Refrigerator or Freezer Market

Refrigerator or freezer market: read the latest datasets empowered by an Ai-driven market research tool. Datasets contain consumption, market size, companies, production, exports, trade, imports, and market prices. There is a split by country, including the U.S., China, the U.K., Latin America, the Middle East, EU, Russia, and Africa. Market insights and forecast to 2030 are also featured in the dashboards.


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Refrigerator or Freezer - World's Largest Markets

RatingCountry
1United States
2China
3Japan
4India
5Germany

In value terms, the United States led the market, alone. The second position in the ranking was occupied by China. It was followed by Japan.

In the United States, the refrigerator or freezer market shrank by an average annual rate of -14.9% over the period from 2018-2020. In the other countries, the average annual rates were as follows: China (-8.1% per year) and Japan (+0.9% per year).

Refrigerator Or Freezer Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Russia2507264125801.4%
South Korea784540772820-40.0%
China495237403138-20.4%
Portugal492440933548-15.1%
Turkey4919474557548.2%
France11129122246833-21.6%
Spain30092760697952.3%
Thailand726676617006-1.8%
Germany8468833688532.2%
Mexico7643896489078.0%
Italy91741074797513.1%
Malaysia935095511247815.5%
United States428492902312517-46.0%
Average633962126161-1.4%

Prices varied noticeably by the country of origin; the country with the highest price was the United States ($12,517 per ton), while Russia ($2,580 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Spain (+52.3% per year), while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Saudi Arabia13961844813348-2.2%
France10122116761320314.2%
Canada95319854101403.1%
United States1005699158819-6.4%
Germany950272288160-7.3%
Thailand4826503049231.0%
Spain3674365943378.6%
Italy518766523282-20.5%
Sudan323031093027-3.2%
Hong Kong SAR343732462909-8.0%
South Korea275925482429-6.2%
Portugal558337681940-41.1%
Uzbekistan20792275907-33.9%
Average683564885699-8.7%

Prices varied noticeably by the country of destination; the country with the highest price was Saudi Arabia ($13,348 per ton), while Uzbekistan ($907 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by France, while the other global leaders experienced more modest paces of growth.

Refrigerator or Freezer - Top Importers

COUNTRY201820192020CAGR,
2018-2020
million USD
Saudi Arabia53.31676.3%
Thailand3.8615100.5%
United States11131515.4%
Canada9.19.11110.9%
Italy1.91.910135.5%

In value terms, Saudi Arabia ($16M), Thailand ($15M) and the United States ($15M) appeared to be the countries with the highest levels of imports in 2020, with a combined 21% share of global imports. These countries were followed by Canada, Italy, France, Portugal, South Korea, Spain, Germany, Hong Kong SAR, Sudan and Uzbekistan, which together accounted for a further 31%.

Uzbekistan (+160.3% per year) recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Refrigerator or Freezer - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
million USD
China652221-43.8%
Germany5.25.41781.2%
Portugal13121712.9%
United States231916-15.8%
Italy172015-4.5%

In value terms, China ($21M), Germany ($17M) and Portugal ($17M) were the countries with the highest levels of exports in 2020, together accounting for 30% of global exports. The United States, Italy, Malaysia, Thailand, Mexico, France, Turkey, Spain, South Korea and Russia lagged somewhat behind, together comprising a further 51%.

Malaysia (+192.6% per year) saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Refrigerator or Freezer - Market Forecast

Driven by rising demand for refrigerator or freezer worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Refrigerator or Freezer - Product Coverage

  • HS 841891 - Refrigerating or freezing equipment; parts, furniture designed to receive refrigerating or freezing equipment
Store
Blog
Event
World - Furniture Designed to Receive Refrigerating or Freezing Equipment - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global refrigerator or freezer market.

Australia and Oceania - Furniture Designed to Receive Refrigerating or Freezing Equipment - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the refrigerator or freezer market in Australia and Oceania.

Central Asia - Furniture Designed to Receive Refrigerating or Freezing Equipment - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the refrigerator or freezer market in Central Asia.

Southern Asia - Furniture Designed to Receive Refrigerating or Freezing Equipment - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the refrigerator or freezer market in Southern Asia.

Latin America and the Caribbean - Furniture Designed to Receive Refrigerating or Freezing Equipment - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the refrigerator or freezer market in Latin America and the Caribbean.

Africa - Furniture Designed to Receive Refrigerating or Freezing Equipment - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the refrigerator or freezer market in Africa.

Middle East - Furniture Designed to Receive Refrigerating or Freezing Equipment - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the refrigerator or freezer market in the Middle East.

Eastern Asia - Furniture Designed to Receive Refrigerating or Freezing Equipment - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the refrigerator or freezer market in Eastern Asia.

Northern America - Furniture Designed to Receive Refrigerating or Freezing Equipment - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the refrigerator or freezer market in Northern America.

South-Eastern Asia - Furniture Designed to Receive Refrigerating or Freezing Equipment - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the refrigerator or freezer market in South-Eastern Asia.

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