China: Refrigerating Show-Cases Market 2024

Refrigerating Show-Cases Market Size in China

The Chinese refrigerating show-cases market rose rapidly to $X in 2023, picking up by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Refrigerating show-cases consumption peaked at $X in 2017; however, from 2018 to 2023, consumption stood at a somewhat lower figure.

Refrigerating Show-Cases Production in China

In value terms, refrigerating show-cases production stood at $X in 2023 estimated in export price. Overall, the total production indicated a strong expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Refrigerating show-cases production peaked at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Refrigerating Show-Cases Exports

Exports from China

In 2023, shipments abroad of refrigerating or freezing display counters, cabinets, show-cases decreased by X% to X units, falling for the second consecutive year after five years of growth. In general, exports, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2018 when exports increased by X%. The exports peaked at X units in 2021; afterwards, it flattened through to 2023.

In value terms, refrigerating show-cases exports reduced modestly to $X in 2023. Overall, exports, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2022, and then dropped slightly in the following year.

Exports by Country

The United States (X units) was the main destination for refrigerating show-cases exports from China, accounting for a X% share of total exports. Moreover, refrigerating show-cases exports to the United States exceeded the volume sent to the second major destination, Indonesia (X units), twofold. The third position in this ranking was taken by Australia (X units), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (X% per year) and Australia (X% per year).

In value terms, the United States ($X) remains the key foreign market for refrigerating or freezing display counters, cabinets, show-cases exports from China, comprising X% of total exports. The second position in the ranking was taken by Australia ($X), with a X% share of total exports. It was followed by Indonesia, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (X% per year) and Indonesia (X% per year).

Export Prices by Country

The average refrigerating show-cases export price stood at $X per unit in 2023, dropping by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. The export price peaked at $X per unit in 2016; however, from 2017 to 2023, the export prices stood at a somewhat lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (X%), while the prices for the other major destinations experienced more modest paces of growth.

Refrigerating Show-Cases Imports

Imports into China

In 2023, refrigerating show-cases imports into China reduced rapidly to X units, with a decrease of X% compared with 2022. In general, total imports indicated a perceptible increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Imports peaked at X units in 2022, and then dropped remarkably in the following year.

In value terms, refrigerating show-cases imports shrank notably to $X in 2023. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by X%. As a result, imports reached the peak of $X. From 2018 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

Austria (X units), Italy (X units) and Germany (X units) were the main suppliers of refrigerating show-cases imports to China, together comprising X% of total imports. Japan, Thailand, Denmark, the United States, France, Hungary, Slovenia, Singapore, Taiwan (Chinese) and Malaysia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Slovenia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), Japan ($X) and Italy ($X) constituted the largest refrigerating show-cases suppliers to China, with a combined X% share of total imports. The United States, Germany, France, Taiwan (Chinese), Slovenia, Denmark, Thailand, Hungary, Malaysia and Singapore lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Slovenia, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average refrigerating show-cases import price stood at $X per unit in 2023, jumping by X% against the previous year. Over the period under review, the import price, however, saw a noticeable decrease. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Slovenia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform