Eastern Europe: Refrigerating Show-Cases Market 2024

Refrigerating Show-Cases Market Size in Eastern Europe

In 2023, the East European refrigerating show-cases market decreased by X% to $X, falling for the second consecutive year after three years of growth. 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. The level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Refrigerating Show-Cases Production in Eastern Europe

In value terms, refrigerating show-cases production totaled $X in 2023 estimated in export price. The total production indicated a temperate expansion from 2012 to 2023: its value 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. Based on 2023 figures, production decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2017 with an increase of X%. The level of production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Refrigerating Show-Cases Exports

Exports in Eastern Europe

In 2023, after two years of growth, there was decline in shipments abroad of refrigerating or freezing display counters, cabinets, show-cases, when their volume decreased by X% to X units. In general, exports, however, enjoyed strong growth. The growth pace was the most rapid in 2017 with an increase of X%. The volume of export peaked at X units in 2022, and then fell slightly in the following year.

In value terms, refrigerating show-cases exports declined slightly to $X in 2023. Total exports indicated a moderate 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, exports decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2017 with an increase of X%. The level of export peaked at $X in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

Exports by Country

Russia represented the major exporting country with an export of about X units, which amounted to X% of total exports. It was distantly followed by Romania (X units), the Czech Republic (X units), Hungary (X units) and Poland (X units), together constituting a X% share of total exports. The following exporters - Lithuania (X units) and Ukraine (X units) - each finished at a X% share of total exports.

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

In value terms, the Czech Republic ($X), Poland ($X) and Russia ($X) were the countries with the highest levels of exports in 2023, together accounting for X% of total exports.

Among the main exporting countries, Russia, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2023, shrinking by X% against the previous year. Over the period under review, the export price saw a pronounced contraction. The growth pace was the most rapid in 2018 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while Russia ($X per unit) was amongst the lowest.

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

Refrigerating Show-Cases Imports

Imports in Eastern Europe

In 2023, the amount of refrigerating or freezing display counters, cabinets, show-cases imported in Eastern Europe dropped sharply to X units, waning by X% compared with the previous year. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2022 to 2023, the growth of imports remained at a lower figure.

In value terms, refrigerating show-cases imports reduced sharply to $X in 2023. Overall, imports continue to indicate a mild decline. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

Poland (X units), the Czech Republic (X units) and Romania (X units) represented roughly X% of total imports in 2023. It was distantly followed by Russia (X units), Bulgaria (X units), Hungary (X units), Slovakia (X units) and Ukraine (X units), together comprising a X% share of total imports.

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

In value terms, the largest refrigerating show-cases importing markets in Eastern Europe were Poland ($X), Romania ($X) and the Czech Republic ($X), with a combined X% share of total imports. Russia, Hungary, Bulgaria, Ukraine and Slovakia lagged somewhat behind, together comprising a further X%.

Hungary, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Eastern Europe amounted to $X per unit, growing by X% against the previous year. Over the period under review, the import price, however, showed a slight decline. The growth pace was the most rapid in 2017 an increase of X% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Romania ($X per unit), while the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform