MERCOSUR: Refrigerator Or Freezer Market 2024

Refrigerator Or Freezer Market Size in MERCOSUR

The MERCOSUR refrigerator or freezer market soared to $X in 2022, jumping by X% against the previous year. Overall, consumption recorded a mild increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Refrigerator Or Freezer Production in MERCOSUR

In value terms, refrigerator or freezer production dropped to $X in 2022 estimated in export price. Overall, production continues to indicate a dramatic decrease. The pace of growth appeared the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Refrigerator Or Freezer Exports

Exports in MERCOSUR

In 2022, after two years of growth, there was significant decline in overseas shipments of furniture designed to receive refrigerating or freezing equipment, when their volume decreased by X% to X units. Overall, exports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, refrigerator or freezer exports fell dramatically to $X in 2022. In general, exports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Brazil represented the major exporter of furniture designed to receive refrigerating or freezing equipment in MERCOSUR, with the volume of exports reaching X units, which was near X% of total exports in 2022. It was distantly followed by Argentina (X units), making up an X% share of total exports. The following exporters - Chile (X units) and Uruguay (X units) - each finished at a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to refrigerator or freezer exports from Brazil stood at X%. At the same time, Uruguay (X%) displayed positive paces of growth. Moreover, Uruguay emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, Argentina (X%) and Chile (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Brazil and Uruguay increased by X and X percentage points, respectively.

In value terms, Brazil ($X) remains the largest refrigerator or freezer supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Argentina ($X), with a X% share of total exports. It was followed by Chile, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Brazil stood at X%. In the other countries, the average annual rates were as follows: Argentina (X% per year) and Chile (X% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Chile ($X per unit), while Uruguay ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (X%), while the other leaders experienced a decline in the export price figures.

Refrigerator Or Freezer Imports

Imports in MERCOSUR

In 2022, overseas purchases of furniture designed to receive refrigerating or freezing equipment increased by X% to X units, rising for the second consecutive year after two years of decline. Overall, imports continue to indicate a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, refrigerator or freezer imports surged to $X in 2022. Over the period under review, imports saw buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Argentina (X units) and Colombia (X units) represented roughly X% of total imports in 2022. Ecuador (X units) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Chile (X%). Paraguay (X units), Uruguay (X units) and Venezuela (X units) held a little share of total imports.

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

In value terms, the largest refrigerator or freezer importing markets in MERCOSUR were Ecuador ($X), Colombia ($X) and Argentina ($X), together comprising X% of total imports.

Among the main importing countries, Colombia, with a CAGR of X%, saw 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

In 2022, the import price in MERCOSUR amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. Over the period under review, import prices reached the peak figure at $X per unit in 2012; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Ecuador ($X per unit), while Argentina ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform