Australia and Oceania: Combined Refrigerator-Freezer Market 2024

Combined Refrigerator-Freezer Market Size in Australia and Oceania

The combined refrigerator-freezer market in Australia and Oceania expanded markedly to $X in 2022, surging by X% against the previous year. The total consumption indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2012 indices. Over the period under review, the market attained the maximum level in 2022 and is likely to see steady growth in years to come.

Combined Refrigerator-Freezer Production in Australia and Oceania

In value terms, combined refrigerator-freezer production expanded sharply to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. The level of production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Combined Refrigerator-Freezer Exports

Exports in Australia and Oceania

In 2022, overseas shipments of combined refrigerators-freezers decreased by X% to X units, falling for the third year in a row after two years of growth. Over the period under review, exports continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, combined refrigerator-freezer exports reduced dramatically to $X in 2022. Overall, exports showed a precipitous setback. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Australia represented the major exporter of combined refrigerators-freezers in Australia and Oceania, with the volume of exports accounting for X units, which was near X% of total exports in 2022. It was distantly followed by New Zealand (X units), achieving a X% share of total exports. Fiji (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to combined refrigerator-freezer exports from Australia stood at X%. Fiji (X%) and New Zealand (X%) illustrated a downward trend over the same period. Australia (X p.p.) and Fiji (X p.p.) significantly strengthened its position in terms of the total exports, while New Zealand saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Australia ($X) remains the largest combined refrigerator-freezer supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: New Zealand (X% per year) and Fiji (X% per year).

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2022, rising by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the export price increased by X%. Over the period under review, the export prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was New Zealand ($X per unit), while Fiji ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%), while the other leaders experienced more modest paces of growth.

Combined Refrigerator-Freezer Imports

Imports in Australia and Oceania

In 2022, approx. X units of combined refrigerators-freezers were imported in Australia and Oceania; growing by X% compared with 2021. Total imports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2017 indices. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. The volume of import peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, combined refrigerator-freezer imports rose notably to $X in 2022. Total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

In 2022, Australia (X units) represented the largest importer of combined refrigerators-freezers, making up X% of total imports. It was distantly followed by New Zealand (X units), generating a X% share of total imports.

Australia was also the fastest-growing in terms of the combined refrigerators-freezers imports, with a CAGR of X% from 2012 to 2022. At the same time, New Zealand (X%) displayed positive paces of growth. While the share of Australia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of New Zealand (X p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported combined refrigerators-freezers in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports.

In Australia, combined refrigerator-freezer imports expanded at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2022, remaining relatively unchanged against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per unit), while New Zealand totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%).

Source: IndexBox Platform

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