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Report World - Refrigerated Vessels (Ships) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

World - Refrigerated Vessels (Ships) - Market Analysis, Forecast, Size, Trends and Insights

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Global Refrigerated Vessel Market 2024

Refrigerated Vessel Market Size

The global refrigerated vessel market declined notably to $X in 2022, dropping by X% against the previous year. In general, consumption, however, faced a precipitous descent. Global consumption peaked at $X,319.3B in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Refrigerated Vessel Production

In value terms, refrigerated vessel production shrank significantly to $X in 2022 estimated in export price. In general, production, however, showed a precipitous curtailment. The pace of growth appeared the most rapid in 2016 when the production volume increased by X,889% against the previous year. As a result, production reached the peak level of $X,024.1B. From 2017 to 2022, global production growth remained at a somewhat lower figure.

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Refrigerated Vessel Exports

Exports

Global refrigerated vessel exports soared to X units in 2022, rising by X% against the previous year. Over the period under review, exports, however, faced a dramatic decline. The most prominent rate of growth was recorded in 2014 when exports increased by X,230% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the global exports failed to regain momentum.

In value terms, refrigerated vessel exports reduced dramatically to $X in 2022. In general, exports, however, recorded a deep reduction. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. The global exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The UK dominates exports structure, accounting for X units, which was near X% of total exports in 2022. Japan (X units) took a minor share of total exports.

The UK experienced a relatively flat trend pattern with regard to volume of exports of refrigerated vessels (ships). At the same time, Japan (X%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. While the share of the UK (X p.p.) and Japan (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) remains the largest refrigerated vessel supplier worldwide, comprising X% of global exports. The second position in the ranking was held by the UK ($X), with a X% share of global exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Japan totaled X%.

Export Prices by Country

The average refrigerated vessel export price stood at $X per unit in 2022, with a decrease of X% against the previous year. Over the period under review, the export price, however, recorded a significant increase. The growth pace was the most rapid in 2015 when the average export price increased by X,717%. As a result, the export price reached the peak level of $X,378 per unit. From 2016 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per unit), while the UK stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%).

Refrigerated Vessel Imports

Imports

In 2022, overseas purchases of refrigerated vessels (ships) decreased by X% to X units, falling for the second year in a row after two years of growth. In general, imports continue to indicate a precipitous setback. The growth pace was the most rapid in 2014 when imports increased by X%. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of global imports remained at a lower figure.

In value terms, refrigerated vessel imports fell rapidly to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X%. Global imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Panama represented the largest importer of refrigerated vessels (ships) in the world, with the volume of imports amounting to X units, which was approx. X% of total imports in 2022. South Korea (X units) took the second position in the ranking, followed by the Netherlands (X units). All these countries together took near X% share of total imports. Ireland (X units), Indonesia (X units), Bangladesh (X units), Papua New Guinea (X units), Italy (X units) and Norway (X units) took a relatively small share of total imports.

Imports into Panama increased at an average annual rate of X% from 2012 to 2022. At the same time, Ireland (X%), Papua New Guinea (X%), the Netherlands (X%), Bangladesh (X%), South Korea (X%), Norway (X%) and Indonesia (X%) displayed positive paces of growth. Moreover, Ireland emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. Italy experienced a relatively flat trend pattern. From 2012 to 2022, the share of Panama, South Korea, the Netherlands, Ireland, Indonesia, Bangladesh, Papua New Guinea, Italy and Norway increased by X, X, X, X, 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, Panama ($X) constitutes the largest market for imported refrigerated vessels (ships) worldwide, comprising X% of global imports. The second position in the ranking was held by Norway ($X), with a X% share of global imports. It was followed by South Korea, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Panama stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Norway (X% per year) and South Korea (X% per year).

Import Prices by Country

The average refrigerated vessel import price stood at $X per unit in 2022, jumping by X% against the previous year. In general, the import price enjoyed a significant increase. The pace of growth was the most pronounced in 2013 an increase of X%. Over the period under review, average import prices hit record highs at $X,516 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Norway ($X,816 per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Papua New Guinea (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of refrigerated vessel consumption was the Philippines, comprising approx. 100% of total volume.
The Philippines remains the largest refrigerated vessel producing country worldwide, comprising approx. 100% of total volume.
In value terms, Japan remains the largest refrigerated vessel supplier worldwide, comprising 51% of global exports. The second position in the ranking was taken by the UK, with a 0.7% share of global exports.
In value terms, Panama constitutes the largest market for imported refrigerated vessels ships) worldwide, comprising 49% of global imports. The second position in the ranking was taken by Norway, with a 6.4% share of global imports. It was followed by South Korea, with a 2.5% share.
In 2022, the average refrigerated vessel export price amounted to $15,552 per unit, reducing by -93.4% against the previous year.
In 2022, the average refrigerated vessel import price amounted to $940,829 per unit, increasing by 430% against the previous year.

This report provides an in-depth analysis of the global refrigerated vessel market. 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 30112300 - Refrigerated vessels, except tankers

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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