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

Refrigerator And Freezer Market Size in the Czech Republic

In 2019, the Czech refrigerator and freezer market increased by X% to $X, rising for the second year in a row after four years of decline. The market value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2011 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2019, consumption stood at a somewhat lower figure.

Refrigerator And Freezer Production in the Czech Republic

In value terms, refrigerator and freezer production fell to $X in 2019 estimated in export prices. Overall, production, however, saw a deep downturn. The pace of growth was the most pronounced in 2011 when the production volume increased by X% against the previous year. Refrigerator and freezer production peaked at $X in 2007; however, from 2008 to 2019, production stood at a somewhat lower figure.

Refrigerator And Freezer Exports

Exports from the Czech Republic

In 2019, refrigerator and freezer exports from the Czech Republic contracted to X tonnes, reducing by -X% against the previous year's figure. Over the period under review, exports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

In value terms, refrigerator and freezer exports shrank significantly to $X in 2019. Overall, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when exports increased by X% year-to-year. Exports peaked at $X in 2007; however, from 2008 to 2019, exports remained at a lower figure.

Exports by Country

Slovakia (X tonnes) was the main destination for refrigerator and freezer exports from the Czech Republic, with a X% share of total exports. It was followed by Germany (X tonnes), with a X% share of total exports. Hungary (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to Slovakia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-X% per year) and Hungary (-X% per year).

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

From 2007 to 2019, the average annual rate of growth in terms of value to Slovakia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+X% per year) and Germany (-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. In general, the export price recorded a noticeable contraction. The pace of growth appeared the most rapid in 2013 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2008; however, from 2009 to 2019, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Austria ($X per tonne), while the average price for exports to Slovakia ($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 Austria, while the prices for the other major destinations experienced mixed trend patterns.

Refrigerator And Freezer Imports

Imports into the Czech Republic

Refrigerator and freezer imports into the Czech Republic expanded slightly to X tonnes in 2019, growing by X% on the previous year. The total import volume increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. Imports peaked in 2019 and are expected to retain growth in the near future.

In value terms, refrigerator and freezer imports reduced to $X in 2019. The total import value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then shrank slightly in the following year.

Imports by Country

China (X tonnes), Poland (X tonnes) and Hungary (X tonnes) were the main suppliers of refrigerator and freezer imports to the Czech Republic, with a combined X% share of total imports. Turkey, Serbia, Romania, Slovakia and Italy lagged somewhat behind, together accounting for a further X 2007 to 2019, the biggest increases were in Serbia (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Poland ($X) and Turkey ($X) appeared to be the largest refrigerator and freezer suppliers to the Czech Republic, with a combined X% share of total imports. These countries were followed by Hungary, Italy, Serbia, Romania and Slovakia, which together accounted for a further X the main suppliers, Serbia (+X% per year) 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

In 2019, the average refrigerator and freezer import price amounted to $X per tonne, falling by -X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the average import price increased by X% year-to-year. Over the period under review, average import prices attained the peak figure at $X per tonne in 2009; however, from 2010 to 2019, import prices remained at a lower figure.

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

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

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for refrigerators and freezers in the world?
+
The country with the largest volume of refrigerator and freezer consumption was China (122K tonnes), 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?
+
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 the Czech Republic?
+
In value terms, the largest refrigerator and freezer suppliers to the Czech Republic were China ($40M), Poland ($30M) and Turkey ($18M), with a combined 52% share of total imports. Hungary, Italy, Serbia, Romania and Slovakia lagged somewhat behind, together accounting for a further 29%.
What are the leading importers of refrigerators and freezers from the Czech Republic?
+
In value terms, Slovakia ($18M) remains the key foreign market for refrigerator and freezer exports from the Czech Republic, comprising 78% of total exports. The second position in the ranking was occupied by Austria ($1.4M), with a 5.9% share of total exports. It was followed by Germany, with a 3.7% share.
What is the average export price for refrigerators and freezers in the Czech Republic?
+
In 2019, the average refrigerator and freezer export price amounted to $188,796 per tonne, shrinking by -22.6% against the previous year.
What is the average import price for refrigerators and freezers in the Czech Republic?
+
The average refrigerator and freezer import price stood at $228,427 per tonne in 2019, which is down by -4% 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 the Czech Republic. 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:
• Czech Republic

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