Africa: Refrigerator And Freezer Market 2025

Refrigerator And Freezer Market Size in Africa

The African refrigerator and freezer market declined to $X in 2022, which is down by X% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Refrigerator And Freezer Production in Africa

In value terms, refrigerator and freezer production reached $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Refrigerator And Freezer Exports

Exports in Africa

For the fourth year in a row, Africa recorded growth in overseas shipments of refrigerators and freezers, which increased by X% to X units in 2022. Total exports indicated tangible growth 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. Based on 2022 figures, exports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, refrigerator and freezer exports rose to $X in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when exports increased by X%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

South Africa represented the major exporting country with an export of about X units, which reached X% of total exports. Egypt (X units) held the second position in the ranking, distantly followed by Swaziland (X units). All these countries together held near X% share of total exports. Zimbabwe (X units) followed a long way behind the leaders.

Exports from South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Zimbabwe (X%), Swaziland (X%) and Egypt (X%) displayed positive paces of growth. Moreover, Zimbabwe emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. South Africa (X p.p.), Swaziland (X p.p.) and Zimbabwe (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest refrigerator and freezer supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Egypt ($X), with a X% share of total exports. It was followed by Swaziland, with a X% share.

In South Africa, refrigerator and freezer exports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Egypt (X% per year) and Swaziland (X% per year).

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, approximately equating the previous year. In general, the export price saw a noticeable decrease. The growth pace was the most rapid in 2018 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Egypt ($X per unit), while Swaziland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zimbabwe (X%), while the other leaders experienced mixed trends in the export price figures.

Refrigerator And Freezer Imports

Imports in Africa

In 2022, refrigerator and freezer imports in Africa reduced to X units, dropping by X% on the year before. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. The volume of import peaked at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, refrigerator and freezer imports shrank to $X in 2022. Overall, imports saw a slight setback. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

The purchases of the five major importers of refrigerators and freezers, namely Morocco, Ghana, Nigeria, South Africa and Egypt, represented more than third of total import. It was distantly followed by Libya (X units), making up a X% share of total imports. Algeria (X units), Angola (X units), Ethiopia (X units), Tunisia (X units), Kenya (X units), Sudan (X units) and Cote d'Ivoire (X units) held a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Ghana (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X), Morocco ($X) and Egypt ($X) were the countries with the highest levels of imports in 2022, together comprising X% of total imports. South Africa, Ghana, Libya, Angola, Ethiopia, Cote d'Ivoire, Algeria, Tunisia, Kenya and Sudan lagged somewhat behind, together accounting for a further X%.

Tunisia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Africa stood at $X per unit in 2022, rising by X% against the previous year. In general, the import price, however, recorded a slight downturn. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure 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 Egypt ($X per unit), while Ghana ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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