Brazil - Refrigerating And Freezing Equipment And Heat Pumps (Except Household Type Equipment) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBrazilian Import of Commercial Refrigeration Equipment Saw Impressive 12% Surge Reaching $191M in 2023
Brazil Commercial Refrigeration Equipment Imports
In 2023, approx. 1.1M units of refrigerating and freezing equipment and heat pumps (except household type equipment) were imported into Brazil; rising by 30% compared with the previous year. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 36% against the previous year. Over the period under review, imports reached the maximum at 1.2M units in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.
In value terms, commercial refrigeration equipment imports totaled $191M (IndexBox estimates) in 2023. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 35%. Imports peaked at $198M in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.
| COUNTRY | Import Value of Commercial Refrigeration Equipment in Brazil (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| China | 55.9 | 55.4 | 40.2 | 19.2 | 26.0 | 33.3 | 34.5 | 42.8 | 70.2 | 73.8 | 97.8 |
| Italy | 16.2 | 15.2 | 11.9 | 7.4 | 10.3 | 15.6 | 14.0 | 10.3 | 14.3 | 18.5 | 29.4 |
| Ireland | 0.3 | N/A | 0.1 | 2.1 | 6.0 | 17.0 | 17.7 | 16.3 | 11.3 | 19.1 | 21.5 |
| United States | 85.9 | 64.6 | 44.4 | 21.4 | 29.2 | 33.6 | 31.0 | 26.4 | 28.3 | 32.9 | 15.4 |
| Germany | 4.1 | 4.3 | 3.8 | 1.8 | 3.0 | 3.8 | 1.9 | 1.9 | 2.1 | 4.6 | 4.2 |
| France | 1.7 | 1.7 | 2.1 | 1.4 | 2.4 | 1.5 | 0.7 | 2.4 | 1.2 | 0.5 | 3.3 |
| Japan | 1.9 | 2.4 | 1.9 | 1.6 | 2.4 | 2.9 | 2.3 | 3.1 | 3.6 | 2.8 | 3.1 |
| Spain | 5.3 | 4.7 | 2.3 | 1.3 | 2.2 | 2.8 | 2.6 | 1.5 | 1.9 | 1.9 | 2.5 |
| Austria | 1.1 | 0.4 | 1.6 | 2.0 | 2.3 | 1.9 | 4.0 | 4.6 | 7.5 | 6.1 | 0.1 |
| Others | 25.7 | 28.5 | 15.9 | 11.8 | 9.2 | 11.4 | 11.9 | 9.9 | 21.3 | 11.4 | 13.9 |
| Total | 198 | 177 | 124 | 70.0 | 93.0 | 124 | 121 | 119 | 162 | 171 | 191 |
Imports by Country
In 2023, China (802K units) constituted the largest commercial refrigeration equipment supplier to Brazil, accounting for a 72% share of total imports. Moreover, commercial refrigeration equipment imports from China exceeded the figures recorded by the second-largest supplier, Italy (99K units), eightfold. Ireland (79K units) ranked third in terms of total imports with a 7% share.
From 2013 to 2023, the average annual rate of growth in terms of volume from China amounted to +3.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+6.7% per year) and Ireland (+60.8% per year).
In value terms, China ($98M) constituted the largest supplier of refrigerating and freezing equipment and heat pumps (except household type equipment) to Brazil, comprising 51% of total imports. The second position in the ranking was taken by Italy ($29M), with a 15% share of total imports. It was followed by Ireland, with an 11% share.
From 2013 to 2023, the average annual growth rate of value from China totaled +5.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+6.1% per year) and Ireland (+55.2% per year).
Imports by Type
In 2023, non-furniture refrigerating or freezing equipment (1M units) was the main type of refrigerating and freezing equipment and heat pumps (except household type equipment) supplied to Brazil, with a 90% share of total imports. Moreover, non-furniture refrigerating or freezing equipment exceeded the figures recorded for the second-largest type, heat pumps other than air conditioning machines (57K units), more than tenfold.
From 2013 to 2023, the average annual rate of growth in terms of the volume of non-furniture refrigerating or freezing equipment imports was relatively modest. With regard to the other supplied products, the following average annual rates of growth were recorded: heat pumps other than air conditioning machines (+39.0% per year) and refrigerating or freezing display counters, cabinets, show-cases (-3.7% per year).
In value terms, non-furniture refrigerating or freezing equipment ($159M) constituted the largest type of refrigerating and freezing equipment and heat pumps (except household type equipment) supplied to Brazil, comprising 83% of total imports. The second position in the ranking was taken by refrigerating or freezing display counters, cabinets, show-cases ($21M), with an 11% share of total imports.
Import Prices by Country
In 2023, the commercial refrigeration equipment price amounted to $171 per unit (CIF, Brazil), shrinking by -14% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 an increase of 23% against the previous year. As a result, import price attained the peak level of $199 per unit, and then dropped in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Italy ($296 per unit), while the price for China ($122 per unit) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by the United States (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.
This report provides an in-depth analysis of the commercial refrigeration equipment market in Brazil. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28251333 - Refrigerated show-cases and counters incorporating a refrigerating unit or evaporator for frozen food storage
- Prodcom 28251335 - Refrigerated show-cases and counters incorporating a refrigerating unit or evaporator (excluding for frozen food storage)
- Prodcom 28251340 -
- Prodcom 28251350 -
- Prodcom 28251380 - Heat pumps other than air conditioning machines of HS
- Prodcom 28251390 - Other refrigerating or freezing equipment
Country coverage:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
