Report India - Combined Refrigerators-Freezers - Market Analysis, Forecast, Size, Trends and Insights for 499$
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India - Combined Refrigerators-Freezers - Market Analysis, Forecast, Size, Trends and Insights
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India: Combined Refrigerator-Freezer Market 2022

Combined Refrigerator-Freezer Market Size in India

In 2021, the Indian combined refrigerator-freezer market was finally on the rise to reach $X after two years of decline. In general, consumption, however, recorded a deep reduction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Combined Refrigerator-Freezer Production in India

In value terms, combined refrigerator-freezer production rose slightly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a deep downturn. The growth pace was the most rapid in 2015 when the production volume increased by 4.2% against the previous year. Combined refrigerator-freezer production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Combined Refrigerator-Freezer Exports

Exports from India

Combined refrigerator-freezer exports from India skyrocketed to X units in 2021, rising by 82% compared with 2020. Overall, exports recorded a buoyant expansion. The pace of growth appeared the most rapid in 2016 with an increase of 91% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to continue growth in years to come.

In value terms, combined refrigerator-freezer exports soared to $X in 2021. Over the period under review, exports continue to indicate a temperate expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 71% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Nepal (X units), Sri Lanka (X units) and Morocco (X units) were the main destinations of combined refrigerator-freezer exports from India, with a combined 69% share of total exports.

From 2012 to 2021, the biggest increases were in Nepal (with a CAGR of +34.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Sri Lanka ($X), Nepal ($X) and Morocco ($X) were the largest markets for combined refrigerator-freezer exported from India worldwide, together accounting for 51% of total exports.

Among the main countries of destination, Nepal, with a CAGR of +27.1%, saw 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 average combined refrigerator-freezer export price stood at $X per unit in 2021, which is down by -20.1% against the previous year. Over the period under review, the export price saw a pronounced curtailment. The pace of growth was the most pronounced in 2014 an increase of 19%. The export price peaked at $X per unit in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to Nepal ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.

Combined Refrigerator-Freezer Imports

Imports into India

Combined refrigerator-freezer imports into India skyrocketed to X units in 2021, increasing by 34% against the previous year's figure. Over the period under review, imports showed resilient growth. The pace of growth appeared the most rapid in 2017 when imports increased by 77% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, combined refrigerator-freezer imports soared to $X in 2021. Overall, imports enjoyed a prominent expansion. The growth pace was the most rapid in 2017 when imports increased by 98% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Thailand (X units), China (X units) and Turkey (X units) were the main suppliers of combined refrigerator-freezer imports to India, with a combined 90% share of total imports. These countries were followed by South Korea and Indonesia, which together accounted for a further 9.1%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Indonesia (with a CAGR of +200.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), China ($X) and South Korea ($X) were the largest combined refrigerator-freezer suppliers to India, with a combined 90% share of total imports. These countries were followed by Turkey and Indonesia, which together accounted for a further 7.9%.

In terms of the main suppliers, Indonesia, with a CAGR of +191.5%, 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

The average combined refrigerator-freezer import price stood at $X per unit in 2021, growing by 21% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $X per unit in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was South Korea ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for combined refrigerators-freezers in the world?
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The countries with the highest volumes of consumption in 2021 were China, the United States and Japan, with a combined 43% share of global consumption. These countries were followed by Thailand, India, Indonesia, Brazil, Germany, South Korea, Russia, Vietnam, the UK and Mexico, which together accounted for a further 32%.
What are the largest producers of combined refrigerators-freezers in the world?
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China remains the largest combined refrigerator-freezer producing country worldwide, accounting for 39% of total volume. Moreover, combined refrigerator-freezer production in China exceeded the figures recorded by the second-largest producer, Thailand, fivefold. Mexico ranked third in terms of total production with a 6.7% share.
What are the leading suppliers of combined refrigerators-freezers to India?
+
In value terms, Thailand, China and South Korea were the largest combined refrigerator-freezer suppliers to India, together comprising 90% of total imports. These countries were followed by Turkey and Indonesia, which together accounted for a further 7.9%.
What are the leading importers of combined refrigerators-freezers from India?
+
In value terms, Sri Lanka, Nepal and Morocco appeared to be the largest markets for combined refrigerator-freezer exported from India worldwide, with a combined 51% share of total exports.
What is the average export price for combined refrigerators-freezers in India?
+
The average combined refrigerator-freezer export price stood at $185 per unit in 2021, shrinking by -20.1% against the previous year.
What is the average import price for combined refrigerators-freezers in India?
+
The average combined refrigerator-freezer import price stood at $429 per unit in 2021, with an increase of 21% against the previous year.

This report provides an in-depth analysis of the combined refrigerator-freezer market in India. 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 27511110 - Combined refrigerators-freezers, with separate external doors
Country coverage:
• India

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in India
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2007-2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2021
Figure 5:
Trade Balance, In Physical Terms, 2007-2021
Figure 6:
Trade Balance, In Value Terms, 2007-2021
Figure 7:
Per Capita Consumption, 2007-2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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