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Japan - Refrigerators And Freezers - Market Analysis, Forecast, Size, Trends and Insights
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Japan: Refrigerator And Freezer Market Overview 2021

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Refrigerator And Freezer Market Size in Japan

In 2019, the Japanese refrigerator and freezer market increased by X% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Refrigerator and freezer consumption peaked at $X in 2011; however, from 2012 to 2019, consumption failed to regain the momentum.

Refrigerator And Freezer Production in Japan

In value terms, refrigerator and freezer production declined to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X, and then dropped in the following year.

Refrigerator And Freezer Exports

Exports from Japan

In 2019, overseas shipments of refrigerators and freezers decreased by -X% to X tonnes, falling for the second year in a row after two years of growth. In general, total exports indicated mild growth from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports decreased by -X% against 2017 indices. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Exports peaked at X tonnes in 2017; however, from 2018 to 2019, exports remained at a lower figure.

In value terms, refrigerator and freezer exports reduced to $X in 2019. Overall, total exports indicated buoyant growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2017 indices. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Exports peaked at $X in 2018, and then contracted in the following year.

Exports by Country

Taiwan (Chinese) (X tonnes), China (X tonnes) and Viet Nam (X tonnes) were the main destinations of refrigerator and freezer exports from Japan, with a combined X% share of total exports. These countries were followed by Cambodia, the U.S., Australia and Hong Kong SAR, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cambodia (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for refrigerator and freezer exported from Japan were Taiwan (Chinese) ($X), China ($X) and the U.S. ($X), with a combined X% share of total exports. These countries were followed by Hong Kong SAR, Australia, Viet Nam and Cambodia, which together accounted for a further X (+X% per year) saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average refrigerator and freezer export price stood at $X per tonne in 2019, which is down by -X% against the previous year. Over the period under review, export price indicated noticeable growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, refrigerator and freezer export price increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% y-o-y. As a result, export price attained the peak level of $X per tonne, and then reduced slightly in the following year.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was the U.S. ($X per tonne), while the average price for exports to Cambodia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the U.S., while the prices for the other major destinations experienced more modest paces of growth.

Refrigerator And Freezer Imports

Imports into Japan

In 2019, purchases abroad of refrigerators and freezers increased by X% to X tonnes, rising for the second consecutive year after three years of decline. Over the period under review, imports, however, saw a perceptible reduction. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. As a result, imports attained the peak of X tonnes. From 2012 to 2019, the growth imports remained at a lower figure.

In value terms, refrigerator and freezer imports soared to $X in 2019. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Over the period under review, imports attained the maximum at $X in 2011; however, from 2012 to 2019, imports failed to regain the momentum.

Imports by Country

China (X tonnes), Thailand (X tonnes) and Indonesia (X tonnes) were the main suppliers of refrigerator and freezer imports to Japan, with a combined X% share of total imports.

From 2007 to 2019, the biggest increases were in Indonesia, while purchases for the other leaders experienced a decline.

In value terms, the largest refrigerator and freezer suppliers to Japan were China ($X), Thailand ($X) and Indonesia ($X), with a combined X% share of total imports.

In terms of the main suppliers, Indonesia recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2019, the average refrigerator and freezer import price amounted to $X per tonne, surging by X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 an increase of X% against the previous year. The import price peaked at $X per tonne in 2017; however, from 2018 to 2019, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2019, the country with the highest price was Thailand ($X per tonne), while the price for Indonesia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for refrigerators and freezers in the world?
+
China (122K tonnes) constituted the country with the largest volume of refrigerator and freezer consumption, accounting for 35% of total volume. Moreover, refrigerator and freezer consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (37K tonnes), threefold. The third position in this ranking was occupied by India (23K tonnes), with a 6.7% share.
What are the largest producers of refrigerators and freezers in the world?
+
China (160K tonnes) remains the largest refrigerator and freezer producing country worldwide, comprising approx. 46% of total volume. Moreover, refrigerator and freezer production in China exceeded the figures recorded by the second-largest producer, India (23K tonnes), sevenfold. Mexico (21K tonnes) ranked third in terms of total production with a 6% share.
What are the leading suppliers of refrigerators and freezers to Japan?
+
In value terms, China ($527M), Thailand ($322M) and Indonesia ($30M) were the largest refrigerator and freezer suppliers to Japan, with a combined 99% share of total imports.
What are the leading importers of refrigerators and freezers from Japan?
+
In value terms, Taiwan (Chinese) ($59M), China ($34M) and the U.S. ($24M) appeared to be the largest markets for refrigerator and freezer exported from Japan worldwide, together accounting for 69% of total exports. Hong Kong SAR, Australia, Viet Nam and Cambodia lagged somewhat behind, together comprising a further 13%.
What is the average export price for refrigerators and freezers in Japan?
+
The average refrigerator and freezer export price stood at $363,294 per tonne in 2019, dropping by -3.8% against the previous year.
What is the average import price for refrigerators and freezers in Japan?
+
The average refrigerator and freezer import price stood at $280,345 per tonne in 2019, with an increase of 2.8% against the previous year.

Product coverage:
• Prodcom 27511110 - Combined refrigerators-freezers, with separate external doors
• Prodcom 27511133 - Household-type refrigerators (including compression-type, e lectrical absorption-type) (excluding built-in)
• Prodcom 27511135 - Compression-type built-in refrigerators
• Prodcom 27511150 - Chest freezers of a capacity . .800 litres
• Prodcom 27511170 - Upright freezers of a capacity . .900 litres

This report provides an in-depth analysis of the refrigerator and freezer market in Japan. 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 2025.


Country coverage:
• Japan

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Japan
• 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
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 PRODUCTS

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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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