Report Update Nov 1, 2024

Argentina - Furniture Designed to Receive Refrigerating or Freezing Equipment - Market Analysis, Forecast, Size, Trends and Insights

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Argentina: Refrigerator Or Freezer Market 2024

Refrigerator Or Freezer Market Size in Argentina

In 2022, the Argentinian refrigerator or freezer market increased by 281% to $X, rising for the second consecutive year after six years of decline. Overall, consumption showed a pronounced increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Refrigerator Or Freezer Production in Argentina

In value terms, refrigerator or freezer production declined to $X in 2022 estimated in export price. In general, production recorded a deep reduction. The most prominent rate of growth was recorded in 2019 when the production volume increased by 192%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Refrigerator Or Freezer Exports

Exports from Argentina

Refrigerator or freezer exports from Argentina dropped significantly to X units in 2022, shrinking by -88.2% on 2021 figures. In general, exports recorded a precipitous slump. The pace of growth appeared the most rapid in 2019 with an increase of 694% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, refrigerator or freezer exports shrank dramatically to $X in 2022. Over the period under review, exports showed a sharp downturn. The most prominent rate of growth was recorded in 2019 with an increase of 696% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Uruguay (X units) was the main destination for refrigerator or freezer exports from Argentina, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Uruguay stood at -9.9%.

In value terms, Uruguay ($X) emerged as the key foreign market for furniture designed to receive refrigerating or freezing equipment exports from Argentina.

From 2012 to 2022, the average annual rate of growth in terms of value to Uruguay stood at -7.7%.

Export Prices by Country

In 2022, the average refrigerator or freezer export price amounted to $X per unit, falling by -13.1% against the previous year. Overall, the export price saw a perceptible curtailment. The pace of growth appeared the most rapid in 2018 an increase of 18% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Uruguay.

From 2012 to 2022, the rate of growth in terms of prices for Bolivia amounted to +12.3% per year.

Refrigerator Or Freezer Imports

Imports into Argentina

In 2022, supplies from abroad of furniture designed to receive refrigerating or freezing equipment increased by 204% to X units, rising for the fourth year in a row after two years of decline. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, refrigerator or freezer imports soared to $X in 2022. Over the period under review, imports saw a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) was the main refrigerator or freezer supplier to Argentina, with a 97% share of total imports. It was followed by Brazil (X units), with a 2% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +35.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+18.6% per year) and Italy (-15.9% per year).

In value terms, China ($X) constituted the largest supplier of furniture designed to receive refrigerating or freezing equipment to Argentina, comprising 94% of total imports. The second position in the ranking was taken by Brazil ($X), with a 4.9% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to +32.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+8.2% per year) and Italy (-20.7% per year).

Import Prices by Country

In 2022, the average refrigerator or freezer import price amounted to $X per unit, increasing by 16% against the previous year. In general, the import price, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in 2017 an increase of 17%. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-2.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for furniture designed to receive refrigerating or freezing equipment in the world?

China constituted the country with the largest volume of refrigerator or freezer consumption, accounting for 20% of total volume. Moreover, refrigerator or freezer consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 7.1% share.

What are the largest producers of furniture designed to receive refrigerating or freezing equipment in the world?

China remains the largest refrigerator or freezer producing country worldwide, comprising approx. 24% of total volume. Moreover, refrigerator or freezer production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 5.8% share.

What are the leading suppliers of furniture designed to receive refrigerating or freezing equipment to Argentina?

In value terms, China constituted the largest supplier of refrigerator or freezer to Argentina, comprising 68% of total imports. The second position in the ranking was occupied by Spain, with a 20% share of total imports.

What are the leading importers of furniture designed to receive refrigerating or freezing equipment from Argentina?

In value terms, Colombia remains the key foreign market for refrigerator or freezer exports from Argentina, comprising 45% of total exports. The second position in the ranking was occupied by Paraguay, with a 14% share of total exports. It was followed by Venezuela, with a 12% share.

What is the average export price for furniture designed to receive refrigerating or freezing equipment in Argentina?

The average refrigerator or freezer export price stood at $5,221 per ton in 2021, waning by -9.8% against the previous year.

What is the average import price for furniture designed to receive refrigerating or freezing equipment in Argentina?

In 2021, the average refrigerator or freezer import price amounted to $3,476 per ton, dropping by -5.8% against the previous year.

This report provides an in-depth analysis of the refrigerator or freezer market in Argentina. 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 28253030 - Furniture designed to receive refrigerating or freezing equipment (including evaporators, complete refrigerating units)

Country coverage:

Argentina

Data coverage:

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