Global Non-Combined Refrigerator-Freezer Market 2024

Non-Combined Refrigerator-Freezer Market Size

The global non-combined refrigerator-freezer market reduced to $X in 2022, flattening at the previous year. In general, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the global market failed to regain momentum.

Non-Combined Refrigerator-Freezer Production

In value terms, non-combined refrigerator-freezer production reduced to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. Global production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Non-Combined Refrigerator-Freezer Exports

Exports

In 2022, after two years of growth, there was significant decline in shipments abroad of household refrigerators and freezers (not combined), when their volume decreased by X% to X units. In general, total exports indicated a measured increase from 2012 to 2022: its volume 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. The pace of growth was the most pronounced in 2018 with an increase of X%. The global exports peaked at X units in 2021, and then fell markedly in the following year.

In value terms, non-combined refrigerator-freezer exports reduced to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then contracted in the following year.

Exports by Country

China prevails in exports structure, finishing at X units, which was approx. X% of total exports in 2022. It was distantly followed by Thailand (X units) and Turkey (X units), together comprising a X% share of total exports. Germany (X units), Italy (X units) and the Netherlands (X units) took a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to non-combined refrigerator-freezer exports from China stood at X%. At the same time, the Netherlands (X%) and Thailand (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. By contrast, Turkey (X%), Italy (X%) and Germany (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest non-combined refrigerator-freezer supplier worldwide, comprising X% of global exports. The second position in the ranking was held by Thailand ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Thailand (X% per year) and Germany (X% per year).

Export Prices by Country

The average non-combined refrigerator-freezer export price stood at $X per unit in 2022, with an increase of X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. The global export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

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

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

Non-Combined Refrigerator-Freezer Imports

Imports

In 2022, after two years of growth, there was significant decline in purchases abroad of household refrigerators and freezers (not combined), when their volume decreased by X% to X units. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, global imports hit record highs at X units in 2021, and then shrank in the following year.

In value terms, non-combined refrigerator-freezer imports contracted modestly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then dropped slightly in the following year.

Imports by Country

In 2022, the United States (X units), distantly followed by Germany (X units), the UK (X units) and France (X units) represented the largest importers of household refrigerators and freezers (not combined), together generating X% of total imports. The following importers - the Netherlands (X units), the United Arab Emirates (X units), Belgium (X units), Russia (X units), Canada (X units), Spain (X units), India (X units), Italy (X units) and Mexico (X units) - together made up X% of total imports.

Imports into the United States increased at an average annual rate of X% from 2012 to 2022. At the same time, India (X%), Mexico (X%), the United Arab Emirates (X%), Germany (X%), the Netherlands (X%), Russia (X%), Belgium (X%) and Canada (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. Spain and the UK experienced a relatively flat trend pattern. By contrast, Italy (X%) and France (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United States and the United Arab Emirates increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported household refrigerators and freezers (not combined) worldwide, comprising X% of global imports. The second position in the ranking was taken by Germany ($X), with a X% share of global imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (X% per year) and the Netherlands (X% per year).

Import Prices by Country

In 2022, the average non-combined refrigerator-freezer import price amounted to $X per unit, rising by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Global import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Canada ($X per unit), while Russia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :