Austria: Refrigerator And Freezer Market Overview 2020

Refrigerator And Freezer Market Size in Austria

The revenue of the refrigerator and freezer market in Austria amounted to $X in 2018, jumping by X% against the previous year. In general, refrigerator and freezer consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the market value increased by X% y-o-y. Over the period under review, the refrigerator and freezer market reached its maximum level at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Refrigerator And Freezer Production in Austria

In value terms, refrigerator and freezer production totaled $X in 2018 estimated in export prices. In general, refrigerator and freezer production, however, continues to indicate a deep setback. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. Refrigerator and freezer production peaked at $X in 2007; however, from 2008 to 2018, production stood at a somewhat lower figure.

Refrigerator And Freezer Exports

Exports from Austria

In 2018, the exports of refrigerators and freezers from Austria stood at X tonnes, increasing by X% against the previous year. In general, refrigerator and freezer exports, however, continue to indicate an abrupt deduction. The most prominent rate of growth was recorded in 2018 when exports increased by X% year-to-year. Over the period under review, refrigerator and freezer exports reached their maximum at X tonnes in 2008; however, from 2009 to 2018, exports stood at a somewhat lower figure.

In value terms, refrigerator and freezer exports totaled $X in 2018. Over the period under review, refrigerator and freezer exports, however, continue to indicate a deep slump. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Exports peaked at $X in 2008; however, from 2009 to 2018, exports failed to regain their momentum.

Exports by Country

Germany (X tonnes), the U.S. (X tonnes) and France (X tonnes) were the main destinations of refrigerator and freezer exports from Austria, with a combined X% share of total exports. Russia, Switzerland, Belgium, Italy, Canada, Spain and the Netherlands lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Canada, while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for refrigerator and freezer exported from Austria were Germany ($X), the U.S. ($X) and Switzerland ($X), with a combined X% share of total exports. France, Russia, Italy, Belgium, Spain, the Netherlands and Canada lagged somewhat behind, together accounting for a further X terms of the main countries of destination, Canada experienced the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2018, the average refrigerator and freezer export price amounted to $X per tonne, waning by -X% against the previous year. Overall, the refrigerator and freezer export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 an increase of X% year-to-year. Over the period under review, the average export prices for refrigerators and freezers reached their peak figure at $X per tonne in 2016; however, from 2017 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Switzerland ($X per tonne), while the average price for exports to France ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland, while the prices for the other major destinations experienced more modest paces of growth.

Refrigerator And Freezer Imports

Imports into Austria

In 2018, approx. X tonnes of refrigerators and freezers were imported into Austria; jumping by X% against the previous year. In general, refrigerator and freezer imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. In that year, refrigerator and freezer imports attained their peak and are likely to continue its growth in the immediate term.

In value terms, refrigerator and freezer imports stood at $X in 2018. In general, refrigerator and freezer imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. In that year, refrigerator and freezer imports reached their peak and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, Germany (X tonnes) constituted the largest supplier of refrigerator and freezer to Austria, accounting for a X% share of total imports. Moreover, refrigerator and freezer imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tonnes), sixfold. Turkey (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Germany totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Turkey (-X% per year).

In value terms, Germany ($X) constituted the largest supplier of refrigerator and freezer to Austria, comprising X% of total refrigerator and freezer imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

From 2007 to 2018, the average annual growth rate of value from Germany stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Turkey (-X% per year).

Import Prices by Country

In 2018, the average refrigerator and freezer import price amounted to $X per tonne, jumping by X% against the previous year. In general, the refrigerator and freezer import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2013; however, from 2014 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Slovakia ($X per tonne), while the price for Romania ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform