7	-18.7%
Ireland	19.7	18.0	22.5	25.6	9.1%
Turkey	18.3	4.6	7.0	18.3	0.0%
Romania	35.9	28.9	24.2	15.8	-23.9%
Spain	16.0	5.6	11.4	13.9	-4.6%
Hungary	18.9	33.7	28.5	8.5	-23.4%
Belgium	19.7	14.1	13.3	8.0	-25.9%
Poland	7.5	1.0	1.4	7.8	1.3%
Sweden	15.9	9.2	9.2	7.3	-22.9%
Slovenia	10.0	5.1	2.4	3.5	-29.5%
Russia	17.5	14.0	11.9	2.0	-51.5%
Others	41.0	34.7	36.4	35.5	-4.7%
Total	312	243	259	245	-7.7%

Top Export Markets for Refrigerator Compressor from the Czech Republic in 2022:

France (358.1K units)
Germany (341.2K units)
Romania (253.8K units)
Italy (224.5K units)
Turkey (216.8K units)
Spain (132.6K units)
Hungary (117.0K units)
Belgium (95.8K units)
Poland (92.4K units)
Slovenia (89.6K units)
Sweden (84.6K units)
Ireland (32.7K units)
Russia (25.3K units)

Refrigerator Compressor Imports in the Czech Republic

In 2022, the amount of compressors for refrigeration equipment imported into the Czech Republic rose markedly to 2.1M units, growing by 10% compared with the previous year's figure. The total import volume increased at an average annual rate of +1.1% from 2019 to 2022; however, 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 30%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, refrigerator compressor imports dropped slightly to $213M in 2022. The total import value increased at an average annual rate of +3.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 35% against the previous year. As a result, imports reached the peak of $219M, and then shrank in the following year.

Import of Refrigerator Compressor in the Czech Republic (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
South Korea	28.9	22.9	34.1	39.2	10.7%
Japan	9.2	7.9	11.4	31.3	50.4%
Hungary	32.7	31.5	38.7	30.2	-2.6%
Germany	45.1	29.6	32.2	28.5	-14.2%
Poland	16.4	30.2	33.0	24.9	14.9%
China	14.1	5.0	10.1	11.7	-6.0%
Italy	3.4	4.4	4.9	6.6	24.7%
Spain	3.2	3.2	4.6	3.1	-1.1%
Indonesia	9.2	0.5	0.8	2.2	-37.9%
Others	31.3	27.2	49.1	35.8	4.6%
Total	194	162	219	213	3.2%

Top Suppliers of Refrigerator Compressor to the Czech Republic in 2022:

Hungary (366.8K units)
Poland (310.3K units)
South Korea (290.5K units)
Japan (270.0K units)
Germany (206.4K units)
China (196.8K units)
Spain (110.8K units)
Italy (97.1K units)
Indonesia (50.4K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the refrigerator compressor market in the Czech Republic. 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:

Czech Republic

Data coverage:

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

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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