Slovakia: Combined Refrigerator-Freezer Market 2024

Combined Refrigerator-Freezer Market Size in Slovakia

The Slovak combined refrigerator-freezer market contracted sharply to $X in 2022, with a decrease of X% against the previous year. In general, consumption faced a abrupt curtailment. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Combined Refrigerator-Freezer Production in Slovakia

In value terms, combined refrigerator-freezer production contracted to $X in 2022 estimated in export price. Over the period under review, production saw a pronounced descent. The pace of growth was the most pronounced in 2019 when the production volume increased by X%. Combined refrigerator-freezer production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

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Combined Refrigerator-Freezer Exports

Exports from Slovakia

In 2022, the amount of combined refrigerators-freezers exported from Slovakia surged to X units, with an increase of X% against the previous year. Over the period under review, exports showed strong growth. The pace of growth appeared the most rapid in 2016 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, combined refrigerator-freezer exports skyrocketed to $X in 2022. Overall, exports posted resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Czech Republic (X units), Hungary (X units) and Austria (X units) were the main destinations of combined refrigerator-freezer exports from Slovakia, with a combined X% share of total exports.

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

In value terms, the largest markets for combined refrigerator-freezer exported from Slovakia were the Czech Republic ($X), Hungary ($X) and Austria ($X), together comprising X% of total exports.

In terms of the main countries of destination, Hungary, 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

The average combined refrigerator-freezer export price stood at $X per unit in 2022, remaining constant against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per unit), while the average price for exports to Hungary ($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 the Czech Republic (X%), while the prices for the other major destinations experienced mixed trend patterns.

Combined Refrigerator-Freezer Imports

Imports into Slovakia

In 2022, approx. X units of combined refrigerators-freezers were imported into Slovakia; shrinking by X% against the previous year's figure. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by X%. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, combined refrigerator-freezer imports declined to $X in 2022. Over the period under review, total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2017 indices. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2021, and then contracted modestly in the following year.

Imports by Country

Poland (X units), the Czech Republic (X units) and Italy (X units) were the main suppliers of combined refrigerator-freezer imports to Slovakia, with a combined X% share of total imports.

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

In value terms, Poland ($X) constituted the largest supplier of combined refrigerators-freezers to Slovakia, comprising X% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Poland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and Italy (X% per year).

Import Prices by Country

In 2022, the average combined refrigerator-freezer import price amounted to $X per unit, growing by X% against the previous year. In general, the import price saw a remarkable increase. 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 Italy ($X per unit), while the price for Romania ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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