Brazil: Combined Refrigerator-Freezer Market 2024

Combined Refrigerator-Freezer Market Size in Brazil

In 2022, the Brazilian combined refrigerator-freezer market increased by X% to $X, rising for the fourth consecutive year after two years of decline. In general, consumption, however, continues to indicate a pronounced decrease. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Combined Refrigerator-Freezer Production in Brazil

In value terms, combined refrigerator-freezer production reduced slightly to $X in 2022 estimated in export price. Overall, production, however, recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Combined Refrigerator-Freezer Exports

Exports from Brazil

In 2022, approx. X units of combined refrigerators-freezers were exported from Brazil; shrinking by X% compared with 2021. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports reached the peak figure at X units in 2021, and then declined sharply in the following year.

In value terms, combined refrigerator-freezer exports shrank to $X in 2022. Over the period under review, exports recorded a mild reduction. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Argentina (X units), Paraguay (X units) and Bolivia (X units) were the main destinations of combined refrigerator-freezer exports from Brazil, with a combined X% share of total exports. Ecuador, Mexico, Chile, Colombia, Uruguay and Peru lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mexico (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for combined refrigerator-freezer exported from Brazil were Argentina ($X), Paraguay ($X) and Bolivia ($X), together accounting for X% of total exports. Mexico, Ecuador, Colombia, Uruguay, Chile and Peru lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Mexico, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average combined refrigerator-freezer export price amounted to $X per unit, growing by X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($X per unit), while the average price for exports to Chile ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (X%), while the prices for the other major destinations experienced mixed trend patterns.

Combined Refrigerator-Freezer Imports

Imports into Brazil

In 2022, purchases abroad of combined refrigerators-freezers decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports reached the peak figure at X units in 2021, and then shrank modestly in the following year.

In value terms, combined refrigerator-freezer imports rose significantly to $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

China (X units), Thailand (X units) and Mexico (X units) were the main suppliers of combined refrigerator-freezer imports to Brazil, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest combined refrigerator-freezer suppliers to Brazil were China ($X), Thailand ($X) and Mexico ($X), together comprising X% of total imports.

Among the main suppliers, Thailand, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average combined refrigerator-freezer import price amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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