Eastern Asia: Household Refrigerator Market 2020

Household Refrigerator Market Size in Eastern Asia

The revenue of the household refrigerator market in Eastern Asia amounted to $X in 2017, reducing by -X% against the previous year. The household refrigerator consumption continues to indicate an abrupt curtailment. The growth pace was the most rapid in 2013, with an increase of X% year-to-year. Over the period under review, the household refrigerator market attained its peak figure level of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Household Refrigerator Production in Eastern Asia

In 2017, the amount of household-type refrigerators produced in Eastern Asia stood at X units, lowering by -X% against the previous year. The household refrigerator production continues to indicate a deep contraction. The growth pace was the most rapid in 2013, with an increase of X% against the previous year. Over the period under review, the household refrigerator production attained its peak figure volume of X units in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Household Refrigerator Exports in Eastern Asia

The exports totaled X units in 2017, coming up by X% against the previous year. The total exports indicated a strong increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the household refrigerator exports increased by +X% against 2009 indices. The pace of growth appeared the most rapid in 2011, when exports increased by X% against the previous year. Over the period under review, the household refrigerator exports reached its maximum volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, household refrigerator exports stood at $X in 2017. The total export value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. Over the period under review, the household refrigerator exports attained its peak figure level in 2017, and are likely to see steady growth in the near future.

Household Refrigerator Exports by Country in Eastern Asia

China dominates household refrigerator exports structure, finishing at X units, which was near X% of total exports in 2017. Japan (X units) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to household refrigerator exports from China stood at +X%. At the same time, Japan (+X%) displayed positive paces of growth. Moreover, Japan emerged as the fastest growing exporter in Eastern Asia, with a CAGR of +X% from 2007-2017. Japan (-X%) and China (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest household refrigerator supplier in Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by Japan ($X), with a X% share of global exports.

From 2007 to 2017, the average annual rate of growth in terms of value in China amounted to +X%.

Household Refrigerator Export Prices by Country in Eastern Asia

The household refrigerator export price in Eastern Asia stood at $X per unit in 2017, going up by X% against the previous year. The household refrigerator export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017, when the export prices increased by X% y-o-y. The level of export price peaked of $X per unit in 2010; however, from 2011 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Japan ($X per unit), while China ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Japan (-X% per year).

Household Refrigerator Imports in Eastern Asia

In 2017, the amount of household-type refrigerators imported in Eastern Asia stood at X units, reducing by -X% against the previous year. The household refrigerator imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when it surged by X% y-o-y. Over the period under review, the household refrigerator imports attained its maximum volume of X units in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, household refrigerator imports amounted to $X in 2017. The household refrigerator imports continue to indicate a relatively flat trend pattern. Over the period under review, the household refrigerator imports reached its maximum level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Household Refrigerator Imports by Country in Eastern Asia

In 2017, Japan (X units) represented the main importer for household-type refrigerators, generating X% of total imports. Taiwan, Chinese (X units) took a X% share (based on tons) of total imports, which put it in second place, followed by South Korea (X%). The following importers - China (X units) and China, Hong Kong SAR (X units) each amounted to a X% share of total imports.

Imports into Japan decreased at an average annual rate of -X% from 2007 to 2017. At the same time, China (+X%), Taiwan, Chinese (+X%) and South Korea (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest growing importer in Eastern Asia, with a CAGR of +X% from 2007-2017. By contrast, China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of Japan (X%) increased significantly in terms of the global imports from 2007-2017, the share of South Korea (-X%), China (-X%) and Taiwan, Chinese (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported household-type refrigerators in Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by Taiwan, Chinese ($X), with a X% share of global imports. It was followed by South Korea, with a X% share.

In Japan, household refrigerator imports shrank by an average annual rate of -X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Taiwan, Chinese (+X% per year) and South Korea (+X% per year).

Household Refrigerator Import Prices by Country in Eastern Asia

The household refrigerator import price in Eastern Asia stood at $X per unit in 2017, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2014, when it surged by X% y-o-y. The level of import price peaked of $X per unit in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in China, Hong Kong SAR ($X per unit) and South Korea ($X per unit), while China ($X per unit) and Japan ($X per unit) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by South Korea (+X% per year), while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform