China - Refrigerators And Freezers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRefrigerator and Freezer Prices in China
China Refrigerator and Freezer Export Price in September 2022
In September 2022, the refrigerator and freezer price amounted to $8.9 per unit (FOB, China), rising by 2.5% against the previous month. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in July 2022 an increase of 5.6% month-to-month. The export price peaked in September 2022.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($22.8 per unit), while the average price for exports to Mexico ($4.7 per unit) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.
China Refrigerator and Freezer Export Prices by Type
Prices varied noticeably by the product type; the product with the highest price was combined refrigerators-freezers ($236 per unit), while the average price for exports of household refrigerators and freezers (not combined) amounted to $4.1 per unit.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for the following types: non-combined refrigerator-freezer (+0.7%).
China Refrigerator and Freezer Exports
In September 2022, the amount of refrigerators and freezers exported from China declined to 63M units, with a decrease of -11% compared with the previous month's figure. In general, exports continue to indicate a noticeable setback. The most prominent rate of growth was recorded in March 2022 with an increase of 35% month-to-month. As a result, the exports reached the peak of 98M units. From April 2022 to September 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, refrigerator and freezer exports dropped to $565M (IndexBox estimates) in September 2022. Overall, exports saw a pronounced contraction. The most prominent rate of growth was recorded in March 2022 with an increase of 32% against the previous month. As a result, the exports reached the peak of $836M. From April 2022 to September 2022, the growth of the exports remained at a lower figure.
China Refrigerator and Freezer Exports by Type
Household refrigerators and freezers (not combined) (62M units) was the largest type of refrigerator and freezer exported from China, with a 98% share of total exports. It was followed by combined refrigerators-freezers (1.3M units), with a 2% share of total exports.
From January 2022 to September 2022, the average monthly growth rate of the volume of export of household refrigerators and freezers (not combined) amounted to -4.8%.
In value terms, combined refrigerators-freezers ($307M) and household refrigerators and freezers (not combined) ($258M) appeared to be the most exported types of refrigerators and freezers from China worldwide.
In terms of the main product categories, non-combined refrigerator-freezer, with a CAGR of -4.1%, saw the highest rates of growth with regard to the value of exports, over the period under review.
China Refrigerator and Freezer Exports by Country
The United States (14M units) was the main destination for refrigerator and freezer exports from China, accounting for a 22% share of total exports. Moreover, refrigerator and freezer exports to the United States exceeded the volume sent to the second major destination, the UK (3.3M units), fourfold. Russia (2.8M units) ranked third in terms of total exports with a 4.4% share.
From January 2022 to September 2022, the average monthly growth rate of volume to the United States totaled -7.0%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the UK (-3.4% per month) and Russia (+4.7% per month).
In value terms, the United States ($114M) remains the key foreign market for refrigerator and freezer exports from China, comprising 20% of total exports. The second position in the ranking was taken by Japan ($54M), with a 9.6% share of total exports. It was followed by South Korea, with a 6.6% share.
From January 2022 to September 2022, the average monthly rate of growth in terms of value to the United States totaled -6.1%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Japan (-4.1% per month) and South Korea (+5.6% per month).
This report provides an in-depth analysis of the refrigerator and freezer market in China. 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 27511110 - Combined refrigerators-freezers, with separate external doors
- Prodcom 27511133 - Household-type refrigerators (including compression-type, e lectrical absorption-type) (excluding built-in)
- Prodcom 27511135 - Compression-type built-in refrigerators
- Prodcom 27511150 - Chest freezers of a capacity . .800 litres
- Prodcom 27511170 - Upright freezers of a capacity . .900 litres
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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
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This report provides an in-depth analysis of the refrigerator and freezer market in China.
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This report provides an in-depth analysis of the refrigerator or freezer market in China.
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This report provides an in-depth analysis of the combined refrigerator-freezer market in China.
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This report provides an in-depth analysis of the household refrigerator market in China.
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This report provides an in-depth analysis of the non-combined refrigerator-freezer market in China.
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During the period analyzed, Refrigerator Or Freezer exports peaked at 16M units in 2022, but experienced a sharp decline the following year. In terms of value, exports of Refrigerator Or Freezer significantly decreased to $18M in 2023.
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The global refrigerator and freezer market revenue amounted to $72.8B in 2017, picking up by 19% against the previous year...
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In 2016, the amount of refrigerator imported worldwide totaled X tons, ascending by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over t...
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In 2016, the amount of refrigerator imported worldwide totaled X tons, ascending by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over t...
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Mexico edged ahead of China in the global refrigerator and freezer trade with $X in total sales. In 2014, these two countries were the main global suppliers of refrigerators and freezers with a combined share of X% of global exports. Mexico's mai
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In 2013, China (X million units) and the Republic of Korea (X million units) were the main exporters of combined refrigerators and freezers in the world, together comprising X% of global exports.
