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

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Refrigerator And Freezer Market Size in Chile

The Chilean refrigerator and freezer market declined to $X in 2019, waning by -X% against the previous year. Over the period under review, consumption continues to indicate a slight downturn. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2019, consumption remained at a lower figure.

Refrigerator And Freezer Production in Chile

In value terms, refrigerator and freezer production contracted to $X in 2019 estimated in export prices. Overall, production saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2007; however, from 2008 to 2019, production remained at a lower figure.

Refrigerator And Freezer Exports

Exports from Chile

In 2019, shipments abroad of refrigerators and freezers was finally on the rise to reach X tonnes after two years of decline. Overall, exports, however, continue to indicate a abrupt curtailment. Exports peaked at X tonnes in 2008; however, from 2009 to 2019, exports remained at a lower figure.

In value terms, refrigerator and freezer exports skyrocketed to $X in 2019. In general, exports, however, saw a abrupt setback. Exports peaked at $X in 2008; however, from 2009 to 2019, exports remained at a lower figure.

Exports by Country

Ecuador (X tonnes) was the main destination for refrigerator and freezer exports from Chile, accounting for a X% share of total exports. Moreover, refrigerator and freezer exports to Ecuador exceeded the volume sent to the second major destination, Peru (X tonnes), eightfold. Guatemala (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual growth rate of volume to Ecuador amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (-X% per year) and Guatemala (+X% per year).

In value terms, Ecuador ($X) remains the key foreign market for refrigerator and freezer exports from Chile, comprising X% of total exports. The second position in the ranking was occupied by Peru ($X), with a X% share of total exports. It was followed by Uruguay, with a X% share.

From 2007 to 2019, the average annual growth rate of value to Ecuador amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (-X% per year) and Uruguay (-X% per year).

Export Prices by Country

The average refrigerator and freezer export price stood at $X per tonne in 2019, waning by -X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2012 an increase of X% year-to-year. As a result, export price reached the peak level of $X per tonne. From 2013 to 2019, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Paraguay ($X per tonne), while the average price for exports to Guatemala ($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 Paraguay, while the prices for the other major destinations experienced more modest paces of growth.

Refrigerator And Freezer Imports

Imports into Chile

In 2019, purchases abroad of refrigerators and freezers decreased by -X% to X tonnes, falling for the second consecutive year after three years of growth. Over the period under review, imports, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2010 when imports increased by X% y-o-y. Imports peaked at X tonnes in 2017; however, from 2018 to 2019, imports remained at a lower figure.

In value terms, refrigerator and freezer imports dropped to $X in 2019. In general, imports, however, showed a buoyant increase. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, China (X tonnes) constituted the largest refrigerator and freezer supplier to Chile, with a X% share of total imports. Moreover, refrigerator and freezer imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tonnes), more than tenfold. Mexico (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual growth rate of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+X% per year) and Mexico (+X% per year).

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

From 2007 to 2019, the average annual rate of growth in terms of value from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+X% per year) and Mexico (-X% per year).

Import Prices by Country

In 2019, the average refrigerator and freezer import price amounted to $X per tonne, with a decrease of -X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010 an increase of X% y-o-y. As a result, import price attained the peak level of $X per tonne. From 2011 to 2019, the growth in terms of the average import prices failed to regain the momentum.

Average prices varied somewhat amongst the major supplying countries. In 2019, the countries with the highest prices were Viet Nam ($X per tonne) and Thailand ($X per tonne), while the price for China ($X per tonne) and Poland ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for refrigerators and freezers in the world?
+
China (122K tonnes) constituted the country with the largest volume of refrigerator and freezer consumption, 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. The third position in this ranking was occupied by India (23K tonnes), with a 6.7% share.
What are the largest producers of refrigerators and freezers in the world?
+
The country with the largest volume of refrigerator and freezer production was China (160K tonnes), accounting for 46% of total volume. Moreover, refrigerator and freezer production in China exceeded the figures recorded by the second-largest producer, India (23K tonnes), sevenfold. Mexico (21K tonnes) ranked third in terms of total production with a 6% share.
What are the leading suppliers of refrigerators and freezers to Chile?
+
In value terms, China ($75M) constituted the largest supplier of refrigerator and freezer to Chile, comprising 73% of total imports. The second position in the ranking was occupied by Thailand ($8.6M), with a 8.3% share of total imports. It was followed by Mexico, with a 8% share.
What are the leading importers of refrigerators and freezers from Chile?
+
In value terms, Ecuador ($8.3M) remains the key foreign market for refrigerator and freezer exports from Chile, comprising 78% of total exports. The second position in the ranking was occupied by Peru ($905K), with a 8.6% share of total exports. It was followed by Uruguay, with a 4.1% share.
What is the average export price for refrigerators and freezers in Chile?
+
In 2019, the average refrigerator and freezer export price amounted to $275,257 per tonne, falling by -3.3% against the previous year.
What is the average import price for refrigerators and freezers in Chile?
+
In 2019, the average refrigerator and freezer import price amounted to $196,253 per tonne, reducing by -7.1% 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 Chile. 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:
• Chile

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Chile
• 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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