Poland: Combined Refrigerator-Freezer Market 2023

Combined Refrigerator-Freezer Market Size in Poland

In 2022, the Polish combined refrigerator-freezer market decreased by -24.6% to $X for the first time since 2017, thus ending a four-year rising trend. Overall, consumption showed a mild contraction. Over the period under review, the market attained the maximum level at $X in 2021, and then shrank notably in the following year.

Combined Refrigerator-Freezer Production in Poland

In value terms, combined refrigerator-freezer production reduced to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 43%. Over the period under review, production hit record highs at $X in 2021, and then fell in the following year.

Combined Refrigerator-Freezer Exports

Exports from Poland

In 2022, shipments abroad of combined refrigerators-freezers increased by 2.6% to X units, rising for the second consecutive year after two years of decline. In general, total exports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of +8.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +18.2% against 2020 indices. The most prominent rate of growth was recorded in 2013 when exports increased by 60%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, combined refrigerator-freezer exports expanded modestly to $X in 2022. Over the period under review, total exports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +9.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.5% against 2016 indices. The most prominent rate of growth was recorded in 2013 with an increase of 53%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Germany (X units), France (X units) and Italy (X units) were the main destinations of combined refrigerator-freezer exports from Poland, together comprising 40% of total exports. The UK, Spain, the Netherlands, Slovakia, Sweden, Ukraine, the Czech Republic, Portugal, Romania and Greece lagged somewhat behind, together accounting for a further 42%.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of +19.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for combined refrigerators-freezers exports from Poland, comprising 24% of total exports. The second position in the ranking was taken by France ($X), with an 11% share of total exports. It was followed by Italy, with an 8.9% share.

From 2012 to 2022, the average annual growth rate of value to Germany stood at +16.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+7.9% per year) and Italy (+8.4% per year).

Export Prices by Country

The average combined refrigerator-freezer export price stood at $X per unit in 2022, rising by 2.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2021 an increase of 12%. The export price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Ukraine ($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 Germany (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Combined Refrigerator-Freezer Imports

Imports into Poland

Combined refrigerator-freezer imports into Poland fell remarkably to X units in 2022, waning by -16.5% against 2021 figures. The total import volume increased at an average annual rate of +3.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 19% against the previous year. As a result, imports attained the peak of X units, and then fell dramatically in the following year.

In value terms, combined refrigerator-freezer imports fell remarkably to $X in 2022. Overall, total imports indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +9.0% against 2018 indices. The pace of growth appeared the most rapid in 2021 with an increase of 37% against the previous year. As a result, imports reached the peak of $X, and then dropped dramatically in the following year.

Imports by Country

In 2022, China (X units) constituted the largest combined refrigerator-freezer supplier to Poland, with a 45% share of total imports. Moreover, combined refrigerator-freezer imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), threefold. Romania (X units) ranked third in terms of total imports with a 17% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +11.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+6.8% per year) and Romania (+1.7% per year).

In value terms, China ($X) constituted the largest supplier of combined refrigerators-freezers to Poland, comprising 53% of total imports. The second position in the ranking was held by Romania ($X), with a 12% share of total imports. It was followed by Turkey, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +15.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (+4.6% per year) and Turkey (+3.9% per year).

Import Prices by Country

The average combined refrigerator-freezer import price stood at $X per unit in 2022, shrinking by -4.5% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The pace of growth was the most pronounced in 2021 an increase of 15% against the previous year. As a result, import price attained the peak level of $X per unit, and then dropped slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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