Report Eastern Asia - Combined Refrigerators-Freezers - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jul 25, 2022

Eastern Asia - Combined Refrigerators-Freezers - Market Analysis, Forecast, Size, Trends and Insights
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Eastern Asia: Combined Refrigerator-Freezer Market 2022

Combined Refrigerator-Freezer Market Size in Eastern Asia

The East Asian combined refrigerator-freezer market shrank to $X in 2021, reducing by -X% against the previous year. Overall, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Combined Refrigerator-Freezer Production in Eastern Asia

In value terms, combined refrigerator-freezer production fell modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, production hit record highs at $X in 2020, and then dropped slightly in the following year.

Production By Country in Eastern Asia

China (X units) constituted the country with the largest volume of combined refrigerator-freezer production, accounting for X% of total volume. Moreover, combined refrigerator-freezer production in China exceeded the figures recorded by the second-largest producer, South Korea (X units), tenfold.

From 2012 to 2021, the average annual growth rate of volume in China stood at +X%. In the other countries, the average annual rates were as follows: South Korea (-X% per year) and Japan (+X% per year).

Combined Refrigerator-Freezer Exports

Exports in Eastern Asia

In 2021, the amount of combined refrigerators-freezers exported in Eastern Asia surged to X units, jumping by X% against 2020 figures. Total exports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2015 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, combined refrigerator-freezer exports surged to $X in 2021. Total exports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2014 indices. The pace of growth appeared the most rapid in 2020 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2021 and are likely to see steady growth in years to come.

Exports by Country

China represented the main exporting country with an export of about X units, which reached X% of total exports. It was distantly followed by South Korea (X units), committing a X% share of total exports.

China was also the fastest-growing in terms of the combined refrigerators-freezers exports, with a CAGR of +X% from 2012 to 2021. South Korea (-X%) illustrated a downward trend over the same period. percentage points. South Korea (-X p.p.) saw their shares reduced.

In value terms, China ($X) remains the largest combined refrigerator-freezer supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was held by South Korea ($X), with a X% share of total exports.

In China, combined refrigerator-freezer exports increased at an average annual rate of +X% over the period from 2012-2021.

Export Prices by Country

The export price in Eastern Asia stood at $X per unit in 2021, waning by -X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit, and then reduced in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was South Korea ($X per unit), while China stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+X%).

Combined Refrigerator-Freezer Imports

Imports in Eastern Asia

After two years of growth, overseas purchases of combined refrigerators-freezers decreased by -X% to X units in 2021. Total imports indicated a notable increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2015 indices. The growth pace was the most rapid in 2019 when imports increased by X%. The volume of import peaked at X units in 2020, and then dropped in the following year.

In value terms, combined refrigerator-freezer imports rose modestly to $X in 2021. The total import value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2019 when imports increased by X%. The level of import peaked in 2021 and is expected to retain growth in years to come.

Imports by Country

Japan represented the major importing country with an import of around X units, which resulted at X% of total imports. South Korea (X units) held the second position in the ranking, distantly followed by China (X units) and Hong Kong SAR (X units). All these countries together held near X% share of total imports.

Imports into Japan increased at an average annual rate of +X% from 2012 to 2021. At the same time, South Korea (+X%) and China (+X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +X% from 2012-2021. By contrast, Hong Kong SAR (-X%) illustrated a downward trend over the same period. South Korea (+X p.p.) and China (+X p.p.) significantly strengthened its position in terms of the total imports, while Hong Kong SAR and Japan saw its share reduced by -X% and -X% from 2012 to 2021, respectively.

In value terms, Japan ($X) constitutes the largest market for imported combined refrigerators-freezers in Eastern Asia, comprising X% of total imports. The second position in the ranking was held by South Korea ($X), with a X% share of total imports. It was followed by China, with a X% share.

In Japan, combined refrigerator-freezer imports increased at an average annual rate of +X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: South Korea (+X% per year) and China (+X% per year).

Import Prices by Country

In 2021, the import price in Eastern Asia amounted to $X per unit, growing by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. Over the period under review, import prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Japan ($X per unit) and Hong Kong SAR ($X per unit), while South Korea ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for combined refrigerators-freezers in Eastern Asia?
+
China constituted the country with the largest volume of combined refrigerator-freezer consumption, comprising approx. 73% of total volume. Moreover, combined refrigerator-freezer consumption in China exceeded the figures recorded by the second-largest consumer, Japan, fivefold. South Korea ranked third in terms of total consumption with a 6.7% share.
What are the largest producers of combined refrigerators-freezers in Eastern Asia?
+
China remains the largest combined refrigerator-freezer producing country in Eastern Asia, accounting for 82% of total volume. Moreover, combined refrigerator-freezer production in China exceeded the figures recorded by the second-largest producer, South Korea, tenfold.
What are the leading suppliers of combined refrigerators-freezers in Eastern Asia?
+
In value terms, China remains the largest combined refrigerator-freezer supplier in Eastern Asia, comprising 76% of total exports. The second position in the ranking was held by South Korea, with a 22% share of total exports.
What are the leading importers of combined refrigerators-freezers in Eastern Asia?
+
In value terms, Japan constitutes the largest market for imported combined refrigerators-freezers in Eastern Asia, comprising 59% of total imports. The second position in the ranking was held by South Korea, with a 23% share of total imports. It was followed by China, with a 12% share.
What is the average export price for combined refrigerators-freezers in Eastern Asia?
+
The export price in Eastern Asia stood at $263 per unit in 2021, reducing by -5.1% against the previous year.
What is the average import price for combined refrigerators-freezers in Eastern Asia?
+
The import price in Eastern Asia stood at $339 per unit in 2021, picking up by 6.4% against the previous year.

This report provides an in-depth analysis of the combined refrigerator-freezer market in Eastern Asia. 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 2030.


Product coverage:
• Prodcom 27511110 - Combined refrigerators-freezers, with separate external doors
Country coverage:
• Democratic People's Republic of Korea
• Macao SAR
• Taiwan (Chinese)

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Eastern Asia, split by region and country
• Trade (exports and imports) in Eastern Asia
• 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

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
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
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2021
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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• China
• Hong Kong SAR
• Macao SAR
• Japan
• South Korea
• Taiwan (Chinese)
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Physical Terms, By Country, 2012–2021
Table 7:
Imports, In Value Terms, By Country, 2012–2021
Table 8:
Import Prices, By Country Of Destination, 2012–2021
Table 9:
Exports, In Physical Terms, By Country, 2012–2021
Table 10:
Exports, In Value Terms, By Country, 2012–2021
Table 11:
Export Prices, By Country Of Origin, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2021
Figure 17:
Production, In Value Terms, 2012–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2012–2021
Figure 20:
Imports, In Physical Terms, 2012–2021
Figure 21:
Imports, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2012–2021
Figure 24:
Imports, In Value Terms, By Country, 2012–2021
Figure 25:
Import Prices, By Country, 2012–2021
Figure 26:
Exports, In Physical Terms, 2012–2021
Figure 27:
Exports, In Value Terms, 2012–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2012–2021
Figure 30:
Exports, In Value Terms, By Country, 2012–2021
Figure 31:
Export Prices, 2012–2021
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