Latin America and the Caribbean: Household Refrigerator Market 2020

Household Refrigerator Market Size in Latin America and the Caribbean

The revenue of the household refrigerator market in Latin America and the Caribbean amounted to $X in 2017, dropping by -X% against the previous year. The household refrigerator consumption continues to indicate an abrupt reduction. The growth pace was the most rapid in 2010, with an increase of X% year-to-year. The level of household refrigerator consumption peaked of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Household Refrigerator Production in Latin America and the Caribbean

In 2017, the amount of household-type refrigerators produced in Latin America and the Caribbean amounted to X units, coming down by -X% against the previous year. The household refrigerator production continues to indicate an abrupt descent. The most prominent rate of growth was recorded in 2013, when it surged by X% y-o-y. Over the period under review, the household refrigerator production attained its maximum volume of X units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Household Refrigerator Exports in Latin America and the Caribbean

In 2017, approx. X units of household-type refrigerators were exported in Latin America and the Caribbean; coming down by -X% against the previous year. The household refrigerator exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2011, when it surged by X% y-o-y. The volume of exports peaked of X units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, household refrigerator exports stood at $X in 2017. The household refrigerator exports continue to indicate a deep reduction. The level of exports peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Household Refrigerator Exports by Country in Latin America and the Caribbean

Mexico prevails in household refrigerator exports structure, recording X units, which was approx. X% of total exports in 2017. Colombia (X units) occupied the second position in the ranking, followed by Panama (X units) and Brazil (X units). All these countries together took approx. X% share of total exports. Costa Rica (X units) took the slight share of total exports.

Exports from Mexico decreased at an average annual rate of -X% from 2007 to 2017. Panama (-X%), Colombia (-X%), Brazil (-X%) and Costa Rica (-X%) illustrated a downward trend over the same period. While the share of Mexico (X%), Costa Rica (X%), Colombia (X%), Brazil (X%) and Panama (X%) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest household refrigerator supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Colombia ($X), with a X% share of global exports. It was followed by Costa Rica, with a X% share.

In Mexico, household refrigerator exports contracted by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Colombia (-X% per year) and Costa Rica (-X% per year).

Household Refrigerator Export Prices by Country in Latin America and the Caribbean

The household refrigerator export price in Latin America and the Caribbean stood at $X per unit in 2017, dropping by -X% against the previous year. The household refrigerator export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when the export prices increased by X% y-o-y. Over the period under review, the export prices for household-type refrigerators attained its maximum level of $X per unit in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Mexico ($X per unit), while Colombia ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Costa Rica (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Household Refrigerator Imports in Latin America and the Caribbean

The imports totaled X units in 2017, surging by X% against the previous year. The household refrigerator imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when imports increased by X% against the previous year. Over the period under review, the household refrigerator imports attained its maximum volume of X units in 2008; however, from 2009 to 2017, it failed to regain its momentum.

In value terms, household refrigerator imports stood at $X in 2017. The household refrigerator imports continue to indicate a slight curtailment. In that year, the household refrigerator imports attained their peak level of $X. From 2009 to 2017, growth of the household refrigerator imports failed to regain its momentum.

Household Refrigerator Imports by Country in Latin America and the Caribbean

The imports of the ten major importers of household-type refrigerators, namely Mexico, Colombia, Honduras, Venezuela, Chile, the Dominican Republic, Peru, Nicaragua, Bolivia and Jamaica, represented more than two-thirds of total import. The following importers - Brazil (X units) and Panama (X units) each finished at a X% share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Colombia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest household refrigerator markets worldwide were Colombia ($X), Venezuela ($X) and Honduras ($X), together accounting for X% of total imports.

In terms of the main importing countries , Colombia (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Household Refrigerator Import Prices by Country in Latin America and the Caribbean

In 2017, the household refrigerator import price in Latin America and the Caribbean amounted to $X per unit, going down by -X% against the previous year. The household refrigerator import price continues to indicate a mild downturn. The growth pace was the most rapid in 2008, when the import prices increased by X% year-to-year. Over the period under review, the import prices for household-type refrigerators attained its maximum level of $X per unit in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Panama ($X per unit), while Mexico ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Panama (+X% per year), while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform