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Belgium - Refrigerators And Freezers - Market Analysis, Forecast, Size, Trends and Insights
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Belgium: Refrigerator And Freezer Market Overview 2021

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Refrigerator And Freezer Market Size in Belgium

In 2019, the Belgian refrigerator and freezer market decreased by -X% to $X for the first time since 2015, thus ending a three-year rising trend. Overall, consumption showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. As a result, consumption reached the peak level of $X. From 2009 to 2019, the growth of the market remained at a somewhat lower figure.

Refrigerator And Freezer Production in Belgium

In value terms, refrigerator and freezer production soared to $X in 2019 estimated in export prices. Overall, the total production indicated pronounced growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +X% against 2014 indices. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. Over the period under review, production attained the peak level in 2019 and is expected to retain growth in the immediate term.

Refrigerator And Freezer Exports

Exports from Belgium

In 2019, overseas shipments of refrigerators and freezers increased by X% to X tonnes, rising for the second year in a row after two years of decline. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when exports increased by X% y-o-y. As a result, exports reached the peak of X tonnes. From 2014 to 2019, the growth exports failed to regain the momentum.

In value terms, refrigerator and freezer exports skyrocketed to $X in 2019. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Exports peaked at $X in 2010; however, from 2011 to 2019, exports remained at a lower figure.

Exports by Country

Germany (X tonnes), the Netherlands (X tonnes) and France (X tonnes) were the main destinations of refrigerator and freezer exports from Belgium, with a combined X% share of total exports. These countries were followed by Mauritania, which accounted for a further X 2007 to 2019, the biggest increases were in Mauritania, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for refrigerator and freezer exported from Belgium were the Netherlands ($X), France ($X) and Germany ($X), together comprising X% of total exports.

Among the main countries of destination, Germany recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average refrigerator and freezer export price stood at $X per tonne in 2019, rising by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2009 when the average export price increased by X% y-o-y. As a result, export price attained the peak level of $X per tonne. From 2010 to 2019, the growth in terms of the average export prices failed to regain the momentum.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced a decline.

Refrigerator And Freezer Imports

Imports into Belgium

In 2019, the amount of refrigerators and freezers imported into Belgium reduced modestly to X tonnes, approximately equating the previous year. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when imports increased by X% year-to-year. Over the period under review, imports attained the peak figure at X tonnes in 2013; afterwards, it flattened through to 2019.

In value terms, refrigerator and freezer imports shrank to $X in 2019. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. As a result, imports attained the peak of $X. From 2012 to 2019, the growth imports remained at a lower figure.

Imports by Country

The Netherlands (X tonnes), Turkey (X tonnes) and China (X tonnes) were the main suppliers of refrigerator and freezer imports to Belgium, with a combined X% share of total imports. These countries were followed by Germany, Romania, France and Bulgaria, which together accounted for a further X 2007 to 2019, the biggest increases were in Romania, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest refrigerator and freezer suppliers to Belgium were the Netherlands ($X), Germany ($X) and Turkey ($X), together accounting for X% of total imports. These countries were followed by China, Bulgaria, Romania and France, which together accounted for a further X saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average refrigerator and freezer import price stood at $X per tonne in 2019, shrinking by -X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% y-o-y. The import price peaked at $X per tonne in 2010; however, from 2011 to 2019, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for refrigerators and freezers in the world?
+
China (122K tonnes) remains the largest refrigerator and freezer consuming country worldwide, comprising approx. 35% of total volume. Moreover, refrigerator and freezer consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (37K tonnes), threefold. India (23K tonnes) ranked third in terms of total consumption with a 6.7% share.
What are the largest producers of refrigerators and freezers in the world?
+
China (160K tonnes) remains the largest refrigerator and freezer producing country worldwide, comprising approx. 46% of total volume. Moreover, refrigerator and freezer production in China exceeded the figures recorded by the second-largest producer, India (23K tonnes), sevenfold. The third position in this ranking was occupied by Mexico (21K tonnes), with a 6% share.
What are the leading suppliers of refrigerators and freezers to Belgium?
+
In value terms, the Netherlands ($66M), Germany ($60M) and Turkey ($41M) appeared to be the largest refrigerator and freezer suppliers to Belgium, with a combined 65% share of total imports. These countries were followed by China, Bulgaria, Romania and France, which together accounted for a further 27%.
What are the leading importers of refrigerators and freezers from Belgium?
+
In value terms, the Netherlands ($26M), France ($21M) and Germany ($19M) constituted the largest markets for refrigerator and freezer exported from Belgium worldwide, together comprising 87% of total exports.
What is the average export price for refrigerators and freezers in Belgium?
+
In 2019, the average refrigerator and freezer export price amounted to $223,384 per tonne, increasing by 2.9% against the previous year.
What is the average import price for refrigerators and freezers in Belgium?
+
The average refrigerator and freezer import price stood at $219,382 per tonne in 2019, reducing by -7% against the previous year.

Product coverage:
• Prodcom 27511110 - Combined refrigerators-freezers, with separate external doors
• Prodcom 27511133 - Household-type refrigerators (including compression-type, e lectrical absorption-type) (excluding built-in)
• Prodcom 27511135 - Compression-type built-in refrigerators
• Prodcom 27511150 - Chest freezers of a capacity . .800 litres
• Prodcom 27511170 - Upright freezers of a capacity . .900 litres

This report provides an in-depth analysis of the refrigerator and freezer market in Belgium. 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 2025.


Country coverage:
• Belgium

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Belgium
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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