France: Refrigerator Compressor Market 2024

Refrigerator Compressor Market Size in France

The French refrigerator compressor market contracted to $X in 2022, dropping by X% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Refrigerator Compressor Production in France

In value terms, refrigerator compressor production dropped rapidly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2021 when the production volume increased by X% against the previous year. Refrigerator compressor production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Refrigerator Compressor Exports

Exports from France

In 2022, approx. X units of compressors for refrigeration equipment were exported from France; waning by X% on the year before. In general, exports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, refrigerator compressor exports shrank remarkably to $X in 2022. Over the period under review, exports showed a perceptible contraction. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Italy (X units), Germany (X units) and Belgium (X units) were the main destinations of refrigerator compressor exports from France, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for refrigerator compressor exported from France were Germany ($X), Italy ($X) and Spain ($X), with a combined X% share of total exports. Turkey, Belgium, China, Brazil, Sweden, South Korea, Poland, the UK, Russia and Romania lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Poland, 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

In 2022, the average refrigerator compressor export price amounted to $X per unit, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 when the average export price increased by X%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per unit), while the average price for exports to Romania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%), while the prices for the other major destinations experienced more modest paces of growth.

Refrigerator Compressor Imports

Imports into France

In 2022, overseas purchases of compressors for refrigeration equipment increased by X% to X units, rising for the second consecutive year after two years of decline. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X%. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, refrigerator compressor imports contracted modestly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then fell in the following year.

Imports by Country

Germany (X units), China (X units) and Brazil (X units) were the main suppliers of refrigerator compressor imports to France, with a combined X% share of total imports. Italy, the Czech Republic, India, Japan and the United States lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest refrigerator compressor suppliers to France were China ($X), Germany ($X) and Italy ($X), together comprising X% of total imports. The United States, India, the Czech Republic, Brazil and Japan lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, India, with a CAGR of X%, recorded the highest rates of growth with regard to 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 2022, the average refrigerator compressor import price amounted to $X per unit, waning by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2020 an increase of X%. The import price peaked at $X per unit in 2021, and then contracted in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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