World - Refrigerated Vessels (Ships) - Market Analysis, Forecast, Size, Trends and Insights
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Refrigerated vessel market: discover the latest information powered by an Ai-driven market intelligence platform. Data provide companies, exports, production, imports, consumption, market size, trade, and market prices. Here is a breakdown by region, including China, EU, Africa, the Middle East, Latin America, the U.K., Russia, and the U.S. Market dynamics and outlook to 2030 are also featured in the snapshots.
Refrigerated Vessel - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | Saudi Arabia |
In value terms, Saudi Arabia led the market, alone.
In Saudi Arabia, the refrigerated vessel market expanded at an average annual rate of +2.7% over the period from 2018-2020.
Refrigerated Vessel Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per unit | ||||
| India | 4 | 3 | 2 | -29.3% |
| United Arab Emirates | 641 | 513 | 410 | -20.0% |
| Canada | n/a | 32283 | 1383 | 0.0% |
| Malaysia | 388129 | n/a | 10289 | -83.7% |
| Australia | 2725 | 2336 | 13640 | 123.7% |
| Cyprus | 1129975 | 2009418 | 1191767 | 2.7% |
| Norway | 6000000 | 3000010 | 2702117 | -32.9% |
| Germany | 3744950 | 2505766 | 2927831 | -11.6% |
| Poland | 6581955 | 5252510 | 5358484 | -9.8% |
| Panama | 7801286 | 4699074 | 5980431 | -12.4% |
| China | 11041000 | 15775949 | 15854828 | 19.8% |
| Spain | n/a | n/a | 26066418 | 0.0% |
| Japan | 19893627 | 24917190 | 32068777 | 27.0% |
| Average | 6549182 | 6174457 | 6533510 | -0.1% |
There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Japan ($32,068,777 per unit), while India ($2 per unit) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Australia (+123.7% per year), while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per unit | ||||
| Hong Kong SAR | 3938328 | 16143218 | 16223934 | 103.0% |
| Panama | 8514269 | 7914705 | 7162857 | -8.3% |
| Cayman Islands | 5812722 | 5580213 | 6696255 | 7.3% |
| Poland | 6123391 | 6279105 | 6268581 | 1.2% |
| Russia | 2039829 | 3161235 | 4230905 | 44.0% |
| Lithuania | n/a | n/a | 2781026 | 0.0% |
| Liberia | 3332050 | 2100201 | 1853831 | -25.4% |
| Denmark | 2239459 | 2967585 | 1279084 | -24.4% |
| Japan | 984873 | 1021961 | 1060444 | 3.8% |
| China | 1362819 | 536631 | 179208 | -63.7% |
| South Africa | 6625867 | n/a | 27 | -99.8% |
| Average | 3206453 | 3138619 | 2014464 | -20.7% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Hong Kong SAR ($16,223,934 per unit), while South Africa ($27 per unit) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+103.0% per year), while the other global leaders experienced more modest paces of growth.
Refrigerated Vessel - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| Panama | 139 | 125 | 67 | -30.6% |
| Hong Kong SAR | 23 | 48 | 49 | 44.3% |
| Cayman Islands | 23 | 28 | 33 | 20.0% |
| Russia | 12 | 60 | 30 | 55.6% |
| Poland | 24 | 157 | 19 | -12.4% |
In value terms, the largest refrigerated vessel importing markets worldwide were Panama ($67M), Hong Kong SAR ($49M) and Cayman Islands ($34M), with a combined 56% share of global imports. Russia, Poland, China, Liberia, Lithuania, Japan, Denmark and South Africa lagged somewhat behind, together accounting for a further 31%.
In terms of the main importing countries, Lithuania (+1,373.3% per year) saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Refrigerated Vessel - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| Poland | 26 | 16 | 161 | 147.1% |
| Japan | 139 | 125 | 64 | -32.1% |
| China | 22 | 47 | 48 | 46.8% |
| Spain | n/a | 0.000337 | 26 | 0.0% |
| Panama | 7.8 | 18 | 18 | 51.7% |
In value terms, Poland ($161M) emerged as the largest refrigerated vessel supplier worldwide, comprising 46% of global exports. The second position in the ranking was occupied by Japan ($64M), with a 19% share of global exports. It was followed by China, with a 14% share.
From 2018 to 2020, the average annual growth rate of value in Poland stood at +147.1%. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (-32.1% per year) and China (+46.8% per year).
Refrigerated Vessel - Market Forecast
Driven by rising demand for refrigerated vessel worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Refrigerated Vessel - Top Companies
Changhang Group Yichang SHIPYARD Co., Ltd., Hyundai Heavy Industries Co., Ltd., China Shipbuilding Industry Co., Ltd., Huntington Ingalls Industries, Inc., SAMSUNG HEAVY INDUSTRIES CO., LTD., MITSUI E&S HOLDINGS CO., LTD., Aker ASA, FINCANTIERI SPA, NAVAL GROUP, Dalian Shipbuilding Industry Co., Ltd., Huntington Ingalls Incorporated, CSSC Offshore and Marine Engineering (Group) Company Limited, COSCO SHIPYARD GROUP CO., LTD., IMABARI SHIPBUILDING CO.,LTD., JAPAN MARINE UNITED CORPORATION, Hyundai Samho Heavy Industries Co., Ltd., Electric Boat Corporation, HANJIN HEAVY INDUSTRIES & CONSTRUCTION CO., LTD, Hanjin Heavy Industries & Construction Co., Ltd., Hyundai Mipo Dockyard Co., Ltd.
Refrigerated Vessel - Product Coverage
- HS 890130 - Vessels, refrigerated; other than tankers
This report provides an in-depth analysis of the global refrigerated vessel market. 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 30112300 - Refrigerated vessels, except tankers
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- 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. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
-
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption, By Country, 2018–2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Destination, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Origin, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Consumption, By Country, 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
- Production, By Country, 2024
- Production, In Physical Terms, By Country, 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, 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, 2012–2024
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This report provides an in-depth analysis of the global refrigerated vessel market.
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This report provides an in-depth analysis of the global shipping market.
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This report provides an in-depth analysis of the global tanker market.
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In 2016, approx. X tons of shipping were imported worldwide- leveling off at the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- the tr...
600
In 2016, approx. X tons of shipping were imported worldwide- leveling off at the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- the tr...
595
In value terms, fishing vessels, factory ships and other vessels imports totaled $X in 2016. Overall, it indicated a strong expansion from 2007 to 2016: the total imports value decreased at an aver...
1107
In value terms, vessels imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some notic...
683
In value terms, vessels and other floating structures imports stood at $X in 2016. Overall, vessels and other floating structures imports continue to indicate a strong growth. In that year, global ...
781
In value terms, fishing vessels, factory ships and other vessels exports stood at $X in 2016. In general, fishing vessels, factory ships and other vessels exports continue to indicate a remarkable ...
504
In value terms, vessels exports amounted to $X in 2016. Overall, vessels exports continue to indicate a slight descent. Global vessels export peaked of $X in 2015, falling back in the following ...
567
In value terms, vessels and other floating structures exports totaled $X in 2016. In general, vessels and other floating structures exports continue to indicate a remarkable expansion. Global vesse...
