EU: Household Refrigerator Market 2020

Household Refrigerator Market Size in the EU

The revenue of the household refrigerator market in the European Union amounted to $X in 2017, surging by X% against the previous year. The household refrigerator consumption continues to indicate a drastic decline. The pace of growth appeared the most rapid in 2013, with an increase of X% against the previous year. The level of household refrigerator consumption peaked of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Household Refrigerator Production in the EU

The household refrigerator production totaled X units in 2017, waning by -X% against the previous year. The household refrigerator production continues to indicate a deep reduction. The growth pace was the most rapid in 2013, when it surged by X% year-to-year. Over the period under review, the household refrigerator production attained its maximum volume of X units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Household Refrigerator Exports in the EU

In 2017, exports of household-type refrigerators in the European Union amounted to X units, falling by -X% against the previous year. The household refrigerator exports continue to indicate a deep decline. The growth pace was the most rapid in 2016, when exports increased by X% against the previous year. The volume of exports peaked of X units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, household refrigerator exports amounted to $X in 2017. The household refrigerator exports continue to indicate an abrupt decrease. The level of exports peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Household Refrigerator Exports by Country in the EU

In 2017, Germany (X units) was the largest exporter for household-type refrigerators, creating X% of total exports. Italy (X units) ranks second in terms of the global exports with a X% share, followed by Hungary (X%) and the Netherlands (X%). Bulgaria (X units), Spain (X units), Belgium (X units), Sweden (X units), Poland (X units), the UK (X units) and Denmark (X units) occupied the minor share of total exports.

Exports from Germany decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Bulgaria (+X%), Denmark (+X%), the Netherlands (+X%) and Hungary (+X%) displayed positive paces of growth. Moreover, Bulgaria emerged as the fastest growing exporter in the European Union, with a CAGR of +X% from 2007-2017. By contrast, Spain (-X%), Belgium (-X%), the UK (-X%), Sweden (-X%), Italy (-X%) and Poland (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Italy, Poland, Sweden, Germany and the UK increased by X%, X%, X%, X% and X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest household refrigerator markets worldwide were Germany ($X), Italy ($X) and Hungary ($X), together comprising X% of total exports. The Netherlands, Sweden, Bulgaria, Belgium, Spain, Denmark, Poland and the UK lagged somewhat behind, together accounting for a further X%.

Bulgaria (+X% per year) experienced the highest rates of growth with regard to exports, in terms of the main exporting countries over the last decade, while the other leaders experienced mixed trends in the exports figures.

Household Refrigerator Export Prices by Country in the EU

In 2017, the household refrigerator export price in the European Union amounted to $X per unit, jumping by X% against the previous year. The household refrigerator export price continues to indicate a mild reduction. The pace of growth appeared the most rapid in 2008, when the export prices increased by X% against the previous year. In that year, the export prices for household-type refrigerators reached their peak level of $X per unit. From 2009 to 2017, growth of the export prices for household-type refrigerators failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Sweden ($X per unit), while the UK ($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 Italy (+X% per year), while the other leaders experienced a decline in the export price figures.

Household Refrigerator Imports in the EU

In 2017, imports of household-type refrigerators in the European Union totaled X units, falling by -X% against the previous year. The household refrigerator imports continue to indicate a noticeable downturn. The growth pace was the most rapid in 2016, when imports increased by X% y-o-y. Over the period under review, the household refrigerator imports attained its maximum volume of X units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, household refrigerator imports totaled $X in 2017. The household refrigerator imports continue to indicate an abrupt setback. Over the period under review, the household refrigerator imports reached its maximum level of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Household Refrigerator Imports by Country in the EU

In 2017, the UK (X units), distantly followed by France (X units), Germany (X units), the Netherlands (X units), Italy (X units), Spain (X units), Sweden (X units) and Belgium (X units) represented the main importers of household-type refrigerators, together committing X% of total imports. The following importers - Poland (X units), Denmark (X units), the Czech Republic (X units) and Austria (X units) together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Sweden (+X% per year), while the other leaders experienced mixed trends in the imports figures.

In value terms, the largest household refrigerator markets worldwide were the UK ($X), France ($X) and Germany ($X), with a combined X% share of total imports. These countries were followed by Sweden, Italy, the Netherlands, Spain, Belgium, Denmark, Austria, Poland and the Czech Republic, which together accounted for a further X%.

Sweden (-X% per year) recorded the highest growth rate of imports, in terms of the main importing countries over the last decade, while the other leaders experienced a decline in the imports figures.

Household Refrigerator Import Prices by Country in the EU

The household refrigerator import price in the European Union stood at $X per unit in 2017, surging by X% against the previous year. The household refrigerator import price continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2017, an increase of X% against the previous year. The level of import price peaked of $X per unit in 2008; however, from 2009 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Sweden ($X per unit), while Poland ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform