Israel: Combined Refrigerator-Freezer Market 2024

Combined Refrigerator-Freezer Market Size in Israel

The Israeli combined refrigerator-freezer market shrank significantly to $X in 2022, which is down by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a pronounced reduction. As a result, consumption attained the peak level of $X, and then contracted sharply in the following year.

Combined Refrigerator-Freezer Exports

Exports from Israel

In 2022, shipments abroad of combined refrigerators-freezers decreased by X% to X units, falling for the third consecutive year after two years of growth. In general, exports showed a abrupt downturn. The growth pace was the most rapid in 2014 with an increase of X%. The exports peaked at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, combined refrigerator-freezer exports fell notably to $X in 2022. Over the period under review, exports faced a drastic downturn. The pace of growth was the most pronounced in 2014 when exports increased by X%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Singapore (X units), Myanmar (X units) and Argentina (X units) were the main destinations of combined refrigerator-freezer exports from Israel, with a combined X% share of total exports. Cyprus, the United States, Germany and Switzerland lagged somewhat behind, together accounting for a further X%.

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

In value terms, Singapore ($X), Myanmar ($X) and Argentina ($X) were the largest markets for combined refrigerator-freezer exported from Israel worldwide, with a combined X% share of total exports. Cyprus, the United States, Germany and Switzerland lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Cyprus, 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 average combined refrigerator-freezer export price stood at $X per unit in 2022, waning by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Argentina ($X per unit) and Singapore ($X per unit), while the average price for exports to Switzerland ($X per unit) and Germany ($X per unit) were amongst the lowest.

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

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Combined Refrigerator-Freezer Imports

Imports into Israel

Combined refrigerator-freezer imports into Israel contracted markedly to X units in 2022, dropping by X% compared with 2021 figures. Over the period under review, imports continue to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X units, and then declined significantly in the following year.

In value terms, combined refrigerator-freezer imports dropped significantly to $X in 2022. Overall, imports recorded a pronounced slump. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then shrank dramatically in the following year.

Imports by Country

Singapore (X units), China (X units) and Jordan (X units) were the main suppliers of combined refrigerator-freezer imports to Israel, together accounting for X% of total imports. Turkey, the Netherlands, Japan, Italy and South Korea lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest combined refrigerator-freezer suppliers to Israel were Singapore ($X), China ($X) and Jordan ($X), with a combined X% share of total imports. Turkey, the Netherlands, Japan, Italy and South Korea lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Japan, with a CAGR of X%, saw the highest growth rate of 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 2022, rising by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2016 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Italy ($X per unit) and Japan ($X per unit), while the price for South Korea ($X per unit) and Jordan ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :