Australia and Oceania: Non-Combined Refrigerator-Freezer Market 2024

Non-Combined Refrigerator-Freezer Market Size in Australia and Oceania

In 2022, the non-combined refrigerator-freezer market in Australia and Oceania increased by X% to $X, rising for the third consecutive year after two years of decline. The total consumption indicated strong growth 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 2019 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Non-Combined Refrigerator-Freezer Production in Australia and Oceania

In value terms, non-combined refrigerator-freezer production expanded sharply to $X in 2022 estimated in export price. Over the period under review, production, however, faced a drastic downturn. The pace of growth was the most pronounced in 2020 with an increase of X%. The level of production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Non-Combined Refrigerator-Freezer Exports

Exports in Australia and Oceania

In 2022, non-combined refrigerator-freezer exports in Australia and Oceania fell to X units, declining by X% on the year before. In general, exports showed a abrupt descent. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, non-combined refrigerator-freezer exports contracted modestly to $X in 2022. Overall, exports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Australia was the main exporter of household refrigerators and freezers (not combined) in Australia and Oceania, with the volume of exports recording X units, which was approx. X% of total exports in 2022. It was distantly followed by New Zealand (X units) and Fiji (X units), together generating a X% share of total exports. The following exporters - Micronesia (X units) and New Caledonia (X units) - each resulted at a X% share of total exports.

Exports from Australia decreased at an average annual rate of X% from 2012 to 2022. At the same time, New Caledonia (X%) and Micronesia (X%) displayed positive paces of growth. Moreover, New Caledonia emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of X% from 2012-2022. By contrast, Fiji (X%) and New Zealand (X%) illustrated a downward trend over the same period. While the share of Australia (X p.p.), Fiji (X p.p.), Micronesia (X p.p.) and New Caledonia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of New Zealand (X p.p.) displayed negative dynamics.

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

In Australia, non-combined refrigerator-freezer exports plunged by an average annual rate of X% over the period from 2012-2022. 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

In 2022, the export price in Australia and Oceania amounted to $X per unit, rising by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

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

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

Non-Combined Refrigerator-Freezer Imports

Imports in Australia and Oceania

In 2022, approx. X units of household refrigerators and freezers (not combined) were imported in Australia and Oceania; rising by X% on the previous year. Total imports indicated resilient growth 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 2015 indices. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, non-combined refrigerator-freezer imports surged to $X in 2022. Overall, imports recorded resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Australia was the largest importing country with an import of about X units, which resulted at X% of total imports. It was distantly followed by New Zealand (X units), mixing up a X% share of total imports. Fiji (X units) and Papua New Guinea (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to non-combined refrigerator-freezer imports into Australia stood at X%. At the same time, Fiji (X%) and New Zealand (X%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. Papua New Guinea experienced a relatively flat trend pattern. From 2012 to 2022, the share of New Zealand increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported household refrigerators and freezers (not combined) in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by New Zealand ($X), with a X% share of total imports. It was followed by Fiji, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Australia totaled X%. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and Fiji (X% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2022, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Fiji ($X per unit), while Papua New Guinea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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