Italy: Refrigerator And Freezer Market 2024

Refrigerator And Freezer Market Size in Italy

The Italian refrigerator and freezer market dropped markedly to $X in 2022, waning by X% against the previous year. Over the period under review, consumption showed a abrupt decrease. Refrigerator and freezer consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Refrigerator And Freezer Production in Italy

In value terms, refrigerator and freezer production declined slightly to $X in 2022 estimated in export price. In general, production, however, showed a pronounced decline. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

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Refrigerator And Freezer Exports

Exports from Italy

Refrigerator and freezer exports from Italy declined to X units in 2022, falling by X% compared with 2021. Overall, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X units, and then fell in the following year.

In value terms, refrigerator and freezer exports fell to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then reduced in the following year.

Exports by Country

France (X units), Germany (X units) and the UK (X units) were the main destinations of refrigerator and freezer exports from Italy, together comprising X% of total exports. The Netherlands, Sweden, the United States, Poland, Switzerland, Spain, Belgium, Morocco, Portugal and Slovakia lagged somewhat behind, together comprising a further X%.

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

In value terms, France ($X), Germany ($X) and the United States ($X) were the largest markets for refrigerator and freezer exported from Italy worldwide, with a combined X% share of total exports.

Among the main countries of destination, the United States, 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 and freezer export price amounted to $X per unit, almost unchanged from the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X%. As a result, the export price reached the peak level of $X per unit, leveling off in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Morocco ($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 Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Refrigerator And Freezer Imports

Imports into Italy

After three years of growth, supplies from abroad of refrigerators and freezers decreased by X% to X units in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of X units, and then fell notably in the following year.

In value terms, refrigerator and freezer imports declined to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

China (X units), Romania (X units) and Turkey (X units) were the main suppliers of refrigerator and freezer imports to Italy, together accounting for X% of total imports. Poland, Germany, the Netherlands and Hungary lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest refrigerator and freezer suppliers to Italy were China ($X), Turkey ($X) and Poland ($X), together accounting for X% of total imports. Romania, Germany, the Netherlands and Hungary lagged somewhat behind, together comprising a further X%.

The Netherlands, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers 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 and freezer import price amounted to $X per unit, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Netherlands ($X per unit), while the price for Hungary ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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