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Germany - Compressors For Refrigeration Equipment - Market Analysis, Forecast, Size, Trends And Insights

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Jul 25, 2023

Price of Refrigerator Compressors in Germany Increases Modestly to $68.4 per Unit

Germany Refrigerator Compressor Export Price in April 2023

In April 2023, the refrigerator compressor price stood at $68.4 per unit (FOB, Germany), increasing by 3.7% against the previous month. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2022 when the average export price increased by 6.9% month-to-month. As a result, the export price reached the peak level of $69,114 per thousand units. From September 2022 to April 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was China ($103 per unit), while the average price for exports to Egypt ($46.1 per unit) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.

COUNTRY	Export Price of Refrigerator Compressor in Germany (USD per unit)
COUNTRY	Apr 2022	May 2022	Jun 2022	Jul 2022	Aug 2022	Sep 2022	Oct 2022	Nov 2022	Dec 2022	Jan 2023	Feb 2023	Mar 2023	Apr 2023
China	101	103	101	99.1	114	102	91.8	85.1	88.6	106	89.7	96.2	103
Spain	67.3	68.5	71.5	72.5	72.9	67.8	66.5	72.3	86.6	85.8	80.0	88.6	88.0
Poland	61.2	59.0	60.5	59.6	67.1	58.6	57.2	61.0	63.3	62.8	65.6	66.7	81.0
Czech Republic	62.7	64.9	67.9	66.2	69.0	61.6	65.9	61.4	70.4	62.8	68.2	68.0	80.0
United Kingdom	67.6	70.7	67.8	78.9	74.5	71.4	71.4	68.9	68.8	69.3	72.3	70.4	72.2
South Africa	73.9	64.3	71.0	61.3	61.2	59.9	53.4	64.6	67.9	65.2	65.6	62.0	70.7
South Korea	53.5	51.2	44.7	45.6	56.2	58.9	56.8	53.5	54.3	74.6	58.9	58.4	66.3
United States	94.2	94.5	90.6	100	95.0	88.6	89.7	88.8	83.4	84.4	64.1	57.1	64.7
France	59.6	44.4	56.1	67.2	67.3	51.5	57.0	57.5	64.4	63.1	66.2	70.9	60.2
Turkey	52.5	57.6	57.6	52.8	56.5	56.5	53.8	57.8	62.6	62.3	57.9	62.1	52.9
Italy	45.2	38.5	40.0	43.4	46.4	39.1	40.2	42.5	47.4	46.1	46.3	44.5	49.3
India	43.8	48.4	46.4	43.2	45.6	44.1	45.5	43.4	50.7	53.9	40.0	52.4	48.9
Egypt	47.6	35.5	35.8	58.1	47.3	32.8	36.0	26.9	56.8	67.1	49.1	45.8	46.1
Average	62.9	62.6	63.9	64.6	69.1	59.9	61.3	63.7	67.3	67.3	63.9	66.0	68.4

Germany Refrigerator Compressor Exports

In April 2023, after three months of growth, there was significant decline in overseas shipments of compressors for refrigeration equipment, when their volume decreased by -15.3% to 1.7M units. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 with an increase of 48% against the previous month. As a result, the exports reached the peak of 2.2M units. From October 2022 to April 2023, the growth of the exports failed to regain momentum.

In value terms, refrigerator compressor exports shrank to $118M (IndexBox estimates) in April 2023. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in January 2023 when exports increased by 32% against the previous month. Over the period under review, the exports attained the peak figure at 135M units in September 2022; however, from October 2022 to April 2023, the exports remained at a lower figure.

Germany Refrigerator Compressor Exports by Country

Italy (336K units), the United States (197K units) and France (121K units) were the main destinations of refrigerator compressor exports from Germany, with a combined 38% share of total exports. These countries were followed by Spain, China, Turkey, Egypt, Poland, India, the Czech Republic, the UK, South Africa and South Korea, which together accounted for a further 39%.

From April 2022 to April 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Egypt (with a CAGR of +29.9%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($17M), the United States ($13M) and China ($9.3M) constituted the largest markets for refrigerator compressor exported from Germany worldwide, together comprising 33% of total exports. These countries were followed by Spain, France, Poland, Turkey, the Czech Republic, Egypt, the UK, South Africa, South Korea and India, which together accounted for a further 39%.

Egypt, with a CAGR of +29.5%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the refrigerator compressor market in Germany. 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 28132300 - Compressors for refrigeration equipment

Country coverage:

Germany

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Germany
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023

Germany - Compressors For Refrigeration Equipment - Market Analysis, Forecast, Size, Trends And Insights

Price of Refrigerator Compressors in Germany Increases Modestly to $68.4 per Unit

Germany Refrigerator Compressor Export Price in April 2023

Germany Refrigerator Compressor Exports

Germany Refrigerator Compressor Exports by Country

Product coverage:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

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