Australia: Combined Refrigerator-Freezer Market 2025

Combined Refrigerator-Freezer Market Size in Australia

In 2022, the Australian combined refrigerator-freezer market increased by 12% to $X, rising for the third year in a row after two years of decline. Over the period under review, consumption enjoyed a resilient increase. Combined refrigerator-freezer consumption peaked in 2022 and is expected to retain growth in the near future.

Combined Refrigerator-Freezer Exports

Exports from Australia

In 2022, overseas shipments of combined refrigerators-freezers decreased by -68.4% to X units, falling for the third year in a row after two years of growth. In general, exports showed a sharp descent. The pace of growth appeared the most rapid in 2018 with an increase of 115% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, combined refrigerator-freezer exports dropped sharply to $X in 2022. Over the period under review, exports faced a precipitous curtailment. The most prominent rate of growth was recorded in 2019 when exports increased by 68% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

New Zealand (X units), Timor-Leste (X units) and Fiji (X units) were the main destinations of combined refrigerator-freezer exports from Australia, together accounting for 52% of total exports.

From 2012 to 2022, the biggest increases were recorded for Timor-Leste (with a CAGR of +40.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for combined refrigerator-freezer exported from Australia were Papua New Guinea ($X), New Zealand ($X) and Fiji ($X), with a combined 36% share of total exports. Wallis and Futuna Islands, Timor-Leste, Solomon Islands and the United Arab Emirates lagged somewhat behind, together comprising a further 23%.

In terms of the main countries of destination, Wallis and Futuna Islands, with a CAGR of +27.9%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average combined refrigerator-freezer export price amounted to $X per unit, with an increase of 45% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 93% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Papua New Guinea ($X per unit), while the average price for exports to Timor-Leste ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Papua New Guinea (+7.1%), while the prices for the other major destinations experienced a decline.

Combined Refrigerator-Freezer Imports

Imports into Australia

In 2022, combined refrigerator-freezer imports into Australia expanded sharply to X units, picking up by 11% against the year before. Over the period under review, total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +16.4% against 2017 indices. The most prominent rate of growth was recorded in 2015 with an increase of 30%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, combined refrigerator-freezer imports rose significantly to $X in 2022. In general, total imports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +7.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +34.9% against 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of 23% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

China (X units), Thailand (X units) and South Korea (X units) were the main suppliers of combined refrigerator-freezer imports to Australia, with a combined 92% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +20.2%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest combined refrigerator-freezer suppliers to Australia were China ($X), Thailand ($X) and South Korea ($X), with a combined 91% share of total imports.

Among the main suppliers, China, with a CAGR of +21.1%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average combined refrigerator-freezer import price amounted to $X per unit, almost unchanged from the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 18%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.

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 South Korea ($X per unit), while the price for Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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